TRESinc
Elite Member
- Joined
- Dec 1, 2011
- Professional Status
- Licensed Appraiser
- State
- Ohio
As far as how it differs from our agreement with MLS, already explained it , when I pay for MLS yearly I sign to abide by an agreement with them where I can use MLS data in appraisals, if I went outside that agreement and started re selling MLS data to other parties or using it to get listings etc ( a use outside my agreement )the local board and possibly NAR would be all over it....
which is no different than the cert you sign when completing a report on a FNMA form. you pay for MLS, lenders pay for your report; MLS allows you to use their data because you pay for it, lenders are allowed to use your data because they pay for it, AND you give them permission to do so.