The National Association of REALTORS® Board of Directors in May approved a policy requiring submission of addresses for all listed residential properties. This policy, recommended by the Multiple Listing Issues and Policy Committee, is consistent with the tenets of the MLS: efficiency, transparency, and collaboration.
The policy goes into effect January 2022 and reads: “the property address for all residential listings filed with the MLS must be disclosed and available to MLS participants and subscribers at the time the listing is submitted to the MLS. Where an address does not exist, a parcel identification number or legal description of the property’s location must be filed with the MLS.”
NAR will revise the internet data exchange and virtual office website policies and model MLS rules to reflect the new policies.
Additionally, the NAR Board of Directors approved a policy change allowing participants and subscribers to display sales data publicly. The policy still allows for MLSs in Texas and other non-disclosure states to prohibit display of the sales price in IDX and VOW data feeds.