MLS RESOURCES & INFORMATION
MLS RULES & REGS SPOTLIGHT:
Mandatory Submission & Clear Cooperation Policy - Input within 3 days of executing RLA or provide SELM & Input within 1 business day of marketing to the public.
MLS RULES & REGULATIONS – 7.5 Mandatory Submission.
Within 1 business day of marketing or advertising a property to the public on any exclusive right to sell or seller reserved listing agreement for the sale of one to four unit residential property and vacant lots located within the service area of the MLS, Broker Participants must input the listing to the service for cooperation with other Participants. Public marketing or advertising includes, but is not limited to, conveying or displaying any information about the property or its availability for sale through or on any: windows, signs, public facing websites, social media, brokerage or franchise operated websites (including IDX and VOW), digital communications marketing (ex: email, text or phone blasts, social media messaging), multi-brokerage or franchise listing sharing networks, flyers or written material or on any applications available to the public or through conducting an open house. The public would include anyone outside the broker(s) and agent(s) licensed within a single listing brokerage and their clients, as further described in Section 7.6) Only those listings that are within the service area of the MLS must be input. Open listings, rental listings or listings of property located outside the MLS’s service area (see Section 7.7) are not required by the service, but may be input at the Broker Participant’s option.
(a) 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.
| jul 2021 – sept 2021 |
Mandatory Submission (436)
Accuracy of Information (181)
Photos & Branded Media (42)
Failure to Report Sale (29)
| jul 2021 – sept 2021 |
MLS corrections processed (400/ mo avg.)
Warning emails sent (228/mo avg.)
Warnings without fines (222/mo avg.)
Citations issues (7/mo avg.)
tools & SERVICES:
User Compliance Ensures Data Integrity
Accurate, reliable MLS information is critical to your success. By following MLS Rules & Regulations you ensure the consistency, accuracy and integrity of data. To ask a question or submit a confidential complaint about a specific MLS listing, click on the Paragon “Correction” link and detail the issue in an email to [email protected] All complaints and inquires are confidential.
PARTNERS IN COMPLIANCE
CCAR is dedicated to providing MLS Participants and Subscribers with the tools and education necessary to manage every aspect of the real estate transaction with the highest levels of accuracy and integrity possible. Should you have questions about MLS Rules & Regulations, feel free to contact us for clarification, or sign up for classes to help you refine your Paragon skills.