The MLS is moving away from the courtesy notifications and towards automatic fines for specific violations of the MLS Rules. Enforcement of fines will begin on October 1, 2018.
To educate all MLS users on the revised policy for assessing fines, our MLS Staff is auditing listings related to various violations included in the automatic fines. In general, these MLS Rules are not new, and the revised policy provides for automatic fines (in lieu of courtesy notifications).
The amendments to the MLS Rules have been approved by the MLS Committee and Board of Directors and accomplish the following:
1. Replace the former practice of courtesy notifications with automatic fines for:
- Failing to file a listing within 48 hours (excluding weekends and holidays)
- Failing to provide legitimate directions to the listed property.
- Including personal information for company or listing subscriber in public remarks and public fields.
- Branding of images, virtual tours and/or framing for images or virtual tours with any information or additional images.
- Failing to update status, including reporting sales and leases within 48 hours (excluding weekends and holidays)
2. Incorporate the former remaining MLS Policies into the MLS Rules;
3. Provide clarification for appropriate use of the Active status; and
4. Provide a definition for appropriate use of the Closed status.
Questions? Contact MLS Director, Tonya Bell: 423.698.8001 / firstname.lastname@example.org