The sharing of the seller-paid commission between the listing broker and the selling broker. An MLS listing
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The sharing of the seller-paid commission between the listing broker and the selling broker. An MLS listing generally indicates the compensation being offered by the listing broker to the other MLS participants, either as a percentage of the gross selling price or as a definite dollar amount. Thus, MLS members know what they will earn on finding a suitable buyer.
Related Book For
Smith and Roberson Business Law
ISBN: 978-0538473637
15th Edition
Authors: Richard A. Mann, Barry S. Roberts
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