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The
following actions may be
taken for non-compliance
with rules
MLS
Payment
The MLS
bill must be paid by the
first of the month. The
bottom of the invoice
shall read: This
statement is due and
payable on or before
(month) 1, (year). If
payment is not received
by (month) 1, (year),
MLS services will
automatically
terminate. There is a
fee of 10% of the
outstanding balance or
$25.00, whichever is
greater, to re-establish
service. Please remit
to: Superior Area
Association of
REALTORS®, 4031 Grand
Avenue, Duluth, MN
55807.
No
photos
Photos
will be required for all
property types, except
for land and business
only – no real estate
listings. The main
photo must be of the
exterior of the
building.
Photos
must be in the MLS
system within 24 hours
of the input date. If
photos are missing after
that time, a fine of $10
for each day the photo
is missing will be
assessed.
No
photo in the Quarterly
and Year End Sold
Compilation
No photo
in the Quarterly Sold CD
- $50.
No photo
in the Year End Sold CD
- $100
Late
listings
Brokers
input listings into the
MLS system within 3
business days of the
list date. A fine of
$25/day for each day the
listing is late will be
assessed.
If the
listing is received in
the mail from an out of
town seller or there are
other reasons the
listing was received
late from the seller(s),
the date received shall
be the date received in
the mail, as evidenced
by the postmark on the
envelope.
Missing or Incorrect
Information in Required
fields
Offices
will have 3 days to
correct the
information. If the
information is not
corrected within that
time frame a fine of $25
will be assessed. A
fine of $10/day will
continue to accrue for
each day the information
is not corrected.
Seller’s Name
The
seller’s name is
required in the MLS,
unless the seller signs
a statement to the
contrary. If the
seller’s name is not
provided and the
statement is not
provided to the MLS, a
fine of $25.00/week will
be levied.
Status
changes
Status
changes must be done
within 3 business days.
A fine of $25 will be
assessed for not making
the change within that
time frame. A fine of
$10/day will continue to
accrue for each day the
status change is not
completed.
Hold
No Showings
A fine of
$500 will be levied for
the listing agent/office
allowing a showing on a
Hold-No Showing listing.
These listings will not
appear as active until
the status is changed to
active. While the MLS
office changes the
listing to the Hold-No
Show status, it is the
listing agent’s
responsibility to change
the status to active. A
fine of $50 will be
levied for having an
active listing in the
MLS with a notation in
the remarks or addendum
that states that no
showings will be allowed
until a certain date.
Personal promotion in
remarks
A fine of
$100/occurrence will be
instituted for placing
personal promotions in
the remarks or
addendum. The agent
will receive a warning
letter.
Providing Nonmember
Access to the MLS
A fine of
$2000 will be levied for
providing the MLS access
codes to a nonmember,
excluding member office
staff.
Extending listing
A listing
agent must have a signed
extension form in hand,
signed by the seller,
prior to extending any
listing. If the listing
is extended without such
a form, a fine of
$100.00 will be imposed.
Duplicate Listing
Participants are allowed
to duplicate listings in
regard to class or
type. Once the property
sells or expires, the
duplicate listing will
be deleted by MLS
staff. It is the
responsibility of the
Listing Broker to inform
the MLS of the status
change. There is a fine
of $100 for marking the
duplicate listing as
sold.
Interior Filming of a
Listed Property by Buyer
or Buyer Agent
Allowing
filming of the interior
of a listed property
without the listing
broker’s permission (as
evidence by the field in
the MLS system): $500
Filing
of OEX Properties
A listing
that is to be withheld
from the MLS (OEX) must
be filed with the MLS
office within 7 days of
the list date. If the
documentation is filed
late, the fine will be
$10/day for each day the
listing is filed late.
A fee of
$2.50 will be charged to
the Office for any
changes that MLS staff
makes to the system on
their behalf, excluding
Hold-No Show, Cancelled
or Withdrawn status
changes.
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