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NASALS Rules rev. 10/5/10New York State Alliance of Multiple Listing Services (NASALS)Multiple Listing Rules and Regulations NASALS, Inc. is a Multiple Listing Service Joint Venture. Shareholders
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Multiple listing rules refers to the set of regulations and guidelines that govern the listing and sharing of real estate properties among multiple real estate agents or brokers.
Real estate agents or brokers who are part of a multiple listing service (MLS) are required to file multiple listing rules.
Multiple listing rules can be filled out by providing accurate information about the property, agreeing to share the listing with other agents, and abiding by the rules set by the MLS.
The purpose of multiple listing rules is to promote cooperation between real estate agents, facilitate a wider exposure for properties, and ensure fair and ethical practices in the real estate industry.
Information such as property details, listing price, terms of sale, and any restrictions or conditions related to the property must be reported on multiple listing rules.
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