Internet Data Exchange, or IDX, is a standard set of rules and policies for displaying Multiple Listing Service listings online. IDX enables participating real estate agents to share information, including listings and pricing, with other real estate professionals. It allows users to search for real estate properties on several websites. IDX users include buyers and sellers of homes, condos, and new development. You can learn more about IDX in this free guide. But in general, IDX helps real estate professionals showcase their listings in websites.
Through IDX, participating brokers can authorize their agents to display their listings on their own websites, as long as they follow the rules set out by IDX and the Board of Realtors. For this, participating brokers need to sign an Associate Authorization Form. Websites that wish to display free MLS searches must also comply with the rules and request permission from participating brokers. For MLS-compatible websites, IDX data will appear with a link to the participating broker’s website.
Internet Data Exchange is accomplished using smart-frame solutions. These solutions protect MLS information, while ensuring that all information is displayed uniformly. The information that a user displays is controlled by IDXS, as well as state law. It is also important to note that IDXS does not provide information that is subject to a fee waiver. That way, users can avoid unauthorized information dissemination. This way, everyone benefits from the power of MLS.
Internet Data Exchange is important for both the consumer and real estate agent. This allows consumers to easily access property information from a variety of sources. For example, Canopy MLS allows participating agents to display MLS listings on their websites. The program is not limited to real estate agents – even small companies can participate in the program. If a real estate agent does not have their own website, their listings cannot be displayed on the other member’s site.