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Compass updates seller disclosure form, clarifies off-MLS marketing

Housing Wire

Compass has put forth a revised version of its seller disclosure form to clarify how its three-phase marketing strategy works including when and how listings are shared with the public. The Compass 3-Phased Marketing Strategy Client Disclosure Form expands on a version first introduced in 2024.

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eXp Realty unveils seller disclosure form for delayed listings

Housing Wire

. “Seller choice is foundational, but choice without truth is a disservice, Leo Pareja , the CEO of eXp Realty , said in a statement. We believe the industry must lead with transparency, not tactics. To give every seller in America a clear view of whats at stake. Were not waiting for the industry to catch up.

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Nothing burger? Smart move? Industry reacts to NAR’s CCP changes

Housing Wire

But while Cantrell believes local MLSs will not be pleased with this added responsibility, Saul Klein, an industry veteran and the CEO of San Diego MLS , disagrees. Reffkin and Compass have been vocal critics of CCP and have called upon MLSs and industry professionals to push back against the policy by not enforcing it.

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NAR unveils new MLS options policy, leaves CCP in place

Housing Wire

NAR noted in the release that the policy was developed after many months of consultation with MLS and association leadership, brokerages, agents, multi-cultural organizations, and industry experts. Seller disclosure is required for both delayed marketing exempt listings and office exclusive exempt listings, the release added.

MLS
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NAR Keeps Clear Cooperation While Adding on a New MLS Policy

BAM Media

Today, after months of industry debate, the National Association of REALTORS (NAR) announced its decision regarding the Clear Cooperation Policy (CCP). A signed seller disclosure is required, confirming the sellers informed decision to waive immediate public marketing.

MLS
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How Long Are You Liable After Selling A House?

HomeLight

Below are a few examples of the types of liabilities you may face as a home seller: Breach of contract: If a seller backs out of a valid purchase contract , the buyer can sue for damages or breach of contract. A judge could order the seller to complete the sale and sign over the deed.

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Selling a House ‘As Is’ in Kentucky

HomeLight

Fast facts about selling a house ‘as is’ in Kentucky Median sales price in Kentucky $285,000 Average days on market (DOM) for Kentucky 13 days Disclosures Kentucky law requires sellers to disclose material facts about the property through the Kentucky Sellers Disclosure of Property Condition MLS has a field to mark a listing “as is”?