Industry News

Consumer access in the cards for NAR’s real estate ‘Gateway’

Planned database could be owned by association, controlled by brokers

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A massive national property information database envisioned by a National Association of Realtors advisory group would be governed by brokers, owned by the Realtor trade group, and accessible to varying degrees by consumers, agents, brokers, appraisers and government agencies. This so-called Gateway system could include information on all types of properties, including for-sale-by-owner and agent-represented active for-sale listings, said Gary Thomas, a Southern California RE/MAX broker who leads the advisory group. Industry participants are demanding such a system to expand the property information at their disposal, whether it is within their community or in another state, he explained. Thomas, speaking this month during an annual National Association of Realtors conference in Las Vegas, said there are some obstacles ahead and many details to be worked out in the Gateway proposal. The association's current agreement with Move Inc., which operates popular real estate search and marke...