Section 1.3 Purpose

The Multiple Listing Service operated by CVR MLS is: 

a) a facility for the orderly compilation and dissemination of Listing information through which Participants may better serve their clients, and customers and the public; 

b) a means by which authorized Participants may make blanket unilateral offers of compensation to other Participants (acting as buyer agents, or in other agency or non- agency capacities defined by law); 

c) a means of facilitating cooperation among Participants; 

d) a means by which information is accumulated and disseminated to enable authorized Participants to prepare appraisals, analyses, and other valuations of real property for bona fide clients and customers; 

e) a means by which Participants engaging in real estate appraisal contribute to common databases. 

Entitlement to compensation is determined by the cooperating broker’s performance as procuring cause of the sale (or lease). 

Article 1: ORGANIZATION AND PURPOSE

←Back to the Table of Contents