Why Dismantle Something that is Working Perfectly?

Yesterday on many discussion boards and news media outlets the idea of opening the MLS up to let the public list privately was presented. From what I could see the discussion boards were dominated by a small fraction of the Real Estate world which was dissatisfied with their Real Estate agents and of course Realtors. Here is a small insight into my view on it.

The draw of the mls system is that good agent or bad agent the systems integrity keeps everything above board and on the level. Remove the people who are ultimately responsible for the MLS - the agents - and it becomes a free for all. I would hate to have to buy sell/houses on a mass scale in a classified ad type of of system. The amount of misrepresentation and deceit would ground house sales to a halt.

Wonder if a lawyer will waive their fees if after weeks of negotiations they discover there is no equity in the house and it can't be sold! Don't think so.

99.9% of the time suspect sellers and buyers never cross onto the MLS because of the due diligence of realtors and the realtor system. No such checks and balance in the self serve world. Want to check every buyer that walks through and is interested? Think about that process. How much would your lawyer charge you? Do you think they would do it for free?

EVERY buyer agent performs this action before heading out to look for homes, every listing agent does the same. At no charge!
There is integrity and trust in the system on many levels.

Please don't insult us by comparing common classifieds to the services we provide.