TRREB has succeeded in its efforts to develop a Virtual Office Website ("VOW") service, giving its REALTOR® Members the opportunity to enhance the portfolio of services they currently offer their clients.
The VOW (Virtual Office Website) Policy and Rules and additions to the Glossary are now included in the current MLS® Rules and Policies that have been approved by the Board of Directors, and in accordance with Section 15 of the TRREB By-Law, will come into effect November 15, 2011.
This service, which is available to TRREB Members, allows for secure password-protected websites designed to provide consumers the ability to search certain MLS® listing data, with the benefit of a REALTOR® Member's oversight, supervision, and accountability.
In response to a changing business environment, at a strategic planning session held in July 2010, TRREB embarked on the development of a policy to provide for VOWs.
TRREB is offering access to listings in a RETS (Real Estate Transaction Standard) format. VOW RETS access requires that the Brokerages sign the TRREB VOW RETS Datafeed Agreement, in order for the Brokerages and Members of the Brokerages to participate.
VOW RETS access allows all Brokerages that have signed the above agreement, access to the available listings data via a RETS client and the ability to designate a third party to do it for them. Brokerages/Members using the VOW RETS access must adhere to the VOW Policy and Rules. Brokerages/Members can participate in the VOW RETS program by completing a TRREB VOW Datafeed Agreement.
PLEASE NOTE:
TRREB will provide support for VOWs RETS Data, however, the selection/setup/administration of any RETS Client Software will be the responsibility of the participating Brokerage/Members.
You can easily begin the agreement online through the TRREB Online Agreement System
For more information on this new service, please contact the TRREB Administrator, at TRREB at 416-443-8131 or dataagreements@trebnet.com.