Held July 30-August at Inman Connect Las Vegas. On January 1, 2024, the noise and misinformation will be cut away, all your big questions will be answered, and new business opportunities will be revealed. join us.
The Pulse is a recurring column in which we ask our readers what they think on a variety of topics in a weekly survey and report our findings.
While you may now know that one of the results of the Commission litigation settlement was an end to the publication of cooperative indemnities on NAR-affiliated MLSs, you may not realize that there is still much debate over whether, where, and how indemnification is provided.
In May, Justice Department attorney Jessica Leal said: “We believe that claims for compensation should not be brought anywhere, especially in the MLS.” More recently, Jason Abrams, director of industry and learning at Keller Williams, said : “Sellers can still decide to offer co-op compensation exclusively and can market anywhere other than the MLS. This may include newsletters, newsletters, carriers, etc. or the broker or agent’s own website.
via GIPHY
So, since we’re here to just address that, let’s do it together: If you’re going to offer cooperative compensation on behalf of a seller, where are you going to do it? Do you update your website with each new listing? Will you communicate one-on-one with a buyer’s agent? Do you send emails or text messages? Are you looking for other solutions, or does your MLS offer alternatives? Please tell us below:
We will compile a list of top responses and post them on Inman next Tuesday.
