The real estate industry is currently facing a new point of contention following the implementation deadline for business practice changes outlined in the National Association of Realtors’ commission lawsuit settlement agreement. The focus has shifted to NAR’s Clear Cooperation Policy (CCP), which is part of the mandatory MLS policies.
Key elements of the text include:
– Aug. 17 implementation deadline for business practice changes
– National Association of Realtors’ commission lawsuit settlement agreement
– Focus shifting to NAR’s Clear Cooperation Policy (CCP)
– CCP being part of mandatory MLS policies
– Industry grappling with implications of CCP on business practices and real estate transactions.
Industry experts are closely monitoring developments surrounding CCP and its potential impact on real estate operations. As the real estate landscape continues to evolve, stakeholders are advised to stay informed on regulatory changes and policy updates to ensure compliance and efficiency in their business practices.
You can read this full article at: https://www.housingwire.com/articles/looking-for-clarity-in-the-clear-cooperation-debate/(subscription required)
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