Howard Hanna in open rebellion against Clear Cooperation Policy
“We won’t pay the fines,” Hanna said. “We don’t think our agents should pay the fines if a seller has choice.
“What does that lead to, if we don’t pay the fines, then, okay, they’re going to say we can’t participate in the MLS? Well, is that really what they want to do? They want to have less inventory in the MLS? Do they want to destroy the MLS?”
Hanna has previously said his company was considering leaving the MLS due to NAR’s mandatory MLS policies.”
Maybe I’ve been watching too much basketball lately, but in my opinion, the concept of brokers wanting to change the rules because they have a new “novel” strategy is akin to an NBA team saying, “We don’t think that ‘shot clock’ is valid, so we aren’t going to follow it, and if you don’t change it, we are going to start our own league.”
Maybe not the best analogy, but as Sam DeBord elegantly stated in his LinkedIn post,
“The MLS ruleset is the lever that creates the marketplace for better seller outcomes. Like laws that make for an organized society, these rules create an organized marketplace that benefits those who participate.”
Mr. Hanna has every right to leave. If he has a better idea for what an MLS should be he should pursue it.
Love, love, love the graphic