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.
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.