Internet Listing Display (ILD) is a set of rules put forth by the National Association of Realtors that regulate how homes and properties can be displayed on Web sites. The ILD policy consolidates and replaces both the Virtual Office Website (VOW) and Internet Data Exchange (IDX) policies to create one set of rules. The ILD policy is a work in progress created as a result of investigation from the U.S. Department of Justice into anti-competitive practices by traditional real estate brokers. The ILD policy is intended to prevent traditional brokers from solely excluding their property listings from selected discount broker Web sites, since they must "opt out" from display on all other brokers' sites [1]
See also
References
- ^ [1] NAR's ILD policy: "Unless state law requires prior written consent, each Participant’s consent for display of that Participant’s listings on the ILD site of other MLS Participants is presumed unless a Participant affirmatively notifies the MLS in writing that it has withdrawn consent to such display (“opt out”). A Participant that opts out may not display on its ILD site(s) (including by framing any other website), if any, the listings of any other MLS Participant provided by the MLS. A Participant that opts out may not permit display of its listings on any ILD site of any other Participant. It may, however, display its listings on public websites of third parties, including but not limited to Realtor.com. A decision to opt out may not be revoked for a period of ninety (90) days from the date the decision becomes effective."
- ILD Latest News Retrieved November 20, 2005
- ILD Policy ILD Internet Listing Display policy Retrieved November 7, 2005
