Many of you may be aware of or participated in discussions in recent weeks surrounding the so-called Clear Cooperation Policy proposed on the national level to address “pocket” listings and properties “coming soon” to market.
Recently, at the 2019 REALTORS® Conference & Expo in San Francisco, the NAR Board of Directors voted to implement new policy language – MLS Statement 8.0 – requiring brokers to enter listings into the MLS within one business day of marketing the property publicly. The policy does not prohibit office-exclusive listings, and only applies to association-owned MLS systems.
Accordingly, MLS PIN, as a broker-owned system, is not bound by the policy, but it may be considered by the MLS PIN Rules Committee in the near future. Read More.