Industry Relations CCP Musings
14 snips
Sep 20, 2024 The podcast dives into the latest on the Clear Cooperation Policy and its ongoing impact on the real estate market. The hosts dissect the challenges within the Multiple Listing Service (MLS) system, touching on issues faced by smaller associations and the evolving landscape of listings. They highlight the delicate balance between data sharing and privacy concerns, emphasizing the need for transparency. With potential live shows on the horizon, there's a palpable excitement for the future of real estate collaboration.
AI Snips
Chapters
Transcript
Episode notes
CCP's True Origin and Impact
- CCP's origin was MLS protectionism, not fair housing or consumer benefit.
- Despite this, CCP increased listing accessibility, like an invisible hand.
The CCP Repeal Dilemma
- Repealing CCP is complex due to its positive impact, but DOJ investigation poses significant risk.
- Big brokers' trust in NAR is low after the commission lawsuit.
A New MLS System
- Implement a primary marketplace system with waivers for private listings.
- This addresses privacy, seller convenience, and differentiation concerns.