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Old 07-08-2009, 07:03 PM
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Join Date: Jul 2009
Location: North Little Rock, AR
3 posts, read 1,747 times
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LittleRocker-Elena is on a distinguished road
Quote:
Originally Posted by Dreamy46 View Post
If your parents had two "licensed" real estate agents that never even listed the property on the MLS, which is standard fare anywhere in the country, I think I'd have to be talking to the State Real Estate Commission about them:

http://www.arkansas.gov/arec/
You can be a licensed agent but not be a REALTOR. Only REALTORs are members of the National Association of Realtors (and their local association as well) and only they have access to the MLS. It is not uncommon in rural areas for agents to be licensed, but not a REALTOR, as a lot of deals are done outside of the MLS.

Good luck to your parents in selling. Have you considered the option of breaking up the land?
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Old 07-10-2009, 12:27 PM
Pajama Clad Crank
 
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Location: Bernanke's Financial Laboratory
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Quote:
Originally Posted by LittleRocker-Elena View Post
You can be a licensed agent but not be a REALTOR. Only REALTORs are members of the National Association of Realtors (and their local association as well) and only they have access to the MLS. It is not uncommon in rural areas for agents to be licensed, but not a REALTOR, as a lot of deals are done outside of the MLS.

Good luck to your parents in selling. Have you considered the option of breaking up the land?
Do you really want to have this debate?

"Prohibited actions include but are not limited to:"

"It shall be unlawful to deny any person access to or membership or participation in any multiple listing service, real estate brokers’ organization or other service, organization, or facility relating to the business of selling or renting dwellings, or to discriminate against any person in the terms or conditions of such access, membership or participation, because of race, color, religion, sex, handicap, familial status, or national origin."

http://www.arkansas.gov/arec/

If he can prove he was harmed, he should go after this:

"The Real Estate Commission maintains a Recovery Fund which, under certain circumstances, can be used to reimburse persons who have suffered financial loss because of violation of the Arkansas Real Estate License Law or Commission Regulations by a real estate broker or salesperson. The maximum amount which can be paid to the aggrieved party(ies) is $25,000.00."

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Old 07-10-2009, 12:42 PM
De-racinated member trying to stay balanced
 
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Quote:
Originally Posted by Dreamy46 View Post
Do you really want to have this debate?

"Prohibited actions include but are not limited to:"

"It shall be unlawful to deny any person access to or membership or participation in any multiple listing service, real estate brokers’ organization or other service, organization, or facility relating to the business of selling or renting dwellings, or to discriminate against any person in the terms or conditions of such access, membership or participation, because of race, color, religion, sex, handicap, familial status, or national origin."

http://www.arkansas.gov/arec/

If he can prove he was harmed, he should go after this:

"The Real Estate Commission maintains a Recovery Fund which, under certain circumstances, can be used to reimburse persons who have suffered financial loss because of violation of the Arkansas Real Estate License Law or Commission Regulations by a real estate broker or salesperson. The maximum amount which can be paid to the aggrieved party(ies) is $25,000.00."

I think you are taking an excerpt from the Fair Housing Act of 1998 which is about discrimination, and trying to apply it to listing access on the MLS. Access to MLS listings to look at potential homes is not limited. But the ability to post listings is limited, and the Fair Housing Act does not prohibit a professional organization from charging fees and setting various qualifications in order to exercise the benefits of membership in that professional organization. One of the benefits to being a Realtor would be the ability to add to the MLS.
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Old 07-10-2009, 01:03 PM
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Quote:
Originally Posted by DC at the Ridge View Post
I think you are taking an excerpt from the Fair Housing Act of 1998 which is about discrimination, and trying to apply it to listing access on the MLS. Access to MLS listings to look at potential homes is not limited. But the ability to post listings is limited, and the Fair Housing Act does not prohibit a professional organization from charging fees and setting various qualifications in order to exercise the benefits of membership in that professional organization. One of the benefits to being a Realtor would be the ability to add to the MLS.
It would be nice if you backed up your points with web links.

http://www.ivaor.com/new/pdf/Special...nt%20(VOW).pdf

My conclusion by the text in this article would be this: a real estate agent has to be supervised by a real estate broker, and that real estate broker, whether or not a member of the NAR, has access to the MLS simply by paying dues.

