The real estate industry is undergoing significant changes, particularly with the National Association of REALTORS (NAR) adjusting its Clear Cooperation Policy (CCP). This policy aims to enhance marketing options for sellers, allowing local Multiple Listing Services (MLS) to determine aspects such as the duration of delayed listings and how market metrics are reported. The changes reflect a historical trend of innovation in real estate, emphasizing the need for real estate professionals to advocate for client interests amidst these evolving policies.
In 2019, NAR implemented the Clear Cooperation Policy to address concerns around pocket listings, emphasizing innovation to serve buyers and sellers better.
NAR has announced new flexibility in the Clear Cooperation Policy allowing sellers more choice in how and when their homes are marketed.
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