Withdrawal of Listing Prior to Expiration
(Article 4.14)
Listings may be withdrawn from MFRMLS by the listing broker before the expiration date of the listing agreement if agreed to in writing by the listing broker and the seller(s). A copy of the agreement must be available upon request by MFRMLS. If the Participant determines that the proceeds which the sellers would reasonably expect to receive from the sale will not be sufficient to pay the compensation due to the Participant, then the contract may be terminated by the Participant upon three days written notice to the sellers. Sellers do not have the unilateral right to require the MFRMLS to withdraw a listing without the listing broker’s concurrence. However, when the sellers can document that their exclusive relationship with the Listing Participant has been terminated; MFRMLS may remove the listing at the request of the sellers.
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