International MLS Forum Announces Panel: “MLS of the Future: The Value of Listing Data”
by Milan, Italy – The International MLS Forum is pleased to announce Panel 05/B: “MLS of the Future: The Value of Listing Data”, an exciting and timely discussion set to take place on October 8th, 2024, from 14:30 to 15:15 in Milan, Italy.
This dynamic panel will feature leading voices from the real estate industry who will explore the evolving value and copyright ownership of listing data. The conversation will focus on how MLSs can Protect, Control, and Monetize their data more effectively, in response to the growing use of MLS data by large-scale portals, AI companies, and other entities that generate significant value — often without balanced compensation to MLSs or brokers, who are the original owners of the compilation of listing data.
Panel Focus
This panel will delve into the following key topics:
- Utilization of Listing Data:
How entities like large portals and AI companies are using MLS data to create value and what this means for the industry. - Economic Valuation of Data:
The disparity between the value generated from listing data and the compensation received by MLSs and brokers. The panel will discuss methods for determining the economic value of listing data, ranging from metered billing models to licensing agreements. - Protect, Control, and Monetize MLS Data:
Exploring strategies that allow MLSs to safeguard their data, assert control over its use, and create new revenue streams through effective monetization. - Copyright and Fair Use:
Understanding the complexities around copyright ownership of MLS data and exploring viable solutions for protecting data ownership while ensuring fair and balanced use.
Moderator:
Saul Klein, CEO, San Diego MLS, USA
Esteemed Panelists:
Kevin Greene, SVP/GM, CoreLogic, USA
Victor Lund, CEO, WAV Group/RE Technology Inc, USA
Giselle Abadi, CTO, Realtyna, France
Jeff Bosch, CEO, IRES, LLC, USA
Key Discussion Highlights
- Valuation of Listing Data:
The panel will discuss various methodologies for setting a value on listing data, including metered billing, licensing agreements, and other models for monetization. They will explore examples of value creation versus costs paid and offer potential solutions for fair and balanced compensation. - Protecting and Controlling Data:
Strategies for MLSs to protect their data from unauthorized use, control its distribution, and ensure compliance with industry standards. - Monetization Opportunities:
Discussion on how MLSs can capitalize on their role as key providers of high-quality data to create additional revenue streams and fill gaps in the real estate and capital markets. - Copyright and Data Ownership:
An exploration of the complexities of copyrighting listing data, including a look at legal and industry frameworks that could protect data ownership and support fair use practices.
Why This Matters
As the real estate industry continues to evolve, the ability to Protect, Control, and Monetize listing data is critical for all stakeholders. The panel will shed light on the urgent need for industry-wide collaboration to develop and adopt practices that ensure the continued integrity and value of MLS data.
Join Us for This Important Discussion
The panel offers a unique opportunity to hear from top industry leaders on vital topics that are shaping the future of MLS data. Attendees will gain valuable insights into the challenges and opportunities surrounding data valuation, protection, control, and monetization — and how these factors could redefine the real estate landscape.
📅 Date: 8th of October 2024
⏰ Time: 14:30 – 15:15 CET
📍 Location: Milan, Italy
🔗 Website: mlsforum.org
Panel Code: 05/B
