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Under the new policy, NAR has created a new category of exempt listings known as “delayed marketing exempt listings.”

“The exemption will allow a seller the option to instruct the listing agent to delay marketing a listing through Internet Data Exchange (IDX) and syndication for a period of time,” NAR noted in its release.

According to NAR, each MLS will have the ability to determine its own delayed marketing period. During this time period, the seller and the listing agent will be able to “market the listing in a manner consistent with the seller’s needs and interests.” However, during this period, the listing will still be able to be seen by other MLS participants through their MLS platform…READ MORE