Answer :
Answer:
Answer is option A, i.e. An offer of sub-agency to all members of a MLS.
Explanation:
A blanket unilateral offer can be understood as an offer of compensation and cooperation to all the listings that are mentioned in MLS. This is generally a result of an agreement between the brokers and seller in which the broker is authorized to compensate and cooperate with all the participants of MLS. MLS, also known as multiple listing services, that can be understood as various technological as well as non-technological services used by real estate brokers which enable them to see through all the listings of various properties for sale.
Final answer:
A blanket unilateral offer is an offer of subagency to all members of a Multiple Listing Service (MLS), encouraging the cooperation of brokers by sharing commissions for selling a property.
Explanation:
A blanket unilateral offer refers specifically to option a: An offer of subagency to all members of a Multiple Listing Service (MLS). This is a common practice in real estate, where a listing broker offers to cooperate with other brokerage firms in selling a property, typically by offering a share of the commission to the broker who brings a buyer. It's a way to encourage a wide range of agents to show and sell the property, effectively increasing its visibility and potential for sale. In essence, the listing broker makes a unilateral offer to all other MLS members that if they bring a buyer, they will be compensated according to the agreed upon terms, without the need for direct bilateral agreements between the listing and selling agents for each transaction.
