Effective in Utah - February 1, 2020
At the National Association of REALTORS® (“NAR”) Annual Governance Meetings in November, the NAR Board of Directors passed a new “Clear Cooperation Policy” which MLSs are required to adopt.
The policy states that if a property is publicly marketed (via websites, a yard sign, social media, email blasts, etc.), a listing for that property must be added to the MLS within one (1) business day of the first public marketing of that property.
An MLS Listing Exclusion Form can be used in one of the two situations:
(1) If the listing is an Exclusive Office Listing, which is a listing that, pursuant to the instructions of the Seller, is not publicly marketed, not submitted to the MLS, and not included in the MLS Compilation.
(2) If a listing is temporarily being withheld from the MLS because the listing is not available for marketing and showings.
In either scenario, a property cannot be publicly marketed while an MLS Listing Exclusion Form is in effect.
Effective February 1, 2020
“Clear Cooperation & Public Marketing. Within one (1) Business Day of marketing a property to the public, the Listing Broker must submit the Listing to the MLS for cooperation with other MLS Participants. Public marketing includes, but is not limited to, flyers displayed in windows, yard signs, digital marketing on public facing websites, brokerage website displays (including IDX and VOW), digital communications marketing which includes email blasts, multi-brokerage listing sharing networks, and any other applications available to the general public.”
Send a copy of the public advertisement (Photo, screen shot or URL, email, flyer, etc.) along with the property address to memberservices@utahrealestate.com.
Please send any feedback or questions to feedback@utahrealestate.com.