Offering Compensation: Implying any offer of compensation anywhere in the MLS including on Showingtime, SentriLock, Syndicated website or any 3rd party IDX sites is strictly prohibited. Failure to comply will result in removal of the implied compensation by the MLS Board office including without a written or verbal warning an automatic fine: • First offense $500 fine per listing. • Second offense $1,000 fine per listing. • Third offense $2,000 fine per listing including reviewed by the MLS Directors for further action including suspension of the MLS or termination from the Association. (Adopted 7/24)
Buyer Broker Agreement Documentation Request: Agents’ failure to submit the Buyer Broker Agreement as requested by the MLS Board office immediately within the time limited requested will be levied the following fines per listing: • First offense automatic $1,000 notification fine per listing. • Second offense automatic $2,500 fine including reviewed by the MLS Directors for further action including suspension of the MLS or termination from the Association. Said participant shall be considered inactive until the levied fine is paid in full. (Adopted 7/24)
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