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Handbook on Multiple Listing Policy

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Chronological Listing of Multiple Listing Policy Statements Approved by the Board of Directors, National Association of REALTORS®
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Chronological Listing of Multiple Listing Policy Statements Approved by the Board of Directors, National Association of REALTORS®

TopPrefaceTable of ContentsChronological Listing of Multiple Listing Policy StatementsPurposeKey DefinitionsPoliciesModel Governance ProvisionsAppendicesMLS Commercial Handbook
  • Preface
  • Table of Contents
  • Chronological Listing of Multiple Listing Policy Statements
  • Purpose
  • Key Definitions
  • Policies
  • Model Governance Provisions
  • Appendices
  • MLS Commercial Handbook
  • More
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    • Statement 7.1: Lock Boxes — Deleted 05/12. MLS Policy Statement 7.31 is more current and comprehensive
    • Statement 7.2: Caravans
    • Statement 7.3: Statistical Reports
    • Statement 7.4: Arbitration
    • Statement 7.5: Code of Ethics
    • Startement 7.6: Board Operations of MLS — Deleted 2005
    • Statement 7.7: Association Membership as Prerequisite to MLS Participation
    • Statement 7.8: Services of the Board MLS — Deleted 2005
    • Statement 7.9: Definition of the MLS “Participant"
    • Statement 7.10: Compliance with Law by Association and MLS
    • Statement 7.11: Agency
    • Statement 7.12: Tax-Exempt Status of Board Owned MLS — Deleted 2005
    • Statement 7.13: Use of MLS Logo by Nonmember Participants
    • Statement 7.14: Immediate Access to MLS by Association Members if Provided to Nonmember
    • Statement 7.15: Compliance with United States Postal Statutes
    • Statement 7.16: Revised Interpretation No. 4 — Deleted November 1996
    • Statement 7.17: Association and MLS Compliance with National Association Policy
    • Statement 7.18: MLS Provided to Nonresident Members — Deleted November 1996
    • Statement 7.19: Multiple Listing Service Reciprocal Agreements Between Associations, Contract Service for Multiple Listing Service, or Other Association Agreements Concerning the Association Multiple Listing Service
    • Statement 7.20: Relationship of Association with Independent Multiple Listing Service in Association Area
    • Statement 7.21: Appropriate Procedures for Rules Enforcement
    • Statement 7.22: The Use of Fines as Part of Rules Enforcement
    • Statement 7.23: Information Specifying the Compensation on Each Listing Filed with a Multiple Listing Service of an Association of REALTORS® — Deleted
    • Statement 7.24: Participation in an Association Multiple Listing Service of a Branch Office Manager Who is Not a Principal of the Real Estate Firm
    • Statement 7.25: Procedures to be Followed by an Association of REALTORS® Upon Demand for Access to the Association’s Multiple Listing Service Without Association Membership
    • Statement 7.26: Prerequisites for Participation in, or Access to, a Commercial/Industrial Multiple Listing Service of an Association of REALTORS®
    • Statement 7.27: No MLS Requirement for Listing Broker to Disclose Total Negotiated Commission — Deleted
    • Statement 7.28: Statistical Report Including “Comparables” Should be a Board Service — Merged into Policy Statement 7.3 in 2005
    • Statement 7.29: Charges for Providing “Comparable Information to Board Members Who Are Not MLS Participants — Merged into Policy Statement 7.3 in 2005 
    • Statement 7.30: “Comparable” Information to Government Agencies — Merged into Policy Statement 7.3 in 2005 
    • Statement 7.31: Lock Box Security Requirements
    • Statement 7.32: Lock Box Key Deposits
    • Statement 7.33 Information Related to Listings of Commercial and Industrial Property
    • Statement 7.35: Information Included in Any Association MLS Compilation
    • Statement 7.37: Protection Clauses in Association MLS Standard Listing Contracts
    • Statement 7.38: MLS Indoctrination Requirements Relating to Individuals Entitled to Participation Without Association Membership
    • Statement 7.39: Compensation Notice
    • Statement 7.40: MLS Participation by Brokers Acting As Agents of Potential Purchasers
    • Statement 7.41: Inclusion of Exclusive Agency Listings in MLS Compilations and Databases
    • Statement 7.42: Service Area of Association Multiple Listing Service
    • Statement 7.43: Waivers of MLS Fees, Dues, and Charges
