In a Nutshell
At the 2017 REALTOR® Conference and Expo, the NAR Board of Directors approved revisions to MLS Policy Statements 7.42/7.43 (aka “MLS of Choice”) that requires all MLSs operated by REALTOR® Association(s) to provide a waiver of subscription fees for any licensee who meets the following two criteria:
1. The licensee does not use the MLS’s services.
2. The licensee already subscribes to a different MLS under their principal broker.
The New Rules
By July 1, 2018, all MLSs must adopt the following language as part of their local MLS rules.
(Underscoring identifies additions;
strikethroughs are deletions)