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Real Estate Update March

On Tuesday, after months of deliberation and input from a wide range of stakeholders, NAR President Kevin Sears announced that the association’s Clear Cooperation Policy will remain in place. However, the NAR Leadership Team has introduced a new MLS policy statement that will work alongside CCP to give brokers the flexibility to meet the needs of selling clients while also supporting fair housing by providing buyers and their agents with equal access to MLS property information.

Both CCP and the new policy statement, Multiple Listing Options for Sellers, are part of NAR’s Handbook on Multiple Listing Policy, which guides REALTOR® associations in the operation of MLSs. The rules are designed to permit optimum service and efficiency in MLS systems.

What You Need to Know About Multiple Listing Options for Sellers

The Multiple Listing Options for Sellers policy statement was developed following many months of analysis and consultation with MLS and association leaders; brokerages of all sizes; agents; multicultural organizations; and fair housing, policy, technology and legal experts. It introduces a category of exempt listings called “delayed marketing exempt listings.”

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