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The National Association of Realtors’ Clear Cooperation Policy is the most hotly debated rule in the real estate industry right now, but it is nowhere to be seen at the trade group’s largest annual event.
At the end of a committee meeting of multiple listing service executives at NAR NXT in Boston Saturday, a staffer read out a question from the audience: “Why aren’t we talking about Clear Cooperation? Everybody’s talking about Clear Cooperation, but we’re not talking about it.”
The query highlighted a conspicuous omission from the event’s agenda. The CCP, which requires listing brokers to list properties in Realtor-affiliated MLSs within one business day of publicly marketing them, burst into the limelight following rule changes due to NAR’s settlement of multiple antitrust lawsuits.
Passionate detractors and backers of the pocket listing rule have been duking out its pros and cons for months. NAR’s MLS Technology and Emerging Issues Advisory Board met twice before the conference to consider changes to the rule before ultimately deciding not to recommend any changes and handing the issue over to the eight-member NAR Leadership Team.
Rodney Gansho
Asked why the Clear Cooperation Policy was not up for discussion at NAR NXT, NAR’s director of engagement, Rodney Gansho, told Inman in an interview, “We’re not moving forward with a recommendation, so what would be the point of that?”
Gansho said NAR already had “an avenue to gain feedback” and had been meeting with “various stakeholders.” Asked what that avenue was, Gansho said anyone with feedback could reach out…