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Friday, May 1, 2020

Clear Cooperation Policy - effective 5/1/20

The MLS Clear Cooperation Policy (also known as NAR Policy 8) mandated by the National Association of REALTORS® was incorporated into the Columbus REALTORS MLS Rules & Regulations as Section 1.01 Clear Cooperation, effective May 1, 2020.

Section 1.01 - Clear Cooperation

"Within one (1) business day of marketing a property to the public, the listing broker must submit the listing to the MLS for cooperation with other MLS participants. Public marketing includes, but is not limited to, flyers displayed in windows, yard signs, digital marketing on public facing websites, brokerage website displays (including IDX and VOW), digital communications marketing (email blasts), multi-brokerage listing sharing networks, and applications available to the general public."

New Residential Listing Agreement

The Residential Exclusive Right to Sell Listing Contract and the Delayed Showing Authorization Form have been updated to clear up confusion about the "List Date" on the MLS and the "Commencing Date" on the Listing Agreement. This was exacerbated by the Office Exclusive listings in regard to Clear Cooperation. More info and forms (REALTORS® only).

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