MULTIPLE LISTING SERVICE Clause Samples

MULTIPLE LISTING SERVICE. Seller agrees that for the purpose of marketing Seller's property, Sponsoring Broker shall place Seller's property in the Multiple Listing Service(s) in which Sponsoring Broker participates.

MULTIPLE LISTING SERVICE. A) Submission: BROKER will electronically input or deliver this Agreement and the MLS Property Profile Form to Bright MLS and/or MLS, within forty eight (48) hours of the effective date of the listing, after all necessary signatures of SELLER/LANDLORD have been obtained and the listing term has begun. BROKER is required to electronically input or deliver to Bright MLS, and/or other MLS providers within Three (3) business days, all changes of the status to this Agreement, including the reporting of Under Contract, Pending Contract, Settled (including sale price), Withdrawn or Temporarily Withdrawn. Any change in listing price or other change in the original Agreement shall be made only when authorized, in writing, by SELLER/LANDLORD. B) Listing of Address and Display of Property on the Internet: 1. SELLER/LANDLORD Does authorize Does not authorize the Property to be displayed on the Internet. 2. SELLER/LANDLORD the Internet. Does authorize Does not authorize the address of the Property to be displayed on SELLER/LANDLORD understands and acknowledges that, if the Property is not displayed on the Internet, consumers who conduct searches for listings on the Internet will not see information about the Property in response to their search. C) Virtual Office Web Site(s): There are many ways of marketing properties electronically. Some brokers may use a method called a virtual office web site (also known as a VOW), which is governed by specific rules and policies. SELLER/LANDLORD has the right to control some elements of how the Property is displayed on a virtual office web site. If SELLER has authorized in “B” above to have the Property displayed on the Internet, SELLER/LANDLORD elects to have the following features disabled or discontinued for SELLER'S/LANDLORD'S listing on a virtual office web site (check all that apply): D) MLS Communication: BROKER shall communicate to the MLS all of SELLER'S/LANDLORD'S elections made in “B” & “C” above. 1 | Page

MULTIPLE LISTING SERVICE. (MLS). Due to rules administered by the local Multiple Listing Service (“MLS”), all details of any transaction that are procured by the Agency may be used for publication in the MLS. Seller hereby consents to such publication on an unrestricted basis whereas the Agency must comply with all applicable MLS rules to allow data about the Property to be shown and made available by the MLS in addition to other internet websites. MLS rules generally provide that any property entered into its database be updated within forty-eight (48) hours, or some other period of time, after all necessary signatures have been obtained in regard to the Property. The Seller has the right to prohibit any and all publication of information in regard to a transfer of the Property. In order to exercise this right, the Seller is required to authorize a separate addendum provided by the Agency and attach to this Agreement.

MULTIPLE LISTING SERVICE. Placing the Property in a multiple listing service (the “MLS”) is beneficial to Seller 44 because the Property will be exposed to a large number of potential buyers. As a MLS participant, Broker is 45 obligated to enter the Property into the MLS within one (1) business day of marketing the Property to the public 46 (see Paragraph 6(a)) or as necessary to comply with local MLS rule(s). This listing will be published accordingly in 47 the MLS unless ▇▇▇▇▇▇ directs Broker otherwise in writing. (See paragraph 6(b)(i)). Seller authorizes Broker to 48 report to the MLS this listing information and price, terms, and financing information on any resulting sale for use 49 by authorized Board / Association members and MLS participants and subscribers unless Seller directs Broker 50 otherwise in writing.

MULTIPLE LISTING SERVICE. Seller authorizes Firm and MLS to publish the Listing Data and distribute it to other members of MLS and their affiliates and third parties for public display and other purposes. This authorization shall survive the termination of this Agreement. Firm is authorized to report the sale of the Property (including price and all terms) to MLS and to its members, financial institutions, appraisers, and others related to the sale. Firm may refer this listing to any other cooperating multiple listing service at Firm's discretion. Firm shall cooperate with all other members of MLS, or of a multiple listing service to which this listing is referred, in working toward the sale of the Property. Regardless of whether a cooperating MLS member is the agent of the buyer, Seller, neither or both, such member shall be entitled to receive the Buyer Brokerage Firm’s share of the commission. MLS is an intended third party beneficiary of this Agreement and will provide the Listing Data to its members and their affiliates and third parties, without verification and without assuming any responsibility with respect to this Agreement.*

MULTIPLE LISTING SERVICE. No Multiple Listing Service or Association of REALTORS® is a party to this Agreement and no Multiple Listing Service or Association or REALTORS® sets, controls, recommends or suggests the amount of compensation for any brokerage service rendered pursuant to this Agreement, whether by the listing broker or by any other broker acting as subagent or otherwise.

MULTIPLE LISTING SERVICE. Broker is a member of a Multiple Listing Service (MLS). If the Broker sells the 45 Property, the Broker may give information to MLS concerning the Property sales price and terms of sale after 46 closing.

MULTIPLE LISTING SERVICE. The OWNER understands and agrees that the Real Estate BOARD and MLS are not the OWNER'S agents and that none of the terms of this Agreement shall make them the OWNER'S agents.

MULTIPLE LISTING SERVICE. All terms of the transaction, including financing, if applicable, will be provided to the selected MLS for publication, dissemination and use by persons and entities on terms approved by the MLS. Seller authorizes Broker to comply with all applicable MLS rules. MLS rules allow MLS data to be made available by the MLS to additional Internet sites unless ▇▇▇▇▇▇ gives the MLS instructions to the contrary. MLS rules generally provide that residential real property and vacant lot listings be submitted to the MLS within 48 hours or some other period of time after all necessary signatures and photos have been obtained on the listing agreement.