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Universal Consulting Opportunities (UCO), a subsidiary of Stellar MLS, Takes Center Stage at International MLS Forum in Milan

October 22, 2024

ALTAMONTE SPRINGS, Fla. (Oct. 22, 2024) – UCO, a subsidiary of Stellar MLS, a leading multiple listing service in the U.S. and the fastest-growing in the world, joined leaders from around the world this month in Italy for the second annual International MLS Forum. Having doubled in attendance due to a global movement toward increasing trust and transparency in real estate transactions, the event provided a unique platform for industry leaders across the globe. Organized by the Real Estate Standards Organization (RESO) and the European Association of Real Estate Professions (CEPI), and heavily supported by UCO as its only title partner, the forum brought together professionals, thought leaders, and innovators Oct. 7-8 at the Spazio Antologico event facility in Milan.


The agenda included two full days of critically relevant content from real estate experts worldwide. The forum focused on a range of topics, from MLS culture and brokers’ views to the role of MLSs as service stores, distinctions between MLSs and portals, differentiations in business models worldwide, government regulations and licensing, and emerging technologies. The UCO team played a vital role in the event’s success and the value to attendees by participating in and moderating panels as well as hosting one of the two conference days with a full agenda of sessions fostering innovation, transparency and efficiency in the industry.


Dr. Mathew Kallumadil, UCO Vice President of Global Markets and Stellar MLS Vice President of Technology and Innovation, led a panel of MLS pioneers in a discussion focusing on stakeholders and decision-makers in emerging markets, which offered insights for those at the verge of launching the MLS concept globally.


“We’re excited to have stood alongside global leaders in advocating a forward-thinking approach to transforming the real estate industry,” said Merri Jo Cowen, CEO UCO and Stellar MLS. “As a title partner of this year’s International MLS Forum, it was our honor to support worldwide collaboration to explore and enhance the MLS concept, promoting trust and transparency in the process.”


At the conclusion of the International MLS Forum, Stellar MLS, the parent company of UCO, was awarded the Leadership in Member Care award. According to the Forum’s Advisory Board, the award “recognizes an organization who has demonstrated exceptional leadership and dedication, particularly during challenging times. By providing live, up-to-date information and educating members, the members remain informed and resilient. With the highest satisfaction rate based on member feedback, this organization excelled in maintaining strong communication and transparency. Additionally, prompt and efficient response to members' queries showcased an unwavering commitment to supporting the community and addressing their needs swiftly and effectively.”


"We are honored to have been recognized and selected for this award. Leadership guides member care at Stellar MLS, and client care at UCO is at the foundation of who we are and what we do,” said Marion Weiler, Vice President of Global Markets at UCO and Vice President of Marketing and Communications at Stellar MLS. “I’m excited to see how the discussions in Milan will take shape and how UCO can support the needs of our global community to fuel progress in markets around the world, meeting them wherever they are in their MLS journey."


In addition to the International MLS Forum in Milan, Stellar MLS and UCO have actively participated in other global events and initiatives and will continue to support a forward-thinking approach to transforming the real estate industry on a global scale. UCO has recently entered into several agreements to share best practices for growing the MLS concept providing trust and transparency, including: as exclusive MLS strategic advisor to MLS Leader in the Romanian real estate market; advising Arab MLS to enhance real estate practices across the Arab region and beyond; and exploring synergies with Igluu, a Prague-based digital technology firm, to expand the MLS concept, empower real estate professionals, and enhance value for consumers in Europe and throughout the world.


For information about Stellar/UCO visit stellarmls.com/global.


