Multiple listing, in one form or another, dates back into the nineteenth century.
Why should a multiple listing service which functions efficiently, yet is neither owned nor operated by an association of REALTORS®, seek association affiliation?
Section 501 (c)(6) of the Internal Revenue code provides for the exemption of nonprofit real estate associations whose earnings do not inure to the benefit of any private shareholders or individuals.
A license agreement for use of the MLS service mark by a member board.
Model Multiple Listing Service subscription waiver for use by association Multiple Listing Services, National Association of REALTORS®.
Select interpretations from NAR's Bylaws as referred to in the handbook.