NAR’s MLS Policy Statement 8.6 goes into effect on September 1, 2022.
So, what tools are available to make the implementation of the new One Data Source Policy easier for MLSs?
Katie Smithson is Director of MLS Relations at Zillow Group, where she leads the team building their MLS data licensing and distribution platform, Bridge Interactive. Prior to joining Zillow, she spent eight years with W+R Studios as Director of Enterprise Sales and Director of MLS Services.
On this episode of Listing Bits, Katie walks us through Policy Statement 8.6, explaining what problems the mandate does solve and why it’s a problem to provide vendors and brokers with data in a single feed.
Katie discusses the Bridge platform’s current functionality and describes the new feature her team is developing to help MLSs implement 8.6, the One Data Source Solution.
Listen in to understand how MLSs can use Bridge to auto-approve certain vendor agreements and find out if the One Data Source Solution is right for you.
How MLS Policy Statement 8.6 requires that MLSs offer participants data in a single feed
The security issue with leaving it up to brokers and vendors to know what data can be used in a VOW, IDX or back-office feed
What problems the new One Data Source Policy does solve
How the Bridge platform alleviates pain points around data distribution for MLSs
What differentiates the Bridge platform from CoreLogic’s Trestle
How Katie thinks about asking MLS boards to give Zillow their data (and pay for the service)
How Bridge gives MLSs a simple way to combine existing data feeds for members
The benefit of adding field-specific tags to MLS metadata via the Bridge One Data Source Solution
How MLSs can use Bridge to auto-approve certain vendors or certain types of data access agreements
Connect with Katie:
Email: katiesm [at] zillowgroup [dot] com
What if it was easy for an MLS to raise money to develop the data services it needs and run the software its customers use?
Colette Stevenson is CEO of REsides, the premier MLS in South Carolina. Formerly known as Hilton Head MLS, REsides serves REALTORS who represent properties in both South Carolina and Georgia, maintaining the most dependable and powerful data in the marketplace.
On this episode of Listing Bits, Colette shares the story of the rebrand from Hilton Head MLS to REsides, explaining what differentiates her team’s vision from that of the average MLS.
Colette describes how REsides is developing a new business model to address the challenge of raising capital for software development and discusses why she’s open to collaborating with MLSs anywhere in the US.
Listen in to understand Colette’s disciplined way of thinking about potential changes to cooperation and compensation—and learn how REsides is empowering agents and brokers with data in a way that keeps the industry at the center of the real estate transaction.
How Colette’s background in the ticketing industry informs her work at REsides
What REsides is doing to keep the industry at the center of the real estate transaction
The story of the rebrand from Hilton Head MLS to REsides
What differentiates REsides’ vision from that of the average MLS (and how being small benefits Colette’s team)
Where buyers in the Hilton Head market come from and why Colette is open to collaborating with MLSs anywhere in the US
How REsides is developing a new business model to address the challenge of raising capital for software development
Colette’s take on what keeps MLSs from making bold moves (and how REsides is overcoming it)
Colette’s disciplined way of thinking about potential changes to cooperation and compensation
REsides’ mission to empower agents and brokers with data
Connect with Colette: