Property Invests
Instead, the MLS Technology and Emerging Issues Advisory Board, which met last week to continue reviewing the contentious policy, "opted not to make a recommendation about CCP or take any other action," a spokesperson for the National Association of Realtors told Real Estate News on Monday.
"Through data sharing, we are broadening our members' access to crucial information and promoting a collaborative spirit that benefits the entire real estate community in Texas," Gilbert Gonzalez, CEO of the San Antonio Board Realtors, said in a press release.
While some may criticize platforms like Zillow or Realtor.com, not listing a home on the largest real estate portals is, in my view, a breach of fiduciary duty and could easily lead to Fair Housing violations by hiding inventory from certain buyers.
eXp Realty CEO Leo Pareja has also come out in support of the Clear Cooperation Policy, telling Real Estate News during a phone conversation that the MLS gives consumers and agents the most "liquid, accurate and complete data set" which is something that homebuyers and sellers in other countries don't have.