3 ms·
A couple of points of clarification: - All legal brokerages (including online only brokerages like redfin) get equal access to MLS data and systems. - NAR is h
by jdross 8y ago
A couple of points of clarification:
- All legal brokerages (including online only brokerages like redfin) get equal access to MLS data and systems.
- NAR is hyper-conscious of antitrust issues. Data access is the crux of this, which is a major reason why Zillow and others get access to MLS data. NAR now promotes open data access
- NAR, a trade group, is a 110 year old non-profit, with 501c6 status. IANAL but I don't think it can have an ownership stake in a for-profit venture
Opendoor operates a brokerage in every market it is live in, so they're not competing with NAR in any real sense. They're a part of the RE community, with same rights as any other agents