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Inman Connect
After some debate, a committee of the National Association of Realtors has approved a controversial proposal to require listings to include a property address upon submission to a multiple listing service.
The committee, meeting at NAR’s midyear Realtors Legislative Meetings, also approved a policy requiring sold listings (without a sales price) to be included in data feeds in non-disclosure states and guidance on MLS best practices. The proposed policies will now move to the NAR board of directors, which will meet on Friday, May 14.
The 1.4-million-member trade group’s Multiple Listing Issues and Policies Committee previously shelved the address proposal at NAR’s annual conference in November following a spirited debate for and against the mandate. After re-consideration by the committee’s MLS Technology and Emerging Issues Advisory Board, the proposal was once again brought forward with added language about including a parcel number or a legal description
Inman Connect
At its midyear conference starting next week, the National Association of Realtors will consider a controversial proposal to require listings submitted to Realtor-affiliated multiple listing services to include a property address that would be visible to other subscribers.
NAR will also consider a policy requiring sold listings in data feeds in non-disclosure states and guidance on MLS best practices.
The 1.4-million-member trade group’s Multiple Listing Issues and Policies Committee previously shelved the address proposal at NAR’s annual conference in November after a spirited debate for and against the mandate. Now, after consideration by committee’s MLS Technology and Emerging Issues Advisory Board, the proposal is back.
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In this month’s National Association of REALTORS® Power Broker Roundtable, industry leaders discuss how new business models are shifting the real estate landscape.
Moderator:
Cindy Ariosa, Senior Vice President, Regional Manager, Long & Foster Real Estate, Chantilly, Virginia; Liaison for Large Firms and Industry Relations, National Association of REALTORS®
Panelists:
Rei Mesa, President/CEO, Berkshire Hathaway HomeServices Florida Realty, Sunrise, Florida
Shad Bogany, Broker, Better Homes and Garden Real Estate Gary Greene, Houston, Texas
Greg Zadel, Founder/Managing Broker, Zadel Realty, Firestone, Colorado
Cindy Ariosa: Real estate is an industry that lends itself to change. We have only to look at the year just past, and the adjustments we’ve made to safely manage business in the midst of a global pandemic, to see the truth of that. At the same time, we have a long history of orderly, ethical behavior a Code of Ethics set down by the National As