"At Bright MLS, the nation's second largest MLS, a spokesperson said that the MLS has effectively had the MLOS policy as part of its system options for years. For nearly two decades, we have allowed subscribers to market properties according to their clients' directions, including the option to choose Internet No' in our system while marketing the property otherwise at the seller's instruction."
"Additionally, we removed the time limit on Coming Soon listings last summer to provide flexibility for the seller to choose when they're ready to show their homes to prospective buyers, a spokesperson wrote in an email. Bright MLS will continue to offer agents a range of options when entering a listing to best serve clients' diverse needs."
"While Everett said nothing is changing when it comes to the IDX yes/no option subscribers currently have in the WARDEX system, she did note that in conjunction with the Arizona Association of Realtors, WARDEX has updated and refined forms to ensure their system aligns with the MLOS policy. Under the MLOS policy, sellers must sign a disclosure that informs them of the risks they are assuming by not listing the property on the MLS."
Bright MLS has for years allowed subscribers to market properties according to client directions, including selecting Internet No while marketing properties otherwise. Bright MLS removed the time limit on Coming Soon listings last summer to give sellers flexibility about when to show homes. WARDEX permits limiting IDX marketing, often used when sellers have privacy or safety concerns. WARDEX and the Arizona Association of Realtors updated and refined forms to align systems with the MLOS policy. WARDEX added an MLS reminder prompting agents to confirm seller-signed disclosures before applying restrictions and is encouraging agents to review the policy and DMEL resources.
Read at www.housingwire.com
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