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Web-Based MLS for Commercial Real Estate Discussed

IRVINE, CA-Featuring a panel of real estate practitioners and Website executives, the UCI conference series on commercial real estate wrapped up with a discussion on how technology is impacting the industry.

By Joel Cone | Updated on April 25, 2001

IRVINE, CA-Members of the local brokerage community and officials of web-based MLS providers serving the commercial real estate industry came together Tuesday at the University of California, Irvine to discuss the impact technology is having on the real estate transaction.

The panel spoke to inefficiencies of many MLS Websites and what the brokerage community wants from them.

“Our industry lags between 10 to 12 years behind all other industries in terms of technology adoption,” says Joe Fitzpatrick, EVP with CB Richard Ellis. “If you have to go to 15 or 20 Websites to bring a transaction together, it’s not worth it.”

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