Friday, December 1, 2006

Notes on NAR's Amended ILD Policy

It appears to me that the revised ILD Policy would permit a broker that opts out (blanket opt out) of sharing its clients' listings with VOW operators to still submit such listings to realtor.com This does not seem to have anything to do with MLS practices/rules relating to uploading listings to realtor.com or otherwise.

I believe that part of the DOJ's beef with the revised ILD Policy is that it allows a broker to direct that its client’s listings not be displayed on any competitor's internet site. NAR initially directed members boards to implement the new policy by 7/1/06, but later said, essentially, wait until the litigation concludes.


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