The real estate industry is undergoing a dramatic change and technology is leading the transformation. Consumers have felt the impact of more and more data breaches at high profile businesses and organizations. Currently, 46 states have enacted laws to help protect consumers’ personal information and Congress is considering a federal privacy mandate.
Most real estate businesses—associations, brokerages and MLSs keep sensitive personal information in their files, on their laptops and on other mobile devices. If personal information falls into the wrong hands, it can lead to fraud, identity theft or other serious harm.
NAR created a brand new data privacy and security resources page to help you learn more about this topic. New resources will be added throughout the year.