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NAR – DOJ – Proposed Settlement

J. Andrew English J. Andrew English

Rather than go over the entire proposed settlement, a few points below: However, to view the proposal, please visit http://www.usdoj.gov/atr/cases/f233600/233607.htm

Both IDX and VOW websites will continue to be available to the public.

VOW websites will require email authentication for public use/access.

IDX related websites are not affected by the agreement.

VOW websites will continue to operate and be available to the public.

MLS’s will not be able to keep data away from VOW related websites.

NAR wasted an absurd amount of money on a 3 year legal battle that could have been settled years ago on the exact same terms.

Overall, any data that you could hand to a client in your office, you can also display through your VOW. This includes sold data, withdrawn data, expired data, pending ratios, etc… If you can give it to your client in person, you can broadcast it through your website. This is exactly what MLS’s wanted to avoid. NAR had argued that this data should be exclusive to its members, not the general public.

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