BrokerageIndustry News

IDX debate: Is it fair to block listings?

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

Editor's note: In this two-part series, Inman News looks at difficulties flat-fee brokers who offer limited services have faced in getting their listings published more widely on the Web. Part 1 highlighted one Wisconsin-based full-service broker's decision not to display limited-service or exclusive-agency listings, and the National Association of Realtors policy adopted by other multiple listing services that could lead other brokers to do the same. This final segment, Part 2, examines why the U.S. Federal Trade Commission and limited-service brokers have viewed "MLS approved" Web sites, including brokerages' Internet Data Exchange (IDX) sites, as an important source of information for consumers. When Shorewest Realtors, one of Wisconsin's largest real estate brokerages, stopped information for listings under contract with limited-service brokers from appearing on the company's public-facing Web site, the local multiple listing service stood behind the company's...