Does the CCP prevent my client from choosing to promote their home off the MLS?
No. Any homeowner can choose to promote their home without placing it on the MLS. In this case, the homeowner’s agent (the listing agent) is able to promote the home within their office. Private, off-MLS listings have remained an option for homeowners and their agents since the CCP was enacted four years ago.
Does placing my client’s home in the MLS automatically mean that it will appear on public home search websites and apps?
No. Your client has the choice to withhold their home from public display, and listing agents can ensure this by simply checking "No" on the "Display on Internet" Field in Navica. The listing will then only be seen by members of the MLS, and will not be available publicly.
Does you sell information about my client’s home when it is entered into the MLS?
No. However the South Padre Island Board of REALTORS® does occasionally license data to third parties under strict terms. All license fees are used to support our MLS system and local brokerage companies.
Does the CCP violate the National Association of Realtors Code of Ethics?
No. In fact, the CCP is an official policy of the National Association of Realtors. Some who oppose the CCP have made this argument, which has no basis in reality, in their effort to repeal or change the policy.
Is the CCP illegal?
No. Opponents of the CCP are using the threat of litigation to advance their own
agenda.
Why do some brokers and agents want to repeal or weaken the CCP?
Opponents of the CCP argue that the policy limits the choices homeowners have when selling their home. They also argue that placing a home for sale on the MLS can create “negative insights” — days on market and price reductions — that can be unfavorable to homeowners.
What happens if the CCP is repealed or significantly weakened?
It is impossible to know with certainty, but opponents have stated their intention to expand their use of private, in-house listings, or to promote listings publicly only on their own websites. This will mean that fewer listings will be readily available to buyer agents and their clients. It will reduce transparency and efficiency in our market and will concentrate transactions within a small group of large companies.
Who decides the future of CCP?
The National Association of Realtors, through its MLS Technology and Emerging Issues Advisory Board, or, ultimately, its leadership team, will determine whether the policy remains, is repealed, or is changed. The NAR has been gathering feedback on this issue for several months and has yet to indicate a firm date when it will decide this issue.