Your rebuttal?
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Old 07-10-2009, 01:06 PM
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Quote:
Originally Posted by DC at the Ridge View Post
I think you are taking an excerpt from the Fair Housing Act of 1998 which is about discrimination, and trying to apply it to listing access on the MLS. Access to MLS listings to look at potential homes is not limited. But the ability to post listings is limited, and the Fair Housing Act does not prohibit a professional organization from charging fees and setting various qualifications in order to exercise the benefits of membership in that professional organization. One of the benefits to being a Realtor would be the ability to add to the MLS.
Sir, will you have another?

"Myth: Only a 6-percent Realtor can put your home into the local multiple-listing service, or "MLS.""

Fact: Any broker who is a member of the local MLS can list your home for sale and put it into the MLS. That means you can list your home with a For Sale By Owner Homes broker and still get the same benefit and exposure of the MLS."

MLS - Why paying a Realtor 6% to list in MLS is nuts!
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Old 07-10-2009, 01:16 PM
De-racinated member trying to stay balanced
 
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Quote:
Originally Posted by Dreamy46 View Post
Sir, will you have another?

"Myth: Only a 6-percent Realtor can put your home into the local multiple-listing service, or "MLS.""

Fact: Any broker who is a member of the local MLS can list your home for sale and put it into the MLS. That means you can list your home with a For Sale By Owner Homes broker and still get the same benefit and exposure of the MLS."

MLS - Why paying a Realtor 6% to list in MLS is nuts!
Please see the bolded portion.
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Old 07-10-2009, 01:18 PM
De-racinated member trying to stay balanced
 
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Quote:
Originally Posted by Dreamy46 View Post
It would be nice if you backed up your points with web links.

http://www.ivaor.com/new/pdf/Special...nt%20(VOW).pdf

My conclusion by the text in this article would be this: a real estate agent has to be supervised by a real estate broker, and that real estate broker, whether or not a member of the NAR, has access to the MLS simply by paying dues.

Your rebuttal?
I used your text and bolded it in RED. I am not going to engage you in a debate here. You are trying to counsel someone about Arkansas law when I don't believe you are qualified to do so. If I am wrong, I'm sure you will provide us with your Arkansas Bar Certification.
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Old 07-10-2009, 01:22 PM
Pajama Clad Crank
 
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Quote:
Originally Posted by DC at the Ridge View Post
I used your text and bolded it in RED. I am not going to engage you in a debate here. You are trying to counsel someone about Arkansas law when I don't believe you are qualified to do so. If I am wrong, I'm sure you will provide us with your Arkansas Bar Certification.
I'm simply pointing out resources on the web to someone who needs the help and debunking myths.

It's amazing how you show regularly to attack everything I say as being wrong, but never provide any evidence that I am wrong.

Show it to me and I'll gladly eat my crow.
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Old 07-10-2009, 01:29 PM
De-racinated member trying to stay balanced
 
Join Date: Aug 2007
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DC at the Ridge has a brilliant future
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Quote:
Originally Posted by Dreamy46 View Post
I'm simply pointing out resources on the web to someone who needs the help and debunking myths.

It's amazing how you show regularly to attack everything I say as being wrong, but never provide any evidence that I am wrong.

Show it to me and I'll gladly eat my crow.
I highlighted in RED the pertinent portion of your post which clearly went to the intent of the law as regards MLS access. Despite your feelings of victimization, I have no desire to "regularly attack" your posts. My only care here was to provide clarity to the OP.
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Old 07-10-2009, 01:41 PM
Pajama Clad Crank
 
Join Date: Jun 2009
Location: Bernanke's Financial Laboratory
409 posts, read 116,621 times
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Dreamy46 has a spectacular aura aboutDreamy46 has a spectacular aura aboutDreamy46 has a spectacular aura aboutDreamy46 has a spectacular aura about
Quote:
Originally Posted by DC at the Ridge View Post
I highlighted in RED the pertinent portion of your post which clearly went to the intent of the law as regards MLS access. Despite your feelings of victimization, I have no desire to "regularly attack" your posts. My only care here was to provide clarity to the OP.
So back to the original discussion, the folks who listed the property would have been unable to put said property in the MLS if they were not Realtors. Am I understanding that right?
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