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As of December 12, 2001
Internet Data Exchange Resources
Passed the NAR Board of Directors: May 22, 2000.
Mandatory for all MLSs by Jan. 1, 2002.
IDX
PowerPoint Presentation
The attached powerpoint presentation by Gar Anderson
(first presented Sept. 2001) outlines the benefits and implementation process of
MLS Internet Data Exchange. [12-01-01]
Model
IDX Rules
Model rules that associations can use to add
Internet Data Exchange (IDX) provisions into their MLS rules and regulations are
now available online. The rules include wording for opt-in or opt-out
participation. [11-12-01]
IDX
(Internet Data Exchange) Implementation Case Studies
NAR's Center for REALTOR® Technology, sent out an
IDX Request for Information survey in September, 2001. From the pool of 40
responses, the Center selected seven to illustrate several of the numerous
available options for IDX implementation. [11-12-01]
IDX
in Action
This feature story from REALTOR Association
Executive Magazine profiles MLSs that have been allowing members to post each
other's property listings for year. Learn from their experience. [10-25-01]
New
Internet Data Exchange Implementation Guide
This 56-page guide will help MLSs implement IDX by
spotlighting the options available in technology, writing your association's IDX
rules and regulations, selecting vendors, calculating costs, and addressing
legal and policy issues. The guide also provides an IDX checklist for
implementation. [8-28-01]
NAR's
Virtual IDX Kit
This kit contains of information about the
Internet Data Exchange (IDX) policy adopted by the NAR Board of Directors at the
2000 Midyear meeting, which was subsequently revised in May and July 2001,
including background, statement of policy, frequently asked questions, and
resources and contacts.
Larson's
2001 Leadership Summit IDX Presentation
This IDX implementation PowerPoint presentation
was given by Brian N. Larson, President & General Counsel, Regional Multiple
Listing Service of Minnesota, Inc. Aug. 20, 2001, at the NAR Leadership Summit
in Chicago, and includes samples of current IDX solutions being used by brokers.
[8-28-01]
Butts'
2001 Leadership Summit IDX Presentation
This IDX implementation PowerPoint presentation
was given by Cindy Butts, Executive Vice President, Maine Association of
REALTORS, Aug. 20, 2001, at the NAR Leadership Summit in Chicago, and includes
more in-depth information on technology details of implementing IDX. [8-28-01]
Articles
written about IDX (Broker Reciprocity) and more resources:
From California Association of REALTORS Technology
magazine:
Broker
Reciprocity Puts Traffic in Play: NAR policy good for brokers, bad for
aggregators? [7-01]
From Realty Times:
Brokers
Take Control of Internet Leads: Systems help keep leads from falling through the
cracks. [11-01]
From REALTOR Association Executive magazine:
What
is Internet Data Exchange
This frequently updated article describing the NAR
policy is available to reprint and distribute to members.
From REALTOR Association Executive magazine,
Summer, 2001:
Changes
to the Internet Data Display policy offer more clarity and options
This frequently updated article describing the NAR
policy is available to reprint and distribute to members.
Reciprocal
Internet Listing Info from Regional MLS of Minn.
Broker Reciprocity, which was one of the models
used by NAR to develop Internet Data Display, is actually the name of a branded
term at the Regional MLS of Minnesota. The Minnesota logo above is available for
licensure to any association free of charge.
Top 8 advantages of reciprocal internet listing
policy
1. All REALTOR members become empowered to deal
with the real estate consumer of the future.
2. Members can fully market their services on the
Internet.
3. Members can take advantage of the data brokers
have contributed to the system.
4. Members can obtain and maintain first contact
with the consumer in the real estate transaction.
5. Brokerage Web sites can become the best source
of listing data and compete with other popular sites.
6. Participating brokers may display more data
fields (like square footage) than many current Web sites are allowed to display.
7. When consumers visit the Web sites of
reciprocal brokers, they will stay longer because the brokers have more listing
data to offer.
8. As brokers become more innovative in offering
on-line services, listing displays will be a critical factor in their success.
(Information contributed by Brian Larson, Regional
MLS of Minnesota)
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© 2002 Youngstown
Columbiana Association of REALTORS® 