Home / Business and Economy / NAR Approves Major MLS Policy Updates, Kicks Off 3-Year Transformation
NAR Approves Major MLS Policy Updates, Kicks Off 3-Year Transformation
18 Nov
Summary
- NAR conducts first-ever comprehensive review of MLS policies
- 18 recommendations to modernize MLS Handbook by 2026
- NAR's 3-year strategic plan aims to boost member value and industry trust
The National Association of Realtors® (NAR) has announced a significant overhaul of its Multiple Listing Services (MLS) policies, approving a series of updates that will be reflected in the 2026 MLS Handbook. This comes after NAR conducted a comprehensive review of its current MLS policies, the first such assessment in the association's history.
To review the findings and propose updates, NAR appointed a special advisory group comprising MLS executives, brokers, association executives, and industry partners. The group recommended a total of 18 updates focused on aligning MLS policies with the evolving real estate industry.
Alongside the MLS policy changes, NAR has also unveiled a 3-year strategic plan set to be rolled out starting January 2026. The plan, developed based on feedback from NAR's over 150,000 members, aims to deliver greater value to members, respond to the changing industry, and provide transparent metrics to hold the association accountable.
"NAR is rebuilding trust by executing the largest transformation in real estate history, and this Strategic Plan will be our road map," said Nykia Wright, NAR CEO. The plan includes 24 initiatives that members have identified as valuable to their membership experience, each with a dedicated staff member and target timeline for completion.
With these sweeping changes, NAR is positioning itself to better serve its stakeholders, which include members, partners, the real estate industry, and consumers. The association is committed to modernizing its practices and building a future-ready member experience.
