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2024 Letter from CEO Jeff Bosch

MLS and the Changing Real Estate Landscape We’re in the closing weeks of a tumultuous year for real estate. All of us here at IRES hope that for our subscribers, this has been background noise for you while serving clients, selling properties and enjoying professional success. There is good news for us to consider asContinueContinue reading “2024 Letter from CEO Jeff Bosch “

2024 Wrap Up

As we approach the end of 2024 and the start of the holiday season, we would like to take a moment to reflect on our remarkable journey and achievements throughout the year. We made it a priority to listen to what our subscribers need and make improvements that allow you to do your job moreContinueContinue reading “2024 Wrap Up”

Updates on the REcolorado Data Sharing Agreement

As we shared last month, we reached a data exchange and integration agreement with REcolorado that ensures listing information on residential properties on both systems remains visible to each other’s subscribers. We’ve recently reached an agreement with REcolorado to extend the availability of historical listings to five years, increasing from the original three years inContinueContinue reading “Updates on the REcolorado Data Sharing Agreement”

Our Promise to IRES Subscribers

We recognize that it’s a time of unprecedented disruption in our industry, especially here in Colorado. Every day seemingly brings new changes in the MLS landscape or more debate over rules and roles for real estate professionals, to say nothing of the cyclical ups and downs of real estate. The IRES Board of Managers metContinueContinue reading “Our Promise to IRES Subscribers”

The Value of the MLS

In the midst of tremendous change and turmoil in the industry, IRES firmly believes in the value of the MLS for real estate professionals including buyers, sellers and real estate brokers. Listing Exposure The MLS enables broader exposure for all listings. From a listing perspective, this increases exposure and the chances of securing competitive offersContinueContinue reading “The Value of the MLS “

Data Sharing Agreement with REcolorado

Continued Access to REcolorado Listing Data We’re excited to share that as of August 16, we have an updated formal datasharing agreement in place with REcolorado. While you’ve had access toREcolorado listing data for the last several years, the purpose of this agreement isto ensure you continue to have access in the future, providing stabilityContinueContinue reading “Data Sharing Agreement with REcolorado”

IRES MLS NAR Settlement Resources

Updated 8/14/2024 It’s here – the deadline for the conversion of the IRES MLS system to comply with the NAR settlement. Our customer service, product development and leadership teams at IRES have been working diligently and thoughtfully toward making this transition as smooth as possible for you and your clients. We recognize that there mayContinueContinue reading “IRES MLS NAR Settlement Resources”

Who is Responsible for the Compliance with the NAR Settlement?

In a word, IRES. While we prepare for the implementation deadline for the new rules supporting the changes in the NAR settlement, IRES is making changes to our Rules and enforcement process. IRES approaches all compliance in an educate first, fine second manner. That said, the implications of not following the terms of the settlementContinueContinue reading “Who is Responsible for the Compliance with the NAR Settlement?”

What Policy Changes are Required by the MLS to be in Compliance with the NAR Settlement?

Eliminate and prohibit any requirement of offers of compensation on an MLS between listing brokers or sellers to buyer brokers or other buyer representatives. Retain, and define, “cooperation” for MLS Participation. Eliminate and prohibit MLS Participants, Subscribers, and sellers from making any offers of compensation on an MLS to buyer brokers or other buyer representatives. Require an MLSContinueContinue reading “What Policy Changes are Required by the MLS to be in Compliance with the NAR Settlement?”

Important Considerations Relating to the NAR Settlement

There are many things to consider when adapting to the new practice changes. One important and in-depth resource is NAR Settlement FAQs. IRES recommends you also rely on your brokerage leadership, counsel, CAR, and/or DORA for all questions regarding representation agreements. What if I am not a REALTOR®? IRES Rules, updated as necessary to complyContinueContinue reading “Important Considerations Relating to the NAR Settlement”