Limited Service and MLS Entry-Only Listings
7 .2. 1 Scope of Service; Limited Service Listings. Limited Service listings are listings whereby the listing broker, pursuant to the listing agreement, will not provide one, or more, of the following services:
  1. provide cooperating brokers with any additional information regarding the property not already displayed in the MLS but instead gives cooperating brokers authority to contact the seller(s) directly for further information;
  2. accept and present to the seller(s) offers to purchase procured by cooperating brokers but instead gives cooperating brokers authority to present offers to purchase directly to the seller(s);
  3. advise the seller(s) as to the merits of offers to purchase;
  4. assist the seller(s) in developing, communicating, or presenting counter-offers; or
  5. participate on the seller(s) behalf in negotiations, leading to the sale of the listed Property.
Said Limited Service Listings will be identified with an appropriate code or symbol (e.g. “S” placed in the Contingency Field) in MLS compilations so potential cooperating brokers will be aware of the extent of the services the listing broker will provide to the seller(s), and any potential for cooperating brokers being asked to provide some or all of these services to listing broker’s clients, prior to initiating efforts to show or sell the property.
7 .2. 2 Scope of service; MLS Entry-Only Listings. MLS Entry-Only Listings are listings whereby the listing broker, pursuant to the listing agreement, will not provide any of the following services:
  1. provide cooperating brokers with any additional information regarding the property not already displayed in the MLS but instead gives cooperating brokers authority to contact the seller(s) directly for further information;
  2. accept and present to the seller(s) offer to purchase procured by cooperating brokers but instead gives cooperating brokers authority to present offers to purchase directly to the seller(s);
  3. advise the seller(s) as to the merits of offers to purchase;
  4. assist the seller(s) in developing, communicating, or presenting counter-offers; or
  5. participate on the seller(s) behalf in negotiations leading to the sale of the listed property.
Said MLS Entry-Only Listings will be identified with an appropriate code or symbol (e.g. “M” placed in the Contingency Field) in MLS compilations so potential cooperating brokers will be aware of the extent of the services the listing broker will provide to the seller(s), and any potential for cooperating brokers being asked to provide some or all of these services to listing broker’s clients, prior to initiating efforts to show or sell the property.