Talk:Listing contract
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If the listing agreement has expired, is there a "waiting period" where the seller must wait until selling the property by him/her self to avoid paying any realtor commissions?
http://www.realtor.org/governance/governing-documents/constitution
Official Interpretations
of
ARTICLE 1, SECTION 2
BYLAWS
of the
- NATIONAL ASSOCIATION OF REALTORS®
ARTICLE 1, SECTION 2 of the National Association Bylaws "No Member Board, nor any Institute, Society or Council, shall apply any arbitrary numerical or other inequitable limitation on its membership nor adopt any rule, regulation, practice or policy inconsistent with or contrary to any policy adopted by the Board of Directors."
(Revised November 13, 1973)
INTERPRETATION NO. 1 (Adopted November 15, 1960)
"A requirement to participate in a Multiple Listing Service in order to gain and maintain REALTOR® membership is an inequitable limitation on its membership."
When a Multiple Listing Service is available, is well operated and properly organized, it is the duty of the REALTOR® to consider thoroughly whether he can serve the best interests of his clients by participating in it. The decision, however, must be his own. As a REALTOR®, it is possible for him to conduct business in an ethical and efficient manner without participating in a Multiple Listing Service. Therefore, his participation must not be a requirement of REALTOR® membership. — Preceding unsigned comment added by 98.175.169.88 (talk) 21:20, 15 October 2014 (UTC)