The National Association of Realtors (NAR) is currently deliberating on its Clear Cooperation Policy (CCP), amid varying opinions from its members. Coldwell Banker has voiced a preference for reforming the policy rather than abolishing it. Lane, in her op-ed, warns that completely removing the CCP could lead to market monopolization, where certain brokerages restrict access to listings. With current housing challenges such as high prices and low inventory, the conversation becomes even more urgent. She advocates for a reformed CCP that allows flexibility while protecting consumer interests.
Lane expressed in her op-ed that eliminating the CCP policy could harm buyers and sellers, leading to brokerages hoarding listings instead of broadening access.
Lane highlighted that high home prices and mortgage rates make it crucial to keep access to listings available, advocating for reform rather than repeal of the CCP.
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