Knowledebase Tag: MLS
- I recently sold a home that was listed in the MLS and a neighbor called to ask me what the sales price was. Can I tell them?
- Do I have to report my client’s sales price to the MLS?
- What sanctions can be imposed for violations of the Code of Ethics by REALTORS® who participate in the MLS but do not hold membership in the board?
- If a REALTOR® participates in a regional MLS owned by two or more shareholder boards, which board is responsible for professional standards enforcement with respect to those REALTOR® members who participate in the MLS but do not hold membership in one of the shareholder boards?
- How will the board assess MLS fees for REALTORS® who obtain MLS access but are not members of the board?
- What requirements may a board establish for participation in its MLS?
- One of my agents wants to sell her home without listing the property with our firm or any other firm. She’s not advertising the property through the MLS, either. What disclosure must she make about her status as a real estate agent?
- Do I have to report my client’s sales price to the MLS?
- Are listing agents permitted to list a property in MLS for less than what is owed by the seller in an attempt to entice offers, even though the seller cannot accept full-price offers due to the his inability to cover the difference between the full price offer and the amount owed on the property?
- If a sales contract is executed by a buyer and seller with a sales price of less than what the seller owes and the sale is subject to the lender’s approval, what should the MLS status be reflected as?
