Article 05.04: Listing Types Not Accepted

Section 4: Listing Types Not Accepted

Stellar MLS does not accept the following types of listings:

A. Net Listings: A Net Listing is an agreement to pay the owner(s) of record a “net” price for their property regardless of the sales price.

B. Open Listings: An Open Listing is expressed or implied. Since it is not in writing, it does not include authorization to cooperate and compensate other brokers and offers a disincentive for cooperation.

Article 05.04: Listing Types Not Accepted

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