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December 28, 2023

The Clear Cooperation Policy: A Tangled Web of Scandal and Privacy Breaches

  • The Clear Cooperation Policy, implemented back in 2020, had noble intentions to promote fair competition and ensure all brokers could show their listings to consumers.
  • However, coach Darryl Davis argues that in practice, the policy’s repercussions could well outweigh its benefits. Inspiration Inception moment: policy within a policy. Think about it!
  • For instance, it has resulted in difficulties in premarketing listings, with brokers unable to communicate with each other about upcoming sales. You know the hunt is on when the ‘Seek-and-You-Might-Find’ game unwittingly becomes ‘Hidden-and-No-Peeking’.
  • Moreover, the policy does not provide exceptions for private listings, such as a celebrity wanting to avoid crowds, leading to a lack of flexibility. Even Hollywood’s glamour doesn’t get a sausage here!
  • Lastly, Davis also brings up the breach in privacy for clients, since all listed properties must be openly shared. Our dear old friend, Private Ivy, might just pack her bags and go for a long vacation. Ain’t nobody got time for privacy!

Hot Take: The Clear Cooperation Policy – More Tangled Up than Clearing Things!

Jumbled policies and bamboozled brokers

Premature Panic or Justifiable Jitters?

It seems like the Clear Cooperation Policy has thrown more spanners in the works than anyone originally envisaged. For a policy aimed at promoting fairness and spill-the-beans kind of openness, we seem to be dealing with a lot more hush-puppy scandalous whisperings, and privacy breaches that would make a spy movie blush.

Navigating the real estate jungle was dicey enough without adding more loop-de-loops and nonsensical hurdles into the mix. I mean, come on, folks, it’s like trying to solve a Rubik’s cube while juggling chainsaws. Can we give these brokers a break?

Yes, the idea was to make things fairer and more transparent for every Jane, Joe, and their dog, but we seem to have traded that for a significant shot in the foot. Darn if you do, darn if you don’t seems to be the trending catchphrase here.

Private listings getting no leeway is like trying to shoehorn a sumo wrestler into skinny jeans – it just ain’t happening without a few rips and tears. The same goes for the concerning lack of privacy. With everything on display, it’s like a peeping Tom’s dream turned reality. Seriously, whatever happened to keeping the mystique alive?

But cheer up, folks! It’s not all doom and gloom. One man’s problem might just be another man’s solution. With a pinch of creativity, a spoonful of discretion, and perhaps a Hail Mary, the tide can still turn. And in the meantime, let’s keep the popcorn popping because this policy drama is getting seriously binge-worthy!


Original article: https://www.inman.com/2023/12/27/its-time-to-consider-eliminating-nars-clear-cooperation-policy/

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Martin Towers


Martin is an ex Real Estate Agent turned digital marketer and entrepreneur now specialising in helping Realtors all around the world

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