Regulations Effective For Your Listing
The Regulations are incorporated into the listing agreement and
are agreed upon by the signing of the listing agreement.
Important information regarding your listing.
$199 Basic MLS Listing Package Includes:
A. Entry into the Multiple Listing Service chosen on the listing
agreement,
B. Photos-1 for MLS, (photos provided by seller)
C. Entry into Realtor.com
D. Free Custom Webpage on the HomeDiscovery.Org site,
E. Brochures provided in PDF format for owner,
F. Forms library with forms needed in writing a contract
G. Required Legal Disclosure Forms
H. For Sale Sign
I. On-Call Broker Consultations
J. Free Extensions
$299 Gold MLS Listing Package Includes:
A. Entry into the Multiple Listing Service chosen on the listing
agreement,
B. Photos-12 for MLS, 12 for Realtor.com (photos provided by
seller)
C. Entry into Realtor.com
D. Free Custom Webpage on the HomeDiscovery.Org site,
E. Brochures provided in PDF format for owner,
F. Forms library with forms needed in writing a contract
G. Required Legal Disclosure Forms
H. For Sale Sign
I. On-Call Broker Consultations
J. Free Extensions
$349 Diamond MLS Listing Package Includes:
A. Entry into the Multiple Listing Service chosen on the listing
agreement,
B. Photos-Up to 30 for MLS (photos provided by seller)
C. Entry into Realtor.com
D. Free Custom Webpage on the HomeDiscovery.Org site,
E. Free open house announcements on the MLS, Realtor.com, and
Webpage URL,
F. Brochures provided in PDF format for owner,
G. Forms library with forms needed in writing a contract
H. Required Legal Disclosure Forms
I. For Sale Sign
J. On-Call Broker Consultations
K. Free Extensions or Changes
Here are important requirements regarding your listing:
You acknowledge that Broker is governed by various federal, state
and MLS regulations, therefore:
You agree to provide Broker the following in a timely fashion:
Upon Signing a Contract:
1. Provide Home Discovery within 24 hours of your real estate
going under contract, a copy of the sales contract
Upon Settlement:
1. Provide Home Discovery within 24 hours of your settlement, a
copy of your HUD-1/Settlement Disclosure Statement.
Here is specific information regarding your listing:
General: The Broker is authorized to enter the property in
the Multiple Listing Service (“MLS”), Realtor.com, and the internet
and to disseminate information and data about the listing and sale
of the property.
Photos: Broker is further authorized to have picture (s) of
the property reproduced, published and disseminated in any format
including, but not limited to, a picture book, newspaper,
periodical, photo listing or pictorial display and any other similar
or related use to aid in the sale of the property. At least one curb
view photo is required from seller for entry in the MLS.
Information: Unless otherwise provided by law or the Seller
consents in writing herein or elsewhere to the release of the
information, the Broker and the Sales Associate shall maintain the
confidentiality of all personal and financial information and other
matters identified as confidential by the Seller.
Representation: The Seller acknowledges that the Broker may
act on behalf of the Seller as the Seller’s representatives in a
limited service representative capacity.
Buyer representation occurs when buyers elect to use the
services of their own broker (known as a buyer representative) to
act on their behalf.
Limited Service Representative: Owner and Broker agree that
Broker will be acting as an independent contractor and will be
representing Owner in the capacity of a limited service
representative as defined in Section 54.1-2130 of the Code of
Virginia, and will not be acting as a standard agent as defined in
Section 54.1-2130. As a limited service representative, Broker's
obligations will be set forth in this Agreement. The Broker will
only be conducting marketing activities on behalf of the seller
listed in the brokerage agreement. The Broker will not be assisting
in the drafting and negotiating of offers, counteroffers,
amendments, establishing strategies for accomplishing the seller's
objectives other than consultations via telephone/fax/email,
receiving and presenting written offers or counteroffers or
providing assistance (other than consultations via
telephone/fax/email) to the seller in contract obligations and to
facilitate settlement of the purchase contract. By entering into
this Agreement, Owner acknowledges its informed consent to the
limited service representation by Broker and further acknowledges
that neither the other party to any transaction nor any real estate
licensee representing the other party (Buyer Agent) is under any
legal obligation to assist Owner with the performance of any duties
and responsibilities of Owner not performed by Broker.
