For example, claims like: «Have your home SOLD on the Multiple Listing Service for less than a: few thousand
dollars (
flat rate)...» The problem with what I know of the aforesaid kind of claim, is that the
amount of money mentioned is all for the Listing Broker and doesn't include anything
in respect of the: cooperating brokerages commission, or selling commission — such being the case this is a pure come - on and a play on the innocent ignorance of consumers!
The MLS's rules contain the usual requirement that the
amount of compensation to be paid to a cooperating broker must be published
in the MLS, expressed either as a percentage of the gross selling price of the property or a
flat dollar amount.