National Coverage for Successful Data Sharing with the GLR
October 29, 2015
With the Great Lakes Repository’s (GLR) big news announced in the official press release last month, it received publicity from local news sources but also national news sources for the success of the data sharing operation.
With data sharing of 19 member organizations, representing 12 MLSs in Michigan this covers 2/3 of the active listings and nearly 70% of the REALTORS® in the state. In Clareity Consulting’s MLS Summer 2015 Report, they said, “In contrast to merging, Michigan MLS Realcomp II joined the Great Lakes Repository (GLR) data share, which includes an agreement for cooperation and compensation. Data can be brought back into local MLS systems, and a broker can choose which MLS he or she wants to belong to while having access to all the data, including a single IDX feed. Participating MLSs still manage their own rules.
Data sharing in many markets has not been successful with password sharing and does not include offer of Cooperation and Compensation; however, the GLR’s operation is unique in the sense that the data is in one convenient location and offers of cooperation and compensation must be followed.