MLS Rental Listing

EXCLUSIVE AGENCY RENTAL LISTING AGREEMENT

FEES & COMMISSION: The Owner(s) has paid a listing fee to Flat Fee Realty LLC (Agency) or referral partner, to place the Listed Property (as described below) on the Realtor's Multiple Listing Service (MLS). No other fee or commission is due to Flat Fee Realty LLC for the rental of the Listed Property. If any licensed broker finds a renter that is ready, willing, and able to lease the Listed Property, at terms agreeable by Owner, the Owner agrees to pay the Commission (listed below and due at successful lease execution) to the renter's broker. It is the sole responsibility of the Owner to pay the renters broker Commission as agreed to in this agreement or any future amendments requested by the Owner. Owner is not obligated to pay any commission if leased direct to a renter not represented under contract by a broker.

NOTICE: THE AMOUNT OR RATE OF REAL ESTATE BROKER COMPENSATION IS NOT FIXED BY LAW. IT IS SET BY EACH BROKER INDIVIDUALLY AND MAY BE NEGOTIABLE BETWEEN YOU AND THE BROKER.

ENTRY ONLY LISTING WAIVER: Owner agrees to waive the following services which are typically provided by a broker; (a) Scheduling property showings on behalf of Owner, (b) Receiving offers and counter offers and forwarding them promptly to the Owner, (c) Answering any questions that the Owner may have in negotiation of a successful lease agreement within the scope of the licensee’s expertise, (d) Advising the Owner as to whatever forms, procedures and steps are needed after execution of the lease agreement for a successful closing of the transaction.

LISTING DATA & THIRD PARTY WEBSITES: The Multiple Listing Service (further referred to as MLS) is an online database of property listings only available to licensed real estate persons. Flat Fee Realty will create and maintain your property listing on the MLS (the source of the listing data) based on information you submit, however certain data from public records that is automatically populated when creating a listing will take priority over any seller submitted data. The MLS makes property listing data available to third party syndication services (ex. Realtor.com, Zillow, and Trulia) for the purpose of marketing homes online to the general public. Neither the MLS nor Flat Fee Realty can guarantee the performance or accuracy of any third party website. Because third party websites operate independently and may change, be added, or be removed from time to time, Flat Fee Realty can not guarantee any property will be listed on any third party website.

REVIEW: Owner will receive a digital copy of this agreement via email. Owner will receive an email with PDF file to review their listing for accuracy. There is no fee to make required changes to the listing (ex: price, status, or contact info changes).

LISTING STATUS CHANGES: All changes must be submitted through the support page (http://flatfeerealty.com/support/) on our website. The Owner is required to notify Agency within 24 hours after a lease has been executed. If Owner fails to comply with this requirement and fines are imposed on Agency from the MLS due to fault of Owner, Owner agrees to reimburse Agency for all MLS related fines.

TERMINATION OF LISTING AGREEMENT: This agreement may be terminated by Owner without penalty at any time, however there is no refund for listing fees. Also, if Owner lists this property (for rent) with another brokerage during the term of this listing, Agency reserves the right to immediately terminate this listing agreement without notice.

OWNER CONTACT INFORMATION: Owner’s primary contact phone number will be displayed on MLS for agents to view. Owner’s contact information will not be displayed on any public website, as this is not permitted by the MLS. All inquires the Agency receives on the Listed Property will be forwarded to the Owner during Agency's normal business hours.

INFORMATION YOU PROVIDE TO US: All known information about the Listed Property was provided to by Owner, therefore Owner removes Agency from any liability, and Owner will be held accountable for any legal remedies sought by anyone who suffers damages or losses during or after the lease of the Listed Property due to inaccurate data supplied by Owner. Agency is not an insurer against theft, loss or damage to the Listed Property, or from use of a lock box on the Listed Property. It is the Owner’s responsibility to have appropriate insurance.

IT IS UNLAWFUL UNDER FEDERAL OR STATE LAW TO DISCRIMINATE ON THE BASIS OF RACE, CREED, COLOR, NATIONAL ORIGIN, ANCESTRY, SEX, SEXUAL ORIENTATION, MARITAL STATUS, AGE, LAWFUL SOURCE OF INCOME, MENTAL RETARDATION, MENTAL DISABILITY, PHYSICAL DISABILITY AND FAMILIAL STATUS.

DISCLOSURE NOTICE: Owner must tell prospective renters if Owner knows that these conditions exist in the Listed Property. If Owner fails to disclose known material information about the Listed Property, including the presence of environmentally hazardous conditions, they may be violating federal and/or State law. This can result in (i) rescission of any lease Agreement between Owner and a prospective renter, (ii) an award of damages against Owner, or any person responsible for disclosing the information, and/or (iii) statutory damages under federal laws on lead-based substances.

ENFORCEMENT OF LISTING AGREEMENT: Agency will enforce this agreement against Owner, or against Owner’s heirs, administrators, executors and assigns. If legal recourse arises out of Owner non-performance under this agreement, Agency will be entitled to recover all fees including, but not limited to any costs and attorney’s fees which Agency may incur to collect any monies due under this agreement. The Agency may be entitled to certain lien rights pursuant to subsection (d) of section 20-325(a) of the Connecticut General Statutes. This agreement is subject to the Connecticut General Statutes prohibiting discrimination in commercial and residential real estate transactions (C.G.S. Title 46a, Chapter 814c).

LISTING AGENCY INFORMATION:
Flat Fee Realty LLC
129 Morningside Park, La Follette TN 37766
Phone: 860-622-8036
support@flatfeerealty.com

Listed Property Information