Prediction Markets & MLS Data
What is your company policy on employees using pending sales price data (which is most often only visible to MLS staff) to make event trades and/or sell it to others (1,2,3,4)?
Prediction markets briefly appeared in our February issue, but should now command your attention for an HR reason. The opportunity for employees to misuse confidential real estate market data is increasing as trading has opened on more real estate event markets. You can now place trades for the Los Angeles, New York City, Miami, San Francisco, D.C., Austin and Chicago markets. More markets are days away from launching. Don’t forget to include data manipulation.
This story originally ran in the Waffle MLS Newsletter. Interested in Markt? Contact us.
