With this week’s passing of the National Association of REALTORS Clear Cooperation or MLS Policy Statement 8.0, you might wonder how this policy compares to Bright’s Off-MLS policy and what it means for you.
First, Bright’s policy fully adheres to NAR’s policy. This means Bright is already in compliance with this new policy, and by following Bright’s policy so are you.
In addition, Bright led the discussion on NAR’s new policy, by adopting it early and customizing it based on market needs. Practically, this meant an important update to NAR’s policy from 24 hours to one business day, based on Bright’s reason that often administration staff who enter listings only work Monday through Friday.
Here’s a comparison of these two policies:
