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NAR and Move.com Working on National Database.

The last few years NAR has been investigating the possibility of having a

National Data base of all properties in the United States. Filled with

tax information, Insurance documents ( like the Clue report), survey, title

information, anything to do with the subject property. The purpose is to have

a place to go to get all information about a property with one click.

While the project is still in it's infancy, the final product would be available

to members of NAR and not to the public. The MLS Issues and policy

forum heard from Dale Ross who is chair of the RPR (Realtors Property

Resource). He indicated they have contracted with Move.com to consult with

NAR to bring the RPR to reality.

Inman News also reported on the presentation.

Opinions I have heard vary from:" finally a system that will be helpful" to

"there they go again spending our dues dollars to build something that the

local market may already have."

I think we have a bigger issues that should be solved first. We need to

have systems in place that offer the consumer programs similar to the

Zillows and Trulias of the Internet and let the brokers and title offices

continue to offer property detail.

I don't think we need a national MLS but we need to get away from the small

local MLS's that can not offer all the bells and whisles that are available.

But that is another blog.

Grand Rapids Ada Real Estate ~

Posted by Terry Westbrook ~ Westbrook Realty Grand Rapids Forest Hills MI Real Estate on 11/14/2008 10:48 AM

Comments (8)

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Originally posted at: Grand Rapids Michigan Real Estate Blog: NAR and Move.com Working on National Database.

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8 Comments on NAR and Move.com Working on National Database.

NOV

If Move, Inc. wants to develop a national database, it should do so with it's own money.

NAR shouldn't pay Move, Inc. to do it.

My opinion

Terry, I don't believe for one minute that real estate information, developed with Realtors dues, will not be available directly to the public at some point. If you build it, someone will want it for free.

I agree with Lenn and Richard...this is out of the purview of our dues dollars to pay for something that we have no control over. We should all be outraged and letting the NAR know.

Lenn: Move.com has been hired by NAR as a consultant. When completeed it will be owned by NAR.

Richard: Again it is something we will be able to use to our advantage in the future. My biggest concern is timing by the time they get it done it could be too late.

Suzanne: We will pay for it since it has been approved and the agreement to consult with Move.com has been authorized now will it be of value when the finished product is presented?

NOV

Terry, The Los Angeles MLS is in the process of converting to an all California MLS Data base, system. Since CA is the equivalent to the 6th or 7th largest country's Economy in the world, this could be a great example how to do it. Problem I see we always tend to re-invent the wheel and there are too many nay sayers in the world. I remember when people complained about having MLS Books & now about a national MLS:))) I guess it is good to complain.

Endre: The people in the know keep saying it will be non MLSdata that will be in the database. I guess we will see as it progresses. Complaining is one thing but constructive criticism is another. A lot of good ideas come from controversy.

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