After discussions with many agents, brokers, MLS executives and industry consultants the National

Association of Real Estate Professionals (NAREP) has concluded that since their data is provided by our

industry, our industry has a right to set guidelines for it use. To address this need for guidelines NAREP

has developed the Real Estate Professional’s Bill of Rights.

Publishers who comply with this Bill of Rights will receive NAREP’s accreditation which they will

prominently display on their website to signify their adherence. Industry members will know their data

will be respected and consumers will know the information is accurate and current. Publishers not

complying with the Bill of Rights will not be accredited and will risk losing listing data because brokers

will then have a valid reason, which sellers can easily understand, for not sending their listing data to

non-accredited publishers. NAREP believes that sellers will not be eager to have their home information

displayed on non-accredited websites that refuse to comply with guidelines that ensure a quality

experience for buyers or that do not respect their home’s information.

As a valued and respected member of the real estate industry you are among the first to receive this

draft, a copy of which is attached. The Bill of Rights may also be viewed at www.narep.net. During this

comment period you are invited to send your comments to Ben Caballero, NAREP’s founder and

chairman at comment@narep.net. The comment period will end February 15, 2013 after which an

analysis of all feedback will take place. All appropriate changes will be made and published for adoption

by brokers and MLSs. There will be a transition period for adoption and for publishers to adjust their

business practices to ensure the continued flow of data.

Accredited publishers will benefit by diffusing the mounting backlash from agents, brokers and MLSs

that has fueled the data strikes that began in 2011 and accelerated in 2012. Better industry relations

would increase cooperation and help to ensure the continued flow of valuable content so critical to their

businesses. Accredited publishers' credibility would benefit from the adoption of the Bill of Rights

because by doing so they would be addressing the growing concerns of consumers who are becoming

increasingly aware of the time they waste on publishers' websites wading through duplicate listings only

to find homes they are interested in are not for sale.

NAREP is a non-profit corporation organizing as a 501(c)(6) non-profit trade association under the IRS

code. It was formed to address the widespread backlash among real estate professionals who are

frustrated with controversial practices by a growing number of real estate marketing websites. NAREP is

overseen and managed by people who truly understand real estate, licensed real estate professionals.

Sincerely,

Ben Caballero Founder and Chairman National Association of Real Estate Professionals, Inc. (214) 997-1229 | (214) 616-9222 mobile

ben@narep.net | www.narep.net