November 06 2018
This is great news! Multiple Listing Issues and Policy Committee voted to send the Broker Attribution policy change recommendation back for another look. It's an impressive move based on a recommendation by the NAR leadership during the Committee meeting.
The recommendation for the policy change was in response to several brokerage firms and real estate organizations requesting a review on broker attribution on internet listing displays.
Over the last few years, Redfin held a firm position that a backlink from a participating broker listing page to the listing broker's property listing page would benefit all brokerages.
Redfin's claims of how this position was a benefit to listing brokerages were to:
Most other brokerages and real estate organization's concerns were how the broker attribution is displayed visually on brokers IDX/VOW and publisher websites. Concerns rallied around on the vagueness of the guidelines is causing inconsistency of how the broker attribution is visually displayed on websites.
One real estate organization did caution that if Redfin's proposal was moving forward, a thumbs-up from the search engines was necessary before the policy could be approved.
MLS Technology and Emerging Issues Advisory Board reviewed these concerns along with input from a highly regarded SEO consultant before submitting their policy change recommendation to the committee.
Policy change recommendations to the Handbook on Multiple Listing Policy included modifications to:
When the real estate organizations and brokerages gained awareness of the policy changes, dialogue and collaboration spread throughout the industry. There were various concerns raised by the proposed policy changes.
The above questions and following conversations must have begun to raise concerns by NAR leadership. The result was NAR's leadership decided to seek more information directly from search engine leader, Google.
We found out at the committee meeting that Google did provide more information to NAR Leadership. This information required the leadership to request the removal of the recommended policy change from the table and to send it back to the Advisory Board's drawing board.
I like the KISS principle: Keep It Simply Simple. Brokerages want to have rich MLS policy guidelines on broker attribution, and in general, listing display.
Clarity allows consumers to easily identify the listing brokerage through visual markers—and has nothing to do with linking, canonical tags or any other technical method.
Location of the broker attribution. The current guideline says, "reasonably prominent location." The term "reasonably" and "prominent" are subjective terms. Just one reason why broker attribution is found all over the place on a listing page.
Every listing page has a section which contains a street address, photography, and the top or bottom of the listing content box. Let's use these sections to define where the broker attribution is required to be displayed.
Visibility of the broker attribution. Again, the policy uses a very subjective term, "readily visible color." What is readily visible? Seems like a lot of websites who think 'readily visible' is two or three shades lighter than the listing content. Hence, would it be simpler to have the broker attribution the same color as the listing content?
A policy which is very specific is the typeface. The policy says, "typeface not smaller than the median used in the display of listing data." Who is going to or has the time to calculate the median size font used across the entire page?
Do MLSs have tools available to monitor this requirement? It is specific, but is it practical? A simpler approach is to make the broker attribution the same typeface as the listing data.
This is simple as well. Brokerages and technology companies want MLS policy, which helps MLSs to aid consistent display of broker attribution and listing data across all websites.
Why?
One reason, it is easier and more cost effective to deploy by all industry stakeholders. Additionally, it provides consumers with a consistent vision of information across all websites. And finally, it is much easier for MLSs to monitor and deal with complaints from their membership.
Keep it simply simple for everyone!
I think there have been some very good outcomes from the Committee meeting and the Broker Attribution discussion.
NAR leadership has been very supportive of listening and then taking action. Probably an important step in knowing how to deal with difficult topics is to seek advice instead of powering through change.
A welcome approach was the conversations post submission of the Advisory Board policy change recommendations to the Committee. Kudos to the leadership of the Advisory Board and NAR in supporting this dialogue by taking feedback from others.
The old cliché of, "Two heads are better than one" was very present. The inclusion of many smart people in our industry is a much better approach to problem-solving than by a select few. I hope future consideration is given to formalize this approach.
This was a great 2018 NAR Annual Conference with great results for MLS Policy.
To view the original article, visit the WAV Group blog.