Real Estate & Home

NAR reaffirms MLS autonomy amid Compass-Redfin partnership

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The National Association of Realtors (NAR) reaffirmed that MLSs have autonomy in setting rules regarding listing statuses after Compass began marketing Coming Soon and private listings on Redfin. This decision underscores the importance of local discretion in real estate practices and emphasizes the need for brokers to comply with their respective MLS policies, highlighting the ongoing tension between innovative brokerage models and traditional MLS standards.

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