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Section 1.2.1 Limited Service Listings

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Listings of property filed with TREND under which the listing Participant will not provide one or more of the following services:

  • arrange appointments for cooperating Participants to show the listed property to potential buyers (but instead gives cooperating Participants authority to make such appointments directly with the seller),
  • accept and present to the seller agreements of sale for the property procured by cooperating Participants (but instead gives cooperating Participants authority to present agreements of sale directly to the seller),
  • advise the seller as to the merits of agreements of sale,
  • assist the seller in developing, communicating or presenting counter-offers,
  • participate on the seller’s behalf in negotiations leading to the sale of the listed property,

must disclose that the listing Participant’s services to the seller are “limited” in the listing data field specifically provided for that information (“Limited Service Y/N”) and such information shall be disseminated to all TREND Participants and their Authorized Affiliates.16 (adopted 1/2003, implemented 7/2004)

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