Section 2.0.1 Bulk Sales
Bulk Sales are a single buyer purchase of multiple real estate parcels at the same time, as if they were one unit. a) Entering Bulk Sales: a. Take the Tax Value (TV) of one parcel. Divide by the Total Tax Value (TTV) of all parcels combined. ...
Section 5.0.1 Short Sales:
A “Short Sale” is a sale where: the Purchase Price is or may be insufficient to enable Seller to pay the costs of sale, which include but are not limited to the Seller’s closing costs and payment in full of all loans or debts secured by deeds of ...
Section 2.5 Reporting Sales to The Service:
Status changes, including final closing of sales and sales prices, shall be reported to the multiple listing service by the listing/leasing broker or auctioneer within 72 hours (excepting weekends, holidays and postal holidays) after they have ...
MLS Rules and Regulations - Download Here (Updated 09/16/21)
Note the MLS Rules and Regulations can be downloaded here. See Attachment below. 1 - Section 1: Greene, Hyde and Martin Counties added- BOM 09/03/20 2 - Section 1.1.3: Rule change from “For Comp Purposes” to “For Sale Only” revised- BOM 12/03/20 3 ...
When seller has authorized cooperation and compensation to agents at other firms who represent the seller enter the commission expressed either as a flat amount using the $ sign or the percentage of the gross sales price (or net sales price when ...