What is an MLS based on "First Principles"?
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Overview
Rob and Greg are joined by Michael Wurzer, President and CEO of FBS, for a live continuation of the IDX/data-distribution debate that started at the Columbus Realtors event and continued in a series of dueling LinkedIn posts. Rob argues the MLS should get out of data distribution and marketing entirely; Wurzer defends a reformed, usage-based IDX system; Greg plays referee. The conversation ranges from first-principles arguments about what the MLS is actually for, to pricing and licensing models, to whether a national MLS is closer than anyone thinks.
Key Takeaways
- Wurzer proposes keeping IDX but shifting to volume/usage-based licensing instead of blowing up the current system
- Rob argues the MLS's only legitimate first-principle purpose is brokerage cooperation, not data distribution or marketing
- Wurzer: licenses should follow use — display rights are separable from participation rights
- Rob compares reforming IDX incrementally to "improving slavery" rather than abolishing it — Greg pushes back hard
- Wurzer references Craig Cheatham's writing on shifting licensing focus to how data is used, not who's using it
- Discussion of whether non-broker companies (House Canary, Zillow, OpenAI) should get separate syndication licenses distinct from broker/participant data licenses
- Rob argues MLS "creates no data" — all data originates from brokers and agents (the "ultimate UGC")
- Wurzer counters that aggregation itself has independent value, distinct from the underlying listings
- Debate over whether a national MLS is realistic — Rob claims only ~25 MLSs are needed to reach 85% listing share
- Both agree clear cooperation as a nationwide mandate was likely a policy mistake
- Wurzer references Daniel Jones (Hive) as working on a formal "MLS constitution" concept
Links
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