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Real Estate News and Advice |
November 20, 2008 |
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REBIG Answers Questions About Its Business In Letter To Realty Times
by Blanche Evans
It's like the old joke between the lost manager in the air balloon who calls down to the ground for help and an engineer shouts back the longitude and latitude. When the manager sneers that this useless information can only come from an engineer, and that he'll never get where he's supposed to go, the engineer pegs the lost balloonist as a manager. When the manager says, "How'd you know?", the engineer replies, "You don't know where you're going, you expect those under you to solve your problems, when I give you the information you need, you don't want to use it, and now if you don't get where you want to go, you're trying to find a way to make it my fault." That's exactly how it felt when REBIG sent the following letter to Realty Times criticizing us for not contacting them when they were mentioned in a story we published March 22, 2004. We didn't contact REBIG because the focus wasn't on REBIG, but on the actions of a Coldwell Banker leader of 56 NRT offices in the Chicago area which attracted the interest of The Chicago Tribune. We did explain the business model for REBIG, a for-profit entity, in an article written in 2002, and this article was attached as a related article to the story "Local NRT Group Pulls 10 Offices Out Of MLSNI," giving any interested reader a chance to find out more about REBIG. As we correctly guessed when we sniff a good story, there would be plenty of chances to followup with REBIG and many other players in this spat because it was clear that this would grow to major proportions, and it has. The story, as this editor/reporter sees it, is that brokers are divided over whether or not sellers' listing information should be a profit center for MLSs and third-parties like REBIG, or whether listing data should simply be about getting the listing sold. In other words, is selling the data to third-parties right or wrong? What is happening in Chicagoland is an excellent forum for this debate, and it is a dramatic example of how far people are willing to go to protect their beliefs. One broker, as our story told it, chose to pull some of his offices out of MLSNI and put them in a not-for-profit MLS that doesn't allow data-sharing with third-parties. All Realty Times did was mention that REBIG was an MLSNI investment. REBIG is a for-profit data-mining cooperative of MLSs whose purpose is to sell MLS data in a controlled, authorized manner to third-parties. We did not view it as our job to defend REBIG to the manager who left MLSNI or to the readers, and we are sorry that REBIG thinks it was. But the story gets more interesting. Realty Times has just learned that others have questions over MLSNI's for-profit activities besides the manager who pulled 10 offices out of the MLS. The ten shareholders of MLSNI have just requested a forensic audit, with a motion that specifically names MLSNI and CEO Jay Huffman, to be completed within 60 days. We'll save the details we've learned about that for another article, as the focus of this article is not the MLSNI audit, but the fact that REBIG is upset that Realty Times didn't allow the company to defend itself. The bottom line is that REBIG hasn't done the job it could have explaining its business model to interested brokers, and now somehow they want to make it Realty Times' fault, but it's not our job to square things, just to report them. REBIG needs to talk to those who are now pulling out of the nation's largest MLS and those who would like an MLSNI audit, because it's clear that they don't understand or agree with MLSNI's ideas of how broker data can and should be leveraged. Well, let it never be said that Realty Times doesn't give a fair shake to all parties, and let it also be said, we don't have an ax to grind here for or against REBIG, MLSNI, Jay Huffman, Brenda Huffman, Coldwell Banker, or anyone else. So in the interest of fairness, here's the remainder of the letter: "We were disappointed to read the slanted statements and innuendo in your article with regard to our company REBIG, LLC and our President and CEO Brenda Huffman. The article seemed quite unbalanced as opposed to a piece representing all sides that confirmed statements made by those who spoke with you or Realty Times. To our knowledge, no attempt was made by Realty Times to confirm comments related to or about REBIG either by telephone or by review of our website, both of which would have provided you with the information necessary to speak of our company and management in an informed and factual manner. Our company, and the real estate community in general, deserves better from your publication. "As you noted in your follow-up article on March 25, the innuendo, specualation and gossip have gotten out of hand in reference to your March 22 article. We would like to take this opportunity to clarify the facts as they relate to REBIG:
As you know, MLSs have been dealing with MLS data being used or displayed without their permission for decades. As an example, for years MLSs across the country have been battling moving companies who secure the data without MLS authorization for mailing lists. MLSs face the problem that with the Internet now a part of everyday business life, unauthorized database development through information reverse engineering, screen-scraping, and unauthorized data redistribution is even easier than it was years ago. REBIG understands these are data control issues we must all work together to resolve and works with MLSs to this end. With REBIG’s safeguards, the data has more protection, and a greater recourse, when unauthorized use of the data is discovered. REBIG has also imposed the following data use restrictions from day one:
We invite you to view our website, www.rebig.net, and the Frequently Asked Questions document and press releases contained therein, to familiarize yourself with our business focus, goals, and practices. We hope you will take an active role in not perpetuating any further misconceptions and unfounded innuendo. We ask that you make this letter as prominent to your readership as you did the original article. In the future, please call our CEO to confirm the information regarding REBIG, Sincerely Al J. Unser, CAE, Chairman of the Board, REBIG Board of Governors." Readers can decide for themselves if we were fair or not in our treatment of REBIG. Published: April 20, 2004 Use of this article without permission is a violation of federal copyright laws. Related Articles:
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