The clause requiring listing to be shared with MLS members is called what?

• A. Open Listing
• B. Protection & Safety Clause
• C. Agency Coupled With Interest
• D. Multiple Listing Clause

Answer: (D)

The main idea here is how a listing gets exposure to other real estate professionals through the MLS. When a seller agrees to have the property listed, the listing agreement often includes a Multiple Listing Clause. This clause requires that the property be entered into the MLS so MLS members—cooperating brokers—can see it, show it to clients, and bring in potential buyers. It also helps ensure the seller’s broker can earn a commission if a cooperating broker finds a buyer, because the MLS sharing creates the cooperative framework that makes this possible.

The other options don’t fit because they relate to different concepts: an Open Listing is a type of listing that doesn’t mandate MLS sharing and allows multiple brokers to try independently; the Protection & Safety Clause concerns safety obligations during showings or after termination; Agency Coupled With Interest describes a situation where the broker has a financial interest in the property, not the requirement to share listings with MLS members.