T
he New Mexico Multiple Listing Service (NMMLS) is making a bold move by requiring floor plans on all residential, rental, and multifamily listings. This pioneering decision aims to set a new standard for the industry, with hopes that other MLSs will follow suit. The shift comes as buyers increasingly demand this information, with 86% of Zillow's 2024 survey respondents saying they're more likely to view a home if it includes a floor plan.

    NMMLS executive director Megan E. McFarlane believes this initiative is a major step forward in delivering high-quality data and media to consumers. "Requiring floor plans on listings ensures that every buyer in New Mexico has access to the tools they need to make better decisions," she said. NMMLS President Crystal McCaslin, an active broker, agrees that floor plans are a game-changer for her clients, making it easier for buyers to visualize properties and understand if they're a good fit.

    The move is also expected to benefit agents by keeping them on the cutting edge of technology and delivering a superior listing experience. NMMLS hopes its lead will inspire other organizations to follow suit. In related news, North Texas Real Estate Information Systems (NTREIS) has welcomed the Waco Association of Realtors as its newest shareholder, expanding its coverage area and providing more exposure for listings. The partnership aims to integrate their systems early this year, offering Waco's 1,000 members access to advanced tools and NTREIS' wide reach and technical expertise.