As a real estate professional, it`s essential to stay on top of important contracts and agreements to ensure all parties are protected and the transaction runs smoothly. One such document is the MLS Supplementary Agreement, which is typically used in conjunction with the standard MLS Listing Agreement.
If you`re wondering when to schedule this important agreement, the answer is as soon as possible. It`s crucial to have the MLS Supplementary Agreement in place before any showings or offers take place, as it outlines additional terms and conditions that may affect the transaction.
So, what exactly is included in the MLS Supplementary Agreement? This document typically addresses items such as commission structure, property disclosures, and any special provisions that are not covered in the standard MLS Listing Agreement. It may also outline specific showing instructions, such as limited showing times or the need for advance notice.
By having the MLS Supplementary Agreement in place early in the process, all parties involved will have a clear understanding of the terms and expectations for the transaction. This can help to prevent misunderstandings and potential conflicts down the road.
When it comes to scheduling the MLS Supplementary Agreement, it`s important to work closely with your real estate agent or attorney. They can guide you through the process and ensure all necessary documents are properly executed.
In conclusion, scheduling the MLS Supplementary Agreement in place should be a top priority for any real estate professional. By having this important document in place early in the process, you can help to ensure a smooth and successful transaction for all parties involved. So, if you haven`t already done so, be sure to discuss the MLS Supplementary Agreement with your agent or attorney and get it scheduled as soon as possible.