LeadingRE joins push to repeal franchisor IDX indexing

HomeServices of America also asks NAR to reverse course

Leading Real Estate Companies of the World, a referral network that claims 600 companies representing 150,000 sales associates as members, has added its voice to those calling for the National Association of Realtors to repeal a rule change that allows franchisors to index and display Internet Data Exchange (IDX) listings advertised on their affiliated brokers’ websites.

National real estate franchisors, including Century 21, began indexing IDX listings in January, hoping to boost website traffic by offering a more comprehensive set of listings data to consumers conducting home searches.

Last week, The Realty Alliance —