Do MLSs Need a Property Class for Burial Plots?
Death is big business at $20 billion annually. In some states cemetery plots are real property and require passing the general real estate exam for licensing. Very few MLSs have a property class for burial plots and there is no data dictionary entry. Lawsuits over plot ownership are increasing (1,2,3,4,5), mainly due to double-selling of the same plot. Are MLSs and their tax record companies missing an opportunity to serve the public?
This story originally ran in the Waffle MLS Newsletter. Interested in Markt? Contact us.
