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Dear MLS PIN Customer,


As we approach the finalization of our settlement, we want to provide you with helpful resources to support your success and ensure compliance with our updated Rules and Regulations.

 

As outlined in last week’s communication, our updated compensation rules now require an agent's certification when posting a new listing into the Pinergy platform. To help facilitate this process, we’ve prepared several options for how you can meet this requirement with your seller, depending on your preferred listing process: 

MLS PIN Exclusive Sale and Listing Agreement (updated)

We’ve revised the MLS PIN Exclusive Sale and Listing Agreement to include language confirming that your seller has been notified of and agrees to the new rules. (Page 2, Section 4b)

MLS PIN Exclusive Sale and Listing Agreement Addendum (updated)

The MLS PIN Listing Addendum has also been updated to incorporate the required certification language. (Section 2)

MLS PIN Exclusive Sale and Listing Agreement Compensation Certification Addendum (new)

For agents who do not use the MLS PIN Listing Agreement or Listing Addendum, we’ve created a new standalone addendum that can be used with your seller.

Incorporating Certification Language into State and Local Association and Custom Brokerage Forms


If none of the above options suit your business practices, you may incorporate the certification language from the new Exclusive Sale and Listing Agreement Compensation Certification Addendum into your own listing documents, including your state association, local association, and brokerage-specific forms. We recommend consulting your attorney to ensure the language is used correctly and complies with applicable laws and regulations. 

As we complete this transition, thank you for your attention to these important updates. We hope you have a safe and enjoyable Labor Day weekend.


Warm regards,



Your MLS PIN Team

Rules & Regulations