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(Multiple listing services track details of property listings and sales for member real estate brokers, who generally pay a fee to participate).
For example, he said, with most multiple listing services, the system administrator maintains data on previous listings and completed sales that participating brokers can use in marketing new properties.
It also recently acquired Retsly, a service that helps developers access real estate listing and it has worked out deals with multiple listing services to get direct access to their real estate listings.
Town-by-town differences aren't evident in the countywide data gathered by multiple listing services.
But such homes are available in small numbers on the multiple listing services.
Associations of real estate brokers who run multiple listing services have won similar suits.
Similar(15)
Using information from local multiple-listing services, where agents list the home they are representing for sale, the "Scouting Report" tool provides data on roughly one million agents, he said.
Web sites like Homegain can display nearly the entire range of listings available to agents through the multiple-listing services.
But unlike most multiple-listing services, which are run by nonprofit corporations or local real estate boards, this one was to be owned by Elliman and Corcoran.
Another problem is that in markets with multiple-listing services, agents say they sell most homes to buyers represented by agents from another broker.
Other cities, including San Francisco, Washington and Los Angeles, have adopted multiple-listing services and say that they are pleased with the results.
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