Stellar MLS Policy and Procedure NAR Updates

August 2, 2024

Stay in the Know with Stellar MLS!

The National Association of REALTORS® (NAR) has agreed to resolve nationwide claims brought on behalf of home sellers concerning the MLS Cooperative Compensation Model rule. The terms of the settlement agreement require covered MLSs to adopt and enforce a new set of rules.


Consequently, Stellar MLS must update our policies and systems to align with these updates, including complete removal of any/all references to compensation from the MLS system, the requirement to use a buyer brokerage agreement prior to showing a property, optional addition of a field to note seller concessions to the buyer, and strict enforcement of misuse of MLS content to enable a separate platform for sharing compensation.


Stellar MLS is proud to support you in the important work you do! We work diligently to keep you informed on how these changes will impact your business and ours. Together, we can successfully navigate the new updates and processes! We have compiled our Stellar Special Edition Newsletters here, for you to review at any time, and to stay in the know with Stellar!


First Special Edition Newsletter Second Special Edition Newsletter Third Special Edition Newsletter Fourth Special Edition Newsletter Fifth Special Edition Newsletter

Learn more about updates to Stellar MLS's policies and procedures by visiting our comprehensive landing page here!

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