Regulations: Seller acknowledges that Broker is bound by and
subject to the regulations, bylaws, policies and procedures of
various Associations of Realtors and the Regulations of the Multiple
Listing Services in which the property is entered and agreement is
subject to rules instituted by MLS Boards of entry.
Permission: In consideration of the use of this service and
facilities of the Broker and of Sellers agreement to enter the
property into a multiple listing service, the Broker, hereinafter
sometimes referred to as Realtor or Agent, is hereby granted
exclusive agency to sell Sellers property with equipment as listed
or found in the Sales Contract between the Buyer and Seller. The
price includes all encumbrances, balances owing on equipment,
brokerage fee, taxes and assessments.
Conveyance/Liens: Seller acknowledges that Seller must
discharge all liens including, but not limited to, existing deeds of
trust, mechanic’s liens, and tax judgment liens, at settlement. In
the event the proceeds of sale are insufficient to cover Seller’s
obligations, Seller will provide sufficient cash to discharge all
liens and to pay a selling Broker’s commission.
Short Sales/Foreclosures: Seller shall disclose to the
Listing Broker if property is a short sale/foreclosure. All
contracts with a short sale or foreclosure will require the
following statement that the “contract is subject to third party
approval (Bank Name)”.
Sales Contract: In the event of sale, Seller will execute a
sales contract enforceable in the state in which the property is
located and which may be in the form recommended by a member of a
state or local Association of Realtors.
Offer of Compensation: Seller authorizes Listing Broker to
offer Buyer Agency cooperation/compensation in the sale of the
property.
Compensation Payment: Owner specifically indemnifies and
holds Broker harmless from any claims of payment or compensation of
any kind due a Buyer Broker and stipulates that Owner will promptly
pay any monies due the Buyer Broker upon settlement.
Payment Terms: The Listing Fee is paid to Home Discovery
REALTORS and is a fee (not a commission) to enter the Property
information into the Multiple Listing Service when ordered. Seller
authorizes and directs the settlement agent to disburse the
Brokerage Fee per the listing agreement payable to the Buyer Broker
from the Seller’s proceeds at settlement.
Owner Sale: Seller may also advertise and sell property to an
unrepresented buyer providing there is no other agent that has
procured the sale.
Fees: Flat Fee Listing Fees due Broker are earned when
listing is entered in the Multiple Listing Service
Term: This listing contract shall expire at 5 PM on the date
chosen. Listings shall be extended by signed consent of all parties
at least 24 hours prior to expiration.
Listing Information: The listing contract and all listing
information which are set forth herein may be used as a basis for
presenting the property to prospective Buyers, and Seller warrants
that the listing information is correct.
Broker’s Duties: Broker’s sole duty is to effect a sale of
the property. The Broker shall make a blanket unilateral offer of
cooperation and compensation to Buyer Brokers/Agents in any Multiple
Listing Service that the Broker deems appropriate.
MLS Entry: The Broker shall enter the listing information
into the REALTORS database or MLS within 24 hours after all
paperwork has been received. Listings orders received after 1 PM
will be entered in the MLS the next business day. Business Listing
entry days are Monday-Friday.
Listing Price: Seller acknowledges sole responsibility for
determining the Listing Price and Selling price of the property.
Availability: Broker is authorized to advertise the property
at the listed price. The entire property will be available to
Realtors for showing at reasonable hours.
Liability: In consideration of the use of Broker’s services
and facilities and of the facilities of any REALTOR Multiple Listing
Service, the Seller and Seller’s heirs and assigns hereby release
the Broker, sales associates accompanying buyers or prospective
buyers, any REALTORS Multiple listing Service and the directors,
officers and employees thereof, including officials of any parent
Association of REALTORS, except for malfeasance on the part of such
parties, from any liability to the Seller for vandalism, theft or
damage of any nature whatsoever to the Property or its contents
during the term of this Agreement. The Seller waives any and all
rights, claims and causes of action against them and holds them
harmless for any property damage or personal injury arising from the
use or access to the Property by any person during the term of this
Agreement except for malfeasance in the part of such parties.
