Compass has opposed NAR's MLS policy since its introduction in 2019, with CEO Reffkin stating that the company provides alternatives like Private Exclusives. Compass has lobbied for the removal of policies it views as anti-competitive and has warned of legal risks associated with these rules. Despite official declarations, Compass prioritizes its own interests, allowing agents to operate based on local market conditions rather than national mandates. Reffkin highlights the potential for significant damages from future class actions related to these policies.
Compass voted against the policy in 2019 and has consistently acted to demonstrate its non-adherence through options like Compass Private Exclusives, offering broader choices for consumers.
Reffkin has lobbied NAR and local MLSs for the removal of what he calls anti-competitive and anti-consumer policies, highlighting significant legal risks for the industry.
Despite the formal declaration from NAR, Compass agents remain trained to comply with local MLS regulations, making decisions based on market conditions rather than national mandates.
Reffkin warns of significant legal risks from CCP-related rules, predicting potential class actions that could lead to substantial damages for the industry in future.
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