The concessions field problem that breaks pay-for-listing data models

Metering who uses listing data is an engineering problem with engineering answers. Deciding what a contributed listing is worth is not, and the difficulty sits in the field definitions rather than in anybody’s policy. The proposal itself is sound, and it is gaining ground. Meter extraction, credit the organizations that supply the data, and reward the brokerages that send more of their eligible inventory into the system rather than less. Paper agreements stop working the moment data leaves the system, and an incentive attached to the record travels wherever the record goes.A contribution model based primarily on listing counts risks rewarding volume rather than the completeness and usefulness of the information. That is the obvious unit, and it is the wrong one, because two listings entered on the same morning by the same brokerage can differ by the only thing a valuation needs. Take the field that decides the most money The RESO Data Dictionary permits three answers to whether a closed sale carried concessions: yes, no and call listing agent. The ‘Concessions Amount’ sits beside it as a number field, ‘Concessions Comments’ as free text. All three belong to the closing group, which...