The increase of Internet listings with video and multiple photos is quickly making open houses more of a preference, rather than a necessity, for selling a home.
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The increase of Internet listings with video and multiple photos is quickly making open houses more of a preference, rather than a necessity, for selling a home.
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The number one topic being discussed by real estate industry leaders, gurus and MLSs is the distribution of listing data across the Internet. There are four questions that Realtors® should ask BEFORE they distribute their data. If they already spread their data across the Internet, it is not too late to ask these questions.
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You might recall that NAR’s Board of Directors approved a new franchise IDX policy which allowed national real estate franchises (such as Century 21 or RE/MAX) to index local IDX data from the websites of their franchisees and to use that data on the companys’ websites last year at the annual meetings in November.
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Despite facing the unthinkable challenge of having no online MLS, the 85-member Greater Meadville Board of REALTORS® managed to conduct business as usual last month when its MLS provider went out of business with little warning.
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Who is legally responsible when a buyer relies (to his detriment) on a flawed MLS Sheet? The answer depends on the agreement of sale and any modifications made to that agreement. It also depends on the specific facts of the transaction in question.
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NAR’s MLS Issues and Policies Committee changed its rules to allow MLSs to require photos or other graphic representations although sellers may still “opt out.” The NAR committee also decided that MLSs can require REALTORS® to submit seller disclosure information.
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REALTORS® Property Resource (RPR) is expected to be a tremendous time- and cost-saving benefit for members, according to Jeff Young, RPR’s senior vice-president of operations.
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At the NAR Mid-Year meetings, a proposal was made that would allow MLSs to stick to the traditional rule of a uniform offer of cooperating compensation and not allow listing brokers make the compensation contingent upon their eventual listing fee. An MLS that wishes to allow brokers to include this provision may still do...
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Is search engine indexing the same as scraping? What does the blogosphere think? How about NAR? Read about recent action (and inaction) from the NAR Midyear meetings.
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Wednesday, Feb. 8, 2012