Supra/Risco Electronic Lockboxes: It is understood that Supra
Lockboxes are leased to the Sellers during the term of the listing.
Once listing is sold, expired, or terminated the Seller is required
to return the lockbox to our office within 10 days. Unreturned Supra
lockboxes will be billed to the Seller(s) at $150.00
Advertising/Signs: Seller shall not place any sign other than
the Listing Broker’s sign or Seller’s FSBO sign on the property
during the listing period (See Following Note). Seller agrees not to
use Brokers name or logo in any advertisements placed by Seller.
Note: REIN MLS users please call our office for conforming sign
information.
Condominium/Cooperative/Homeowners Association: Seller
represents and stipulates that Seller will comply with any state
laws regarding Condominium, Cooperative or Homeowners Associations,
and that if applicable, accepts the responsibility for securing and
furnishing any required documents to prospective buyer (s) or buyer
(s) representatives as prescribed by law. Seller agrees to execute
any and all appropriate forms required by the Homeowners/Condominium
Association in order to expedite transfer.
Property Condition Disclosure: Seller is advised that under
state laws, Buyer is entitled to receive from Seller a written
residential property condition disclosure statement on a form
provided by the state Real Estate Commission. Seller must deliver
the completed disclosure statement to the Buyer on or before the
Buyers entering into a contract of sale (offer to purchase). The
disclosure form is provided by Home Discovery.
Sewer and Water: If the property is on septic and/or
individual sewage, at time of settlement, Seller must provide
certification that the system is in working order for normal use. If
a well, Seller must provide certification from a State-Licensed
laboratory that the well water is potable.
Hazardous Materials: There are many hazardous materials
including radon that could affect the sale of the property. Seller
or a prospective Buyer may desire to employ an expert to inspect the
property for the presence of radon or other hazardous materials and
separate reports and addendums may be incorporated by the parties.
Settlement Fees and Costs: Seller is aware that under federal
law (RESPA), Buyer is entitled to select the title insurance
company, settlement or escrow company or title attorney. It is
understood that Seller may be charged by settlement agent a
reasonable closing fee relevant to the preparation of settlement
papers and release of liens.
Lead Paint: Under federal regulations, for all properties
constructed prior to 1978, Seller must disclose to Buyer known lead
paint hazards; give Buyer Copies of reports available to Seller from
tests for lead paint; give Buyer an EPA pamphlet about protecting
families from lead in homes; and give Buyer a contingency period to
inspect for lead up to ten(10) days.
Fair Housing Laws: This property shall be shown and made
available without regard to race, color, religion, sex, handicap,
familial status or national origin as well as all classes protected
by the laws of the United States, and as applicable, the
Commonwealth of Virginia, and applicable local jurisdictions.
Showing: The Listed property shall be available for showing
no later than twenty-four hours from the date hereof. If not, said
property shall not be entered into the Multiple Listing Service
until such time as it is available to be shown. Failure to respond
to a showing request within 48 hours shall be grounds for the
withdrawal of the listing. Failure to respond to email requests by
Home Discovery within 48 hours shall be grounds for the withdrawal
of the listing.
Property: Seller retains full responsibility for the
Property, including all utilities, maintenance, physical security
and liability during the term of the Agreement unless otherwise
agreed to in writing.
Withdrawn/Early Release: Seller may withdraw this listing
from active marketing on the MLS system at any time with a written
notice to Broker signed by all legal owners. There are no refunds
after the listing has been entered into the MLS.
Broker Withdrawal: Broker reserves the unilateral right to
withdraw this listing from any MLS system at anytime without notice
if any outstanding balances are unpaid by the Seller after 7 days
from bill date, or if Seller refuses to comply with providing Broker
any required paperwork or other documentation in a timely fashion as
required by regulation or law including providing a copy of the
Sales Contract, and the HUD-1 Settlement Statement/Settlement
Disclosure Statement.
Listing Changes: Seller may make changes to MLS listing, all
changes must be submitted via email.
