This step in the organizational reshaping includes a staffing makeover that will impact 41 positions and eliminate 20 open roles that were redundant or that could be integrated elsewhere in the organization.
The annual Albany Lobby Day serves as a critical forum for real estate professionals to press legislators on issues that impact homebuyers, renters and property owners across New York.
The policy introduces a new category of exempt listings called “delayed marketing exempt listings.”
CHICAGO—Following what the association termed was an “in-depth assessment of the Clear Cooperation Policy (CCP)”, the National Association of Realtors announced earlier today (March 25) that while it is retaining the CCP, it is now offering a new policy, “Multiple Listing Options for Sellers,” to complement its existing MLS policies.
“Multiple Listing Options for Sellers” will exist in conjunction with CCP and other MLS policies to provide sellers and their agents more options and choice when marketing a property, while also supporting fair housing by providing buyers and their agents with equal access to important MLS property information, NAR officials stated.
The policy—developed following many months of consultation with MLS and association leadership, brokerages, agents, multi-cultural organizations, and industry experts—introduces a new category of exempt listings called “delayed marketing exempt listings.” The exemption will allow a seller the option to instruct the listing agent to delay marketing a listing through Internet Data Exchange (IDX) and syndication for a period of time. Each MLS (OneKey MLS in the HGAR market area) will have discretion to determine a delayed marketing period that is most suitable for their local marketplace.
During the delayed marketing period, the home seller and the listing agent can market the listing in a manner consistent with the seller’s needs and interests. At the same time, the delayed marketing exempt listing will still be available to other MLS Participants through the MLS Platform. Listing agents representing sellers who choose to delay the public marketing of their listing must secure from their seller a signed disclosure documenting the seller’s informed consent to waive the benefits of immediate public marketing through IDX and syndication. Seller disclosure is required for both delayed marketing exempt listings and office exclusive exempt listings.
NAR President Kevin Sears said, “NAR continually reviews its MLS policies to ensure they best serve its members and their consumers while also mitigating and avoiding potential legal risks. As such, NAR undertook a comprehensive review of CCP as part of our efforts to ensure home sellers and home buyers have the information and flexibility they need to make decisions that work for them. These policy changes allow for greater choice for sellers in marketing their properties while considering buyers' need to access information through MLSs. NAR is grateful for our members' engagement throughout this process, and we are pleased to have reached an outcome that balances the needs and perspectives of our diverse membership.”
Hudson Gateway Association of Realtors Chief Executive Officer Lynda Fernandez said, “NAR's decision to retain and enhance CCP by adopting the new Multiple Listing Options for Sellers will have positive repercussions for both buyers and sellers. Buyers will continue to have equitable, fair, and transparent access to listings while offering sellers more flexibility in how brokers and agents market their properties.”
“Multiple Listing Options for Sellers” is effective today, March 25, 2025, and must be implemented by Sept. 30, 2025, allowing for technical changes associated with this new seller option of delayed marketing exempt listings. Prior to local implementation, NAR encourages MLSs to consult with brokers and stakeholders in their market to get their input on the allowed time period for delayed marketing exempt listings.
The new policy does not change an MLS's local mandatory submission deadlines or CCP and its requirement to file a listing with the MLS within one (1) business day from public marketing.
NAR is also clarifying its policy interpretation that one-to-one, broker-to-broker communications about listings do not trigger CCP requirements. However, multi-brokerage communications about a listing will constitute public marketing under CCP.
Realtor Magazine reports that both the CCP and the new policy statement, “Multiple Listing Options for Sellers,” are part of NAR’s Handbook on Multiple Listing Policy, which guides Realtor associations in the operation of MLSs. The rules are designed to permit optimum service and efficiency in MLS systems.
To educate members on these changes, NAR launched new resources for “Multiple Listing Options for Sellers” on facts.realtor, which will be continually updated and augmented to meet member needs.
For an in-depth look at the decision to retain the CCP and further details of the new “Multiple Listing Options for Sellers” read the Realtor Magazine article “NAR Introduces New Flexibility for Sellers While Retaining Clear Cooperation Policy at: https://www.nar.realtor/magazine/real-estate-news/nar-introduces-new-flexibility-for-sellers-while-retaining-clear-cooperation-policy
This step in the organizational reshaping includes a staffing makeover that will impact 41 positions and eliminate 20 open roles that were redundant or that could be integrated elsewhere in the organization.
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Buyers paid 14.4% as a share of purchase price and $29,900 on average in 2024, up from 14.2% and $27,200 in 2023.
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