Section 1.0: Authority and Purpose
Posted by PRO Thu, 16 Mar 2006 16:30:00 GMT
Authority
The bylaws of Pinellas Suncoast Association of REALTORS®, Inc., establish the Multiple Listing Service (MLS). The MLS is governed and operated by PRO Biz, Inc., a subsidiary of the Pinellas Suncoast Association of REALTORS®, Inc. The name of the MLS is the Suncoast MLS.
Purpose
The purpose of the MLS is:
· To correlate and disseminate listing information to Participants and Subscribers in an orderly manner in order to better serve the buying and selling public by making listing information more readily available
· To provide a means by which authorized participants make blanket unilateral offers of compensation to other participants
· To provide a means of enhancing cooperation among participants
· To provide a means by which information is accumulated and disseminated to enable participants to prepare appraisals, analyses, and other valuations of real property for bona fide clients and customers
· To provide a means by which participants engaging in real estate appraisal contribute to common databases