Section 2.0: Showings and Negotiations

Showings and Negotiations

Appointments for showings are required.  All appointments for showings and all negotiations with the seller for the purchase of listed property entered into the Service shall be conducted through the listing broker except under the following circumstances:

A.) SHOWINGS: The listing broker gives cooperating brokers or his or her licensee specific authority to show the property subject to any showing instructions contained in the on-line system. If after reasonable effort, the cooperating broker cannot contact the listing broker or his or her licensee(s), then cooperating broker may contact seller directly, in which case the cooperating broker shall, at the earliest opportunity, report to the listing broker any showing of property. The listing broker, at his option, may preclude such direct showing by subagents, buyer’s agents or both by noticing such intent in his remarks on the property data form in the on-line system.  If a key is obtained from the broker, the cooperating broker or his or her licensee shall return the key immediately.  If access is gained to a vacant property via a lockbox, the licensee shall notify the listing broker at the earliest opportunity.

B.) NEGOTIATIONS: If after reasonable effort, the cooperating broker or his or her licensee cannot contact the listing broker or his or her representative or one of the licensee(s) in that firm, then the cooperating broker or his or her licensee shall contact the Shareholder’s corporate office or the corporate office of those Associations of REALTORS® who subscribe to the Service to which the listing broker belongs for assistance. The listing broker, at his or her option, may preclude such direct negotiations by noticing such intent in the remarks on the Property Data Form in the on-line system.

 

 

< Previous                                                                                                                                                Next>