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Can two brokers list the same property and put it in the same MLS?
Real estate firms occasionally work together in marketing a listing of a seller. The term "co-listed" is often used to describe such listings, where more than one real estate brokerage firm can be described as the "listing broker." At least two issues crop up in these cases, one where both brokers are participants in the MLS and one where one is a participant and the other is not. (I won't trouble everyone with discussions of where there are three or more co-brokers.)
If both brokers are participants in MLS, one question is whether both may put the listing onto the service. I think the National Association of REALTORS's (NAR) policies are silent on this issue, for those of you in MLSs governed by NAR policy.
I have generally advised MLSs not to allow it. Here's why: Theoretically, at least, each listing broker who puts the listing into MLS is making an offer to compensate the broker who is the procuring cause of the sale. If I am the procuring cause, under the MLS rules, I might seek compensation from both listing brokers. Let's say the listing brokers anticipate this, each putting in about half the compensation cooperating brokers typically receive in the ... more

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