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. (a) Class 1 - Single-family detached residence on property. (Manufactured homes must include the sale of the land in order to be listed as a Single-family detached residence.)

accept exclusive right to sell or lease listing contracts and exclusive agency listing contracts and may accept other forms of agreement which make it possible for the listing broker to offer compensation to the other Participants of the MLS acting as subagents, buyer agents, or both.

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