T
he National Association of Realtors' (NAR) Leadership Team will now take up the issue of the Clear Cooperation Policy (CCP), with no specific date for resolution. The policy's future remains uncertain after the MLS Technology and Emerging Issues Advisory Board decided not to make a recommendation or take any action, instead passing feedback to the Leadership Team.
The board's decision was seen as a critical next step in evaluating CCP, which has been met with passionate opinions from various stakeholders, including top brokerage leaders and Zillow executives. The NAR will continue to assess the policy within the broader context of industry issues, taking into account ongoing litigation and DOJ investigations.
Meanwhile, the Council of Multiple Listing Services (CMLS) has expressed support for Clear Cooperation, but with modifications that preserve its spirit and effect. CMLS argues that CCP is a "big idea" that must be defended, as it maintains the integrity of the housing market. Without it, sellers would face higher costs, buyers would have limited options, and agents would struggle to access listings.
CMLS CEO Denee Evans emphasized the importance of a deliberate approach, stating that repealing CCP hastily is both reckless and unnecessary. Instead, NAR should evaluate proposed adjustments over a more deliberate timeframe, viewing CCP as an opportunity to fine-tune mandatory listing submission and preserve MLSs' unique role in the residential real estate market.
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