fbpx

You are viewing our site as a Broker, Switch Your View:

Agent | Broker     Reset Filters to Default     Back to List
You have viewed all your free articles this month


Due to the ongoing situation with Covid-19, we are offering 3 months free on the agent monthly membership with coupon code: COVID-19A

UNLIMITED ACCESS

With an RE Technology membership you'll be able to view as many articles as you like, from any device that has a valid web browser.

Purchase Account

NOT INTERESTED?

RE Technology lets you freely read 5 pieces of content a Month. If you don't want to purchase an account then you'll be able to read new content again once next month rolls around. In the meantime feel free to continue looking around at what type of content we do publish, you'll be able sign up at any time if you later decide you want to be a member.

Browse the site

ARE YOU ALREADY A MEMBER?

Sign into your account

Why Should I Use IDX?

March 21 2011

exchangeIf you have been around awhile, you may know that the internet has not. In fact, it was not until the 1990s that agents began posting listing information online. However, once started, it never stopped. It is among the key ways that agents get new business.

Many people think that displaying property online is done by every real estate agent, broker, and MLS – but this is not true. In a recent review of four MLS market places, we learned that only about 20% of MLS subscribers have property search websites.

Initially, the internet became an efficient way for agents to show customers information about listings without jumping in the car and driving all around town. Home buyers loved it. Eventually, home sellers realized that it was a good way to market homes too.

Today, agents have the opportunity to provide direct access to every MLS listing through a product that is called IDX.

IDX stands for "Internet Data Exchange" and is also called Broker Reciprocity. The idea was that brokers reciprocated in allowing each other to display their listings on their websites. Over time, the reciprocal right was extended to agents.

TO READ THE REST OF THE STORY LOGIN OR REGISTER.