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ARELLO CONFERENCE 2013 SEATTLE, WASHINGTON Issues Impacting MLSs

ARELLO CONFERENCE 2013 SEATTLE, WASHINGTON Issues Impacting MLSs

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ARELLO CONFERENCE 2013

SEATTLE, WASHINGTON

Issues Impacting MLSs

Tom HurdelbrinkPresident & CEO

MLSs and Licensing Officials

Commonalities• Members = Licensees• Rules/Policies = Laws/Regulations• Business Enablers• Benefits for Consumers• Consumer Protection

Recent Environmental Impacts• Economy• Behavioral Adjustments• Tech & Media Acceleration• Respond After-the-Fact

MLSs and Licensing Officials

Current/Shared Issues

Pocket Listings or Off-MLS listings/sales

• MLS Rule Violations

• License Law Violation (duties to Seller)

Current/Shared Issues

• Internet/social media advertising

• Syndication of data to third-party sites

− Concerns with data accuracy

− Proper disclosure (e.g. real estate firm and licensee name)

− Who governs third-party sites?

Resources

• COVE MLSs

• CMLS

• NAR MLS Policy & Issues Committee