Master Listing Agreements (MLAs) are used when there is a listing agreement for multiple homes or lots, such as a development or subdivision. To maintain uniformity, please follow these guidelines when entering properties that are part of a Master Listing Agreement.
MLAs Must:
- Be placed on file with the MLS Please send the MLA to QA@mlsnow.com
- Have a beginning and ending date outlined within the agreement.
- List the lots and/or subdivision, along with the pricing (listing price for the unit/lot) that is being covered through that specific MLA.
Entry in the MLS:
- Once the unit/lot has been platted, it must be entered in the MLS within the 48-hour rule The listing date/expiration date must reflect the listing & expiration terms as established on the MLA.
Amendments/Addendum (Using Different Terms than MLA) Must:
- Reflect the new listing date and (if different than the MLA) the expiration
- Reflect the new listing price (if different than Master Agreement).
- Be properly executed by having the Addendum signed by the
- Be sent to the MLS if audited or requested by MLS staff to ensure MLS rules compliance.
- The listing(s) is/are required to be entered into the MLS within the 48- hour time frame of the listing date if using the Amendment as opposed to the MLA