Understanding the Multiple Listing Contract (MLC)
This video has been created to share with you in order for clients to better understand the Multiple Listing Contract (MLC), which is used in real estate transactions in BC.
The MLC is used when a seller engages a Realtor to list their property on the Multiple Listing Service (MLS).
The MLC outlines the professional relationship between the Seller, the Seller's Realtor, and the Seller's Realtor's Brokerage and also outlines the terms of the listing and agreement.
This video will help introduce the MLC, so you have the opportunity to familiarize yourselves with the standard form and its purpose and contents, helping to facilitate a discussion and ensuring you are comfortable with the document prior to signing.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.