Authorized Signatures: This Agreement requires Seller’s
signature (s) as well as Broker’s signature in order for such
Agreement to become effective. Seller stipulates that all persons
and/or entities who have ownership interest and authorized to sell
the Property have signed this agreement. If any individual signing
this Agreement is acting in a representative capacity, such
individual certifies having legal authorization to enter into this
Agreement.
Indemnification: Seller shall indemnify, defend and hold
Broker harmless from and against any and all claims, demands, suits,
damages, liability, losses or expenses( including reasonable
attorney’s fees) arising out of any misrepresentation, nondisclosure
or concealment by Seller in connection with the sale of the
Property, including, without limitation, the inaccuracy or
incompleteness of any information provided by Seller for listing in
the MLS.
Signed Agreement: Broker will sign and return a copy of the
Listing Agreement to Seller.
Compliance: Seller understands Broker is subject to fines and
sanctions for noncompliance of MLS rules. Should Seller fail to
provide the above information or default under any terms and
conditions of this Agreement, Seller must pay expenses and fines
imposed on Broker by the MLS or any other agencies for
noncompliance, including reasonable attorney’s fees incurred in
connection with such default or the enforcement of this Agreement.
Overview: You are advised and acknowledge that Broker is not
providing advice or information on matters regarding legal,
financing, engineering, tax, structural/mechanical condition,
hazardous materials or surveys. You are advised to seek independent
and expert help regarding these matters from professionals in these
areas. Brokers sole responsibility is to list your home in the
Multiple Listing Service and service your listing as required by
regulation or law or this agreement.
MLS Restrictions: Remarks violating Fair Housing laws are not
allowed by the MLS.
MLS Services/Broker Held Harmless: Photography, Internet
advertising and some other forms of advertising are provided by the
MLS not the Broker, and Broker is not responsible for any
inaccuracies or clerical errors in MLS listings; any delays, errors
or interruption of services provided by MLS service, internet
providers, sign/lockbox materials delivery services (i.e. UPS.,
common carriers, local delivery services) or other 3rd party
vendors, and Seller specifically indemnifies and holds Broker
harmless from any and all claims, loss or liability arising from any
matters involving listing services, photography, internet
advertising, delivery of materials, or any other forms of
advertising including errors or omissions in any listing placed in
the Multiple Listing Service, Internet or other electronic or
printed media.
Limitation of Liability: In no event shall Home Discovery
REALTORS or it’s Broker or employees be liable for any direct,
special, indirect or consequential damages, or any other damages of
any kind, including but not limited to loss of use, loss of profits,
or any other kind of loss, whether in an action in contract, tort
(including but not limited to negligence), or otherwise, arising out
of or in any way connected with the products, services or any other
terms of this Agreement. In any case, Home Discovery REALTORS or
it’s Broker or employees entire liability under any provision of
this Agreement shall be limited to the amount actually paid by you
for products or services.
Applicable Law and Venue: These terms and conditions shall be
governed by and construed in accordance with the laws of the
Commonwealth of Virginia, applicable to agreements made entirely to
be performed within the Commonwealth of Virginia, without resort to
its conflict of law provisions.
REIN Addendum attached (applicable to REIN Listings).
CVR MLS Addendum attached (applicable to CVR MLS Listings).
Updated 03/16/2012
In Addition For REIN MLS Listings: The attached Required Form
from the REIN MLS is made inclusive to this agreement. Required by
the REIN MLS.
REAL ESTATE INFORMATION NETWORK, INC.
ADDENDUM TO NON-REIN EXCLUSIVE MARKETING OR LISTING AGREEMENT
(NRLA)
It is understood and agreed between the partied to the Agreement
that the following terms and conditions shall be incorporated into
the Agreement and shall become a part thereof and incorporated
therein:
A. Listing Data & Photos: Seller, Listing Agent and Listing Firm
hereby transfer and assign to REIN all rights of ownership and
copyright to all information, including photographs and sketches,
submitted to REIN regarding the Property. Seller, Listing Agent and
Listing Firm represent and warrant that they are the owners of such
information and agree to indemnify and hold REIN harmless for any
claim brought against REIN arising out of REIN’s use of such
information. Seller, Listing Agent and Listing Firm waive any claims
that REIN’s use of information is unlawful because REIN did not
properly obtain rights to use such information. Seller authorizes
Listing Agent and Listing Firm to submit information concerning the
Property to REIN or any other entity. Seller, Listing Agent and
Listing Firm hereby acknowledge, agree and authorize that
information regarding the Property, including offers of cooperation
and compensation to Selling Firm shall be made available to all REIN
Members, for their authorized use, including distribution in any
form to REIN Members’ customers and clients. The REIN Property Data
Input Form and Feature Sheet are attached to and shall become part
of this Agreement.
