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So far Victor Lund has created 1301 blog entries.

CMLS intensifies pressure on NAR to repeal recent IDX rules

Dear Pat and MLS Issues and Policy Members,   Please accept this letter on behalf of the Council of Multiple Listing Services (CMLS) regarding the recommendations included in the “Report and Recommendations of the IDX Data Use Work Group". The difficult task of reviewing the inclusion of social media in IDX isnt an enviable one; please know that we respect the commitment that each work group member gave to the effort.   The membership of CMLS is very diverse and includes Associations and MLS organizations from small to very large REALTOR® owned to regional to broker owned to private. Regardless [...]

By |2018-05-03T21:25:41-07:00May 4th, 2011|Broker-Agent Information, Main category, MLS Insights|Comments Off on CMLS intensifies pressure on NAR to repeal recent IDX rules

Why IDX at all? A response to 7DS Associates

I cannot speak for The Realty Alliance, Leading RE or any other brokerage. But I can summarize the sentiments of WAV Groups’ broker clients.  This will hopefully shed some light on the question of IDX usefulness, and the issues that are concerning brokers across America representing 200,000 REALTORS. Brokers are upset with recent changes to NAR’s model IDX rules and regulations. Brokers claim that the two recent modifications to IDX, and a third policy revision under consideration; NAR’s MLS Policy Committee failed to contemplate (or appreciate) who owns the data and who is legally responsible for it. The first policy change extended IDX [...]

By |2018-05-03T21:25:42-07:00April 30th, 2011|Broker-Agent Information, Main category|Comments Off on Why IDX at all? A response to 7DS Associates

Realtor.com iPad App released

Yesterday, under the cloak of embargo, Realtor.com released the iPad app to the media. Errol Samuleson, President of MOVE provided us with a walk through of some really great technology, calling it the Etch A Sketch of mobile real estate search. If you are familiar with the popular iPhone, Android, and Windows Mobile applications by Realtor.com, then you know that they have done an admirable job of providing a top of class mobile search product. Like its mobile brethren, the iPad is no different. All in all, it is a great start. Some features I liked are the ability to [...]

By |2018-05-03T21:25:42-07:00April 26th, 2011|Broker-Agent Information, Main category, MLS Insights|Comments Off on Realtor.com iPad App released

MOVE (listhub) renews syndication agreement with Zillow.com

ListHub operator Move, Inc., (NASDAQ: MOVE) and Zillow, Inc., today announced a long term content syndication agreement for the ListHub publishing network.  ListHub is the largest online syndicator of real estate listings to real estate web sites and provider of performance reports for brokers, franchises, and Multiple Listing Services. ListHub is Zillow’s largest listings syndication partner. This agreement confirms Zillow and Move’s commitment to the publishing and syndication of  accurate MLS real estate listings. As a result of the new agreement, ListHub will continue to send approximately two million listings to Zillow directly from 358 MLSs every day representing 40,000 brokers throughout the [...]

By |2018-05-03T21:25:43-07:00April 21st, 2011|Broker-Agent Information, Main category, MLS Insights|Comments Off on MOVE (listhub) renews syndication agreement with Zillow.com

MLS and Cloud Computing

There are some technology companies in real estate who love Cloud Computing. Many of the nations’ most significant websites use it to host their applications, include foursquare. But be aware, there are risks - Imagine the frustration of agent and brokers would express if they tried to login to the MLS or other business critical system, and got a similar message to this.  

By |2017-08-26T02:50:59-07:00April 21st, 2011|Broker-Agent Information, Main category, MLS Insights|Comments Off on MLS and Cloud Computing

Brokers and MLSs formulate concerns over new IDX recommendations

There is a work group that recommends changes to NAR’s MLS Policy Committee on changes to the policy. This work group recently submitted suggested changes that, if adopted, would enable RSS and other electronic means of syndicating listings to third parties. Brokers and MLSs alike are very concerned about the potential infringements on the copyrights of brokers and MLSs, and the potential for law suits from home sellers. Broker participants are legally liable for the listing content as outlined in the listing contract with the seller. The broker takes on the legal responsibility for the listing through the contact. Moreover, the convents [...]

By |2018-05-03T21:25:43-07:00April 18th, 2011|Broker-Agent Information, Main category, MLS Insights|Comments Off on Brokers and MLSs formulate concerns over new IDX recommendations

Zillow files registration for public offering

Press Releases Zillow® Files Registration Statement for Proposed Initial Public Offering SEATTLE, April 18, 2011 /PRNewswire/ – Zillow, Inc., which operates real estate site Zillow.com®, Zillow Mortgage Marketplace, and Zillow Mobile, today announced that it has filed a registration statement on Form S-1 with the Securities and Exchange Commission relating to a proposed initial public offering of its common stock.  The number of shares to be offered and the price range for the offering have not yet been determined. Citi will act as the sole book-running manager for the offering.  Allen & Company, Needham & Company, LLC, ThinkEquity LLC and First [...]

By |2018-05-03T21:25:43-07:00April 18th, 2011|Broker-Agent Information, Main category, MLS Insights, Press Releases|Comments Off on Zillow files registration for public offering

The Realty Alliance and Nation’s largest brokers want IDX Reform

In a press release today, The Realty Alliance joined the ranks of Leading RE and other brokers who are making an effort to overturn the recent actions by the NAR MLS Policy Committee to extend IDX privileges to franchise organizations. Chief rationale is that only the procuring broker may authorize and share their listing data with anyone who is not a member of the MLS. Press Release: Joe Horning, Chairman of the Board, The Realty Alliance LARGE BROKERS ASK FOR REPEAL OF FRANCHISE EXEMPTION FOR IDX The Board of Directors of The Realty Alliance sent a letter yesterday to the [...]

By |2018-05-03T21:25:44-07:00April 18th, 2011|Main category|Comments Off on The Realty Alliance and Nation’s largest brokers want IDX Reform

IDX Data Use Workgroup Submits Recommendations

I just received a copy of the Report of Recommendations of the IDX Use Work Group of the Multiple Listing Issuse and Policies Committee. I have had a blur of calls from The Realty Alliance, Leading RE, MLSs and Franchises alike today. There are many significant concerns. At the heart of the recommendations is the new rule that IDX listing content may be distributed by RSS or other electronic means (anyway you want) to any third party without any restrictions what so ever. Brokers and Agents still have restraints on the use and display of the data on their own [...]

By |2018-05-03T21:25:44-07:00April 15th, 2011|Broker-Agent Information, Main category, MLS Insights|Comments Off on IDX Data Use Workgroup Submits Recommendations

LPS going to bat for Franchise Organizations

In an op ed column released today, LPS suggests that NAR’s MLS Policy Committee made a poor choice in forbidding Franchises (like Century 21, Coldwell Banker, RE/MAX, Keller Williams, et al) from allowing them to display advertising around IDX listings. Here is the article   Why the NAR’s IDX Policy Kills Competition By Shiraz Vartanian With the publication of the NAR Handbook on Multiple Listing Policy in January of this year, the National Association of REALTORS policy has changed to now allow national franchisors to index IDX listings on their Websites. While this is a positive development - and one that [...]

By |2018-05-03T21:25:44-07:00April 13th, 2011|Main category|Comments Off on LPS going to bat for Franchise Organizations