From Inman News: NAR board approves policy giving brokers back their MLS data
The policy, first proposed by the Council of MLSs (CMLS), gives MLS participants (defined as brokerage principals) the right to receive a data feed of their own listing information without restrictions on what they can do with that data. The mandatory policy applies to Realtor-affiliated MLSs nationwide. The vast majority of the 565 MLSs in the U.S. are owned and operated by Realtor associations.
“Most MLSs already allow brokers to access their own MLS content. The new national policy will close a loophole for MLSs that haven’t had a protocol in place for providing that data to their participants, and will unlock efficiencies for brokers, ensuring they don’t have to manually enter the data multiple times into their various systems and reports,” NAR said in an announcement.
Nice win for CMLS and brokers. I’m sure this will be discussed at CMLS virtual “Brings It To The Table” event this Thursday (5/21) starting at 9:00AM PT. I’ll be participating on a panel discussing the future of MLS/Real Estate data.
If you haven’t already registered you can find out more information below:
Click this link to register=> CMLS Brings It To The Table
