IDX Displet system vs other IDX

[fogger]

Hey
A Realtor I work for sent me this..Its about how the industry may limit the access to MLS data..This could mean good things for say a agent who wants to use Studiopress Agentpress for example and needs a robust IDX solution..Because if this were to go the full way..A agent or their Broker will be the primary source of MLS data online..Or the major source.. I suppose there is no way to really keep third parties out..anyway I felt like sharing.. :)

(from the NAR site)

The ‘Great Data Debate’ Heats Up

“In 2012, listing data and how it is shared across multiple platforms — from IDX to syndication to social media platforms — will be a hot topic. It could fundamentally change how real estate agents do business,” says Jay Thompson, broker/co-owner Thompson’s Realty and a member of NAR’s MLS Committee. Jay lobbied for the creation of a special subcommittee to help sort through these issues.

In 2011, Edina Realty made a decision to withhold their syndication feeds to third-party sites like REALTOR.com, Trulia, and Zillow. Lublin believes the rest of the industry is watching. “Large and small companies alike will be watching Edina to see what happens as they leave aggregators’ sites in an attempt to drive consumers directly to their company site. If REALTORS® decide to disintermediate third-party sites, the impact on the industry could be immense.” Nobu Hata, 2012 YPN chair and Minneapolis REALTOR® with Edina Realty, hopes all agents understand the stakes. “I can tell you first-hand that brokers waking up to listing syndication issues will be heavily impacting us in 2012. It’s a numbers game, and a lead-gen and empowerment issue that all brokers — big, small, indie, franchise — will be gunning for. Here’s hoping that their agents realize this, and advise when necessary.”