mls rules compensation issues: Can two brokers list the same property and put it in the same MLS? - 08/17/07 01:59 AM
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 … (18 comments)

 

Brian Larson

Minneapolis, MN

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Larson/Sobotka Business Advisors, LLC

Office: (612) 424-8661

We need to spend some time thinking about the future of the industry. That means not being afraid to ask hard questions. Three things: (1) I think "out loud" - which means what I write here is half-baked. People sometimes listen to me, though, so if you want me to spread wisdom instead of ignorance, you had better share some of your own with me (wisdom that is). (2) These are my own views, not necessarily shared by my clients. (3) Nothing here is intended as legal advice. Want legal advice? Hire an attorney! :-)


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