NAR's new MLS policy gives sellers more flexibility in listing their homes, but it also continues to spark conflict within the industry. The introduction of the Clear Cooperation Policy in 2020 sparked controversy, especially around pocket listings and the balance between transparency and seller control.
Now, with the latest policy update, the National Association of REALTORS® is aiming to address these conflicts while still providing fair access to the MLS. Join host Kathy Fettke as she dives into the history of these policies, the conflict they’ve created in the industry, and what the new flexibility means for sellers and real estate investors moving forward.
00:00 NAR's New MLS Policy
00:37 Clear Cooperation Policy
01:14 Debate about Pocket Listings
01:55 Clear Cooperation Policy Debate
02:58 Multiple Listing Options for Sellers
03:44 Sellers Disclosure Agreement
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Sources: 1. https://www.nar.realtor/magazine/real-estate-news/nar-introduces-new-flexibility-for-sellers-while-retaining-clear-cooperation-policy) 2. https://finance.yahoo.com/news/the-real-estate-world-is-fighting-over-secret-listings-and-the-future-of-how-homes-are-sold-123021108.html) 3. https://finance.yahoo.com/news/realtor-group-releases-new-policy-designed-to-settle-fight-over-secret-home-listings-165208854.html)
