Listing Types Not Accepted by the MFRMLS
(Article 4.4)
MFRMLS does not accept the following types of listings:
- Net Listings - A Net Listing is an agreement to pay the seller a "net" price for their property regardless of the sales price.
- Open Listings - An Open Listing is expressed or implied. Since it is not in writing, it does not include authorization to cooperate and compensate other brokers and offers a disincentive for cooperation.
