MLX stands for an open real estate marketplace for NYC

MLX stands for an open real estate marketplace for NYC

MLX stands for an Open Real Estate Marketplace

Thanks for stopping by to learn more about an issue that affects consumers engaged in searching for and securing the rental or purchase of real estate in New York City. It is an issue that could potentially lead to increased fees and reduced choice as to how to shop for real property.

The New York Real Estate market is one of the few in the country which does not have a Multiple Listing Service which ensures equal and efficient distribution of residential rental and sales information. The result is less efficiency and higher end costs to NYC consumers.

One issue involves New York's Department of State using the antiquated 1975 Apartment Information Vendor law to prevent online companies such as MLX from providing more cost efficient and innovative services to consumers. Now is the time to help us take a stand against forces which seek to protect the status quo and limit competition at consumers' expense. If you are a buyer or renter, STAND UP FOR YOUR RIGHT TO CHOOSE on how to conduct your New York apartment search: with or without a broker, with or without a broker's commission. If you are a seller or landlord, SEND A MESSAGE to state officials that as a voter you are interested in and have a right to deal with buyers and renters directly - or to deal with a fee for service, discount or full service, full price broker. IF YOU ARE A BROKER, cast your vote for a cooperative exchange of listings amongst all brokers for your benefit and for your clients, the end consumers." PLEASE REGISTER YOUR SUPPORT for an open and honest New York Real Estate market where the consumer chooses. By helping to persuade the Department of State, Division of Licensing to stop stifling internet based real estate search services.

Many thanks and please feel free to contact me at proconsumer@mlx.com or 212.328.0444 x220 with questions or comments.

Regards,

LaLa Wang

President MLX