New York License Law
In New York, a 'pocket listing' (where a property is sold without being listed on the MLS) by a broker is:
AProhibited by the DOS
BPermitted but may conflict with MLS rules if the broker participates in an MLS that requires timely submission of listings✓ Correct
CRequired for luxury properties
DAllowed only for co-op apartments
Explanation
Pocket listings (exclusive listings not submitted to the MLS) are not prohibited by New York license law, but brokers who participate in MLSs with 'Clear Cooperation' policies must submit listings to the MLS within 1 business day of marketing, with limited exceptions.
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