When To Use the NNRMLS Waiver of Benefits and Why

As you know, at the end of last year NNRMLS released a new “Seller’s Waiver of MLS Benefits” form due to the sharp increase in the number of sellers waiving their MLS benefits. While the Rules surrounding Listing Input and the use of the Waiver of Benefits have not altered in over 5 years, the 2012 form seeks to protect our Members in what is a growing practice likely to expose them to liability if the seller does not fully understand the benefits they may be waiving by withholding the listing from dissemination via the MLS. Continue reading

NNRMLS Waiver of Benefits

At the end of last year NNRMLS released a new “Seller’s Waiver of MLS Benefits” form due to the sharp increase in the number of sellers waiving their MLS benefits. This form seeks to protect our Members in what is a growing practice likely to expose them to liability. Please remember that you must submit a Waiver to the NNRMLS office if you are not listing the property in the MLS. Continue reading