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 construed in a manner consistent with Article 16 of the Code of Ethics
and particularly Standard of Practice 16-4. This section is intended to encourage
sellers to permit their properties to be entered into the Service by protecting
them from being solicited, prior to expiration of the listing, by brokers and
salespersons seeking the listing upon its expiration.
Without such protection, a seller could receive hundreds of calls, communications, and visits from brokers and salespersons who have been made aware through the Service of the date the listing will expire and desire to substitute themselves for the present broker.
This section is also intended to encourage brokers to participate in the Service by assuring them that other participants will not attempt to persuade the seller to breach the listing agreement or to interfere with their attempts to market the property. Absent the protection afforded by this section, listing brokers would be most reluctant to generally disclose the identity of the seller or the availability of the property to other brokers.
This section does not preclude solicitation of
listings under the circumstances otherwise recognized by the Standards of
Practice related to Article 16 of the Code of Ethics. (M)
Related Articles
Section 2.7 Advertising of Listing Entered into the Service:
A listing shall not be advertised by any Participant, other than the listing broker, without the prior consent of the listing broker. (M)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 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 ...Section 1.2 Detail on Listings Entered into The Service:
A listing agreement or property data form, when filed with the multiple listing service by the listing broker, shall be complete in every detail which is ascertainable ( as specified on the property data form. (R) Incorporated into these Rules are ...Section 1.12 Service Area:
Only listings of the designated types of property located within[i] the Service Area of the MLS are required to be submitted to the Service. Listings of property located outside the above counties will be accepted if submitted voluntarily by a ...