Remove the MLS from the public sphere NOW!!

VOTE Now! to empower buyers and their trusted representatives.

Imagine a world where buyers are w/ 8% MTG rates, then asking a buyer who pays 100% of the full transaction, to add another 2% or 3% to his cost / adding up 103%?  Or Attorney fees of $900 $1,250 per hour $10,000 + just for his/her safety in having proper representation, knowledge access, transactional detail monitoring, administration efforts, negotiation of counter offers, timelines, and just general fairness in a pricey transaction?

Do You think the seller's agent who has a lawful fiduciary agency to his seller is going to help said sole unrepresented Buyer? Or help advise a buyer on how to negotiate a lower price or better terms against his seller? 

Ok, If you believe that then be sure to go to the seller's attorney on top of his single agent, who could now sue you, use the info, mistakes, missed dates, or issues you told them now against you in court in favor of their seller. Furthermore, they may have taken your $35K in escrow dollars because no one informed you Mr Buyer of the due dates or timelines missed. The listing agent stands to get up to 50% of those escrow dollars per typical Listing agreement. 

Listing agents: Why would any ethical realtor want to even put themselves in that situation? Imagine the class action lawsuit coming up from Buyers against listing agents in that world.

The current system works for a reason related to balance. 

History: The MLS systems of data were first created before computer technology was started for the purpose of data sharing and reciprocity internally and were released as catalogs ( books) and then went to IBM DOS and Windows 95 Intranet in the mid-90s and was supposed to remain an "intranet system" for internal use of brokers for compiling data, NAR Brokers since 1993 who used the DOS system to windows paid for and built this Intranet system, with there dollars 100%, none of it public or taxpayer-funded. 

Its purpose is data cooperation & reciprocity in the vein of fairness for all agents and transactional parties alike.

That same IDX VOW MLS system when made as an offer to the public in 2003 by IDX BROKER is now cannibalistic of the Brokers that built it. Just before its release to the broker Public sites, Homestore Realtor.com had been privately removed from members control under a JV/sold in 1999/2000.

REALTORS® have spent Hundreds of millions of dollars to develop Multiple Listing Services (MLS) and other real estate technologies that make the transaction more efficient.

An MLS is a private offer of cooperation and compensation voluntarily agreed to by sellers and by listing brokers to other real estate brokers. MLSs are private databases owned by Realtors that are created, tech-maintained, and paid for by real estate professionals to help their clients buy and sell property. In most cases, access to information from MLS listings is provided to the public free of charge by participating brokers

Those Millions of dollars spent are now been used so that Zillow, Homesnap, Home, Realtor com/ Move Inc. can profit Millions to steal leads by manipulation of Google tech in their favor so that other IDX Broker sites can then be cut in half and now that same free public access meant to attract buyers to broker's IDX websites threatens to remove that same buyer from there own access to protection by agent representation,  fairness and an at arm's length transaction!

With 100 Billion in potential lawsuits that favor sellers only. How can any realtor who subscribes to fairness, ethics, or mortgage broker stand for this.?

Where's the change petition?

Here it is.

The MLS system was never meant for the public or for outside companies like Zillow, realtor,homesnap, redfin to be used for their lead-stealing business model and to then take it and model it against those who created it.

Now the attorneys want to take what the paying members at NAR built. And currently pay for annually with 100% of our dollars.

This MLS is a private costly business venture, with heavy technology costs.

The simplistic distortion, false narrative, and logical fallacy from Lawyered up sellers:

"Because buyers can find their property online freely on their own at Zillow due to the free exchange of MLS data, there is no need for the representation for any buyer or to pay for them out of the buyer's funds in the polar at  Arms Length exchange.

One agent can handle both ends.

What they don't tell you is that  The buyer pays all the monies, the seller gets a right to a portion of his proceeds, buyer's agent is the selling agent. The selling agent is the person to start the investigation process to discover all the damages, issues, legal, and confidential remarks that are NOT SHOWN, inflated costs, values, and undisclosed lies by the seller.

Did you ever think to ask why there are disclosure laws in the first place?  

As it relates to the lawsuits that are being won by ungrateful greedy sellers, claiming they had no choices in life in hiring discount brokers or negotiating fees, or the free option to hire flat fee MLS brokers. All a lie.

They want to destroy a whole industry of protective representation meant for both ends of an arms-length transaction.

The 1st consequence of this suit is to remind sellers, attorneys, the government, and the General Public that this private system that they take for granted, shall now be removed. It should be an instant removal of the MLS VOW IDX broker system for the public display.

These class action folks want to use the MLS system at no cost to them letting NAR small business owners (realtors) pay for it 100% and fund the public's use of that system.

Access to MLS via Zillow and similar sites in the public sphere is not a right or a government entitlement program. Especially if it's disempowering buyers so that they can be abused even further.

This goes against all even-handed fairness concepts and ethics. This is the purpose of NAR regarding a win-win fairness for all.

Remove the public access to MLS now !!! 

Every realtor who pays fees should vote to defund and remove the MLS listings from the public sphere, let home buyers and sellers go to their trusted brokers directly for their data and listings, access to MLS after they have registered, and reach out to gain representation.

The biggest impact is on the buyer!
Destroying every dollar that a hard-working American has to squeeze out and then telling them he can't have representation and allocate 2%/3% of the 100% they pay in every sale. When 100% of their money is being paid for the whole transaction, it's not the seller's money it's the buyer's money, "all it" every red cent.

We have a requirement to uphold the system that requires fairness, ethics, transparency, and overall balance so that both sides have a win-win, this is the purpose and why it works.