MLS Entry-only Listings Clause Samples
MLS Entry-only Listings. Listing agreements under which the listing broker will not provide any of the following services:
1. arrange appointments for cooperating brokers to show listed property to potential purchasers but instead gives cooperating brokers authority to make such appointments directly with the seller(s);
2. accept and present to the seller(s) offers to purchase procured by cooperating brokers but instead gives cooperating brokers authority to present offers to purchase directly to the seller(s);
3. advise the seller(s) as to the merits of offers to purchase;
4. assist the seller(s) in developing, communicating, or presenting counter-offers; or
5. participate on the seller(s) behalf in negotiations leading to the sale of the listed property will be identified as an “MLS Entry” listing in the MLS compilations so potential cooperating brokers will be aware of the extent of the services the listing broker will provide to the seller(s).
MLS Entry-only Listings. Option Not Approved – Not Legal under Louisiana Law of Agency
