Subscribers Only Newsletter Propmodo’s weekly perspective on commercial real estate and things interesting to real estate executives. Curated by Franco Faraudo. View Archive Become a Subscriber Technology develops faster than our legal system moves. Eventually, though presidents get set and regulations get penned that try to level what can be...

In the U.S. real estate market, Multiple Listing Services (MLSs) play a pivotal role that resembles a form of monopoly, though it may not fit the strictest definition of the term. Initially, MLSs were established as cooperative agreements among licensed brokers to share property listings with each other. Over time, these organizations have grown into substantial entities, generating significant revenue through membership fees.