Good afternoon Solutions !
The board recently sent out this update as to the Fines that they issued for November totalling $4,950. In an effort to make sure we all have a reminder on some of the commonly violated rules, I wanted to forward this to everyone for review. If you have any questions, please ask! Have a wonderful week!
MLS Fines Issued In November 2020 Total fines $4950 5@ $50 each Photo Violations $250 Section 1.21 – Photos in MLS: For all residential property types the front exterior photo must be the first or second photo position. However, should the listing agent have a preferred view from the dwelling or an aerial view highlighting the location, then and only then, can one of these photos replace the first-place exterior photo, in which case the second photo MUST be the front exterior photo. 5@ $500 each Listing Manipulations $2500 Section 1.5.1 – Listing Manipulation: Withdrawing or Cancelling a listing and then re-entering it under a new MLS number to reset days on market “DOM” to 0 is a Listing Manipulation and will result in an automatic fine of $500. If a listing is withdrawn or cancelled and the same MLS subscriber (agent) and/or Team picks it back up within 30 days, the original listing must be reactivated rather than creating a new listing to reset DOM to “0”. Once the listing is withdrawn or cancelled, then after 30 days, a new listing from the same MLS Subscriber (agent) and/or Team can be created with the appropriate agreement from the seller. (Note. In the form of an explanation – The intent of this rule is to keep listings from being withdrawn or cancelled and recreated to misleadingly appear as a new listing). 2@ $1000 Clear Cooperation $2000 Section 1.0.1 – Clear Cooperation: Within one (1) business day of marketing a property to the public, the listing broker must submit the listing to the MLS for cooperation with other MLS participants. Public marketing includes, but is not limited to, flyers displayed in windows, yard signs, digital marketing on public facing websites, brokerage website displays (including IDX and VOW), digital communications marketing (email blasts), multi-brokerage listing sharing networks, and applications available to the general public. Entering the listing in the coming soon status in the MLS meets this requirement. At any time during the preparation of the listing for sale, if the property is publicly marketed it will trigger clear cooperation policy and require the listing to be entered into the MLS in either Coming Soon or Active status. Note: Exclusive listing information for required property types must be filed and distributed to other MLS Participants for cooperation under the Clear Cooperation Policy. This applies to listings filed under Section 1 and listings exempt from distribution under Section 1.3 of the NAR model MLS rules, and any other situation where the listing broker is publicly marketing an exclusive listing that is required to be filed with the service and it is not currently available to other MLS Participants. 3@ $50 Each Incorrect Information Violations $150 For failure to correct required fields, incorrect or misleading information on a listing within 1 business day. Examples include but not limited to: Listings included incorrect Tax account numbers, location showing in middle of water, subdivision missing, listing pended not closed, waterfront marked as yes, should be no. 1@ $50 Each Contact Information $50 Section 1.19 – Contact Information on Listings: No contact information including Open House notifications shall be placed in the Narrative (Public Remarks) section or the Driving Directions section of the listing. Photos cannot be branded with listing firm, listing agent information, colored borders, or any third-party contact information such as photographers, builders or architects. Contact information may be placed in the agent information section, or in the listing information field provided for that purpose. Examples of contact information include but are not limited to name, phone number, e-mail address or branding of any type, including builders
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