B. Advertising: Seller authorizes Listing Firm to advertise the
sale of the Property with any and all advertising and marketing
media, including the Internet, solely at the discretion of Listing
Firm. Unless otherwise agreed to in writing. Listing Firm shall have
no duty to continue to market the Property subsequent to Seller
entering into a purchase agreement. Seller acknowledges that while
Seller has an exclusive listing with a REIN member firm, Seller’s
failure to comply with above will result in the listing being
removed from the REIN system. Unless otherwise noted below, Seller,
Listing Agent and Listing Firm acknowledge that information
regarding the Property, including the address for mapping purposes,
may be made available to the general public via the Internet,
through REIN Members’ websites or other means.
C. Cooperation: Seller agrees that all REIN members and licensed
real estate brokers or their agents may show the Property and that
Seller shall offer cooperation whether the buyers is assisted by a
buyer broker agent or other licensee acting on behalf of the buyer
(collectively the “selling Firm”). Seller agrees to make the
Property available for showing at all reasonable hours and to refer
to Listing Firm all inquiries relative to the purchase of the
Property. The parties shall comply with all local, state and federal
laws, rules and regulations in connection with the listing and sale
of the Property, including but not limited to, the U.S. Fair Housing
Act. Seller expressly agrees that as consideration for the agreement
REIN to enter the information concerning the Property in its
database, REIN and its members shall be entitled to rely on
statements and authorizations made by Seller in this NRLA and shall
be third party beneficiaries of this NRLA.
D. REPRESENTATIONS, WARRANTIES AND AGREEMENTS:
1. Warranty & Indemnification: Seller represents and warrants the
accuracy of all representations made by Seller to Listing Firm in
regard to the Property (including, without limitation, all previous
representations and any representation made subsequent to the date
hereof and all representations made in the listing Data Input Form
made in conjunction with this NRLA and the Agreement), and Seller
agrees to indemnify and hold Listing Firm harmless against any and
all damage, liability or expense of any kind whatsoever arising from
the inaccuracy of or Listing Firm’s reliance upon such
representations.
2. Brokerage Fee: The commission rate and/or fees for the sale,
lease or management of real estate is negotiable between each REIN
broker and its client, REIN is not involved, in any way, in in the
negotiation of such brokerage fees. Seller shall pay the brokerage
fee as stated in the Agreement. Seller further acknowledges that the
Brokerage Fee shall also be paid by Seller to Listing Firm in the
event Seller sells, exchanges or otherwise transfers the Property
within ninety (90) days after expiration or termination of the
Listing Period to a person (s) to whom the Property has been shown
or negotiated with as a prospective buyer by Listing Firm or other
REIN participant. In the event an exclusive listing agreement is
entered into by Seller with another licensed real estate firm upon
expiration or termination of this NRLA and the Agreement, then the
previous sentence shall be null and void.
3. General Warranty Deed/Seller Representations:
Except as provided below,
( I) Seller covenants to convey the Property to the prospective
buyer (s) by General Warranty Deed free of all encumbrances,
tenancies, and liens for taxes or other matters of any type (except
for taxes which are not yet due and payable which will be prorated
as of closing), subject however, to any restrictive covenants and
easements of record as of the date of this NRLA and the Agreement.
(ii) Seller represents that Seller has the right to transfer the
Property without obtaining the consent or approval of any other
party, including a bankruptcy court or court having jurisdiction
with respect to the distribution of marital property, and
(iii) Seller represents that Seller has or will have sufficient
cash or other liquid funds to make any payments required in order to
pay all brokerage fees due and transfer the Property without any
liens attaching to the Property.
