Recently I hinted that I believe that the current MLS system is dangerously susceptible to being replaced. Possibly by an outsider.
The only way to fix this problem is for the MLS's to get themselves in touch with technological realities and to create a true Universal sharing of data.
As it happens ( as reported by Inman), 3 of the largest multiple listing services in Wisconsin just announced an aggregation of real estate data that will benefit members across the State.
This is a major move that hopefully causes more influential states to take notice. Meanwhile, Colorado real estate broker Creed Smith, has recently created Universal MLS. Smith has plans to build a new MLS. The idea is not new by any means, however few insiders have attempted such an approach.
He has a hefty challenge as few have the wherewithall to change industry habits except for a nicely funded startup. It is only a matter of time.