This week, Zillow Group and Redfin rocked the trade by banning listings that aren’t added to the a number of itemizing service (MLS) inside 24 hours of being publicly marketed. The insurance policies, which got here two weeks after the Nationwide Affiliation of Realtors introduced a brand new Delayed Advertising Exempt Listings (DMEL) for its Clear Cooperation Coverage (CCP), have led to mounting questions from brokers and brokers over the legality of and logistics behind the ban.
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Zillow and Redfin itemizing ban FAQ: What it’s essential know now
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