The National Association of Realtors’ (NAR's) MLS Issues and Policy Committee, with the support of the Leading Real Estate Companies of the World, The Realty Alliance and many individual brokers and technology companies, has successfully revisited IDX (internet data exchange) policy over the past couple of years to allow brokers to leverage IDX data in new and exciting ways. The IDX policies now include a requirement for MLSs to provide the option for a broker to offer sold and pending listings in an IDX feed if the broker would like to, among other things. Some brokers are really excited about the option to enrich the data they offer to consumers to make their websites more engaging and more competitive with third-party sites. These changes make IDX a more flexible and comprehensive method to attract homebuyers and sellers. Here’s the problem, though. I wrote an article a few months ago outlining the fact that even though all MLSs are required to provide sold and ...
- IDX policies include a requirement for MLSs to allow brokers to offer sold and pending listings in IDX feeds.
- Several MLSs have refused to comply with the policy, however.
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