Clear Cooperation: What It Means for You and Your Home Sale
April 22, 2025
April 22, 2025
There's been a lot of buzz lately about "Clear Cooperation" in the real estate industry. As someone who's been in this business for years – following in the footsteps of both my father and grandfather – I wanted to share my perspective on what this really means for homeowners in Morris County.
Clear Cooperation is basically a policy that requires real estate agents to share listings on the MLS (Multiple Listing Service) within a certain timeframe. The idea is to ensure all listings get maximum exposure. Sounds good in theory, right?
But here's my controversial take: I don't think Clear Cooperation should exist.
Now, before you think I'm advocating for secrecy in real estate transactions, let me explain.
In my experience, about 99% of the time, going on the open market through the MLS is absolutely the best strategy for sellers. Getting your property in front of as many qualified buyers as possible typically leads to the best price and terms. This is exactly what I recommend to nearly all of my clients.
But – and this is important – I believe homeowners should have the right to choose how they market their property. It's your home. It should be your decision.
There are rare scenarios where an exclusive, off-market approach might be appropriate:
High-profile individuals who value privacy over maximum price
Unique circumstances where discretion outweighs financial considerations
In our Morris County market, these situations are honestly few and far between. But they do exist, and that's precisely why I believe sellers should have options.
The deeper problem isn't about Clear Cooperation itself – it's about consumer awareness. Too many homeowners automatically trust that their agent will act in their best interest without doing proper due diligence.
As a homeowner, you need to:
Research your agent's track record
Understand their marketing strategy
Feel confident they're putting your interests first
Know that they can explain WHY their approach is best for you
If you've done this homework, then you can trust your agent to recommend the right marketing approach – whether that's maximum exposure through the MLS or a more targeted strategy.
Here's another perspective many consumers don't consider: Clear Cooperation policies often benefit platforms like Zillow more than they benefit you. While Zillow has an excellent user interface, their data accuracy often leaves much to be desired. They're primarily in the business of collecting and reselling your data – not necessarily serving your best interests.
I'm hoping that we see a shift where consumers move toward real estate websites and brokerages that actually prioritize accuracy and consumer interests over data collection.
For most sellers in Morris County, maximum exposure through the MLS is absolutely the way to go. But I firmly believe that decision should be yours to make, not one mandated by industry rules.
What matters most is working with an agent who:
Understands your unique situation
Can clearly explain your options
Has the experience to execute the right strategy
Puts your interests first, always
If you're considering selling your home and want to discuss the best approach for your specific situation, I'm always happy to share my perspective. With three generations of real estate experience in Morris County, I can help you navigate these decisions with confidence.