PHOTOS


Credit: https://mlsforum.org/

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By Jillian Lugo January 31, 2025
Every great organization is defined by the caliber of its leadership, and Stellar MLS is no exception. Today, we’re thrilled to share exciting news that highlights the excellence, innovation, and dedication of our leaders who continue to raise the bar in the real estate industry. Merri Jo Cowen: A Visionary Leader on the SP200 List Stellar MLS CEO Merri Jo Cowen has been named to the prestigious Swanepoel Power 200 (SP200) list, which recognizes the most influential leaders in real estate. This honor is a testament to Merri Jo’s steadfast commitment to clarity, stability, and innovation in an industry defined by constant change. Her leadership ensures that Stellar MLS remains not just a service provider but a true partner to our customers. From guiding Stellar MLS through transformative periods to championing the needs of real estate professionals across our expansive footprint, Merri Jo exemplifies what it means to lead with purpose, with poise and with overwhelming positivity. Her recognition on the SP200 list among many other industry recognitions solidifies her role as a trailblazer who continually redefines what’s possible in organized real estate. Stellar’s Leadership Shines Bright Merri Jo’s recognition is part of a broader narrative of excellence at Stellar MLS. Our leadership team’s recent accolades showcase the collective impact of their vision, dedication and commitment: RISMedia Hall of Fame: Stellar MLS’s culture of service and commitment to the real estate community has earned well-deserved recognition. Stellar MLS CEO Merri Jo Cowen has been inducted into the prestigious RISMedia Newsmakers Real Estate Hall of Fame, cementing her as an industry leader and beacon of innovation year after year. This award is a testament to her enduring contributions to Stellar MLS customers and the industry at large. Additionally, both Merri Jo Cowen as well as Shayne Fairley, Stellar MLS COO, have been honored as RISMedia 2025 Real Estate Newsmakers. This accolade not only highlights visionary leadership but also reflects Stellar MLS’s growing influence in shaping the real estate industry both domestically and, more recently, on the global stage. Through its innovative tools, forward-thinking initiatives, and active collaboration with industry leaders worldwide, Stellar MLS continues to set new benchmarks for clarity, efficiency, and service, empowering real estate professionals and redefining the MLS landscape. Inman Power Player and MLS Reinvented Award: Merri Jo Cowen stands at the forefront of real estate innovation, her influence resonating across the industry. Named a 2025 Inman Power Player, she joins an elite group of leaders whose visions are shaping the future of real estate. But her impact doesn’t stop there. Honored with the Inman MLS Reinvented Award, Merri Jo has redefined the boundaries of what MLS systems can achieve, crafting solutions that empower the real estate community and set a new standard for excellence. Her work is not just transformative—it’s a blueprint for progress. HousingWire Tech Trendsetter: Shayne Fairley, Stellar MLS’s Chief Operating Officer, was recently named a 2024 HousingWire Tech Trendsetter . Shayne’s innovative approach to technology underscores Stellar’s promise to deliver superior tools and data that empower real estate professionals. His leadership ensures that our customers always have access to cutting-edge solutions that simplify their work and drive success. Leadership in Membership Care Award: Stellar MLS was honored at the International MLS Forum in Milan for its outstanding commitment to member support alongside its subsidiary, Universal Consulting Opportunities (UCO). With a combined 100 years of experience, UCO’s leadership team, which includes Marion Weiler, VP of Marketing, Communications and Global Markets, and Dr. Mathew Kallumadil, VP of Technology, Innovation and Global Markets, has demonstrated its dedication to empowering real estate professionals on a global scale. This prestigious recognition underscores Stellar's influence and continues to drive innovation, setting new benchmarks in the industry. A Reflection of Stellar Values These achievements are more than individual accolades; they reflect some of the core values that define Stellar MLS: We are Leaders: We thrive on innovation and actively embrace leadership by defining, participating in, and chairing industry initiatives that support brokers both now and in the future. We deliver Stellar service: Our customers are at the heart of everything we do. Their confidence, trust, and partnership inspire us to continually provide exceptional service and unwavering support. At Stellar MLS, we believe that great leadership creates the conditions for everyone to succeed—from our 84,000 subscribers to the communities they serve. The Stellar MLS leadership team embody this belief, proving that by investing in innovation, integrity, and service, we can elevate the entire real estate ecosystem. Looking Ahead As we celebrate these achievements, we remain focused on our mission: to create a housing market where clarity, stability, and fair access are foundational principles. Stellar MLS’s leadership honors not just our past successes but also our ongoing commitment to empowering the real estate professionals who depend on us every day. Congratulations to Merri Jo Cowen, Shayne Fairley, and the entire Stellar MLS leadership team for these well-deserved honors. Your unwavering commitment motivates us to reach greater heights and accomplish extraordinary things. Sources: Merri Jo Cowen RisMedia 2024 Real Estate Newsmaker Merri Jo Cowen SP200 List Merri Jo Cowen SP200 List 2025 Rank 47 Housingwire Shayne Fairley Tech Trendsetters 2024 Stellar MLS: IMLS Award
