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6 Cards in this Set

  • Front
  • Back

Brokerage

simply a business of bringing parties together

managing Broker

responsible for supersupervision of the real estate professionals who act on behalf of the brokerage

procuring cause

an uninterrupted chain of events that result in a sale

Price-fixing

a practice which competitors agree to set prices or other terms and conditions for products and services rather than letting competition in the open market establish those prices

Group Boycott

When two or more individuals conspire against another business or agree to witwithhold their patronage to reduce competition

Internet Data Exchange (lDX) policy

Allows all MLS Members to have equal rights to display MLS data, while respecting the rights of property owners