Listing Price
State the agreed list price and any escalation or price adjustment rules; specify currency and whether price includes fixtures or personal property to avoid misunderstandings.
The Real Estate Multiple Listing Contract centralizes listing terms, clarifies compensation, and documents seller consent to MLS distribution. It reduces disputes over commission, helps ensure required disclosures are included, and creates a record that supports compliance with state real estate laws and MLS rules.
Listing brokers, seller clients, and cooperating brokers are the primary users; attorneys and closing agents reference the contract for commission and disclosure terms.
State the agreed list price and any escalation or price adjustment rules; specify currency and whether price includes fixtures or personal property to avoid misunderstandings.
Specify total commission, cooperating broker split, payment conditions, and whether commission is payable at closing or upon performance to reduce later disputes.
Define the contract start and end dates, exclusivity type (exclusive right to sell, exclusive agency), and automatic renewal or extension provisions if any.
Include legal description, street address, parcel or lot number, and key MLS data (bedrooms, baths, square footage) to ensure correct public listing.
Attach or reference mandatory state disclosures (lead paint, property condition, HOA rules) and confirm seller signing of those disclosures.
Detail which MLS fields will be published, photo permissions, showing instructions, lockbox use, and any seller restrictions for marketing.
| Field | Configuration |
|---|---|
| Required Fields | Mark seller name, address, price, dates as mandatory. |
| Authentication | Enable email or SMS code signer verification. |
| Attachments | Require disclosure PDFs and photo files before submission. |
| Notifications | Send signed copies to seller, cooperating broker, and broker file. |
Choose a platform that supports PDF and DOCX uploads, produces an audit trail, and integrates with MLS or brokerage back‑office systems.
Date the contract authorizes MLS publication and marketing.
Follow any contract-specified timeframe for responding to purchase offers.
Many boards require submission within 24–72 hours of contract signing.
Commission typically payable at closing unless otherwise stated.
Retention triggers at contract execution and closing dates.
Parties sign and effective date is set.
Listing published and syndicated.
Formal offers submitted to listing broker.
Sale recorded and commission disbursed.
Martin Properties moved all listing paperwork online to close listings faster.
Optica Ventures standardized listing templates for investor properties.
| 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 free trial | Varies by plan | Varies by plan | Varies by plan | Varies by plan |
| Bulk Send | Yes | Yes | Yes | Yes | No |
| 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 |