Few revelations in this industry are ever actually realized or even discovered yet alone really happen.
This one did. It took six months to soak in - but it has happened.
The permitted use of nationwide IDX listing data by the NAR in search by franchisors may just be one of those realizations that provides the catalyst for true and disruptive change.
Who ever thought Yahoo could be taken over by Google? Or maybe now even Google trumped by Facebook?
In the case of the NAR, when you get so big that you think you're infallible and you stop being paranoid, stuff just tends to happen.
Today a "request" - tomorrow a "demand"? I think so.
Read on courtesy of this excerpt from Inman News reported late yesterday afternoon.
NAR asked to repeal franchisor IDX indexing policy
The Realty Alliance warns of potential liability, lawsuits
By Matt Carter
The Realty Alliance warns of potential liability, lawsuits
By Matt Carter
The Realty Alliance, a network of 60 real estate companies whose members include HomeServices of America Inc., is urging the National Association of Realtors to repeal a policy that allows national franchisors to index property listings displayed on their affiliated brokers' websites.
NAR's board of directors approved the new policy -- which greatly expands the pool of listings national franchisors are able to display on their consumer-facing websites -- at the group's annual meeting in November.
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