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Handbook on Multiple Listing Policy

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Policies: Administration
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Policies: Administration

Operational Issues

Section 1: Procedures to Be Followed by an Association of REALTORS® Upon Demand for Access to the Association’s Multiple Listing Service without Association Membership

Section 2: Prerequisites for Participation in or Access to a Commercial/Industrial Multiple Listing Service of an Association of REALTORS®

Section 3: MLS Indoctrination Requirements Relating to Individuals Entitled to Participation without Association Membership

Section 4: Inclusion of Exclusive Agency Listings in MLS Compilations and Databases

Section 5: Effective Date of Changes in Multiple Listing Policy

Section 6: Factual Data Submitted by Appraisers

Section 7: Names of Multiple Listing Services

Section 8: Categorization of MLS Services, Information, and Products

Section 9: Changes in MLS Rules and Regulations

Section 10: Nonmember Broker/Appraiser Access

Section 11: Removal of Listings when Participant Refuses/Fails to Timely Report Status Changes

Section 12: Real Estate Transaction Standards (RETS)

Section 13: Orientation and Other Training

Section 14: Submission of Photographs or Other Graphic Representations

Section 15: Submission of Legally Required Seller Disclosure Information

Section 16: Price Change Information

Section 17: Days/Time on Market Information

Section 18: Need to Disclose if Property is a Foreclosure, is Bank-owned, or is Real Estate Owned (“REO”)

Finance

Section 1: Waivers of MLS Fees, Dues, and Charges

Section 2: Assessment of MLS Fees, Dues, and Charges

Section 3: Merger or Dissolution of Association or MLS

Law

Postal Regulations

Section 1: Compliance with United States Postal Codes

Tax Exempt Status of An Association of REALTORS®

Section 2: Limitation on Content of Association Advertising

Registered Multiple Listing Service Mark of the National Association of REALTORS®

Section 3: Nature of Service Mark and Necessity to Effect License Agreement to Use

Section 4: How to Secure Authorization to Use a Service Mark

Section 5: Special Note Concerning MLS Service Mark

Section 6: Use of MLS Logo by Nonmember Participants

Other Legal Issues

Section 7: Compliance with Law by Association and MLS

Notice: The information on this page may not be current. The archive is a collection of content previously published on one or more NAR web properties. Archive pages are not updated and may no longer be accurate. Users must independently verify the accuracy and currency of the information found here. The National Association of REALTORS® disclaims all liability for any loss or injury resulting from the use of the information or data found on this page.

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