• (Jan 2019) The current listing fine structure will be replaced with the following fine structure

     

    Loading Listings and Reporting Status Changes Rule Section Fine



    Unauthorized use of ID Section 3.6
    • $100 – 1st Violation
    • $200 – 2nd Violation
    • $400 – 3rd Violation and 1 week Suspension from MLS



    Failure to upload a completed Delayed Listing Form within 3 days of the listing activation date when a listing activation date was not included in the listing contract.

     

    TBD
    • $50 – 1st Violation
    • $100 – 2nd Violation
    • $250 – 3rd Violation and 1 week Suspension from MLS



    Failure to include a specific go active date on a delayed entry or coming soon listing

     

    Section 5.9.2
    • $100 – 1st Violation
    • $200 – 2nd Violation
    • $400 – 3rd Violation and 1 week Suspension from MLS



    Failure to enter a listing on the effective marketing date or within 48 hours of receipt of seller(s) signature, whichever occurs later. Section 4.1.1
    • $100 – 1st Violation
    • $200 – 2nd Violation
    • $400 – 3rd Violation and 1 week Suspension from MLS



    Posting a listing to the MLS without having a written listing agreement

     

    Section 4.3
    • $250 – 1st Violation
    • $500 – 2nd Violation – referred to DCP
    • $400 – 3rd  1 week Suspension from MLS



    Failure to properly disclose a listing as limited service or entry only.

     

    Section 4.1.3

    Section 4.1.4

    • $50 – 1st Violation
    • $100 – 2nd Violation
    • $250 – 3rd Violation and 1 week Suspension from MLS



    Failure to report dual or variable rate commission Section 7.4
    • $50 – 1st Violation
    • $100 – 2nd Violation
    • $250 – 3rd Violation and 1 week Suspension from MLS



    Failure to disclose an ownership interest in a listed property Section 7.2
    • $50 – 1st Violation
    • $100 – 2nd Violation
    • $250 – 3rd Violation and 1 week Suspension from MLS



    An Active Listing not available to be shown or schedule a showing within 48 hours of request. Section 4.24
    • $100 – 1st Violation
    • $200 – 2nd Violation
    • $400 – 3rd Violation and 1 week Suspension from MLS



    Status change not reported by the Deadline for Filing Section 5.6
    • $50 – 1st Violation
    • $100 – 2nd Violation
    • $250 – 3rd Violation and 1 week Suspension from MLS



    Failure to enter the proper contract date when changing the status to Deposit or Closed Section 4.20
    • $50 – 1st Violation
    • $100 – 2nd Violation
    • $250 – 3rd Violation and 1 week Suspension from MLS



    Submitting a listing as Withdrawn/Cancelled when not Withdrawn/Cancelled by Seller

    Section 4.6

    Section 4.7

    • $250 – 1st Violation
    • $500 – 2nd Violation – referred to DCP
    • $400 – 3rd  1 week Suspension from MLS



    Entering status changes relating to amendments to the listing agreement with a seller without the seller’s written consent. Section 4.5
    • $250 – 1st Violation
    • $500 – 2nd Violation – referred to DCP
    • $400 – 3rd  1 week Suspension from MLS



    Delay in presentation of offers Section 5.2
    • $100 – 1st Violation
    • $200 – 2nd Violation
    • $400 – 3rd Violation and 1 week Suspension from MLS



    Failure to provide written documentation within 24 hours after requested by SmartMLS Section 4.20
    • $50 – 1st Violation
    • $100 – 2nd Violation
    • $250 – 3rd Violation and 1 week Suspension from MLS



    Entry of inaccurate information anywhere in a listing or using a data field for a purpose other than its intended use.

     

    Section 4.23
    • $50 – 1st Violation
    • $100 – 2nd Violation
    • $250 – 3rd Violation and 1 week Suspension from MLS



    Failure to correct incomplete or inaccurate information within stated time period on the notification

     

      Original fine amount re-assessed, then reassessed every month there after until corrected



    Including Agent Contact Information, such as email addresses, website addresses, or other non-property descriptive text on photos, virtual tours and public remarks fields.

     

    Section 4.1.7
    • $50 – 1st Violation
    • $100 – 2nd Violation
    • $250 – 3rd Violation and 1 week Suspension from MLS



    Use of photographs on a listing without proper authorization

     

    Section 4.1.8
    • $50 – 1st Violation
    • $100 – 2nd Violation
    • $250 – 3rd Violation and 1 week Suspension from MLS



    Failure to meet photographic requirements on a listing

     

    Section 4.1.8
    • $50 – 1st Violation
    • $100 – 2nd Violation
    • $250 – 3rd Violation and 1 week Suspension from MLS



    Reentering inaccurate info once MLS removes it

     

      Treated as a subsequent violation, fine is escalated



    Entering a Coming Soon listing without a valid listing contract Section 5.9.1
    • $250 – 1st Violation
    • $750 – 2nd Violation
    • 1 week Suspension from MLS



    Allowing a showing on a Coming Soon listing Section 5.9.1
    • $250 – 1st Violation
    • $750 – 2nd Violation
    • 1 week Suspension from MLS



    Cancelling a Coming Soon listing and relisting it as active prior to the activation date on the listing Section 5.9.1
    • $250 – 1st Violation
    • $750 – 2nd Violation
    • 1 week Suspension from MLS



    The Coming Soon status can only be used once on any property with any one firm.  A second Coming Soon status with the same firm can occur only after 90 days off the market Section 5.9.1
    • $250 – 1st Violation
    • $750 – 2nd Violation
    • 1 week Suspension from MLS