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Updated over 5 years ago on . Most recent reply

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Russell Brazil
  • Real Estate Agent
  • Washington, D.C.
30,269
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Bright MLS New Off Market Property

Russell Brazil
  • Real Estate Agent
  • Washington, D.C.
ModeratorPosted

Id like to hear everyone who is a member of Bright MLS (Maryland, Washington D.C., Virginia, Delewar, Pennsylvania, West Virginia, Baltimore, Philadelphia,) what your thoughts on the new off market policy is? For those who are not familiar it will basically require that a property advertised anywhere, Facebook, Instagram, email, yard sign, needs to be entered into the MLS within 24 hours or be fined $5,000. This will essentially be a huge clamp down on off market sales.

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Tim Miller
  • Rental Property Investor
  • Laurel, MD
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Tim Miller
  • Rental Property Investor
  • Laurel, MD
Replied

@Russell Brazil This is only for agents that subscribe to Bright MLS services? I think every agent should cancel their subscription. Who do they think they are? Off market deals are done because they don't want to deal with all the red tape and to save money.

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