Current Listings, Section 8: Limited Service Listings (Policy Statement 7.83)

MLSs may, as a matter of local discretion, categorize listings as limited service in instances where listing brokers, pursuant to their listing agreements, will not provide one or more of the following services:

1. arrange appointments for cooperating brokers to show listed properties to potential purchaser(s) but instead give cooperating brokers authority to make such appointments directly with seller(s)
2. accept and present to seller(s) offers to purchase procured by cooperating brokers but instead give cooperating brokers authority to present offers directly to seller(s)
3. advise seller(s) as to the merits of offers to purchase
4. assist seller(s) in developing, communicating, or presenting counter-offers
5. participate on seller’s(s’) behalf in negotiations leading to the sale of the listed property

(Adopted 11/04) O