As of May 1, the California Regional MLS, which has more than 104,000 agent and broker subscribers, will consider Mondays through Saturdays business days, not including holidays, according to a notice the MLS put on its website.
CRMLS is also adding a policy that says MLS staff may modify any field or data point within a listing if it’s done for the enforcement of MLS rules and regulations or as otherwise needed to correct listing information.
The new rules will be effective May 1, but not enforced until June 1 to allow time for workflow adjustments and education, the notice said.
The business day rule change was made to “ensure that the information in the MLS is as accurate as possible as soon as feasible,” CRMLS CEO Art Carter told Inman via email.
.
Multiple listing services need to either meet agent needs and help them compete against tech giants like Zillow or lose them to something like a national MLS, Courtney Poulos, broker-owner at Los Angeles-based ACME Real Estate said at Inman Connect on Tuesday.
Poulos spoke in a session called “What is the Role of the MLS?” along with Denee Evans, CEO of the Council of MLSs (CMLS) and moderator Kendall Bonner, a broker at RE/MAX Capital Realty in Florida.
In a lively discussion, Poulos took MLSs to task because of the lack of choice involved in using an MLS: Agents align with a brokerage, which is aligned with a particular Realtor association, which is in turn aligned with a particular MLS.