COMPLIANCE WITH RULES
For failure to comply with Section 1.3, Section 1.4, Section 1.5, Section 2.5, Section 2.8, Section 2.9 and Section 2.10 the Designated REALTOR® will be assessed a penalty of fifty dollars $50.00 per violation. A second notice will be sent 10 days after the initial notice. Failure to pay the penalty within 10 days after sending of the second notice will result in suspension of the Service until corrections are made and penalty is paid in full. (Amended 08/06)
PHOTO
When entering a MLS listing a primary photo is required for all classes (Residential, New Construction, Multi- Family, Commercial, Farm and Ranch) except
DELAYED/EXEMPT LISTINGS
If the seller(s) requests that the input of the listing be delayed for any reason, an Exempt/Delayed Input Listing Form must be completed, signed, and placed on file with the Listing Broker and MLS service within two (2) business days of its signing by seller(s).
If the seller refuses to permit the listing to be disseminated by the Service, the Participant may then take the listing (“office exclusive”). Exempt listing shall be accompanied by certification signed by the seller that he does not want the listing to be disseminated by the Service and shall be filed with the Listing Broker and the MLS Service within two (2) business days of its signing by seller(s).
(A) For Comps Only: When information is input which is for comps only, the information given shall be the same as for all other listings. Participants are encouraged to add these listings upon closing to assist all Subscribers in market analysis information.
STATUS OF LISTING
Any change in listed price or other change in the original listing agreement shall be made only when authorized in writing by the seller and shall be posted within 48 hours (excepting weekends, holidays, and postal holidays) after the authorized change is received by the listing broker.
CANCELLATION OF PENDING
The listing broker shall post to the Multiple Listing Service within forty-eight (48) hours the cancellation of any pending sale, and the listing shall be reinstated immediately, if not expired.
REPORTING OF ACCEPTED CONTRACTS TO THE SERVICE
Accepted contracts shall be reported to the Service by the Listing Broker within forty-eight (48) hours of acceptance by all parties to the transaction.
REPORTING OF WITHDRAWN LISTINGS
Withdrawn listings shall be reported to the Service within forty-eight (48) of granting a release to the Seller.