"We of the Downtown Brokers Association, an organization formed 12 years ago to facilitate co-brokering in Downtown Manhattan, are all in favor of an MLS," says Jean Kingman of Kingman Associates in an exclusive interview with GlobeSt.com. "We want to make sure that the MLS happens and that the initiative to create it stays on track."
Others, however, say the existing public portal, nymls.com is enough. To these individuals Kingman counters, "The public portal is very nice, but it's the MLS that will really serve the brokers and customers in New York."
Board members are also saying that there are issues such as how the service will be funded and exactly what legal work must be done to get the MLS going in the right direction to consider. Various studies are being conducted to solve these problems and iron out any wrinkles.
"There are no big studies that have to be done because they've already been done," Kingman concludes. "Also, there are existing MLS in New York State already, so this is not like inventing the wheel. Putting the MLS on the Internet is simply a matter of taking it off paper and putting it on the computer--it's not rocket science and this should not be a big problem."
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