    • Statement 7.44: Access to Comparable and Statistical Information — Merged into Policy Statement 7.3 in 2005 
    • Statement 7.45: Assessment of MLS Fees, Dues, and Charges
    • Statement 7.46: Centralized Key Repositories
    • Statement 7.47: Minimum Security Measures for Centralized Key Repositories of Association Multiple Listing Services
    • Statement 7.48: MLS May Permit Participants to Establish, Concurrently With the Offer of Subagency, an Offer to Compensate Buyer Agents —Deleted 1993 
    • Statement 7.49: Use of Property Data Forms to Publish Features of Special Interest to Handicapped or Elderly Individuals — Deleted 2005 
    • Statement 7.50: Definitions of Various Types of Listing Agreements
    • Statement 7.51: Effective Date of Changes in Multiple Listing Policy
    • Statement 7.52: Factual Data Supplied by Appraisers
    • Statement 7.53: Facilitators/Intermediaries as MLS Participants — Deleted
    • Statement 7.54: Names of Multiple Listing Services
    • Statement 7.55: Nonmember Broker/Appraiser Access
    • Statement 7.56: MLS Defined — Merged into Definitions Section in 2005 
    • Statement 7.57: Categorization of MLS Services, Information, and Products
    • Statement 7.58: Internet Data Exchange (IDX) Policy
    • Statement 7.59: Virtual Office Website (VOW) Policy — Deleted 2005 
    • Statement 7.60: Listings
    • Statement 7.61: Net Listings
    • Statement 7.62: Open Listings
    • Statement 7.63: Office Exclusive Listings
    • Statement 7.64: Withdrawn Listings
    • Statement 7.65: Listing Prices Specified
    • Statement 7.66: Termination Dates
    • Statement 7.67: Listings of Suspended Participants
    • Statement 7.68: Listings of Expelled Participants
    • Statement 7.69: Listings of Resigned Participants
    • Statement 7.70: Showings and Negotiations
    • Statement 7.71: Presentation of Offers
    • Statement 7.72: Submission of Offers
    • Statement 7.73: Rights of Cooperating Brokers and Presentation of Offers
    • Statement 7.74: Rights of Cooperating Brokers and Presentation of Counter-offers
    • Statement 7.75: Reporting Sales to the MLS
    • Statement 7.76: Reporting Resolutions of Contingencies
    • Statement 7.77 Reporting Cancellation of Pending Sales
    • Statement 7.78: Lease of MLS Compilation
    • Statement 7.79: Reproduction of MLS Information
    • Statement 7.80: Use of MLS Information in Advertising and Other Public Representations  
    • Statement 7.81: Changes in MLS Rules and Regulations
    • Statement 7.82: Auction Listings
    • Statement 7.83: Limited Service Listings
    • Statement 7.84: MLS Entry-only Listings
    • Statement 7.85: Ownership of Listing and Listing Content
    • Statement 7.86 Listing Content Defined
    • Statement 7.87: Transmittal of Participants’ Listings to Aggregators 
    • Statement 7.88 Removal of Listings When Participant Refuses/Fails to Timely Report Status Changes
    • Statement 7.89: Financial Penalty Not to Exceed $15,000
    • Statement 7.90: Real Estate Transaction Standards (RETS) and RESO Standards
    • Statement 7.91: Virtual Office Websites: Policy Governing Use of MLS Data in Connection With Internet Brokerage Services Offered by MLS Participants
    • Statement 7.92: Orientation and Other Training
    • Statement 7.93: Submission of Photographs or Other Graphic Representations
    • Statement 7.94: Submission of Legally Required Seller Disclosure Information
    • Statement 7.95: Price Change Information
    • Statement 7.96: Days/Time on Market Information
    • Statement 7.97: Need to Disclose if Property is a Foreclosure, is Bank-owned or is Real Estate Owned (“REO”)
    • Statement 7.98: Electronic Display of Other Participants' Listings
    • Statement 7.99: Digital Millennium Copyright Act, Safe Harbor
    • Statement 8.0: Clear Cooperation
    • Statement 8.1: Fair Housing
    • Statement 8.2: Customer Service & Tech Support
    • Statement 8.3: Right of the Participant to MLS Data Feed of Listing Content
    • Statement 8.4: Services Advertised as "free"
    • Statement 8.5: Non-filtering of Listings
    • Statement 8.6: One Data Source
    • Statement 8.7: Brokerage Back Office Feed
    • Statement 8.8: Display of the Listing Broker's Offer of Compensation — Deleted
    • Statement 8.9: Property Addresses
    • Statement 8.10: Statewide Data Sharing Defined
    • Statement 8.11: No Compensation Offers in MLS
    • Statement 8.12: Required Consumer Disclosure
    • Statement 8.13: Written Buyer Agreements Required
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