World Property Ventures (Miami) – A global firm specializing in real estate technology and investment, World Property Ventures is excited to announce its latest venture BETTER MLS. This new nationwide MLS platform is being developed with Agents and Brokers first in mind, marking a significant change in the real estate market.
BETTER MLS will revolutionize the real estate industry through the integration of advanced AI technologies. This includes Large Language Models (LLM), Transformers and Big Data. The system will only feature listings by licensed real estate brokers and agents in the United States. This comprehensive MLS will include active Residential, Vacation, Land, and Commercial listings, regardless of whether they are listed for sale, rental, auction, exchange, or other purposes.
BetterMLS.com is a feature that stands out in BETTER MLS. It promises to improve the property search experience for consumers. This platform allows consumers to search for properties in the MLS directly and contact the listing agents of those listings. It is a transparent and seamless process.
Michael Gerrity expressed his excitement about the project in light of the legal challenges facing the U.S. brokerage industry. Gerrity said that the recent $418 million NAR settlement had changed the landscape for how buyer agent commissions were paid. It also highlighted the urgent need for a new MLS system which empowers agents and broker, and puts control in their hands instead of real estate associations.
Gerrity also highlighted that real estate professionals are in favor of a national MLS. After engaging with thousands agents and brokers across the country over the past few years, it is clear that there’s a demand for a MLS system which puts their needs first. BETTER MLS, our response to their call, is the result of an overwhelming majority who have expressed their support for a nationwide MLS platform.
BETTER MLS will form a national Broker and Agent Advisory Board to help develop the rules for the use of the platform. BETTER MLS is ultimately owned, run and governed independently by its future broker and agent members and not by any realty association.
World Property Ventures, which is developing BETTER MLS, has set the stage for a transformational shift in how real-estate listings are managed across the nation. This will lead to a brighter tomorrow for Realtors, despite the uncertain times of today.