Editor’s Note: This is part of a monthly video series from the National Association of REALTORS® to inform and educate members about important aspects of being a real estate professional. Watch for this series each month in RISMedia’s Daily Real Estate Advisor.
Effective May 1, 2020, all multiple listing services will require that a listing is submitted to the MLS within one business day of the listing being publicly marketed. Watch the latest Window to the Law video from the National Association of REALTORS® (NAR) to hear the rationale behind this new Clear Cooperation policy, how it will affect you, and why the new rules create a more efficient, pro-competitive marketplace that benefits buyers and sellers.
Window to the Law: Understanding the MLS Clear Cooperation Policy
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I have written direction from my client that their property is not to be listed on MLS. Is this therefore excluded from this policy?