Free The MLS

Posted by Marc Rasmussen on Thursday, November 29th, 2007 at 7:42am.

The National Association of Realtors (NAR) changed in their policy regarding a Realtor's use of the acronym MLS (multiple listing service). There were several changes but in a nutshell they don't want Realtors using "MLS" on their website and in their website domain names because they contend that the Realtor is possibly duping the public by pretending to be the MLS. This policy only affects members of the NAR or Realtors.

How does this affect you the consumer? Ultimately, non Realtor websites like Trulia, Zillow and Homegain will have a competitive advantage over Realtors. Home buyers will use these websites to search for homes. These large national "lead generator" websites will capture the home buyers information and sell it to Realtors. This increase in expense to the Realtor is then passed on to the consumer through higher commission rates and processing fees.

If you are against this bureaucracy please visit www.freethemls.com and sign the petition.

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