MLS Participation Agreement

Please enter all fields below to accurately apply for the MLS participation agreement.
If you would like to download a copy of this form, please click here.

$500 activation fee for new offices must be paid prior to activation of service
[For MLS access by REALTOR ® (principals) or a firm comprised of REALTOR ® (principals) who are not members of the Board/Association.]

MLS is NOT an advertising vehicle. It is cooperation and compensation. That means every listing input in MLS must have compensation offered to other offices in the system. No compensation – then it is not allowed in the system.

Only exclusive or exclusive right to sell listings are allowed in MLS. Exclusive right to sell means no matter who sells the listing, the listing office receives a commission. Exclusive listing is where the owner reserves the right to sell the listing without owing a commission to the listing office. The state of Illinois states: 225 ILCS 454/15-75 new)

Sec. 15-75. Exclusive brokerage agreements. All exclusive brokerage agreements must specify that the sponsoring broker, through one or more sponsored licensees, must provide, at a minimum, the following services:

(1) accept delivery of and present to the client offers and counteroffers to buy, sell, or lease the client's property or the property the client seeks to purchase or lease;

(2) assist the client in developing, communicating, negotiating, and presenting offers, counteroffers, and notices that relate to the offers and counteroffers until a lease or purchase agreement is signed and all contingencies are satisfied or waived; and

(3) answer the client's questions relating to the offers, counteroffers, notices, and contingencies.

* (required information)

* Name
* Email Address	(*By typing my name I intend this to be my electronic signature and consent as requested by this form)
* Business Name
* Business Address
* City	* Zip
* Office Phone
* Office Fax
* Board/Association where primary membership is held:

I agree as a condition of participation in the MLS to abide by all relevant bylaws, rules and regulations and other obligations of participation, including payment of fees. I further agree to be bound by the Code of Ethics on the same terms and conditions as board/association members, as established in the Code of Ethics and Arbitration Manual, including the obligation to submit to ethics hearings and the duty to arbitrate contractual disputes with other REALTORS ® in accordance with the established procedures of the board/association. I understand that a violation of the Code of Ethics may result in suspension or termination of MLS rights and privileges and that I may be assessed an administrative processing fee not to exceed $500 which may be in addition to any discipline, including fines, that may be imposed.

* I understand that by providing my mailing address, email address, telephone number, and fax number, I consent to receive communications sent by or on behalf of the North Shore – Barrington Association of REALTORS® (and its subsidiaries and affiliates) via regular mail, email, telephone, or fax.  I understand that NSBAR will not share my address/email/telephone/fax with other organizations but will with other members of NSBAR.