Industry News

NAR online listings policy: Two years in the making

Future-Proof: Navigate Threats, Seize Opportunities at ICNY 2018 | Jan 22-26 at the Marriott Marquis, Times Square, New York

The National Association of Realtors' policies for Internet listings are in the national spotlight as the trade group faces an antitrust lawsuit from the U.S. Justice Department filed Thursday.   The Realtors group on Thursday adopted a new policy to try to appease the Justice Department's concerns that it could restrict industry competition, especially among newer, online brokerage businesses.   To view Inman News' 104-page special report on the history of NAR's online listings policy, click here.   To understand how the latest policy and lawsuit came about, Inman News has compiled a timeline of significant events:   Jan. 1, 2002: NAR's so-called IDX, or Internet Data Exchange, policy went into effect. The rule authorized participating real estate brokers to advertise on their public Web sites the same MLS information on local properties accessible by consumers on the sites of national aggregators like   Shortly after IDX policie...