Listings

Listing Photo Captions
Addresses and contact information should not be included in the captions that appear under listing photos. Since photos and captions appear on reports, the presence of addresses and contact information would defeat the purpose of the "Customer Report Without Address" that members use to send to their customers.

Exceptions
If there are exceptions to a listing, this must be disclosed by selecting Yes in the Exceptions field of the listing. Remarks must indicate how many exceptions there are and the duration of these exceptions. A letter must be faxed to the NJMLS which states the names and durations of these exceptions. The duration of the exceptions cannot be for the entire life of the listing.

Exclusive Agency
This means that the seller gives the listing broker the right to sell the property for a specified period, yet at the same time reserves the right to sell the property himself without paying a commission to the listing broker. You MUST select Yes in the Exclusive Agency field of the listing if an Exclusive Agency agreement exists.

Dual Commission Arrangement
This means that the commission paid by the seller is variable and dependent on who brings in the buyer. For example, if the seller sells the property through his own efforts, he may pay a lesser commission to the listing broker. Another example would be a listing in which the commission offered by the seller may be less should the property be sold by the listing broker, and higher if the listing is sold by a cooperating broker. You MUST enter Yes in the Dual Commission Arrangement field of your listing if a Dual Commission Arrangement agreement exists.

Unpublished Owner Name
If both the owner name and owner phone number are going to be left out of the listing, a letter must be sent to NJMLS, signed by the seller, stating the seller does not wish to publish their name and number in the NJMLS.

Unpublished Buyer Name
If the buyer does not want their name published through the NJMLS, the listing office must send something in writing stating the buyer does not want their name and number published through the NJMLS. This letter can be drawn up by the listing office, and would not need to be signed by the buyer.

More Than One Category
Listing a property in more than one category to increase exposure is allowed as long as one of those categories is the category for which the property is deeded. For example, a legal 2 family property must be entered into the 2-4 Family listing category and optionally, it can be entered into the Residential category. Note: If a property is listed in more than one category, each listing must reference the other(s) in the Remarks or Showing Instructions.