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NAR’s ‘Gateway’ project gets new name

Real estate database would not offer public access, report says

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The Gateway, a real estate information portal envisioned by a National Association of Realtors advisory group, has been re-branded -- at least temporarily -- as The Real Estate Channel. An interim report of NAR's Gateway Presidential Advisory Group, released in late March at the blog site of David R. Phillips, CEO for the 1,200-member Charlottesville Area Association of Realtors in Virginia, states that The Real Estate Channel, or TREC, "will enable the real estate community to continually expand the breadth, depth, immediacy and power of trusted real estate information available to Realtors." The interim report sheds more light on previously announced plans to study the feasibility of a national -- and eventually international -- property database with richly detailed information about all types of properties, including for-sale properties. A "Statement of Inevitability" at the top of the report states that "consumer-focused real estate Web sites a...