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TIP: Set reminders in your CRM to follow up with past clients on key anniversaries or milestones—it’s a simple way to nurture long-term relationships. Why Choosing Stellar MLS Empowers Your Real Estate Business Stellar MLS is much more than a technology provider—we’re your partner in success. Our commitment to delivering accurate data, exceptional service, and innovative solutions ensures you’re equipped to navigate the complexities of the real estate market. How Stellar MLS Supports Your Growth, Including: • Unmatched Data Integrity: Confidently guide your customers with reliable, accurate market information. • Comprehensive Tools: Access an unparalleled array of resources, from prospecting tools to post-close solutions. • Exceptional Support: Our bilingual support team is here to assist you six days a week, ensuring you get the most from your subscription. Closing the Year Strong Before turning the page to 2025, reflect on your 2024 wins and challenges, and use these lessons to fuel your new strategies. Celebrate your achievements and embrace the lessons learned. Use these insights to set ambitious yet attainable goals that align with your vision. With the tools, support, and expertise offered by Stellar MLS, you’re not just prepared to navigate an ever-changing market—you’re positioned to thrive in it. Together, let’s make 2025 a year of new heights and bold successes. Sources: • Housing Market Predictions for the Next 5 Years – U.S. News • Emerging Trends in Real Estate – PwC • Housing Market in 2025 – Bankrate • Winning the Mental Game – HousingWire • How to Succeed as a Real Estate Agent – Luxury Presence • 10 Real Estate Technology Trends to Know About in 2024 • Stellar MLS Q3 Stats Report
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As the MLS concept gains momentum globally, promoting trust and transparency, it is crucial to recognize that while best practices from North America can be leveraged, a customized approach is essential for addressing the unique market conditions of individual regions around the world. In North America, especially within the United States and Canada, MLS systems are highly standardized, providing a comprehensive and consistent platform for real estate listings. The MLS promotes transparency and efficiency – with clear rules and regulations. This model fosters collaboration among brokers and agents, creating an environment that benefits both buyers and sellers. The MLS's delivery of high-quality and accurate data stands out as the premier source for property information. Combined with (RESO) data standards, the MLS has become a powerful engine for technology solutions, fostering an ecosystem of apps that support brokers, agents, and their clients. This synergy further enhances the MLS's overall effectiveness. The North American MLS model, however, should not be assumed to work the same way in other markets. This model was established in times when portals and CRMs did not exist, which are now attempting to perform some functions of the MLS concept. Today, many non-North American markets have developed a variety of real estate practices, and the lack of legislation and regulation exacerbates the situation. Therefore, the globalization of the MLS is unique and must be tailored to the specific market it is being introduced to. Some of the early pioneers of MLS in other countries have begun their journey through various channels, including the government, financial technology or property technology, banks, or by adopting the North American model to their region. One such pioneer of the MLS in Europe is Sorin Udrea, General Manager of MLS Leader. Udrea embarked on his mission to bring the North American MLS vision to Romania. Despite the logical appeal of the model, he faced resistance from Romanian realtors who were unaccustomed to the concept of exclusive representation and data sharing. Through persistent efforts and innovative approaches, such as incorporating For-Sale-By-Owner (FSBO) data, Udrea demonstrated the value of MLS and gradually won over the market. Through this story and many others, we reflect on how each country, or region for that matter will have unique needs and challenges to address, influencing how the MLS system should be structured and operated. Learn more about the Pioneers of MLS here. We understand that the adoption of MLS worldwide is not a one-size-fits-all approach. However, the goal remains the same. Today’s generations expect transparency in all interactions, like knowing how their data is used in mobile applications. The largest purchase in most people’s lives, buying a home, should demand mandatory transparency from all stakeholders. Unfortunately, the actions of a few individuals can sow distrust towards the entire profession, so a strong brand that stands for professionalism and ethical interactions is fundamental to its success. This mu st be addressed through higher standards, professional development, and ethical commitment, with trustworthy information being a cornerstone of the MLS concept. Organizations like CEPI (European Association of Real Estate Professions) who have made MLS a priority have established the MMCEPI (Member of a Member of CEPI) registrar. Having the European Quality label signifies that a member meets the highest standards of professionalism, ethics, and qualifications. This certification is a giant leap to Europe toward facilitating ethical, trustworthy, cross-border transactions and guarantee them enhanced legal security. While recognizing this step and its impact for CEPI’s members in Europe, we watch closely as continuous curiosity builds, and movement begins throughout other areas of the globe. Learn more about MMCEPI here. Understanding the diverse approaches to the MLS system around the world is key to helping to meet the global needs of the real estate industry. Universal Consulting Opportunities (UCO) is addressing these challenges head-on by supporting those regions to establish an MLS, wherever they are in their journey. Our current strategic global consulting opportunities include NAR-India, MLS Leader (Romania) and Arab MLS (Middle East) to optimize real estate practices across their geographical regions, and with Igluu, a Prague-based digital technology firm, to expand the MLS concept in their respective markets. Furthermore, we have been actively engaged in global forums to support a forward-thinking approach to transforming the industry and our presence is supported through our partnerships with CEPI, (European Association of Real Estate Professions), and FIABCI, (International Real Estate Federation).
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