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Policy Playbook
Charting the Course for MLS
Splits and Caps Daily: Action for Agents
October 25, 2024
📈 Market Move:
Clear Cooperation Conversation Continues
The National Association of Realtors (NAR) advisory group is in full-on debate mode about the future of the Clear Cooperation Policy (CCP), which makes brokers post listings on the MLS within a day of public sharing. This rule, intended to keep the market transparent, has stirred up a mix of supporters, critics, and even interest from the Department of Justice.
Some say the CCP is essential to a fair market and could benefit from tweaks. Others feel it’s an overreach that risks legal issues and limits brokers' freedom. Today, a NAR committee is set to meet, where paths include everything from adjustments to a full-on overhaul. Decisions could go through various leadership layers or come directly from NAR's top brass. Stay tuned—this one's got big implications for MLS rules and the entire real estate playbook.
🌟Quote of the Day:
"Success is getting what you want, happiness is wanting what you get." – W.P. Kinsella
📊🤔 Agent Poll
If the Clear Cooperation Policy could only go one way, what would you choose? |
🎉 Fun Fact of the Day:
Rental with a View: The International Space Station costs NASA about $3 billion a year to "rent" space for astronauts. Who knew being a tenant in space was so pricey?
📚 Resource Recommendation:
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Want to level up even more? Hit the Agent Bookshelf for top reads, Agent Articles for real estate gold, and Agent Resources for the tools to boost your biz—go get it!
That’s all for this week! Keep your momentum strong, stay ambitious, and remember — every opportunity is a chance to level up. Let’s make it count!
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