HENDERSON, Nev. - The Council of Multiple Listing Services (CMLS) has submitted a letter of support for the proposed Multiple Listing Services (MLS) Policy Statement 8.0, currently under consideration by the National Association of REALTORS® (NAR) Multiple Listing Issues and Policies Committee.
"As the organization that serves to advance multiple listing services through collaboration, CMLS gathered feedback and promoted conversations to explore the implications and opportunities of Policy Statement 8.0," said Denee Evans, CEO of CMLS. "CMLS believes that cooperation between real estate professionals on a shared platform is in the best interest of MLSs, brokers, consumers, and organized real estate as a whole."
Based on industry feedback, CMLS recommended an amendment to the proposal delaying the implementation deadline of March 1, 2020 to May 1, 2020. This will allow MLSs and their membership to engage the local market and evaluate best practices.
The Committee will meet in San Francisco on Saturday, Nov. 9, to debate and vote on the policy. CMLS has collected industry resources on the proposal and published them to foster informed discussions and educated decisions.
The Council of Multiple Listing Services (CMLS) is an association of over 200 MLSs committed to high standards of professionalism and performance. It was formed as a premier forum, advocate and resource in 1957 and has since evolved into a volunteer-led organization that is responsible for bringing the real estate industry together to build a better marketplace.