Quote:
Originally Posted by Dr Winston O Boogie jr
.... where I come from, if a realtor has a client, he can approach another realtor that holds a listing and the commission from that sale would be split.
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Preowned homes can be sold by VLS, the Villages Listing Service, or by MLS, Multiple Listing Service. As suggested in Winston's post above, competing agents from VLS and MLS do NOT have the right to show and sell each other's listings, and split the commission. This is a unique situation unlike most other cities. Back in the day, all houses were listed and sold via MLS, but problems developed, and the unique VLS system was developed.
This fact is the reason why most purchasers of resale homes choose to work with two agents, one from VLS and one from MLA.