Parties
Identify seller(s) and listing broker with full legal names, business entities, and contact information to ensure binding obligations align with title documents.
A clear MLS Sales Agreement defines commission, marketing rights, and responsibilities, reducing disputes and enabling accurate MLS submission. It creates a binding record of terms that supports smooth offer management and closing logistics.
Parties should ensure signatory authority and correct legal names to prevent delays or invalidation of MLS enrollment.
| signNow | DocuSign | Adobe Sign | PandaDoc | HelloSign | |
|---|---|---|---|---|---|
| Starting Price | $8/user/mo | $15/user/mo | $14/user/mo | $19/user/mo | $15/user/mo |
| Free Trial | 7-day trial | Varies | Varies | Varies | Varies |
| Bulk Send | Yes (Premium) | Yes | Yes | Yes | Varies |
| Audit Trail | Yes | Yes | Yes | Yes | Yes |
| HIPAA Compliant | Yes | Yes | Yes | No | No |
| Envelope Cap | No cap | 100 envelopes/user/year | Varies | Varies | Varies |
| Field | Configuration |
|---|---|
| Authentication Method | Email link or SMS code; use stronger ID for high-risk cases |
| Required Fields | Signature, printed name, date, and initials for each page |
| Routing Order | Sequential: seller then broker; parallel if multiple sellers |
| Storage Location | Broker cloud archive plus client copy |
Identify seller(s) and listing broker with full legal names, business entities, and contact information to ensure binding obligations align with title documents.
Provide street address, city, state, ZIP, and parcel/lot number where available; avoid vague descriptions that complicate MLS indexing or title searches.
State list price, price adjustments, earnest money expectations, and whether pricing is subject to change or contingent on inspections or appraisals.
Specify commission percentage or flat fee, split arrangements with cooperating brokers, and conditions under which commission is earned or refundable.
Grant explicit permission to publish property details on MLS, third-party sites, and cooperating broker networks, including marketing consent and photo use.
Include signature blocks for all sellers and listing broker, with printed names, capacity (e.g., trustee), and execution dates to establish effective date.
State- or county-required property condition disclosures describing material defects, known issues, and statutory seller statements; omission risks legal exposure.
Required for homes built before 1978; include EPA-required disclosure and buyer acknowledgment when applicable to comply with federal rules.
If available, attach a recent property survey or plot showing easements and boundaries; absence may delay title or closing inspections.
A title report or commitment highlights liens or encumbrances; disclosing these early prevents surprises during escrow and accelerates closing.
Confirm MLS formatting rules and retention policies; ensure exported signed PDFs include an audit trail and are stored in secure cloud or brokerage archives.
Date agreement becomes binding; use MM/DD/YYYY format
Date listing authority ends unless renewed or extended
Inspection, financing, and appraisal cut-off dates
Date escrow deposit must be delivered
Scheduled settlement date for transfer of title