As of July 1, the changes to NAR’s MLS Policy Statement 7.42 and 7.43 (collectively referred to in the industry as “MLS of Choice”) go into effect.
These changes have been the subject of much discussion in the real estate industry, particularly in the MLS and Association world. And yet, even some of the most informed MLS leaders still don’t know exactly what to expect once the MLS of Choice policies go into effect. Brokerage and tech company leaders, for the most part, have not paid all that much attention.
Fact is, entire industries are born out of loopholes in policies, where taking advantage of loopholes means meeting customer needs or wants. So, in keeping with our theme of making it easier to observe, orient, decide and act, we give MLS of Choice the unique Red Dot treatment this month.