NWMLS Revises Online Data Display Policy
The NWMLS Board of Directors recently approved a revision to its data display policies that will take effect July 3, 2008. The change is not overwhelming but is significant in that additional, pertinent information will be made publicly available, namely the listing price history and the cumulative days on market (CDOM). I know Redfin is feverishly working to incorporate the new info. No word from the major companies (Windermere, CB Bain, John L Scott), however, they do not currently publish all available data as it is.
Another new display feature I love a lot is that now NWMLS members can see who the Selling Agent is, not just the office. It’s a required field when you change to Pending.