State Regulators Are Watching: Private Listings May Carry Big Risk for Agents

Private listing networks and state real estate license regulators - ARELLO

While the industry debates Clear Cooperation, buyer comp rules, and MLS policy shifts, state real estate regulators — the ones with enforcement power — are quietly stepping in.

In a recent post on her blog, former California DRE investigator and real estate compliance consultant Summer Goralik sounded the alarm: Private listings are drawing increased scrutiny, and state agencies are preparing to act.

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