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.
$399 Diamond MLS Listing Package Includes:
A. Entry into the Multiple Listing Service chosen on the listing
agreement,
B. Photos-Up to 40 for MLS (photos provided by seller and owned
by the 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
L Broker negotiates with agents for you
M. E-signatures are used to sign forms and contracts
N. Broker will draft contracts for Sellers and Buyers without
agents
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 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 be assisting in the drafting and negotiating of
offers, counteroffers, amendments, establishing strategies
for accomplishing the seller's objectives including
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. Seller(s) shall be responsible
for the listing price and showing arrangements for the listed
property.
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. The compensation is not negotiable with a Buyer Agent.
The listing agreement is a contract separate from a purchase
agreement.
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/Sentrilock Electronic Lockboxes: It is understood that
Supra/Sentrilock 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/Sentrilock 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. The Seller
is responsible for arranging appointments and showings with
agents.
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 PURCHASE: 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.
Updated 04/06/2022
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