Are the days of the cooperative MLS sale numbered?

Hi Richard - I haven't seen this happen here, and our MLS requires an offer of cooperation. But it's a provacative issue to consider, and it would have major implications if it becomes a trend - certainly worth a discussion.

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Wow, does it say $0.00   I can't even imagine no offer to compensate.  

Richard, Haven't seen it here in Cincinnati or Dayton MLS, at least not yet.  It would almost seem that zero comp offer would lead to increased dual agency, and at some point there would seem to be a backlash against that to push the pendulum back towards cooperation.

Good morning Rich. I am not sure about moving away from the mutiple listing services helps anyone. In areas where this has been pervasive forever, like NYC and others, it is both the buyer and seller who suffer in my view. 

No offer to cooperate then no placement in our MLS. I hope it does not change because that is the model most of us work under.

The co-op fee must be included in the MLS listing report here, at least the last time I read the LONG guidelines.

I'm old fashioned.  I still believe that the more eyes that see a home for sale, the sooner it is likely to receive offers.

That said, there are many agents in this area who have no interest in sharing a commission.

That's their business and none of mine.  Tough though when a buyer/clint calls about a home for sale the saw (yard sign) and I find that there's no co-op.  The buyer then fully understands that we can make an offer but my fee will be paid by them and not through the co-op, although it will usually be covered by a buyer credit from the seller.  Most just pass.  They don't really want to "go it alone".  That warms my heart.

Interesting...I am not seeing this very often any more.  mOst of the time it had to do with agents that had huge amounts of foreclosed listings.

It is a dangerous way to do business.  What comes around.

I have not come across that yet and I sure I hope I don't. This is about our clients. Do what's right and that means cooperation. 

I have been doing flat rate MLS-only listings for 15 years now.  Sticking listings in the MLS for For Sale By Owners to get the exposure.  It used to be that Realtors did not understand these listings.  But now most people do.  With Zillow and Trulia surpassing Realtor.com as the #1 and #2 property providers, the writing is already on the wall.

Sounds like a MLS that does not know its own strength. Skirting your MLS contract in MRED would be fiancial suicide for a broker. Now many commercial brokerages have joined because they need exposure to 42,000 agents.

I really have not run into this as being too much of an issue in San Diego.  Most all listings that are in our MLS offer a co-op fee to the buyer's agent.  Unless I'm totally missing something, I think that our MLS is alive and well.