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Why is NAR Spending $4,000,000 ?

By
Real Estate Agent with Westbrook Realty Broker-Owner

               For: NAR National Real Estate/Archive formerly known as "The Gateway."

 

After attending the mid year meetings and listening to the presentations, I would

appreciate any feed back on your view of this project. As a NAR Director,  we will view

further developments and  vote on the proposed project in November.

Thanks in advance for your thoughts and advice.

 

 

                                                  realtor R logo

 

 

CEO Dale Stinton provided a detailed overview of the Library/Archive initiative,

the national database of information on all real property in the U.S. at the NAR

Convention in Washington, DC this past week.

He presented an informative Webcast which included an in-depth Q & A session that

addressed the questions and concerns that have surfaced since the Interim Report of the

Gateway Presidential Advisory Group was released.

You can view the National Real Estate Library/Archive White Paper mentioned in the Webcast

or the National Real Estate Library/Archive Executive Summary which highlights what the

initiative will and will not be. View the response of the COVE Group in cooperation with NAR

on the National Real Estate Library/Archive.

View the following video to see a dramatization that illustrates why we need a National

Real Estate Library/Archive.

 

I believe that the business world has targeted the real estate business as a business model

from which they can extract referral fees. With that said, they- the Zillows, Trulias and the like,

are compiling databases on a variety of real estate information. We, as a real estate community,

have all this information or have access to it already.

 

The BIG question is:

 

             How do we get this information into a location that all of us can use?

 

I'm sure that if we do not have this information aggregated, SOMEONE WILL and then we will either

have to pay for access or pay referral fees to them. 

 

                               Neither of these options are acceptable to me.

 

                            How about you?  Let us know what you are thinking. 

 

                              I will take your opinions to the National Association, so the end product

                                                    is something we can use and be proud of.

 

Posted by

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Comments(6)

Adam Brett
The Adam and Eric Group - Fullerton, CA
The Adam and Eric Group, Fullerton's Finest

They will spend it and hopefully the product will be beneficial - and it will only get there with input from the people on the street.  Let's hope they listen.

May 18, 2008 05:06 AM
Terry & Bonnie Westbrook
Westbrook Realty Broker-Owner - Grand Rapids, MI
Westbrook Realty - Grand Rapids Forest Hills MI Re

Adam:Thanks for you comments I am hopeful broker acceptance and good platform will make it Great.

May 18, 2008 05:13 AM
Bill Gillhespy
16 Sunview Blvd - Fort Myers Beach, FL
Fort Myers Beach Realtor, Fort Myers Beach Agent - Homes & Condos

Golden Rule:  He who has the Gold  ( information ) Rules !

May 18, 2008 05:45 AM
Terry & Bonnie Westbrook
Westbrook Realty Broker-Owner - Grand Rapids, MI
Westbrook Realty - Grand Rapids Forest Hills MI Re

Bill: I just want to make sure that NAR spends our Gold on a great product. Thanks for your comments.

May 18, 2008 06:01 AM
Bo Buchanan
Blue60.com - Oswego, IL
Blue60.com Directory, For Real Estate Pronulls

Wow.  I actually watched that video.  Although it was cheesy - it drives the point home.  I've had these kinds of conversations with people.  NAR needs to do something to start pulling together all this data and packaging it in a way the membership can use.  Thanks for a great post!

May 18, 2008 04:27 PM
Terry & Bonnie Westbrook
Westbrook Realty Broker-Owner - Grand Rapids, MI
Westbrook Realty - Grand Rapids Forest Hills MI Re

Bo: I hope by this time next year we will have something to be proud of. Thanks for stopping by.

May 18, 2008 09:56 PM