If the property is placed on a Multiple Listing Service the agent would be required to share the listing with other agents who are members of that same Multiple Listing Service. If the property is not placed on a Multiple Listing Service then it becomes a question of if the listing agent is a member of the National Association of Realtors. If they are, the Realtor Code of Ethics states that the agent must be willing to share the listing with other agents who are also members of the National Association of Realtors. However, just because the agent would have to share in that happenstance... the agent does not have to compensate your agent... hence, you may have to pay your agent their fee instead of the seller paying it. And that would add to your closing costs.
In most cases agents usually are willing to share their listings, if they do not want to share it may be because there is so much activity on the property that the agent and/or the homeowners do not feel the need to share or co-broke the listing.
Mitchell S. Feldman
Associate Broker/ Director of Sales/ e-Pro Realtor
Fillmore Real Estate
Office: (718) 252-2000/ Cell: (917) 805-0783
If they have it listed as an exclusive (which does not work in the best interest of their client in selling their property) they can keep everyone else out.
If complaints are not filed against Realtors who conduct business in this fashion, the victim becomes as much to blame as the perpetrator.