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What is MLS policy?

What is MLS policy?

Aimed at benefitting consumers and ensuring a level playing field for brokers, the new policy requires MLS-participating brokers to share listings with other brokers in the MLS within one business day of marketing the property to the public.

What is Bay East AOR?

8 AM – 5 PM. Bay East Association of REALTORS® is a professional trade association serving more than 6,000 real estate professionals in the San Fran. The mission of the Bay East Association of REALTORS® is to help our members succeed as real estate professionals.

Can you add showing instructions in the public remarks?

The following information is allowed in the Agent remarks: special showing instructions, contacts or phone numbers or special contract information, excluded prospects, virtual tours, broker or agent web sites and email addresses. Lockbox codes or other security system information are permitted with Seller’s permission.

What does MLS disclaimer mean?

Bright MLS The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

What is MLS clear cooperation policy?

The Clear Cooperation Policy is a NAR-mandated policy that governs the public marketing of listings and their entry into the multiple listing service. Within one (1) business day of marketing a property to the public, the listing broker must submit the listing to the MLS for cooperation with other MLS participants.

What is CCAR in real estate?

For over 90 years, the Contra Costa Association of REALTORS® has served its members and the community by assuring the highest level of REALTOR® competence and professional conduct. At the same time, CCAR established a reputation as a powerful advocate for homeowner and real property rights.

Where is the East Bay?

the San Francisco Bay Area
The East Bay is the eastern region of the San Francisco Bay Area and includes cities along the eastern shores of the San Francisco Bay and San Pablo Bay. The region has grown to include inland communities in Alameda and Contra Costa counties.

What does a2a mean in real estate?

This stands for Agent to Agent Remarks. These are remarks on the MLS that only Agents are able to view. Agents use this field to relay information to other Realtors that may be showing their listings. Often it contains special instructions for writing offers on distressed or corporate owned properties.

When loading a listing is a photograph required before publishing?

Yes, all listings must include a property photograph within 1 day after entry. Properties with existing buildings must include a photograph of the front of the building in the mix of photos if it’s not the primary image.

What do members of the MLS promise to do with exclusive listings?

Under an exclusive right to sell listing, the brokerage gets the commission if the property sells during the listing period. This is true no matter who found the buyer, even if it was the seller.

Does the MLS determine the rates that member brokers can charge for their services?

No. An MLS can only assess MLS fees, dues and charges to the office(s) of a brokerage firm that have independently decided to join and access that MLS. Those office are the only offices that are authorized to use that MLS’s data and services.

What is escalation in real estate?

An escalation clause, or “escalator,” is a section in a real estate contract that states that a prospective buyer is willing to raise their offer on a home should the seller receive a higher competing offer. The clause will state how much more the buyer is willing to pay than the highest offer and their spending limit.

What is Ccars?

The Comprehensive Cost and Requirement System (CCaR) is an enterprise program and financial management system that delivers real-time program information to government decision-makers.

What is Trepac Agent fair share?

Your TREPAC Fair Share funds government affairs issues and activities, and is an “investment” in your profession, private property rights, and homeownership.

What counts as East Bay area?

The East Bay is the eastern region of the San Francisco Bay Area and includes cities along the eastern shores of the San Francisco Bay and San Pablo Bay. The region has grown to include inland communities in Alameda and Contra Costa counties.

What is East Bay known for?

Cal State East Bay was noted for its exceptionally diverse student body, ranking as one of the most diverse four-year public college on the U.S. mainland by the Chronicle of Higher Education. Cal State East Bay ranks #25 in CNBC’s Top 50 US Colleges that Pay off the Most.

What does agent see private remarks mean?

Calling it “private remarks” suggests that what is found there is private info (i.e. only for agent consumption, not to be shared with clients).

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