Many of you commented on our last blog post and email IRES Update on the CCM Data Sharing Agreement with REcolorado/Metrolist. First of all, thank you for all your comments and replies! We promised an update…
Please be assured, IRES is strongly committed to data share since it is in the best interests of Front Range brokers, appraisers, and the marketplace. We are deeply concerned that REcolorado’s current position will be unnecessarily disruptive and hurt the very people we aim to serve. That possibility is especially problematic with large 3rd party sites providing more data directly to consumers everyday.
We see today’s real estate industry as a collaborative business based on transparent negotiations between parties. Therefore, our preference would be to retain 3 years of sold data, not just 6 months. To that end, we continue to attempt negotiations with RECO. In addition, we are hosting a Broker Forum later this month to encourage involvement and feedback from brokers.
We will continue to update you as things develop. Again, thank you for your feedback and support.