Definition of "Change order"

Revised specifications requiring a modification in work.

Comments for Change Order

Carolyn Gray Carolyn Gray said:

What is a MLS Change Order

Oct 24, 2020  17:53:33

 
Real Estate Agent

Hey, Carolyn!

It simply refers to changing the status of a listing on Multiple Listing Service (MLS). There is an MLS changing form that needs to be completed before any changes can occur on a listing that requires a seller's signature.

Nov 03, 2020  11:37:38
 
 
image of a real estate dictionary page

Have a question or comment?

We're here to help.

*** Your email address will remain confidential.
 

 

Popular Real Estate Terms

Kind of siding for wood frame houses where the joints in the usually vertical siding are covered by narrow strips of wood called battens. The battens are nailed over the joints. ...

The net operating income definition is the total profit generated by a business or real estate development after the necessary operating expenses are taken out. In order to determine the ...

In short, an overage means a surplus or an excess of money. An overage can present itself at a property at an auction where the asset has gone over the asking price. Suppose there’s a ...

The term effective interest rate is the actual return from a savings account or any investment where you pay interest when considering the effects of compounding costs over time. Through an ...

A cooperating broker or agent defines a real estate broker who helps another broker in a private property transaction. Typically, the cooperating broker represents the seller and is ...

An estate which descends to heirs in perpetuum. In an estate of inheritance, the current tenant not only has the right to enjoy the property for life, buy his or her tenancy rights pass to ...

Name given by the Realtors National Marketing Institute which is affiliated with the National Association of Realtors. ...

The term mortgage amortization is the steady switch occurring to each mortgage payment between how much interest is covered and how much principal each month. Simply put, mortgage ...

See effective tax rate. ...

Popular Real Estate Questions