NAR’s new policy lets MLSs set a delay period before sellers and agents market properties publicly through IDX or syndication.
WASHINGTON — “Informed consumer choice” might well be a catchphrase for the National Association of Realtors® as it navigates an industry-wide dialogue about the options for marketing real estate listings.
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 gives 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.