|
 The National Association of REALTORS® is
considering whether multiple listing services and Realtors Associations should
require their members to pay for some services that are now considered
optional, reports
Matt Carter for Inman News.
"At least three MLSs have
notified NAR of their desire to require all of their subscribers to pay for
lockbox services, citing security issues when members don't use the devices,"
says Carter.
Most MLS services already
require this, but making it a universal "basic" service could mean cost
savings if everyone participates.
Ultimately, though, it means better
security for home sellers. "House keys kept in real estate offices can be
copied, and combinations shared." says Carter. "Electronic lockboxes can only
be used by MLS and association members, reducing the likelihood of unauthorized
entries."
Real estate experts worry that this
might increase the multi-list services power over associations. They might adopt policies that the
associations might not agree with.
"If
the NAR is considering whether to allow MLSs and associations to classify
lockboxes as required services," says it
Cathy Libby, operations manager of Maine's statewide MLS, Maine Real Estate
Information System, Inc., "it should also review whether other recent
innovations like transaction management software, e-signatures and agent
websites, could also be classified as basic, required services."
The NAR has decided to look at their policy
statement adopted in 1996 and see if more changes are necessary. "The committee informed the board of
directors that MLS Policy Statement 7.57, "Categorization of MLS Services,
Information and Products," will be "reviewed and revised, taking into
account changes in technology and the real estate business" since the
policy was adopted in 1996." reports Carter.
Read
the full article at Inman News.
Photo Source: parrishsign.com
Posted on November 13, 2012 14:42:39 by  IPTV.Boyz
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