MRED: Policy to remain unchanged with brokerages making listing syndication decisions

Midwest Real Estate Data (MRED) will not be making any changes to its listing syndication policy that leaves the decision of where a brokerage’s listings are distributed up to the real estate companies and not the multiple listing service (MLS). This week’s announcement by MRED, which serves the Chicagoland area, comes as some multiple listing services have moved to make those decisions. Read a news release from MRED.

“MRED’s policy has always been and continues to be that the brokerage controls where their listings are sent to. Why would an MLS or real estate association tell brokers how to run their businesses? MRED does it the way we think everyone should be doing it. Our job is to facilitate the buying and selling of real estate. If we can assist brokers in their marketing efforts we are happy to do so, but only at their request,” said MRED President and CEO Russ Bergeron in the release.

 

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About Stephanie Sievers

Stephanie Sievers is Senior Editor for the Illinois Association of REALTORS®. She serves as Senior Editor for IAR publications including the Illinois REALTOR® magazine and all other IAR publications. She is responsible for developing content for the Illinois REALTOR® Weekly Connection e-newsletter, coordinates the IAR Twitter account content at ILREALTOR and plans and develops content for videos. She assists in developing and writing content for the IAR blog. She also is involved in researching and drafting news releases and coordinates the news media distribution database and newsclips reports for the Association. She also assists in IAR spokesperson training seminars and is involved in development of association briefing materials on issues. She assists with the housing statistics program and reports.

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