INTERNET DATA
EXCHANGE PROGRAM ( IDX )
1. What is this Internet Data Exchange Program ( IDX ) ?
Internet Data Exchange ( IDX ) is an agreement among the MLS Participants (
Principal Brokers ) of the Knoxville Area Association of REALTORS® Multiple
Listing Service to give each other permission to display their listings on each
other's public web sites. MLS Participants who elect to participate in the MLS
IDX Program (called IDX Subscribers) can display all of each other's active
listings. MLS Participants who elect not to participate in the MLS IDX Program
cannot display MLS Participant IDX Subscribers' listings, nor can IDX
Subscribers display non-participating MLS Participant’s listings.
2. Who can participate ?
All Participants ( Principal Brokers ) of the MLS and their affiliated sales
licensees may participate in the MLS IDX Program. All MLS Participants are
automatically IDX Subscribers in the MLS IDX Program. Those MLS
Participants who elect not to participate must complete the IDX Agreement indicating
they elect not to be an IDX Subscriber. Your listings will be displayed on
other IDX Subscribers’ web sites. To take full advantage
of the MLS IDX Program the MLS will provide each IDX Subscriber and their
affiliated sales licensees their own IDX Website to display both your own
listings and the listings of other IDX Subscribers. Individual sales licensees
affiliated with those MLS Participants who elect not to participate in the MLS
IDX Program may not participate in the
MLS IDX Program either. Individual sales licensees participate in all MLS
programs through their Participant, the Principal Broker.
3. What is the cost of the MLS IDX Program or Websites?
There is no additional cost to participate in the MLS IDX Program. The
cost to Subscribers for the MLS IDX Program and the IDX Websites is included in
the MLS Participation Fees..
4. What are the advantages to IDX Subscribers
of displaying other IDX Subscriber’s listings
on a web site ?
· The IDX Program gives a Subscriber an extra edge by allowing him to display nearly the entire MLS inventory of active listings on his own public website.
· An IDX Subscriber will have the stickiest websites. Consumers will not be guided to competitors’ websites.
· An IDX Subscriber’s Branding will be prominent. Consumers will not experience Branding confusion.
· An IDX Subscriber will give consumers a reason to keep coming back to his site.
· More services mean more customers.
MLS
PARTICIPANTS WHO CHOOSE NOT TO SUBSCRIBE TO THE MLS IDX PROGRAM MUST COMPLETE
AN IDX AGREEMENT INDICATING THAT THEY HAVE ELECTED NOT TO SUBSCRIBE TO THE MLS IDX PROGRAM.