(Amended on 5/06) Note: These definitions are provided to facilitate the categorization of entries in MLS compilations. In any area of conflict or inconsistency, the laws or regulations of the State take precedence. While state law allows brokers to list properties exclusively or openly without establishing an agency relationship, listings cannot be excluded from MLS compilations because the listing broker is not the seller`s agent. (adopted on 11/93, amended on 5/06) M Exclusive Agency Listing: A contractual agreement under which the listing broker acts as the legally recognized agent or non-agency representative of the seller (the seller) and the seller agrees to pay a commission to the listing broker if the property is sold through the efforts of a real estate agent. If the property is sold solely through the seller`s efforts, the seller is not obligated to pay a commission to the listing broker. (Amended on 5/06). . . . .