Dispatches from the real estate front line
The lower Southeast Boise Association of Realtors (SBAR) adopted a new MLS data standard in view of the growing threat of the RETS data standard. MLS boards foresee RETS adoption as allowing the “snake in the door” leading towards data standardization and consumer access to valuable home listings information.
“We are here to serve the 94 members who make a living selling real estate in the lower part of southeast Boise.” Board President Chet Sanders said in a press conference. ”What the other associations do, like the Upper Southeast Boise Association of Realtors, and what the 17 other MLS’s in the greater Boise area do, is none of our concern.” Mr. Sanders continued.
National Association of Realtors bylaws state that all local associations must share their data but leave it to the 900+ MLS’s nationwide to decide on the format of the data feed. SBAR’s newly announced data feed format is novel in its complexity. Here are some of the details:
The MLS’s new data feed format is widely expected to inspire other MLS’s to create their own proprietary standards. However, SBAR took the added precaution to ensure that no other MLS share their data standard (making it easier for aggregators) by filing for trademark protection under Federal Law.