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Statistical Entry Only

Posted by PRO Sat, 25 Mar 2006 16:11:29 GMT

A “sold” property that was not listed in the MLS. It is reported for statistical purposes only.

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Status Change Form

Posted by PRO Sat, 25 Mar 2006 16:12:06 GMT

A form used to notify the MLS of changes in status or terms and conditions of the listing.

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Subscriber

Posted by PRO Sat, 25 Mar 2006 16:12:42 GMT

A real estate licensee or appraiser who is not a principal broker but who is a sales associate; broker associate; or a licensed, certified, or registered appraiser who is affiliated with an MLS Participant. Subscribers are under the direct supervision of the MLS Participant. Subscribers are subject to and must comply with all the MLS rules and regulations, payment of applicable fees and charges, and the limitations and restrictions of state law.

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Transaction Broker

Posted by PRO Sat, 25 Mar 2006 16:13:23 GMT

A legal brokerage relationship in which the broker provides limited representation to a buyer, a seller, or both in a real estate transaction, but who does not represent either party in a fiduciary capacity or as a single agent. Under Florida law all brokers are presumed to be transaction brokers unless the client or customer requests in writing to have another form of representation; single agent or nonrepresentative broker.

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Twenty-four (24) Hours

Posted by PRO Sat, 25 Mar 2006 16:13:55 GMT

A time frame of not more than one business day.

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