As a current or past customer or client of a real estate brokerage which provided online access to homes listed in the local multiple listing service (MLS), I found the ability to access all homes and receive email updates of new properties to be an invaluable, timesaving convenience.
I understand that brokers\' ability to continue providing consumers with online access to all local real estate listings is threatened by policy changes proposed by the National Association of REALTORS which would have
serious negative implications for consumers.
1. As a homebuyer, changes that would allow brokers to withhold some or all of their listings by \"opting out\" would undermine my ability to access all listings.
2. Changes that would permit selective sharing with some brokers, but not others, would potentially discriminate against my preferred broker and limit competition.
3. As a home seller, these attempts to restrict distribution of listings would undermine the ability to get the widest exposure and highest resale price for my home.
In summary, the proposed changes are clearly anti-consumer and anti-competitive. Consequently, I urge the National Association of REALTORS (NAR) to enable their members to act in the best interest of their customers and clients by preserving their ability to distribute and access the entire inventory of MLS listings online. I urge the NAR to reject the proposed changes at their annual convention in Washington, DC, May 15 to 17, 2003.
************
Please forward this petition to anyone you know who has recently bought or sold a home, is currently buying or selling a home, or hopes to do so in the future. The ability for consumers to distribute and access real estate listings online is at stake.
Sponsor
Co-sponsored by the Real Estate Consumer Alliance, or RECALL, an ad hoc coalition of real estate consumer advocates, including:
Leo Berard, Buyer Brokers of Cape Cod, Founding President of National Association of Exclusive Buyer Agents & Mass. Association of Buyer Agents
Stephen Brobeck, Executive Director, Consumer Federation of America
Bruce Hahn, Chairman, American Homeowners Grassroots Alliance
Tom Hathaway, Founder, The Buyers Agent, the nation\'s largest buyer franchise with locations in 37 cities across 20 states
Barry Miller, Buyers Only America Realty; Founder, Real Estate Buyers Agent Council (REBAC)
Nancy Seats, President Homeowners Against Deficient Dwellings, (HADD.com), a national organization with chapters in 21 states
Andrew Show, Buyer\'s Resource Realty Services, Columbus, Ohio, President-Elect, National Association of Exclusive Buyer Agents
Becky Swann, Founder, IRED.com, International Real Estate Digest
LaLa Wang, President of MLX.com, a Manhattan based consumer real estate service & BrokersNYC, a Multiple Listing Service for brokers
Additional cosponsors to be announced shortly. For more info contact:
Bill Wendel
http://www.realestatecafe.blogs.com/recall/
RECafe@mac.com
Links
Consumer Federation weighs in on online listings debate
Stephen Brobeck co-sponsors iPetition effort to influence VOW policy outcome
http://www.inman.com/inmannews.aspID=35262&CatType=R
Consumers May Weigh in on MLS Listings Access
http://www.ired.com/news/2003/mlsaccess.htm
Just say no to VOW policy
Editorial: Realtors board of directors should reject latest proposal
http://www.inman.com/inmannews.aspID=35227&CatType=R
(Subscribers only)
Liberate the listings
Consumer groups push NAR to expose MLS data
http://www.inman.com/inmannews.aspID=35207&CatType=R
(Subscribers only)
Realtors to Internet: Drop dead
David Coursey, AnchorDesk, ZDNet
http://www.zdnet.com/anchordesk/stories/story/0,10738,2881445,00.html
(Cut & paste URL above)
Cendant Will Pull Brand Listings If VOWs Remain Unregulated
http://realtytimes.com/rtnews/rtapages/20030305_vowregulation.htm
NEW Virtual Office Website (\"VOW\") Work Group Report (April 2003)
National Association of REALTORS
http://www.realtor.org/mempolweb.nsf/pages/vowreport2
REALTORS debate how much info to put on Net
http://www.usatoday.com/tech/news/realty2.htm
Comment