Internet Listing Display (ILD) was a set of rules put forth by the National Association of Realtors in 2005 to regulate how homes and properties can be displayed on internet sites. The ILD policy was intended to consolidate and replace 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]
In late 2005, the NAR recommended to avoid using ILD, and the policy has since largely been abandoned.[2]
See also
References
- ^ [1] Archived 2005-11-25 at the Wayback Machine 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site of other MLS Participants is presumed unless a Participant affirmatively notifies the MLS in writing that it has withdrawn consent to such display (“opt out”).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."
- ^ NAR Postpones Internet Listing Display Policy, Reinstates IDX
- ILD Policy ILD Internet Listing Display policy Retrieved November 7, 2005