ADDvantage Real Estate Network
United States Flat Fee Multiple Listing Service (MLS) Agreement to List and Maintain Real Properties
GetMoreOffers Flat Fee Listing Agreement
for Rent or Lease of Real Property
1) Purpose:
This is an Exclusive Agency listing agreement whereby LESSOR is paying ADDvantage Real Estate Network (BROKER) a flat fee of $599 to provide an MLS listing service consisting of limited representation(LESSOR is self-represented in all showings and negotiations).
LESSOR acknowledges that BROKER will place said property into the selected MLS under an Exclusive Agency listing which means that LESSOR can only list said Property with one broker.
2) Legal Capacity and Right:
This AGREEMENT is to be entered into by person(s) of legal capacity to rent or lease real property and have the appropriate legal right to rent or lease such property listed in the AGREEMENT.
3) Parties to the Agreement:
This AGREEMENT is entered into between the LESSOR of real property located at and ADDvantage Real Estate Network (BROKER).
4) Services Provided by BROKER:
This AGREEMENT is entered into with the understanding that subject property is to be listed in the MLS for a flat fee which includes the following:
A) Leads:
All leads received from any source will be managed and recorded in LESSOR's account by the following protocol:
i) Informing caller of LESSOR's contact phone numbers
ii) Following the showing instructions as provided by LESSOR
iii) All leads will be documented in LESSOR account under “Buyer Leads” section, located within MY ACCOUNT.
B) Listing Changes:
i) LESSOR is limited to 3 price changes per 30 day period (at no additional charge), in an effort to comply with local MLS board rules that track and limit excessive price changes as a means of triggering MLS “hot sheet” reports.
Changes must be made in the following increments(based on current listing price):
a) Less than $100,000, minimum price change: $500
b) $100,000 to $250,000, minimum price change: $1,000
c) Above $250,000, minimum price change: $2,500
ii) Any changes to listing, other than price and commission, will be limited to one round of changes* per 30 day period at no additional cost to LESSOR.
iii) Any additional requests for changes beyond the one free round of changes per 30 day period (Item above), will be charged to LESSOR at $20 per round of changes.
* LESSOR can make as many changes as necessary at no charge (one time per 30 day period) BUT must complete all change requests at the same time.
5) Term of Agreement and Right to Cancel:
The term of this AGREEMENT will begin on the 26th day of November , 2024 , (or date of MLS Listing Entry) and terminate at 11:59 p.m. the 26th day of May , 2025 (or 6 months from listing start date).
If the property is not sold before the listing expires, LESSOR may opt to extend the listing for an extra 6 months for a discount of 20% off of your original service price.
If listing agreement with BROKER expires while subject property's listing status is contract pending, then BROKER agrees to extend listing period for a period of 60 days.
This extension includes an administrative fee of $25, to be paid at each 60 day extension period, as well as all current terms and conditions until such time as the property closes or the termination of such contract.
This agreement can be cancelled by LESSOR anytime* by providing written notice to BROKER.
BROKER will terminate MLS listing within 24 hours.
To Request termination:
To Request termination:
A) Using your user name and password go to My Account, then Listing Status, and click on the link for Withdraw/Off-Market. Use the provided form;
B) or, fax your request to ;
C) or, write us @ ADDvantage Real Estate Network, .
* LESSOR cannot cancel AGREEMENT if there has been an executed contract, which is pending closing.
LESSOR(s), please initial here: ; ; ; .
6) This Agreement is Governed by:
A) All State and Federal Laws regarding housing including but not limited to: Civil Rights Act of 1856 and 1968 (Fair Housing ACT), Equal Housing Laws and in particular to the equal and unbiased showing of property regardless of race, color, religion, sex, handicap, familial status or national origin.
B) All rules and regulations of the Multiple Listing Service (MLS).
C) The terms and conditions of the ADDvantage® Real Estate Network found at http://www.getmoreoffers.com/terms.asp
7) Price:
This property is being listed for rent for: $ per month.
This price was solely determined by the LESSOR.
8) Broker Obligations, Authority, and Compensation:
A) LESSOR authorizes BROKER to list property in the MLS, GetMoreOffers® Real Estate Network's proprietary websites, Realtor.com, real estate publications, and other real estate websites for the purpose of procuring LESSOR a LESSEE, and to provide sales information including selling price to the MLS upon sale of the property.
B) LESSOR's ONLY compensation to BROKER for this service is a flat fee of $599.
C) BROKER carries Errors and Omissions Insurance.
D) Once a property is listed in the MLS, there are no refunds or partial refunds.
LESSOR(s), please initial here: ; ; ; .
LESSOR(s), please initial here: ; ; ; .
