MLS dispute heats up

Article Abstract:

Two major brokerages withdrew a total of 18 of their offices out of MLS of Northern Illinois Inc. (MLSNI) over the issue of data ownership. BrokersE are concerned over the licensing of data from the MLS databases to other companies by Real Estate Business Information Group (REBIG), a company formed by MLSNI in association with a few large Multiple Listing Services. The withdrawal can hurt the consumers of these offices as these offices would lose exposure throughout Chicago. MLSNI is making changes to get the brokers back.

Government regulation, Illinois, Other Activities Related to Real Estate, REAL ESTATE, Real Estate Services, Licensing, certification and accreditation, Real estate agents and brokers, Multiple listings

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Mediation - winning solution

Article Abstract:

Mediation is becoming a popular method for resolving legal and ethical disputes between home buyers and sellers or between realtors. The method is not only cost-effective, but it also allows conflicting parties to participate in making the decision that will resolve the conflict.

Methods, Conflict management, Dispute resolution (Law)

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A better way to resolve disputes

Article Abstract:

The National Assn of Realtors is moving toward implementing mandatory offers of mediation of disputes involving local Realtor associations. Mediation is an effective method that has an 80% success rate in resolving disputes.

United States, Laws, regulations and rules, National Association of Realtors

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