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Addressing Current Issues Impacting MLSs at the ARELLO Conference 2013 in Seattle

This presentation by Tom Hurdelbrink, President & CEO, focuses on the challenges and commonalities faced by Multiple Listing Services (MLSs) and licensing officials. Key topics include licensing rules and regulations, consumer protection, and recent environmental impacts affecting the economy and consumer behavior. The discussion also covers the role of technology and media in accelerating changes, issues arising from off-MLS listings, and violations of MLS rules. Attendees will gain insights on advocacy, governance of data, and best practices for maintaining accuracy and proper disclosures in real estate transactions.

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Addressing Current Issues Impacting MLSs at the ARELLO Conference 2013 in Seattle

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Presentation Transcript

  1. Issues Impacting MLSs ARELLO Conference 2013 Seattle, Washington

  2. Tom Hurdelbrink President & CEO

  3. MLSs and Licensing Officials Commonalities Members = Licensees Rules/Policies = Laws/Regulations Business Enablers Benefits for Consumers Consumer Protection

  4. Recent Environmental Impacts Economy Behavioral Adjustments Tech & Media Acceleration Respond After-the-Fact MLSs and Licensing Officials

  5. Pocket Listings or Off-MLS listings/sales MLS Rule Violations License Law Violation (duties to Seller) Current/SharedIssues

  6. Current/SharedIssues • 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?

  7. COVE MLSs CMLS NAR MLS Policy & Issues Committee Resources

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