MLS Clear Cooperation policy (NAR)

[Mike Cumbie]

Personally not a fan of the new policy. If they want to dictate the "only" way to sell real estate perhaps they should make a flowchart so that it can all be done from overseas by call center representatives. I know of several agents who are rethinking being a member and moving to those state specific MLS systems.

Within one (1) business day of marketing a property to the public, the listing broker must submit the listing to the MLS for cooperation with other MLS participants. Public marketing includes, but is not limited to, flyers displayed in windows, yard signs, digital marketing on public facing websites, brokerage website displays (including IDX and VOW), digital communications marketing (email blasts), multi-brokerage listing sharing networks, and applications available to the general public. (Adopted 11/19)

Note: Exclusive listing information for required property types must be filed and distributed to other MLS Participants for cooperation under the Clear Cooperation Policy. This applies to listings filed under Section 1 and listings exempt from distribution under Section 1.3 of the NAR model MLS rules if it is being publicly marketed, and any other situation where the listing broker is publicly marketing an exclusive listing that is required to be filed with the service and is not currently available to other MLS Participants.

[Jay Hinrichs]

Originally posted by @Russell Brazil:

Its an antitrust violation in that it reduces competition in the market place by disallowing competing businesses structures.  Class actions are already being formed.....everyone is just waiting for the first fines to be given out over the new policy to substantiate damages.

Can a seller still dictate to agent that the listing is NOT to be put on MLS.. I see that in the luxury market all the time. and for sure commercial MLS etc.