"Cowen is stepping down as CEO of Stellar next year, but will remain as the CEO of Universal Consulting Opportunities (UCO) a subsidiary of Stellar. Through our subsidiary we can show that the value MLS brings is universal. Being part of this agreement means our subscribers will be among the first to benefit once the technical work is complete, and that's a responsibility we take very seriously, she says."
"With many real estate professionals and leaders in the U.S. pushing for private listing platforms and the degradation of the MLS system, Cowen said she finds the level of international interest in the MLS system very meaningful. The fact that international organizations want to align with MLS tells us something important: the principles at the heart of MLS trust, transparency, and cooperation are universally valued."
The GDX was announced and signed during the International MLS Forum hosted by RESO and CEPI in Toronto. The agreement arose from recognition that real estate has become more global and that professionals and consumers increasingly search across borders. Stellar will undergo a CEO transition while maintaining leadership of Universal Consulting Opportunities (UCO), a subsidiary positioned to demonstrate MLS value universally. Subscribers to participating systems will be early beneficiaries once technical work is complete. International interest underscores that MLS principles—trust, transparency, and cooperation—are widely valued, and standardized listing data offers liquidity and reliable market information compared with portal-first models.
Read at www.housingwire.com
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