The saga among real estate brokers in the Chicago area took another turn when the Chicago Association of Realtors reversed its position on an all-in or all-out brokerage listing policy. The board of directors for the Multiple Listing Service of Northern Illinois approved a motion in early June to require that if a brokerage firm participates in the MLS service, all of its offices within the market area must participate. But last week, the CAR board of directors reversed its position on the policy and will cast its vote against the policy at the upcoming MLSNI board meeting. For the last several months, the MLS has been at war over what the organization can do with broker property listings. Some brokers would like to selectively have their listings published on the MLS while o...
Get Inman via Facebook Messenger
Our top headlines delivered once a day.