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PAGE 1 of PAGES MULTIPLE LISTING SERVICE MLS OFFICE USE ONLY MULTIPLE LISTING CONTRACT BETWEEN: DATE LISTING MLS NO. AND: (LISTING BROKERAGE) OWNER’S) (SELLER) UNIT CITY ADDRESS CITY TELEPHONE NUMBER
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How to fill out multiple listing bcontractb
01
Start by carefully reading the multiple listing contract to understand the terms and conditions outlined in the document.
02
Gather all the necessary information about the property being listed, such as its address, size, features, and any special considerations. It's important to be thorough and precise when providing details, as this will help attract potential buyers.
03
Fill out the contract by entering the required information in the designated fields. This may include the name and contact information of the seller, the listing price, the duration of the listing agreement, and any additional terms or conditions agreed upon.
04
Consult with the seller to determine the desired marketing strategy for the property. This may involve specifying how the property will be showcased, such as through photographs, virtual tours, or open houses.
05
Ensure that all necessary disclosures and legal requirements are properly addressed in the contract. This may include information about any known defects, potential hazards, or legal disputes related to the property.
06
Review the completed contract with the seller to ensure accuracy and clarity. It's important to address any questions or concerns before both parties sign the document.
07
Once both the seller and the listing agent have reviewed and agreed to the terms outlined in the contract, sign the document. It's recommended to keep a copy of the fully executed contract for future reference.
08
The multiple listing contract is typically used by real estate agents who are members of a multiple listing service (MLS). This service allows agents to share information about properties they have listed, giving them access to a larger pool of potential buyers. By entering into a multiple listing contract, sellers can benefit from increased exposure for their property, potentially leading to a quicker and more successful sale.
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What is multiple listing contract?
A multiple listing contract is an agreement between a real estate agent and a property owner that allows the agent to list the property on the Multiple Listing Service (MLS) and share the commission with other agents who bring in a buyer.
Who is required to file multiple listing contract?
Real estate agents and brokers are required to file multiple listing contracts when representing a seller in the sale of a property.
How to fill out multiple listing contract?
To fill out a multiple listing contract, the agent and property owner must agree on the terms of the listing, including the asking price, commission rate, and duration of the listing agreement. The contract must then be signed by both parties.
What is the purpose of multiple listing contract?
The purpose of a multiple listing contract is to provide maximum exposure for a property by allowing it to be listed on the MLS, where it can be viewed by a large number of potential buyers and their agents.
What information must be reported on multiple listing contract?
The multiple listing contract must include details such as the property address, legal description, asking price, commission rate, duration of the listing agreement, and any special terms or conditions.
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