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We’ve created three new videos to help you understand the changes to the Rules of Cooperation that’ll take effect on November 1. The changes range from minor modifications to new rules and a new form.
The Rules of Cooperation govern members’ conduct and obligations to each other in their business.
These changes are in response to member feedback and requests we’ve received over the past several years.
What’s changing?
The most significant changes are in Section 3 — Listings and Section 4 — Offers. A new form, the Direction Regarding Presentation of Offers form, will be required if the seller has instructions to delay offer presentations and/or to specify whether a buyer’s agent can attend the offer presentation.
Other changes deal with attachments to listings, like documents and photos, contingent listings, showings, title searches, and manufactured/modular homes. Changes in other sections affect offers and presentations, sales reporting, open houses and showings, signage, and lockboxes.
Resources to help you learn these changes
New videos
Rule 3.22 Member Access to Listed Properties – https://youtu.be/FY0YaEy7AAw
Rule 3.26 Title Seaarches and Rule 3.12 Consent to Post Documents – https://youtu.be/S2Dc3ZgQGzw
Rule 4.02 Presentation of Offers – https://youtu.be/HhHdooKnW0E
Rule 5.01 Reporting Sales – https://youtu.be/GBoPYjf0pyQ
Rule 7.02/7.03 Reference to Commission/Disclosure of Reduced Commission – https://youtu.be/syObUNEACtk
Rule 8.01 Advertising – General – https://youtu.be/BmFVsLt2KLE