Section 12: Definitions (12.1–12.12)
This article contains Section 12 of the MLS Now Rules and Regulations (Definitions 12.1–12.12), effective 08/03/2026. The text below matches the official MLS Now Rules and Regulations. Definitions 12.13–12.26 are in this article.
The following defined terms apply in these Rules:
12.1 Appraiser
An individual holding a current, valid appraiser license or certification under applicable state law.
12.2 Auction
A sale method in which a property is sold to the highest qualified bidder under published terms and conditions.
12.3 Broker
A person or firm holding a current, valid real estate broker license under applicable state law.
12.4 Business Day
Monday–Friday, excluding federal and Ohio state holidays.
12.5 Buyer
A prospective purchaser or tenant, or their authorized representative, in a real estate transaction.
12.6 Clerical User
A non-licensed assistant or staff member who, under a written agreement and the supervision of a Participant, is authorized for limited access to MLS Now.
12.7 Cooperating Broker
A Participant who seeks to show, present, or procure a buyer/tenant for a listed property.
12.8 IDX
Internet Data Exchange, permitting broker-controlled public display of listings, subject to these Rules.
12.9 List Date
The effective date or starting date of the term of the Exclusive Right to Sell or Exclusive Agency agreement or the last seller’s signature date on the agreement, whichever is later.
12.10 Listing Broker
The Participant responsible for a listing agreement and its submission to MLS Now.
12.11 Listing Content
All information, data, media, and materials submitted to MLS Now, including photos, remarks, documents, and structured fields.
12.12 Media
Photos, videos, renderings, floor plans, virtual tours, and other graphical materials submitted to MLS Now.