For Christies International Real Estate, what is the purpose of obtaining an MLS Feed?
Christies_International_Real_Estate Franchise · 2025 FDDAnswer from 2025 FDD Document
- 21.10. "MLS Feed" means the local multiple listing service ("MLS") feed(s) obtained by you from one or more MLSs for selected geographic areas, in order to enable display of real estate listings for such areas.
5.12. Multiple Listing Services Data.
(a) The Responsible Broker will need a real estate brokers license(s) from the state(s) in which you do business. You may need to be a member of the state, local, and National Association of REALTORS®. You must be a member of the local or regional multiple listing services (MLS), and obtain a data feed, as we specify. You understand that if you fail to provide us with the information from your MLS, then you may not receive certain services or access to certain tools of the Computer System, including the Proprietary Software, and you will be in default under this Agreement. Therefore, in order to access all services and tools under the Computer System, and to remain in compliance with this Agreement, you must provide us with the approved data feed from your MLS. Notwithstanding the foregoing, you shall not be required to follow any National Association of REALTORS® Code of Ethics and Standards of Practice, or local MLS Rules and Regulations should those codes, standards, rules, or regulations potentially violate any state or federal antitrust or unfair competition laws.
- (b) You must provide us with a data feed from your MLS(s) that enables you, your agents, us, and our affiliates to display listings on the Internet for consumers to view online.
We may utilize this data feed for any reason, within the rules of the relevant MLS(s) or data feed providers, to run additional reports, aggregate information, track trends, or for any other allowed internal or public-facing marketing or data tracking initiative.
You understand and agree that you will be solely responsible for any initial and ongoing fees regarding your Business' MLS feed.
Such fees are based on local MLS rules.
- (ii) If, as part of our proprietary software/technology integration, MLS feeds are required, specific MLSs and MLS fees will be outlined in a separate written agreement. There may be an MLS implementation fee that will range from $5,000 to $10,000 per feed.
Source: Item 23 — RECEIPT (FDD pages 54–177)
What This Means (2025 FDD)
According to the 2025 Christies International Real Estate FDD, an MLS feed is obtained from local multiple listing services (MLS) for selected geographic areas. The purpose of this feed is to enable the display of real estate listings for those areas.
Christies International Real Estate requires that franchisees must provide them with a data feed from their MLS, which enables the franchisee, their agents, Christies International Real Estate, and its affiliates to display listings on the internet for consumers to view online. Christies International Real Estate may use this data feed for any reason, within the rules of the relevant MLS to run reports, aggregate information, track trends, or for any other allowed internal or public-facing marketing or data tracking initiative.
The franchisee is solely responsible for any initial and ongoing fees regarding their business' MLS feed, and such fees are based on local MLS rules. If MLS feeds are required as part of Christies International Real Estate's proprietary software/technology integration, specific MLSs and MLS fees will be outlined in a separate written agreement. There may be an MLS implementation fee that will range from $5,000 to $10,000 per feed. Failure to provide the MLS information may result in not receiving certain services or access to certain tools of the Computer System, including the Proprietary Software, and will be considered a default under the License Agreement.