Sellers Authorization to Submit Property Information to CVR MLS:
The undersigned Seller is aware that the Broker, as a member of CVR MLS, has an obligation to file the Property and all pertinent information regarding it with CVR MLS for the term of this agreement. The Seller understands that the primary objective of the CVR MLS is to distribute current information about property Listings to all of its members and that the vast majority of homes for sale in the Richmond Metropolitan area are marketed through the CVR MLS database. The Seller acknowledges that by not allowing the publication of their Property in the CVR MLS database, the Seller will substantially reduce the number of potential purchasers and cooperating real estate offices who would learn about the availability of the Property. It is understood and agreed that the Broker will submit pertinent information concerning the Property to CVR MLS. Such information, together with any other information provided to or obtained by the Broker with respect to the Property, may be disclosed to prospective purchasers and other brokers and may be included in all Listings, comparable books and other materials distributed by CVR MLS either before or after the term of this Listing or the sale of the Property. It is further understood that the Broker will furnish to CVR MLS notice of all changes of information concerning the Property as agreed by the undersigned Seller, and that upon completion of a fully executed sales agreement on the Property, the Broker will notify CVR MLS of said sale.
Use of Listing Content; Intellectual Property Assignment:
Owner acknowledges and agrees that all photographs, images, graphics, video recordings, virtual tours, drawings, written descriptions, remarks, narratives, pricing information, and other copyrightable elements relating to the Property provided by Owner to Broker or Broker’s agent, or otherwise obtained or produced by Broker or Broker’s agent in connection with this Agreement, and any changes to such information (the “Listing Content”), may be filed with one or more Multiple Listing Services, included in compilations of Listings, and otherwise distributed, publicly displayed and reproduced. Owner hereby [select one]: does OR ___ does not irrevocably assign and transfer to Broker any and all copyright rights and other intellectual property rights, and all actions and causes of action related to the foregoing, and all damages, profits, and other recoveries related thereto, which Owner may have or acquire in and to any and all Listing Content. If Owner irrevocably assigns and transfer to Broker the said rights, then Owner represents and warrants to Broker that the Listing Content and the assignment of rights to Broker does not violate or infringe upon the rights, including any copyright rights, of any person or entity, and Owner agrees to indemnify Broker against all damages, costs, and liabilities, including twenty-five percent (25%) attorney fees, arising from any claim that the Listing Content or any portion of the Listing Content infringes the rights of any third party.
Sellers Authorization Regarding the Internet:
Internet and Other Media:
Owner authorizes the dissemination of Property/sales information to CVR MLS participants, including electronic format, magazines and other media. CVR MLS brokers may publish Listings of competing brokers on their web sites. If authorized below, Broker’s website may also allow third-parties to (i) write comments or reviews about the Property or display a hyperlink to comments or reviews in immediate conjunction with particular Listings, or (ii) display an automated estimate of the market value of the Property (or hyperlink to such estimate) or other Listings in immediate conjunction with the Property.
If Owner does not want the Property Listing or address displayed on the Internet, Owner must complete the “OPT OUT OF INTERNET” section below.
OPT-OUT OF INTERNET
Complete this section only if Owner desires to opt out of Internet display
Owner may opt out of having the property Listing or property address displayed on the Internet by selecting Option A or B below.
Option A: [ ] Owner has advised Broker that Owner does not want the Property displayed on the Internet.
Option B: [ ] Owner has advised Broker that Owner does not want the address of the Property displayed on the Internet.
Owner understands and acknowledges that if Option A has been selected, consumers who conduct searches for Listings on the Internet will not see information about the Property in response to their search. _____/____ (Owner’s Initials)
Owner (initial one) authorizes _____ OR does not authorize _____ third-parties to write comments or reviews about the Property or provide hyperlinks to comments or reviews to any property in immediate conjunction with the Property.
Owner (initial one) authorizes _____ OR does not authorize _____ an automated estimate of the market value of the Property (or any hyperlink to such estimate) or any property in immediate conjunction with the Listing.
The Owner requests does not request (CHECK ONE) the installation and use of a CVR MLS approved lockbox on said Property. The Owner is aware and understands that a lockbox is a means by which persons who have authorized access to said lockbox keys may gain entrance. The Owner hereby jointly and severally releases and forever discharges the Broker and all other persons who have authorized access to said lockbox keys from all liability, obligations, causes of action, claims and demands whatsoever which the Owner may have by virtue of the installation and use of such lockbox. Owner agrees to notify tenant in writing, if any, of intended use of lockbox.