Allows choice of brokerage services
Prohibits brokers to offer rebates to consumers
Missouri law requires real estate brokers entering into exclusive brokerage agreements to accept and present offers and counteroffers, and answer their clients? questions in every real estate transaction.
Many MLSs in Missouri have now passed rules requiring brokers to enter into exclusive brokerage agreements, so brokers in those MLSs are prevented from offering, and their clients prevented from buying, MLS-listing-only services.
Missouri law, according to the Missouri Real Estate Commission, prohibits consumer rebates. The law prohibits unlicensed individuals from receiving part of the real estate commission and, since consumers are not licensed brokers, they cannot receive a rebate in Missouri.