Transcription of Rules and Regulations—Multiple Listing Service
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Rules and Regulations—Multiple Listing Service
6/15/2020 Copyright 2020, HOUSTON REALTORS INFORMATION Service , INC. All rights Reserved Rules and regulations multiple Listing Service ( MLS Rules ) of the Houston Realtors Information Service , Inc. ( HRIS ) Listing PROCEDURES and Types of Properties: Listings of residential properties of thefollowing types, which are listed subject to a real estate broker s license, located within the territorial jurisdiction of the multiple Listing Service ( MLS ) taken by Participants (also referred to as Participant Subscribers) must be broker-loaded with the MLS within three (3) days after the commencement of the term of the Listing contract and all necessary signatures of seller(s) or lessor(s) have been obtained.
The exclusive agency listing also authorizes the listing broker, as exclusive agent, to offer cooperation and compensation on blanket unilateral bases, but also reserves to the seller the general right to sell or lease the property on an unlimited or restrictive basis. Exclusive agency listings and exclusive right to sell or lease
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