If at anytime during the term of this NRLA and the Agreement, the
transfer of the Property requires obtaining consent or approval of
any other party, including without limitations, judgment creditors,
lien holders, other lenders or any court, including a bankruptcy
court or court having jurisdiction with respect to the distribution
of marital property, Seller authorizes Listing Agent (a) to disclose
such requirement tin the REIN system and (b) to contact Seller’s
lender or VA (if applicable) to facilitate sale pursuant to the
purchase agreement. Further, if Seller becomes aware of
circumstances which make the representations in either (ii) or (iii)
above untrue subsequent to signing this NRLA and the Agreement,
Seller shall promptly notify Listing Agent of such change in
circumstances and Seller authorizes Listing Agent to make the
disclosures and contacts as described in the previous sentence shall
not excuse Seller’s breach of the representations set forth in this
Agreement or paragraph 6. C of the REIN Purchase Agreement or
constitute a defense that Seller has not breached the
representations set forth in this NRLA and the Agreement or
paragraph 6. C. of the REIN Purchase Agreement.
E. Signage: Only “For Sale” signs of Listing Firm may be placed
on a property listed in REIN. Seller authorizes Listing Firm to
place “for Sale” signs on the Property and remove all other signs.
Seller acknowledges that while they have an exclusive listing with a
REIN member firm, Seller is restricted from placing their own “for
Sale” signs on the Property during the term of the listing. Seller’s
failure to comply with the above will result in the listing being
removed from the REIN system.
F. OFFER TO PURCHSE: If an acceptable offer to purchase is made
in accordance with the provisions of this NRLA and the Agreement,
Seller shall execute the REIN Standard Purchase Agreement, or any
other purchase agreement if mutually agreeable to all parties, and
be bound by the terms and conditions thereof. Seller does not
authorize Listing Firm to divulge to other agents, if asked, the
existence of other offers. In the event Seller is presented with
multiple offers in accordance with the provisions of this NRLA and
the Agreement, Seller shall the option to accept any one (1) of
these offers without liability for failing to accept any of the
other offers. Seller understands that the terms of the Standard
Purchase Agreement obligates Seller to pay a negotiated amount for
repairs required by an appraisal, the wood destroying insect
infestation and moisture inspection report, a well/septic system
report and walk through inspection. Seller shall pay (I) all
expenses of deed preparation, the grantor’s tax on the deed and all
expenses, if any, for removal of title defects and (ii) any Seller
contributions as agreed to in a purchase agreement including those
fees charged by lender for the specified financing which, by law, a
buyer is not permitted to pay.
G. DEFAULT: Should Seller refuse to execute such purchase
agreement, default in the performance of such purchase agreement,
default under the terms and conditions of this NRLA and the
Agreement or intentionally interfere with Listing Firm and/or
Selling firm selling the Property, Seller shall be liable to Listing
Firm and Selling Firm for the brokerage fee or commission, as
defined or described in the Agreement, as if the sale of the
Property had been consummated, and for any expenses, including
reasonable attorney’s fees, incurred by Listing Firm and/or Selling
Firm in connection with this NRLA and the Agreement, the sale of the
Property, or with the enforcement hereof.
H. LOCKBOX: Seller does authorize Listing Firm to use the REIN
SUPRA Keybox or other REIN authorized Keybox (“Keybox”) for the
marketing of the Property. Seller acknowledges that the Keybox is
not designed or intended as a security service. Seller agrees the
SUPRA, REIN, Listing Firm, any member firm of REIN or other
authorized agents shall not be liable for the unauthorized use of
the Keybox and/or unauthorized entry to the Property. Seller agrees
that Seller will not hold REIN or any of the member firms
responsible or liable for damage or theft to the Property or
Seller’s personal property located on the Property during the term
of this NRLA and the Agreement. This paragraph only applies if a
Supra Keybox is ordered.
I. CONFLICTS: In the event of any conflict between any terms or
provisions in this NRLA and the Agreement, the terms and provisions
of this NRLA shall control.
