MLS Advisory Board Continues Evaluating Clear Cooperation Policy

Editor’s Note: This article first appeared in Realtor Magazine.

CHICAGO—The (National Association of Realtors) MLS Technology and Emerging Issues Advisory Board discussed the Clear Cooperation Policy during a regularly scheduled meeting that wrapped up Friday (Sept. 13).

The advisory board, comprised of MLS and broker executives, intends to reconvene in October to consider the rule further.

The Clear Cooperation Policy requires listing brokers to upload their publicly marketed listings within one business day to an MLS. The policy aims to promote healthy competition in the market.

The advisory board also reviewed feedback and proposals regarding the optional no-comingling rule and the brokerage back-office feed.

This week’s meeting included robust discussion and input from stakeholders, which is the standard process for reviewing potential MLS policy changes. The advisory board weighed a wide range of perspectives, including buyers, sellers and real estate professionals, as well as fair housing principles. Members of the NAR leadership team joined the meeting as guests.

NAR says it relies on the vast experience of its board and committee members and continues to gather their feedback.

Eliana Block is a business writer for REALTOR® Magazine. She can be reached at eblock@nar.realtor.

Reprinted from REALTOR® Magazine Online (http://realtormag.realtor.org), Sept. 16, 2024, with permission of the NATIONAL ASSOCIATION OF REALTORS®. Copyright 2024. All rights reserved.