Interactive
April 25, 2000

Response To: Aren't Brokers Supposed to be Selling Homes? (sd23 - 04/25/2000 12:10 PM)
Main Topic:

Who Owns Broker Data?


Good Question
Posted By: OurBroker - 04/25/2000 01:07 PM

Hi --

It is asked, "How does the broker owning the "data" help me sell my home?"

Fair enough.

Consumers benefit when transaction costs do not rise as a result of data piracy; they benefit when their information is properly presented; they benefit when their data is not available to sites that discriminate; and they benefit when their property is sold and their data is removed from online sites.

One might also ask: How does a broker losing the right to data collected at enormous time and expense benefit clients? If it's okay to pirate the broker's work-product, what about your data -- after all, we do live in an information economy? If you're a purchaser and give financial information to a buyer broker, do you want that information all over the Internet?

All the best.


Peter G. Miller
OurBroker(r)