Compliance Corner- Master Listing agreements






Please note: this article is a snapshot of a message that was posted on the MLS system at some point within the last year.  Things evolve rapidly in our industry, and the information in this article may have changed since it was first published. Compliance Corner articles are not updated after they are published, even if the information contained within has changed.

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Compliance Corner #50

February 15, 2022


When a Broker has a Master Listing Agreement for a project such as a new sub-division or development, condos being built in phases or some other large project with multiple units/models being marketed, they will have a Master Listing Agreement with the owner to sell the properties. Master Listing Agreements contain contractual information as well as construction schedules, price ranges, model/unit descriptions and other information.


Many times when the Broker has a Master Listing Agreement, the Listing Agent will only receive a summary sheet for the listing(s) assigned to them.  Because of this, we do not require a listing agreement to be uploaded to each of these listings.  However, the list agent should upload a Listing Agreement Compliance Certification (LACC) (unsigned) with the dates, etc. and a note that the master agreement is available if need be.


The List Date on the LACC should represent the date the specific unit/model is to begin being marketing/advertising, NOT the Start Date on the original Master Listing Agreement.


The Master Listing Agreement can have a range in the price field, but the Listing Agreement Compliance Certification form must have a specific price on it (per unit).  It is not acceptable to have a price range on the Compliance Certification.


In the case of a Condo, please reference the specific unit number on the Compliance Certification form.


The MLS allows a representative sample of units/styles/models to be listed.  Any subsequent units that are sold can be entered in Matrix FOR CREDIT.  MLS Staff will then need to adjust dates (for DOM purposes), if necessary.


*** CLICK HERE for a sample LACC Master Agreement  designed to help you fill out the Listing Agreement Compliance Certification for a unit that is covered by a master listing agreement. ***


The Compliance Team values your opinions, comments and suggestions!!!

Never hesitate to contact us at or 203-750-6000!

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