Section 1.1.4 Listing Entered As Sale Only
The sale of real property not listed in
the NCRMLS with buyer representation may be entered as a SALE ONLY. Stipulation
of Sale MUST be “Entered as Sale Only”. Sale Only listings are
subject to all data compliance rules and subject to fines as specified in Exhibit 2 attached to these Rules. Where agent is unable to complete any
data field (such as a pending or sold date) IMMEDIATELY contact your MLS staff
to correct the data.
Listing Agent MUST be “A Non Member” only
if there is no Listing Agreement or the Listing Agent is not a member of NCRMLS.
The system will require you to use yourself as the listing agent, after all of
the information is entered and saved, you must change this to “A Non
Member”. If there is a listing agreement and the listing agent is a
member of the NCRMLS, mark the Listing Member field accordingly.
This Rule was changed from Comp Entry Listings on 12/3/2020
Note "Entered as Sale Only" means that the listing went under contract prior to being entered in the MLS. It does not remove credit from the listing agent when there is a listing agreement.
Section 1 Listing Procedures:
Section 1 Listing Procedures: Listings of real or personal property of the following types, which are listed subject to a real estate broker’s license, and are located within the Service Area* of the multiple listing service, and are taken by ...
Section 4.3 Solicitation of Listing Entered into the Service:
Participants shall not solicit a listing on property filed with the Service unless such solicitation is consistent with Article 16 of the REALTORSÒ Code of Ethics, its Standards of Practice, and its Case Interpretations. (M) This section is to be ...
Section 1.2.2 MLS Entry-only Listings:
Listing agreements under which the listing broker will not provide any of the following services: arrange appointments for cooperating brokers to show listed property to potential purchasers but instead gives cooperating brokers authority to make ...
Section 4.1 "For Sale" Signs:
Only the for sale sign of the listing broker may be placed on a property.(M)
Section 2.8 Reporting Cancellation of Pending Sale:
The listing broker shall immediately to the multiple listing service of the cancellation of any Pending sale and the listing shall be reinstated immediately. (M)