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Mls standard contract purchase

Columbia multiple listing service 2025

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The document is a Standard Form Contract for Purchase and Sale of Real Estate from the Columbia Greene Northern Dutchess Multiple Listing Service. It outlines the legally binding agreement between a seller and purchaser regarding the sale of a property in New York, detailing identification of parties, property description, items included/excluded in the sale, purchase price, mortgage contingencies, title conditions, inspection rights, and other terms. The contract emphasizes the importance of legal consultation before signing and includes provisions for deposits, closing procedures, and attorney approval.

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Do realtors pay for MLS?

Because it costs money to build and maintain this database, the MLS charges user fees to any agents and brokers that access it. Some brokerages will cover the MLS fees as part of a package of perks to attract agents. But most require the agents to pay the fees themselves.

Why do realtors use MLS?

A multiple listing service (MLS) is a database created by collaborating real estate agents containing properties for sale. An MLS allows brokers to see one anothers listings of properties for sale with the goal of connecting homebuyers to sellers.

What is the purpose of the MLS in real estate?

Multiple listing services (MLS databases) are created and maintained by cooperating real estate professionals to share information about properties on the market. This data usually includes details such as the listing price, bedrooms, bathrooms, square footage and other similar data points relevant to potential buyers.

Why is the MLS needed?

A multiple listing service (MLS) is a database established by real estate agents to share details about properties for sale in a particular region. An MLS can help agents see one anothers listings and connect buyers looking for properties on the market.

What is the largest multiple listing service in the US?

California Regional Multiple Listing Service California Regional MLS, the nations largest and most recognized MLS.

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Why use MLS instead of Zillow?

The Multiple Listing System Versus Mass Market Sites It is the place to get all the most accurate and up-to-date information. Since the MLS has all the information, mass market sites like Zillow pull data from it to populate their listings.

Is the multiple listing service available to the public?

In most cases, access to information from MLS listings is provided to the public free-of-charge by participating brokers.