9) LESSOR'S Rights, Obligations, and Risks:
A) LESSOR is the contact person, in the MLS, responsible for all showings, appointment settings, and incoming phone calls from interested real estate agents, brokers, general public and others (unless LESSOR has elected to use Agent Assure). LESSOR should make all reasonable efforts to make available the property to be shown at reasonable times and agrees to be reasonably available to respond to agents and prospects in a timely manner, including maintaining an operational contact phone number, provided to BROKER. If BROKER deems that LESSOR is unresponsive to agents' requests for showings and/or cannot be reached by phone for more than 3 consecutive days, BROKER has authority to temporarily withdraw the listing from MLS until LESSOR responds and confirms availability at which time Broker will re-activate listing for no charge, provided it is within the original listing period.
B) If LESSOR elects to use a lock box, LESSOR accepts responsibility for items stolen from property.
C) LESSOR acknowledges and accepts all risks one might encounter while showing property to prospects and agrees to hold BROKER and GetMoreOffers harmless of any liability resulting from showing the property.
D) LESSOR can lease Property to a LESSEE not procured by a licensed agent and will owe no co-brokerage commission.
E) LESSOR shall not advertise Property for a price lower than stated in the MLS. This does not prohibit a LESSOR from negotiating a lower price and does not prohibit LESSOR from verbally speaking of a lower price than advertised in the MLS when speaking to prospect. This MLS rule only pertains to printed advertisements.
F)
LESSOR agrees to report all listing status changes or closing information to BROKER within 24 hours of a change of status (contract pending; contract pending/accepting backups; sold/closed/rented; withdrawn/off market) by logging into your account and clicking on “change status” and completely filling out the required information pertaining to the transaction. This information is kept 100% confidential and is only accessible by LESSOR and our staff for purposes of reporting required info to the MLS. MLS rules prohibit falsely reporting a withdraw/or cancellation of a listing when the property is actually under contract.
Due to the strict nature of the MLS reporting requirements, the listing BROKER is held responsible for promptly reporting (within 48 hours; INCLUDING weekends/holidays) all MLS listing status changes and closing information. These mandatory MLS requirements ensure the accuracy of the MLS. Non-compliant Brokers are subject to fines up to $500 and/or possible MLS membership suspension. Therefore, BROKER requires strict compliance by our LESSORS with reporting listing status changes.
Failure to report required sales data information to BROKER accurately (including: sales price, contract date, estimated closing date, seller concessions [buyer closing costs, furniture, gifts], buyer name, buyer's agent contact info [name, phone, email], title company info [company name, phone, name and email address of closing agent]) within 48 hours, will be considered a breach of this listing agreement. BROKER reserves the right to charge LESSOR a penalty fee of $299 to the credit card on account for noncompliance of status reporting.
You may view a set of typical MLS rules and policies at https://www.getmoreoffers.com/article/typical-mls-rules-and-policies.asp
LESSOR(s), please initial here: ; ; ; .
Due to the strict nature of the MLS reporting requirements, the listing BROKER is held responsible for promptly reporting (within 48 hours; INCLUDING weekends/holidays) all MLS listing status changes and closing information. These mandatory MLS requirements ensure the accuracy of the MLS. Non-compliant Brokers are subject to fines up to $500 and/or possible MLS membership suspension. Therefore, BROKER requires strict compliance by our LESSORS with reporting listing status changes.
Failure to report required sales data information to BROKER accurately (including: sales price, contract date, estimated closing date, seller concessions [buyer closing costs, furniture, gifts], buyer name, buyer's agent contact info [name, phone, email], title company info [company name, phone, name and email address of closing agent]) within 48 hours, will be considered a breach of this listing agreement. BROKER reserves the right to charge LESSOR a penalty fee of $299 to the credit card on account for noncompliance of status reporting.
You may view a set of typical MLS rules and policies at https://www.getmoreoffers.com/article/typical-mls-rules-and-policies.asp
LESSOR(s), please initial here: ; ; ; .
G)
LESSOR should provide LESSEE with all notices required by state and federal law including but not limited to:
i) Rules and Regulations part of the deed restrictions (if applicable)
ii) Radon Gas Warning (Optional)
iii) Pre-1978 Lead based Paint Disclosure Notice (required by federal law)
a) In order to stay in compliance with this federal regulation and to protect our clients, it is required for all clients who list homes built in 1978 or before to have filled out the Lead Paint Disclosure form, located in your client control panel. This is a simple form that you can print out and sign. Once complete, simply upload signed document to your account. Any client with a house that was built pre-1978, who does not have this form on file, will not be able to execute a contract with a tenant or LESSEE until this form is disclosed properly. **Failure to sign this form within 5 days of listing will result in a fine of $250 charged to your credit card on your account.
* Note: These forms and others can found at http://www.getmoreoffers.com/forms.asp.
