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Redfin vows to fix agent performance stats

Arizona MLS CEO: Brokers may call for rule change

Editor's note: This story has been updated to note that Redfin has suspended its agent Scouting Reports in the Washington D.C. marketpending a review by the regional MLS, MRIS.Realtor associations and Realtor-affiliated multiple listing services may have the legal right to change their rules in order to prevent technology-based brokerage Redfin and other Virtual Office Website (VOW) operators from publishing agent performance data culled from MLS sold data.But any prohibitions on providing agent performance data to clients would have to apply to traditional, brick-and-mortar brokerages too, said the CEOs for Redfin and Arizona's largest MLS. Redfin says the agent "Scouting Reports" it began making available to registered users in 14 markets Thursday are intended to help consumers choose an agent.The reports analyze sold data from MLSs in an attempt to show how many homes an agent has sold during the past three years, the average number of price drops for each listing sold, an...

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