The MLS Is a Data Source, Not an Operating System
September 1, 2026 · PDF

The MLS is essential infrastructure for listing cooperation, but it is not the operating environment of a brokerage. This paper argues for a practical separation: the MLS remains the trusted marketplace and listing data source, while brokerages run people, clients, properties, and transactions in a persistent operating environment. Stone ARX is designed around that separation, consuming MLS data through standards and preserving source provenance.
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