Draft Policy on Virtual Office Web Sites Released

March 1, 2003

A work group of the NATIONAL ASSOCIATION OF REALTORS has completed a draft policy governing the display of Multiple Listing Service data on Virtual Office Websites (VOWs), through which real estate brokers provide real estate brokerage services to consumers over the Internet.

The draft policy was released today and is available to REALTORS on REALTOR.org.

The proposed policy will be reviewed by NAR’s Committee on Multiple Listing Issues and Policies when it meets during the association’s Midyear Legislative Meetings in Washington, May 13-17. The NAR Board of Directors will consider the policy at its meeting in Washington, May 17.

AEs and members will receive a special educational supplement on the VOW policy inside the May of issue of REALTOR Magazine.

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