MLS Participants - Exhibit B
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Exhibit B to the Final Judgment addresses the issue of who can participate in the MLS. Having a broker license is not sufficient. There are now key words such as "actively endeavors" during the operation of its real estate business to make or accept offers of cooperation and compensation. A broker who only takes the MLS feed to attract consumers to refer them to other brokers will no longer qualify for MLS membership.
How will this affect current users of the MLS? Will referral only companies who want the MLS feed find ways around this new requirement?
http://internetcrusade.com/DOJ_VS_NAR/DOJ_ExhibitB.pdf
http://www.realtown.com/about/resources/InternetListingDisplayResource/FinalJudgmentSummary
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