This article does not mention the resale of MLS data … creating AVM products and other third-party applications. RPR is NOT about collecting MLS data and giving FREE stuff to Realtors. Will they throw bones to Realtors? I’m sure they will.

Reggie Nicolay of RPR put together a great video demonstrating FREE reports to Realtors (latest bone). My guess about the next step with that little bone? Move.com (parent company of Realtor.com) will take that data and create a better-than-ever CMA product for Top Producer (another Move.com company) that it will SELL to Realtors … The PAID product will offer adjustments to value and other neat features not available with the FREE package everyone is hot and bothered about today.

What will RPR pay MLSs for that data? Nada. They’re dispensing bones, not dollars.

If you consider it, those are the same risks we have now. The MLS is only as good as the data entry. As are any online records. RPR only takes that data and puts it in one place. In the Tucson MLS, we can click on ‘tax info’ for a property and it pulls up a record from CRS. That CRS information is just an aggregate of other public records. RPR does that same thing on a larger scale.

If you wanted to check the RPR data against the original public record or MLS, you certainly could.

R.com is from Move, not NAR. Yeah, they outsourced it, but I wouldn’t say they gave it to us directly. And I’m not going to go back how many decades and tell NAR that outsourcing was the wrong decision at the time. It may have been the exact right one. We just aren’t fans anymore, but there’s existing agreements and obligations to be honored. My rumor mill says updates are coming.

And ironically, I just got back from a meeting of a NAR committee that I’m on – and I’m certainly not a 50-60 something. There are changes afoot… have a little hope. It won’t happen overnight, but it will happen – if those of us that desire change get involved and make it happen.

I don’t hold much hope for anything cutting edge or functional.

If you have ever seen the “Quick” search screen on Tempo – So Cal MLS, that is the usual rubbish we get from software vendors and a realtor committee filled with 50-60 somethings.

I could go down the list. e-pro is a good example. NAR approves these Programs and let’s them run with the most outdated information. No follow up or reviews of these programs from NAR.