Listing Procedures. If Receiving Member in response to a Buy/Sell Notice elects to implement the listing procedures described in this Section 10.5, then promptly after the Receiving Member delivers its Election Notice (and in any event within 10 days thereafter), the Receiving Member shall provide the other Member with the names of three (3) real estate brokers that the Receiving Member would like to engage for the purpose of listing the Project for sale and the other Member shall, within seven (7) days of receiving the proposed real estate brokers, select one of the three (3) brokers to act as the listing agent for the Project. Thereafter, the Members and the listing agent shall cooperate diligently and in good faith to effectively market the Project for sale for an aggregate purchase price no less than 103% of the Specified Valuation Amount set forth in the Buy/Sell Notice that led to the implementation of these listing procedures and otherwise on customary and reasonable terms for property sales similar to a sale of the Project (such terms to include, without limitation, customary representations and warranties, a customary survival period for representation and warranties, customary liability limits for breaches of representations and warranties, customary proration provisions and customary cost allocations) (collectively, the “Acceptable Terms”). If, in the course of marketing the Project, the Company receives multiple purchase offers, then, except as set forth below and, otherwise, absent clear differences in the ability of the purchaser to close or in the potential post-closing liability of the Company as seller, the Company shall accept the offer that would result in the highest cash purchase price to the Company and shall thereafter diligently proceed to a closing of the sale of the Project. Subject to the requirement to maximize the aggregate cash purchase price to the Company in accordance with the preceding terms of this Section 10.5, the Company shall not reject (and the Members are hereby conclusively deemed to have approved) any offer to purchase the Project for 103% of the Specified Valuation Amount if such offer is otherwise on Acceptable Terms. If the Company, despite its good faith efforts, is unable, during the six (6) months following the Election Notice that triggered these listing procedures (the “Listing Period”), to enter into a purchase and sale agreement on Acceptable Terms providing for the sale of the Project for a purchase price of at least 103% ...
Listing Procedures. A Property Data Sheet for listings of real or personal property of the following types, which are listed subject to a real estate broker’s license, located within the service area of the Association taken by Participants on exclusive right to sell or exclusive agency listings shall be delivered to the Association within one (1) business day after all necessary signatures of seller(s) have been obtained and any Marketing begins:
Listing Procedures. Maintaining accurate listing data is a critical necessity for achieving the defined purpose of the MLS. Participants and subscribers are required to submit accu- rate listing data and be required to correct any known errors. Listings of real or personal property of the following types, which are listed sub- ject to a real estate broker’s licens5e, and are located within the service area of the multiple listing service, and are taken by participants on (indicate form[s] of listing[s] accepted by the service—See Notes 1 and 2) shall be delivered to the multiple listing service within five days after all necessary signatures of seller(s) have been obtained:
Listing Procedures. Listings of real or personal property11 of the following types, which are listed subject to a real estate broker’s license, and are located within the service area of the multiple listing service, and are taken by participants on listing contracts acceptable to MLS12 shall be filed with the service within three (3) business days of the signatures of the seller(s), within one (1) business day of any public marketing13 of the listing, or within one hour of being input into another MLS, whichever is earlier.
Listing Procedures. Section 1. Who Can Participate in the RLS.
Listing Procedures. Listings of real or personal property of the following types, which are listed sub- ject to a real estate broker’s license, and are located within the service area of the multiple listing service, and are taken by participants on (indicate form[s] of listing[s] accepted by the service—See Notes 1 and 2) shall be delivered to the multiple listing service within five days after all necessary signatures of seller(s) have been obtained:
Listing Procedures. With respect to each list that a Party is required to establish and maintain pursuant to Section 2.1.1 or 2.1.2 hereof, as applicable, the Party shall implement and comply with the following procedures:
Listing Procedures. 2.01 Lawful sellers 3
Listing Procedures. 2.01 The Listing Broker must secure a satisfactory Listing signed by the owner/owners or any person lawfully entitled to list the property for sale or by his/her/their lawfully authorized representatives.
