The National Association of Realtors (NAR) is now offering three new resources designed to clarify MLS policies.
Two of the resources are aimed at MLSs that allow users to select and filter listings in IDX and virtual office website (VOW) displays. That policy works in conjunction with NAR’s MLS policy 8.5, which prohibits MLSs from allowing users to filter MLS listings based on the existence or level of cooperative compensation or the name of a brokerage and/or agent.
The third resource is geared toward brokerages and explains when a one-to-one, broker-to-broker communication would and would not trigger NAR’s Clear Cooperation Policy.
NAR’s Senior Director of Engagement Rodney Gansho stated the resources are meant “to support consistent policy implementation across the industry and promote a clear understanding of how NAR’s policies and guidelines are intended to operate.” He added the resources will empower NAR members “with a centralized market system that provides sellers with broad market exposures and buyers with all the available properties for sale.”
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