MLSPIN is the local Multiple Listing Service in Greater Boston.

It is really good. The technology is top of the line (regardless of the service problems they’ve been having …).

Some people love to complain about MLSs because, in many states, the sites are run by the local Realtor board, meaning by an affiliate of the National Association of Realtors, which is the Typhoid Mary of the real estate world. (EVIL!!!)

Not here.

A couple days ago, NAR and the US Department of Justice agreed to a settlement in a very-well publicized lawsuit.

NAR, DOJ Reach Settlement Over MLS Listings – Banker & Tradesman

The National Association of Realtors has reached a settlement with the U.S. Department of Justice over a dispute on how listings from multiple listing services are displayed on brokers’ virtual office Web (VOW) sites. As part of the settlement, NAR did not admit any liability or wrongdoing and will not pay any fines.

The Department of Justice filed an antitrust lawsuit against NAR in 2005 over a policy that enabled real estate companies that belong to local multiple listing services to withhold listings from specific Web sites.

Critics argued that the policy would permit larger real estate companies to block competitors who don’t offer traditional commission-based services from featuring listings online. NAR rescinded the policy in 2005, after DOJ launched an investigation. But many Realtor association-operated multiple listing services had already adopted the policy, according to DOJ officials.

In Massachusetts, most brokers use the MLS Property Information Network, which is not run by a Realtor board and is not subject to NAR’s rules and regulations. Members of MLS PIN agree to share their listings with all other members or they agree to withhold them entirely and therefore can’t post listings on their own company’s Web sites.

MLSPIN’s regulations are better than other MLSs, in many ways. One important way is, MLSPIN does a much better job of tracking “days on market”. Agents can easily see when a property has been relisted, giving them (and their clients) a lot more relevant data, helpful when figuring out offer prices, terms, etc.

Back to homepage: Boston condos for sale

Condos around Boston to buy or rent

Condos around Boston to buy:

Back Bay area new condos for sale
Beacon Hill area new condos for sale
Charlestown area new condos for sale
Navy Yard Chalrestown area new condos for sale
Dorchester area new condos for sale
Fenway area new condos for sale
Jamaica Plain new condos for sale
Leather District new condso for sale
Midtown area new condos fro sale
Seaport District area new condos for sale
South Boston new condos for sale
South End new condos for sale
Waterfront new condos for sale
North End area new condos for sale
West End area new condso for sale
East Boston area new condos for sale

Condos around Boston to rent:

Back Bay area condos for rent
Beacon Hill area condos for rent
Charlestown area condos for rent
Navy Yard Charlestown area condos for rent
Dorchester area condos for rent
Fenway area condos for rent
Jamaica Plain area condos for rent
Leather District area condos for rent
Midtown area condos for rent
Seaport District area condos for rent
South Boston area condos for rent
South End area condos for rent
Waterfront area condos for rent
North End area condos for rent
West End area condos for rent
East Boston area condos for rent

Updated 2018

 

Comments

comments

Call Now