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| November 2000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Internet data display policy is next step in evolution of MLS |
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In May, the
NAR board of directors approved a statement of multiple listing policy that
addresses several aspects of MLS participants posting MLS listing information
on their Web sites. The policy statement says that associations of REALTORS®
and their multiple listing services are encouraged to immediately, and must
by Jan. 1, 2002, enable MLS participants to display on participants public
Web sites aggregated MLS active listing information. Participants can do this
either by downloading the data and placing it on their public-access Web sites
or by framing the information on the MLS or association public-access Web sites.
Listing brokers consent for displaying their MLS listings is presumed unless a listing broker notifies the MLS with a refusal to permit display. This refusal can be on a blanket or listing-by-listing basis. If the refusal is made on a blanket basis, then the participant may not display listings of other participants. MLSs can prohibit display of information intended exclusively for other real estate professionals and not for consumers. Participants cannot be required to consent to display of their listings on other participants Web sites as a condition of participation in the MLS. Several matters concerning the policy are left to the local MLSs discretion. Check your local MLS rules for specific requirements. Most MLSs in Texas have already adopted rules related to the MLS aggregate data on participants Web sites. More information about NARs policy is available at www.onerealtorplace.com by searching on the words Internet Data Display. Look under the Announcements heading for the bullet with the heading Virtual KitInternet Data Display.
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Buyers & sellers,
visit www.texasrealestate.com. |
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