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 participants on exclusive right to sell contract or exclusive agency forms shall be delivered within 72 hours (excepting weekends, holidays and postal holidays) after all necessary signatures of seller(s) have been obtained.
(M)
(a) Single family homes for sale or exchange.(M)
(b) Vacant lots and acreage for sale or exchange.(M)
(c) Two-Family, three-family and four-family residential buildings for sale or exchange(M) (multifamily)
(d) Boat slips
(e) Timeshares
(f) Fractional ownership
(g) Commercial**
In addition, listings of property located outside these counties may be submitted voluntarily by a participant, but are not required by the service, provided that they are entered into the MLS within 72 hours (excepting weekends, holidays and postal holidays) after all necessary signatures of seller has been obtained.
* The Service Area of the MLS is defined in Section 1.12
**Commercial listings entered into North Carolina Commercial MLS are exempt from entry in the NCRMLS
Related Articles
Section 9.3 Complaints of Unauthorized Use of Listing Content:
Any participant who believes another participant has engaged in the unauthorized use or display of listing content, including photographs, images, audio or video recordings, and virtual tours, shall send notice of such alleged unauthorized use to the ...
Section 5 Cooperative Compensation Specified on Each Listing:
The listing broker shall specify, on each listing filed with the multiple listing service, the compensation offered to other multiple listing service participants for their services in the sale of such listing. Such offers are unconditional except ...
Section 1.7 Listing Price Specified:
The full gross listing price stated in the listing contract will be included in the information published in the Service compilation of current listings unless the property is subject to auction. (M)
Section 1.8 Listing Multiple Unit Properties
All properties which are to be sold or which may be sold separately must be indicated individually in the listing and on the Property Data Form except when the property is in a subdivision owned by a single entity. i. The following rule applies when ...
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 ...