PAR Service
Include all terms in Agreement of Sale

Who is legally responsible when a buyer relies (to his detriment) on a flawed MLS Sheet? The answer depends on the agreement of sale and any modifications made to that agreement. It also depends on the specific facts of the transaction in question.

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PAR Service
A short sales rules yo-yo

At the NAR Mid-Year meetings, a proposal was made that would allow MLSs to stick to the traditional rule of a uniform offer of cooperating compensation and not allow listing brokers make the compensation contingent upon their eventual listing fee. An MLS that wishes to allow brokers to include this provision may still do so, but others will not be required to do so.

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