Today (March 25, 2025), the National Association of REALTORS® (NAR) announced a new policy which has been developed over many months of consulting with MLS and association leadership, brokerages, agents, multi-cultural organizations, and industry experts. The new policy, “Multiple Listing Options for Sellers,” will complement its existing Multiple Listing Service (MLS) policies. “Multiple Listing Options for Sellers” will exist in conjunction with Clear Cooperation Policies (CCPs) and other MLS policies to provide sellers and their agents more options and choice when marketing a property, while also supporting fair housing by providing buyers and their agents with equal access to important MLS property information.
The policy will allow consumers to categorize a listing as “delayed marketing exempt listings.” The purpose of the exemption would be to delay marketing through an Internet Data Exchange (IDX) such as an MLS. NAR went on to provide details on the exemption period in their press release on March 25, 2025:
During the delayed marketing period, the home seller and the listing agent can market the listing in a manner consistent with the seller’s needs and interests. At the same time, the delayed marketing exempt listing will still be available to other MLS Participants through the MLS Platform. Listing agents representing sellers who choose to delay the public marketing of their listing must secure from their seller a signed disclosure documenting the seller’s informed consent to waive the benefits of immediate public marketing through IDX and syndication. Seller disclosure is required for both delayed marketing exempt listings and office exclusive exempt listings.
The policy aims to provide balance between exclusivity and visibility. “Multiple Listing Options for Sellers” is affective as of March 25, 2025 and must be implemented by September 30, 2025 to grant time for technical changes needed to implement the new option of delayed marketing exempt listings.
Intermountain MLS is currently reviewing the new policy and will release additional details about the extension period as soon as it is available. We ask members to remain patient while these policies are reviewed and implemented. Please refrain from calling the Intermountain MLS about the new policy until additional releases have surfaced.
In the interim, you can review FAQs about the new policy here.
