Under the NAR and Department of Justice (DOJ) settlement, Paragraph 58 introduced specific practice changes to increase transparency and competition in the real estate market. Comi$h is fully compliant with these requirements.
Offers of compensation to buyer brokers are not mandatory for MLS listings.
MLS platforms are restricted from disclosing commission offers, but independent third-party platforms such as Comi$h can legally facilitate transparent commission communication.
Comi$h is a third-party application with no direct relationship with MLSs, ensuring compliance with the terms of the settlement.
Comi$h is NOT affiliated with the National Association of Realtors (NAR), any MLS, real estate franchises, or agencies.
By leveraging independent platforms like Comi$h, real estate professionals can remain compliant while maintaining transparency in commission disclosures.
Understanding Paragraph 58 and Its Impact
Key Settlement Points
NAR cannot create or facilitate non-MLS mechanisms for compensation disclosures.
Agents and brokers must comply with specific paragraphs (58(vi)-(x)) to be considered "Released Parties."
Off-MLS commission offers are explicitly allowed under Paragraph 58(xiii).
Major real estate franchises and brokerage agreements emphasize transparency in compensation disclosure.
How Comi$h Aligns with NAR Compliance
Comi$h does not create or facilitate non-MLS compensation mechanisms on behalf of NAR.
Comi$h operates independently and does not rely on MLS data.
Comi$h enables brokers and agents to demonstrate compliance with NAR regulations.
Comi$h provides a lawful communication tool that aligns with transparency requirements.
Anti-Steering Policy
Comi$h strictly prohibits any form of steering.
Steering, as defined by the Fair Housing Act (FHA), is the illegal practice of influencing buyers or renters toward or away from specific neighborhoods based on race, ethnicity, religion, gender, familial status, disability, or other protected characteristics.
Comi$h does not support or tolerate any practices that violate federal, state, or local fair housing laws.
Any user found engaging in steering practices will be banned from Comi$h, and violations may be reported to the appropriate regulatory authorities.
Legal and Dispute Resolution
Comi$h is a U.S.-based platform and operates in full compliance with federal and state regulations.
Any disputes arising from the use of Comi$h shall be resolved through binding arbitration in the state of New Jersey.
Commission Statement
Comi$h does not facilitate nor guarantee any form of compensation payments, nor does it endorse practices that violate real estate regulations. All compensation is directly made through each respective parties representing both buyer and seller. The listing agent and buyers agent must adhere to their respective brokerages policies for compensation. Comish serves as an independent information-sharing tool that aligns with the latest legal and regulatory frameworks established by the NAR settlement.
NAR Settlement Additional details: Read our NAR FAQ SECTION https://comish.io/nar-settlement/ or refer to NAR’s settlement links https://www.nar.realtor/the-facts/nar-settlement-faqs or https://www.nar.realtor/sites/default/files/2024-10/nar-settlement-faq-2024-10-29.pdf
By using Comi$h, you agree to comply with all applicable laws and policies governing commission disclosures in real estate transactions.