{"id":647,"date":"2006-11-17T07:22:23","date_gmt":"2006-11-17T14:22:23","guid":{"rendered":"http:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/?p=647"},"modified":"2006-11-17T07:22:29","modified_gmt":"2006-11-17T14:22:30","slug":"new-nar-policy-allows-objective-exclusion-of-certain-listings-from-members-presentations-of-idx-feeds","status":"publish","type":"post","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/647\/new-nar-policy-allows-objective-exclusion-of-certain-listings-from-members-presentations-of-idx-feeds\/","title":{"rendered":"New NAR policy allows “objective” exclusion of certain listings from members’ presentations of IDX feeds . . ."},"content":{"rendered":"

This<\/i> is the news from NARdiGras — from RealEstateJournal.com<\/a>:<\/p>\n

A revised policy approved by the National Association of Realtors this week may make it harder for discount brokers to draw attention to homes they list for sale.<\/p>\n

The policy, approved by directors of the trade group at a convention in New Orleans, involves information about homes that real-estate brokers get from their local multiple-listing services, databases that are typically operated by local Realtor associations. Among other things, the policy reaffirms that brokerage firms that put listings from the MLS on their own Web sites can exclude certain homes.<\/p>\n

The revised policy states that brokers must use “objective criteria” if they screen out some listings. The criteria could include location, type of property, compensation offered for agents who find a buyer, or the level of service provided by the listing company. Thus, listings from brokers providing limited service for lower fees could be excluded from other brokers’ sites.<\/p>\n

By contrast, the policy now states that multiple-listing services must make all types of listings available to the Web sites of participating brokers. It would be up to brokers — not the MLS — to decide which listings are used on individual brokers’ sites.<\/p><\/blockquote>\n

A broker quoted in the article makes a compelling case for this position: “We spend a lot of money advertising our Web site to the public, and we have a right to put what we want on our site.”<\/p>\n

Indeed. And as a counter-marketing strategy, a brokerage could proudly announce that its web site sports the full<\/i> MLS.<\/p>\n

But: There’s more. The other night Cathy, Russell Shaw and I were talking about the contrary case: What if I want to exclude one of my listings from<\/i> the MLS feed? That sounds counter-intuitive, but for certain very-high-priced homes, it makes sense. As the listing broker, I might want to advertise and cooperate, but I would not want to invite a deluge of traffic from unqualified buyers.<\/p>\n

Moreover, I think this new policy has about as much chance of succeeding with the Feds as the last one. The individual liberty of real estate brokers seems not to matter much in Read more<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

This is the news from NARdiGras — from RealEstateJournal.com: A revised policy approved by the National Association of Realtors this week may make it harder for discount brokers to draw attention to homes they list for sale. The policy, approved by directors of the trade group at a convention in New Orleans, involves information about […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_crdt_document":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[6,5],"tags":[],"class_list":{"0":"post-647","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"hentry","6":"category-marketing","7":"category-real-estate","9":"no-featured-image"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":2392,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/2392\/a-bolt-from-the-blue-for-the-ftc\/","url_meta":{"origin":647,"position":0},"title":"A Bolt From the Blue for the FTC","author":"Russell Shaw","date":"December 18, 2007","format":false,"excerpt":"I have to agree with the FTC 's initial action but for all the wrong reasons. And I don't agree with them now pursuing the case further. A few days ago a Judge dismissed the complaint filed by the FTC against a Detroit area Multiple Listing Service. The position of\u2026","rel":"","context":"In "Disintermediation"","block_context":{"text":"Disintermediation","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/disintermediation\/"},"img":{"alt_text":"bold from the blue","src":"https:\/\/i0.wp.com\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-content\/uploads\/2007\/12\/bold%20from%20the%20blue.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":3181,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/3181\/nardoj-settlement-a-tale-told-by-an-idiot-full-of-sound-and-fury-signifying-nothing\/","url_meta":{"origin":647,"position":1},"title":"NAR\/DOJ settlement: “A tale told by an idiot, full of sound and fury, signifying nothing…”","author":"Greg Swann","date":"May 27, 2008","format":false,"excerpt":"After years of song and dance, the DOJ reached a settlement with the NAR that seems to have achieved absolutely nothing -- except the waste of a bunch of tax and dues money. At least that's what you would think if you read nothing but the NAR's spin. In fact,\u2026","rel":"","context":"In "Disintermediation"","block_context":{"text":"Disintermediation","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/disintermediation\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":2889,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/2889\/nar-news-from-the-legal-front\/","url_meta":{"origin":647,"position":2},"title":"NAR News From the Legal Front","author":"Dave Phillips","date":"April 3, 2008","format":false,"excerpt":"Over the years, NAR has had its fair share of legal battles.\u00a0 Currently, there are a few big and interesting cases involving NAR that could have dramatic impact on the real estate industry.\u00a0 Here\u2019s an update on three cases that are in the works.\u00a0 US vs NAR This is the\u2026","rel":"","context":"In "Dirty Laundry"","block_context":{"text":"Dirty Laundry","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/dirty-laundry\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":8486,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/8486\/nar-board-sends-idx-policy-back-to-committee\/","url_meta":{"origin":647,"position":3},"title":"NAR Board Sends IDX Policy Back to Committee","author":"John Rowles","date":"May 17, 2009","format":false,"excerpt":"http:\/\/speakingofrealestate.blogs.realtor.org\/2009\/05\/16\/nars-idx-rule-changes-need-more-study\/ For a few hours there, it looked like the NAR BOD was actually going to do the right thing. Then, the guy from Indianapolis stands up and says, in effect, \"Instead of doing the right thing, lets send this back to the rules committee so NAR members can enjoy\u2026","rel":"","context":"In "Real Estate"","block_context":{"text":"Real Estate","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/real-estate\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":2801,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/2801\/zillowcom-makes-its-first-mls-wide-feed-agreement-and-in-the-process-disintermediates-its-first-idx-cartel\/","url_meta":{"origin":647,"position":4},"title":"Zillow.com makes its first MLS-wide feed agreement and, in the process, disintermediates its first IDX cartel","author":"Greg Swann","date":"March 19, 2008","format":false,"excerpt":"Here's the PR, which the vendor cheerleaders will have reported:*Leading real estate Web site Zillow.com and MLS Property Information Network today announced a partnership to feed listings from the New England area MLS to Zillow.com on a daily basis. This partnership initiates the first participation at the MLS level in\u2026","rel":"","context":"In "Disintermediation"","block_context":{"text":"Disintermediation","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/disintermediation\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":2483,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/2483\/zillowcom-cultivates-its-garden-with-ten-million-new-database-records-improved-home-valuation-algorithms-and-the-adoption-with-truliacom-and-other-realtybots-of-the-rets-listings-standard\/","url_meta":{"origin":647,"position":5},"title":"Zillow.com cultivates its garden with ten million new database records, improved home valuation algorithms and the adoption, with Trulia.com and other Realty.bots, of a RETS-compatible listings standard","author":"Greg Swann","date":"January 9, 2008","format":false,"excerpt":"First the news on horseback. We'll come back and gloss it again, but you're likely to learn more by listening to the podcast linked below with Zillow.com's David Gibbons. The news, from Zillow's press release:Real estate Web site Zillow.com today announced a major expansion and upgrade to its database of\u2026","rel":"","context":"In "Disintermediation"","block_context":{"text":"Disintermediation","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/disintermediation\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/647","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/comments?post=647"}],"version-history":[{"count":0,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/647\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/media?parent=647"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/categories?post=647"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/tags?post=647"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}