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Sellers…Ask to See the Full MLS Listing Display

When your home goes on the market, ask your Listing Agent to send you a copy of the full MLS listing display. This is what other Realtors see when they look at your property on the MLS. It includes the commission offered, showing instructions, and an Agent remarks section.

Not only can you make sure you know how much commission is being offered (most Sellers assume the commission is split 50/50 but some Listing Agents will keep more for themselves), you can also see how the Listing Agent is marketing to agents.

The majority of MLS listings in the system don’t have anything in the Agent remarks section. This is a BLOW IT to me as the Listing Agent is missing an opportunity to further promote the home to other agents. You don’t want to duplicate what’s in the public comments but a good Listing Agent will know what to say.

If your Listing Agent says they aren’t supposed to send this to you then this is a BIG red flag. Agents aren’t supposed to provide the full listing to a Buyer but there is nothing to say the Seller can’t see it. The reason it can’t go to a Buyer is because the Seller’s contact info is usually listed on it as well (for showings).

The commission split between Listing Agent and Buyers Agent should be addressed on the Listing Agreement. MAKE SURE the percentage split is written on the agreement before you sign.

Written by Keith Byrd - Go to Keith's Website/Profile