Participant
Posted by PRO Sat, 25 Mar 2006 16:08:00 GMT
The designated principal broker of a company. The principal broker must hold a valid real estate broker’s license and must be able to offer and accept cooperation and compensation from another Participant. There can only be one Participant per company. The MLS Participant is responsible for ensuring that all affiliated Subscribers comply with the rules, regulations, and policies of the MLS. The MLS Participant’s MLS fee is based on the total number of Subscribers affiliated with him/her as well as registered Administrative Users.