The Value of the MLS 

In the midst of tremendous change and turmoil in the industry, IRES firmly believes in the value of the MLS for real estate professionals including buyers, sellers and real estate brokers.   Listing Exposure   The MLS enables broader exposure for all listings. From a listing perspective, this increases exposure and the chances of securing competitive offersContinueContinue reading “The Value of the MLS “

Who is Responsible for the Compliance with the NAR Settlement?

In a word, IRES. While we prepare for the implementation deadline for the new rules supporting the changes in the NAR settlement, IRES is making changes to our Rules and enforcement process.  IRES approaches all compliance in an educate first, fine second manner. That said, the implications of not following the terms of the settlementContinueContinue reading “Who is Responsible for the Compliance with the NAR Settlement?”

What Policy Changes are Required by the MLS to be in Compliance with the NAR Settlement?

Eliminate and prohibit any requirement of offers of compensation on an MLS between listing brokers or sellers to buyer brokers or other buyer representatives.  Retain, and define, “cooperation” for MLS Participation.  Eliminate and prohibit MLS Participants, Subscribers, and sellers from making any offers of compensation on an MLS to buyer brokers or other buyer representatives.  Require an MLSContinueContinue reading “What Policy Changes are Required by the MLS to be in Compliance with the NAR Settlement?”

Important Considerations Relating to the NAR Settlement

There are many things to consider when adapting to the new practice changes. One important and in-depth resource is NAR Settlement FAQs. IRES recommends you also rely on your brokerage leadership, counsel, CAR, and/or DORA for all questions regarding representation agreements.  What if I am not a REALTOR®? IRES Rules, updated as necessary to complyContinueContinue reading “Important Considerations Relating to the NAR Settlement”

June MLS Subscriber Requested Changes

Thank you subscribers, for your input and feedback to help improve the MLS. Property Explorer: Popular Search Inside Property Explorer’s Popular Search section, we have added 1 and 2-year options to the List Date and Off Market Date dropdowns for easy access to quick dates. Add/Edit: Coming Soon The 8-day restriction for Coming Soon listingsContinueContinue reading “June MLS Subscriber Requested Changes”