J. NO SELLER-BENEFICIARY: REIN’s Rules and Regulations are
intended solely for the benefit of REIN and its broker-members and
not for the benefit of Sellers. Sellers shall not have the right to
enforce any of REIN’s Rules and Regulations against REIN.
THIS PROPERTY IS OFFERED FOR SALE WITHOUT RESPECT TO RACE, COLOR,
RELIGION, SEX, HANDICAP, FAMILIAL STATUS, ELDERLINESS OR NATIONAL
ORIGIN.
09/28/2010
CVRMLS LISTING ADDENDUM
(FOR USE WITH A NON-CVRMLS LISTING AGREEMENT)
THIS IS AN ADDENDUM to a NON-CVRMLS LISTING AGREEMENT.
1. Owners Authorization to Submit Property Information to CVR
MLS.
The owner is aware that the Broker, as a member of the CVRMLS,
may file the Property and all pertinent information regarding it
with CVR MLS for the term of this Agreement. The Owner understands
that the primary objective of the CVR MLS is to distribute current
information about property listings to all of its members. It is
understood and agreed that the Broker will submit pertinent
information concerning the Property to CVR MLS. Such information,
together with any other information provided to or obtained by the
Broker with respect to the Property, may be disclosed to prospective
purchasers and other brokers and may be included in all listings and
other materials distributed by CVR MLS either before or after the
term of this listing or the sale of the Property. It is further
understood that the Broker will furnish to CVR MLS notice of all
changes of information concerning the Property as agreed by the
Owner, and that upon completion of a fully executed sales agreement
on the Property, the Broker will notify CVR MLS of said sale.
2. Compensation of Cooperating Brokers.
Broker is authorized to make an offer of cooperation and
compensation to other Brokers, including all participants of CVR
MLS. Broker is authorized to show the Property and to make access
available to cooperating brokers whether they are acting as buyer
representatives or in other capacities. Owner authorizes the Broker
to cooperate with and compensate Cooperating Brokers as entered in
the main listing agreement body.
3. Use of Listing Content; Intellectual Property Assignment.
Owner acknowledges and agrees that all photographs, images,
graphics, video recordings, virtual tours, drawings, written
descriptions, remarks, narratives, pricing information, and other
copyrightable elements relating to the Property provided by Owner to
Broker or Broker’s Agent, or otherwise obtained or produced by
Broker or Broker’s agent in connection with this Agreement, and any
changes to such information (the “Listing Content”), may be filed
with one or more Multiple Listing Services, included in compilations
of Listings, and otherwise distributed, publicly displayed and
reproduced. Owner hereby irrevocably assigns and transfers to Broker
any and all copyright rights and other intellectual property rights,
and all actions and causes of action related to the foregoing, and
all Listing Content. Owner represents and warrants to Broker that
the Listing Content and this assignment of rights to Broker does not
violate or infringe upon the rights, including any copyright rights,
of any person or entity. Owner shall indemnify Broker against all
damages, costs, and liabilities.
4. Lockbox Authorization
The Owner does not request the installation and use of a SUPRA
lockbox on said property unless ordered during the payment process.
The Owner is aware and understands that a lockbox is a means by
which persons who have authorized access to said lockbox keys may
gain entrance. The Owner hereby jointly and severally releases and
forever discharges the Broker and all other persons who authorized
access to said lockbox keys from all liability, obligations, causes
of action, claims and demands whatsoever which the Owner may have by
virtue of the installation and use of such lockbox. Owner agrees to
notify tenant, if any, in writing of the intended use of the
lockbox.
5. Owners Authorization Regarding the Internet and Other Media.
CVR MLS brokers may publish Listings of competing brokers on
their web sites. Owner authorizes Broker’s website may also allow
third-parties to (I )write comments or reviews about the Property or
display a hyperlink to comments or reviews in immediate conjunction
with particular Listings, or (ii) display an automated estimate of
the market value of the Property (or hyperlink to such estimate) or
other Listings in immediate conjunction with the Property. If Owner
does not want the Property Listing or address displayed on the
Internet, Owner must submit an email to Broker opting out of
internet.