Jeff’s Corner: Nearing 5 Years with Clear Cooperation Policy

CCP It’s hard to believe, but NAR’s Clear Cooperation Policy (CCP) turns five this May.  CCP has been the topic of much controversy since it was adopted, with high profile lawsuits, DOJ inquiries and countless blogs, videos and debates on conference stages around the country on this topic. I expect CCP to remain in theContinueContinue reading “Jeff’s Corner: Nearing 5 Years with Clear Cooperation Policy”

February 2025 Stat Shot

As we enter a new year in our constantly evolving industry, we’re introducing ‘Stat Shot’ to present important data on the current state of the market. It’s also a reminder that you have tools available at your fingertips that provide a wealth of data to help serve your clients.   Closed Residential Units This month, we’reContinueContinue reading “February 2025 Stat Shot”

2024 Letter from CEO Jeff Bosch 

MLS and the Changing Real Estate Landscape  We’re in the closing weeks of a tumultuous year for real estate. All of us here at IRES hope that for our subscribers, this has been background noise for you while serving clients, selling properties and enjoying professional success.  There is good news for us to consider asContinueContinue reading “2024 Letter from CEO Jeff Bosch “

2024 Wrap Up

As we approach the end of 2024 and the start of the holiday season, we would like to take a moment to reflect on our remarkable journey and achievements throughout the year. We made it a priority to listen to what our subscribers need and make improvements that allow you to do your job moreContinueContinue reading “2024 Wrap Up”

Our Promise to IRES Subscribers

We recognize that it’s a time of unprecedented disruption in our industry, especially here in Colorado. Every day seemingly brings new changes in the MLS landscape or more debate over rules and roles for real estate professionals, to say nothing of the cyclical ups and downs of real estate.   The IRES Board of Managers metContinueContinue reading “Our Promise to IRES Subscribers”

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”

Changes are coming to IRES MLS on or before August 15th, 2024!

Changes are coming to your MLS in response to the NAR settlement. Paramount to this transition is for all of us to understand that allegations of commission steering were at the heart of this litigation. Anything that creates the appearance of a system of multi-broker commission sharing network could bring liability on both brokers andContinueContinue reading “Changes are coming to IRES MLS on or before August 15th, 2024!”