Buyer Agent is Not a MIBOR Member
When an offer is accepted on a listing, the listing brokerage will need to pend the listing in the BLC service within 2 business days of the accepted offer.
If the buyer is being represented by a non-MIBOR broker, the list agent or office will need to use the code (9999) in the buyer agent field.
Once all of the pending data is entered, select the save button in the upper right corner. The buyer agent will appear as a 9999: Non-BLC Member
Note: 9999 should be used when there is no buyer agent representation as well.
Related Articles
Reporting Sale for Buyer Representation Only
Reporting Sales when One Party was a Non-Member Licensee. When a sale involves both a member and a non-member licensee, the member may only report him/herself for one side of the transaction. When reporting a closed transaction where the selling ...
How do I add a shortcut to my iPhone so MIBOR Central is an app?
OPTION 1 Open Safari. Other browsers, such as Chrome, won't work for this. Need to know how to do this on an Android? Click here! 1. Navigate to the website you want to save to your home screen by entering the URL of the website you want to create a ...
Collaborative Closing-Buyer Agent Side
The most common requests for listing changes after a closing are the Sold Price, Listing Address, Listing Status, and List Agent and Co-List Agent and Buyer Agent and Co-Buyer Agent information. By introducing a collaborative process of checks and ...
How Do Non-MIBOR Members Access BrokerBay?
For access to the BrokerBay platform, please register as a secondary member to the MIBOR BLC through the MIBOR Membership department. Agents not subscribed to the BLC do not have access to the platform. MIBOR understands the importance of creating ...
Why Can't I View Buyer Agent Compensation (BAC) on listings?
The directive of the 2024 NAR settlement includes removing the practice of offering a unilateral blanket offer of compensation on listings from the Multiple Listing Service. For the BLC this means an adjustment to our Rules and Regulations to ...