H)
LESSOR holds ADDvantage Real Estate Network, GetMoreOffers, its agents, brokers, affiliates, heirs, employees, owners, assignees and shareholders not accountable and indemnifies the same from loss, damages, costs, fees, or attorney fees from any person, companies, or other entities that BROKER incurs because of:
i) LESSOR'S negligence, representations, misrepresentations, false statements, misleading statements, actions or inactions;
ii) The existence of undisclosed material facts about the property or;
iii) If a court or MLS Board arbitration decision states that a broker was not compensated correctly, it is the obligation of the LESSOR to pay all fines, fees, or commissions associated with the decision.
I) BROKER will send email verification immediately upon LESSOR's property being inputted into the MLS. This notification allows the LESSOR to verify and edit any factual data errors or typos. If so, LESSOR may respond to email verification within 72 hours of receipt, notifying BROKER of such errors. Errors will be corrected within 24 hours. If LESSOR fails to respond to email verification, BROKER will deem LESSOR's listing as accurate.
10) Miscellaneous:
ADDvantage Real Estate Network recommends that LESSORS seek the advice of a Real Estate Attorney before negotiating or signing a real estate purchase and sale agreement or a lease agreement and recommends that SELLERS seek similar advice before closing any real estate transaction. Paragraphs titled "COMPENSATION", "DISPUTE RESOLUTION", "GOVERNING LAW, VENUE, AND WAIVER OF JURY TRIAL", "SEVERABILITY", and NOTICES shall survive the termination or expiration of this Agreement.
ADDvantage Real Estate Network recommends that LESSORS seek the advice of a Real Estate Attorney before negotiating or signing a real estate purchase and sale agreement or a lease agreement and recommends that SELLERS seek similar advice before closing any real estate transaction. Paragraphs titled "COMPENSATION", "DISPUTE RESOLUTION", "GOVERNING LAW, VENUE, AND WAIVER OF JURY TRIAL", "SEVERABILITY", and NOTICES shall survive the termination or expiration of this Agreement.
11) Defamation:
Should it be found that a member posts comments on the Internet about BROKER or ADDvantage Real Estate Network, LLC/GetMoreOffers.com or any of its employees, associates, partners, or affiliates (“Company”) via social media or other at any time during or subsequent to Agreement period that are defamatory; misleading, untruthful, half-truths, or false statements regarding their experience with Company, SELLER agrees to be bound by the process of arbitration (FS Chapter 682 “arbitration” and American Arbitration Association guidelines and practices). Should SELLER be found liable for defamation through the process of arbitration, BROKER will be automatically awarded $5,000 from SELLER/former SELLER as liquidated damages and SELLER will be required to remove post(s) or be fined $500 per day until removed.
Should it be found that a member posts comments on the Internet about BROKER or ADDvantage Real Estate Network, LLC/GetMoreOffers.com or any of its employees, associates, partners, or affiliates (“Company”) via social media or other at any time during or subsequent to Agreement period that are defamatory; misleading, untruthful, half-truths, or false statements regarding their experience with Company, SELLER agrees to be bound by the process of arbitration (FS Chapter 682 “arbitration” and American Arbitration Association guidelines and practices). Should SELLER be found liable for defamation through the process of arbitration, BROKER will be automatically awarded $5,000 from SELLER/former SELLER as liquidated damages and SELLER will be required to remove post(s) or be fined $500 per day until removed.
12) Governing Law, Venue, and Waiver of Jury Trial:
This agreement will be construed under United States law.
In the event of litigation or arbitration involving BROKER in any way arising out of or relating to this Agreement, the Property, or relationship created hereunder, venue shall be exclusively in County, United States.
BROKER and SELLER hereby knowingly and voluntarily waives any right to trial by jury in any litigation.
13) Severability:
In the event that one or more provisions in this Agreement are deemed invalid, the remaining provisions will remain in full force and affect.
In the event that one or more provisions in this Agreement are deemed invalid, the remaining provisions will remain in full force and affect.
14) LESSOR Notification Information:
| Primary Contact Number | (***-***-****) | ||
| Home Telephone: | Work Phone: | ||
| Mobile Telephone: | Facsimile: | ||
| Email: | Alternate Email: | ||
| Mailing Address: | |||
15) Notices:
Any notice, request, demand, consent, or other communication required to be given pursuant to this AGREEMENT shall be in writing to the address set forth below:
ADDvantage Real Estate Network
ADDvantage Real Estate Network
16) LESSOR Acceptance of Agreement:
All persons or entities authorized to sell this property and/or have ownership interest must sign this agreement and including those persons duly authorized to act as representatives for the LESSOR and such persons having certified that they are legally authorized to enter into this agreement.
If you do not fully understand this contract, consult an attorney before you sign it.
By signing below, LESSOR understands and agrees to all of the terms and conditions of this Agreement and acknowledges receipt of a copy within 24 hours of acceptance by BROKER.
| I am the * for property located at | |
| Signature (Type Name) | Date |
| I am the * for property located at | |
| Signature (Type Name) | Date |
| I am the * for property located at | |
| Signature (Type Name) | Date |
| I am the * for property located at | |
| Signature (Type Name) | Date |
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