Wednesday, February 25th, 2009 at 9:42 PM
MLS Full Transparency?
(bold added)
CALREDD™ LAUNCHES NEW WEB SITE
calREDD™, a service provided by CALMLS, the statewide Multiple Listing Service, launched its new Web site today at www.calredd.com. The site provides information for REALTORS® about calREDD™ products, services, rules, policies, and much more. The calREDD™ site also includes product demos and videos, a calendar of upcoming events and product demonstrations, a Frequently Asked Questions section, and dedicated informational sections for brokers and local REALTOR® associations
“For many years it has been the vision of California REALTORS® to have one database to input and search all California real property, regardless of property type, location, or status,” said Mike Silvas, CALMLS chairman. “The calREDD™ Web site presents us with a one-stop portal to introduce members to this critical initiative.”
from the FAQs:
Q: What is the vision for calREDD™?
A: To provide California REALTORS® with one complete and innovative property information and MLS solution so that California REALTORS® are the source for all California real property information.
Q: What are some of the key advantages of calREDD™?
A: The calREDD™ system is anticipated to create much-needed efficiencies, increased security, and new technology opportunities through the creation of one common database of California real property information.
- Control of the MLS stays within the hands of California REALTORS®.
- Every participating local associaton of REALTORS® and MLS (collectively “participating AORs/MLSs”) will have voting rights and the board of directors of C.A.R. retain ultimate control of calREDD™.
- The 17 initial voting members of the California MLS (calREDD™) board of directors are a diverse group of practicing REALTORS® (by geography, firm affiliation, firm size, and practice).
- The scale and reputation of C.A.R. creates unique technology partnership opportunities.
Q: Will calREDD™ offer a public Web site?
A: It is anticipated that a stand-alone consumer Web site will be necessary to compete with the existing consumer Web sites. MLS consumer Web sites traditionally provide more accurate information and therefore are more attractive to the consumer. No decision on when to create a consumer Web site and how it will function will be made without further study and input from C.A.R. members. However, calREDD™ will continue to feed listings, with listing broker consent, to marketing sites that are consistent with REALTOR® interests.
Q: Will the calREDD™ real property database be licensed to third-party aggregators?
A: C.A.R. and calREDD™ firmly respect the right of individual brokers to decide whether or not to syndicate their listings to third-party aggregation sites. For those who elect to syndicate their listings, calREDD™ will offer services to facilitate that process. For example, most California brokers and agents direct their MLS to feed listings to REALTOR.com®, and calREDD™ anticipates doing the same.
Posted on Wednesday, February 25th, 2009 at 9:42 PM in Realtor Training | 8 Comments » | 
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The market price is what we tell you the market price is.
No_Such_Reality | February 25th, 2009 at 9:48 pmJim, you keep telling me that these idiots’ stranglehold on data is breaking… but it looks to me like it is alive and kicking.
Why can’t I put in a property address into some engine and see every sales price for that property in the last ten years. And for each time it was listed… how long was it listed for? Was it sold? Did the seller every drop the price?
Of course, the Realtors’ cartel wouldn’t allow that, it would be too detremental to sellers.
If a company like Google were in charge of this, the quality and quantity of information you could get would be much higher…
greenlander | February 25th, 2009 at 9:58 pmYes, greenlander.
Take that a step further and you’d see the following:
1. All pictures ever submitted.
2. Reviews of the neighborhood and individual neighbors
3. Local news and stories specific to the property and neighborhood.
4. Required public disclosures (death, suicide, flood, mold, etc)
5. Past ownership records with lienholders and amounts.
It could get quite extensive and detailed. As Vint Cerf said:
“nothing you do ever goes away, and nothing you do ever escapes notice…There isn’t any privacy, get over it”
Chuck Ponzi | February 25th, 2009 at 11:49 pmChuck,
How about a full review of the realtors’ track record?
List every house sold, rep’d the buyer or seller, how many have gone into foreclosure, etc. You don’t have any idea about what their qualifications are today, you just have to wing it.
I saw one today who advertised in his short-sale listing that he was a “very experienced SS and foreclosure agent”.
I look him up and he’s had 23 sales in the last five years, and only five were seller sides. One was a short sale.
Not ‘experienced’, VERY experienced….
Jim the Realtor | February 26th, 2009 at 4:24 amMaybe he’s had to sell five of his personal flips short and also been in foreclosure himself?
shoppingaround | February 26th, 2009 at 5:28 amChuck’s post got me thinking–Let’s step-up and start a site that offers everything that is listed in these posts–Or package the idea and bring it to google so they can???
Local Boy | February 26th, 2009 at 6:09 amEmily’s list for realtors. Jimslist.org is not available but it is interesting what it is being used for.
Rob Dawg | February 26th, 2009 at 6:50 amJtR knows latin?
Dwip | February 26th, 2009 at 3:13 pm