Related Words

Buyer Listing: An agreement where a buyer agrees to pay a commission if a broker locates a property that the buyer purchases.

Multiple Listing: An agreement used by a broker who is a member of a multiple-listing organization, providing the exclusive right to sell, with the additional authority and obligation to distribute the listin . . . View Full Definition

Multiple-Listing Clause: A provision in an exclusive listing for the authority and obligation on the part of the listing broker to distribute the listing to other brokers in the multiple-listing organization.

Multiple-Listing Service (MLS): A marketing organization composed of member brokers who agree to share their listing agreements with one another in the hope of procuring ready, willing and able buyers for their properties . . . View Full Definition

Must-Buy Buyers: Buyers looking for properties that meet specific needs.

Loan Broker Listing: A mortgage loan brokers contract with a buyer to obtain a loan.

Listing Requirements: Requirements, including minimum shares outstanding, market value, and income, that are laid down by an exchange for any stock to be listed for trading.

Listing Broker: The broker in a multiple-listing situation from whose office a listing agreement is initiated, as opposed to the cooperating broker, from whose office negotiations leading up to a sale are i . . . View Full Definition

Listing Presentation Manual: Used by real estate brokerages to make presentations to listing prospects. A visual aid used in combination with a verbal presentation made by a real estate agent.

Listing Requirement: Listing requirements are the standards a corporation must meet to have its stock or bonds traded on a particular exchange. Exchanges set their own initial and continuing listing requirements . . . View Full Definition