Tell us about mobile technology in your business for a chance to win an iPhone 6s. Take our survey! Update 10:40 a.m. PT 11/16/15: The NAR board overwhelmingly passed the revisions to its MLS policy on Monday. There was no discussion. SAN DIEGO -- MLSs may soon be required to provide pending listing information in agent and broker listing feeds, giving brokers the choice whether to display the information on their websites for consumers. The Multiple Listing Issues and Policies Committee of the National Association of Realtors (NAR) on Saturday approved an amendment to MLS Policy Statement 7.58, Internet data exchange (IDX) Policy, that would require MLSs to provide "non-confidential pending sale listing data" in IDX feeds. Bill Lublin "It's the same information that would show up in a consumer printout" from the MLS, said Bill Lublin, chairman of the NAR MLS Technology and Emerging Issues Advisory Board and member of the Multiple Listing Issues and Policies Comm...
- NAR's Multiple Listing Issues and Policies Committee approved three policy proposals on Saturday. The first would require MLSs to provide "non-confidential pending sale listing data" in IDX feeds, giving brokers the option of whether to display the data to consumers.
- The second proposal would add language to NAR's model MLS rules allowing MLSs to impose sanctions on non-Realtor members that fail to deposit arbitration awards with the association.
- The third proposal would add information to NAR's MLS policy handbook stressing the importance of complying with the safe harbor provisions of the Digital Millennium Copyright Act (DMCA) to protect Realtors and MLSs from copyright infringement liability.