By Sam DeBord
The National Association of REALTORS® recently voted to approve updates to its operating agreement with realtor.com® and allow more flexibility for the Web site. There has been a wide range of reactions from REALTORS®. This blog is part one of my five-part series in which I will discuss the propriety of the agreement.
Let’s start with some background: NAR does not own the Web site. It merely owns the domain name, realtor.com®, which it has licensed to Move, Inc. to operate. Many discussions center on this issue still today. This agreement started in the mid-90s. Whether or not some members liked it, it is a 20-year old moot issue. NAR only owns about 2.5 percent of Move, Inc. They are merely a marketing partner with whom REALTORS® have regulatory clout because of our ownership of the domain name.
The new agreement between NAR and realtor.com® approves four major changes:
- Display unlisted new homes and new-home communities.
- Display unlisted rentals.
- Obtain listings from entities that are not REALTOR®-owned and controlled, as well as from brokers who are not REALTORS®.
- Identify properties where a notice of default has been recorded, auctions of distressed properties, short sales, foreclosures, and bank-owned properties. (Listing brokers will have the option to opt out by calling the realtor.com® customer care center.)
Individual consumer FSBOs remain precluded from the site, and the changes will be implemented in a way that preserves realtor.com®’s accuracy advantage, according to Move executives.
NAR directors are members—not some faraway body of executives. Continue reading »
By Brooke Wolford
I recently received a really negative comment on one of my YPN Lounge posts. When I first received word of the comment, I was really taken aback. It seemed as if the person who commented had some personal issue with me. I was honestly very offended.
I debated over the weekend whether or not to address the individual who wrote the comment. Being the person that I am, I would normally address the person directly, in a professional manner. I could explain that I understood this reader’s opinion and not everyone feels the same way about this topic.
I never expect that everyone is going to like what I write or that they even understand where I am coming from. I completely understand that things of this nature could and will happen.
If I could give any advice to those of you who have a blog, I would say allow the comment to be published and address the comment directly on the post. I think this will show your readers that you have some class and that you can be professional when dealing with less-than-pleasant people or those who simply disagree with you.
Don’t get offended by how others feel. You can’t force anyone to understand your perspectives or opinions. Cherish the fact that what you have written has caused someone to be passionate enough about it to debate the issue.
Brooke Wolford is a real estate practitioner with Coldwell Banker Burnet in Woodbury, Minn. Follow her blog at adventuresinrookierealestate.com.