The provision in a listing contract that gives additional authority to the broker and obligates the broker to distribute the lis

Question

Vladimir79 [104]

3 years ago

11

The provision in a listing contract that gives additional authority to the broker and obligates the broker to distribute the lis

ting to other brokers is

Business

1 answer:

lukranit [14] · Answer 1 · 2022-06-16T07:32:27+03:00

Answer:

Multiple Listing Clause

Explanation:

Multiple listing clause is a business or investment term that describes a form of a clause or listing agreement that enables a broker to make his or her listings available through other brokers also referred to as Multiple listing services.

Hence, the provision in a listing contract that gives extra permission to the broker and obligates the broker to distribute the listing to other brokers is known as MULTIPLE LISTING CLAUSE