The Royal PalmCast

Short Takes: NAR's Clear Cooperation Policy on the MLS

August 04, 2020 Jim Sanville Episode 19
The Royal PalmCast
Short Takes: NAR's Clear Cooperation Policy on the MLS
Chapters
The Royal PalmCast
Short Takes: NAR's Clear Cooperation Policy on the MLS
Aug 04, 2020 Episode 19
Jim Sanville

Florida Gulf Coast MLS Director Matt Magowan and Cindy Cornman explain the NAR Clear Cooperation Policy in the Short Takes episode. The rule was adopted by the National Association of Realtors May 1, 2020, and is designed to ensure that cooperation and compensation protocols are followed by real estate professionals throughout the U.S. As a result, so-called "pocket listings" are no longer allowed and a fully executed listing agreement must be added into the MLS within one business day after marketing it to the public. Host: Jim Sanville. Producer: Jerry Johnson.

Show Notes

Florida Gulf Coast MLS Director Matt Magowan and Cindy Cornman explain the NAR Clear Cooperation Policy in the Short Takes episode. The rule was adopted by the National Association of Realtors May 1, 2020, and is designed to ensure that cooperation and compensation protocols are followed by real estate professionals throughout the U.S. As a result, so-called "pocket listings" are no longer allowed and a fully executed listing agreement must be added into the MLS within one business day after marketing it to the public. Host: Jim Sanville. Producer: Jerry Johnson.