The Clear Cooperation Policy isn’t going anywhere, at least not for now:

The MLS Technology and Emerging Issues Advisory Board opted not to make a recommendation about CCP or take any other action. But they did turn over the feedback they received to the NAR leadership team, who said they will consider it.

Any of the brokerages who dislike the policy are probably at least thinking about leaving NAR. Compass has been the most vocal opponent of the CCP, and our management has to be considering all the options right about now. New York City agents are not members of NAR, and there isn’t any law or regulation that insists on membership. It is a trade organization.

Are we willing to leave the MLS too?

It would be a gutsy move.

It is the only way to completely control our own destiny, because the class-action lawsuits will keep coming and NAR will keep making settlements on our behalf. It would be too big of a disruption to happen in the near term, but it seems like brokerages leaving the NAR and the MLS is inevitable.

The biggest change? I’d have to be Jim the Broker-Associate!

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Jim the Realtor
Jim is a long-time local realtor who comments daily here on his blog, bubbleinfo.com which began in September, 2005. Stick around!

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