Fines Increased for Late Listing Entry
When you enter into a new listing contract, you must enter that listing into the MLS within 1 business day from the first day you publicly market it. If you are not yet marketing the listing, you have 4 calendar days from the effective date (list date) to enter it in the MLS. If the seller is not ready to show, the listing can be entered as Delayed (or Active with a note in the first line of public remarks indicating when showings will begin).
If your listing is an office exclusive listing, you must submit the listing contract and the required office exclusive form to the MLS within 4 calendar days from the effective date. Office exclusive listings cannot be publicly marketed.
At their last meeting, the MLS Board of Directors reviewed the fines associated with new listing input. Changes to the fine structure are in red below.
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If you publicly market a listing, and fail to enter that listing into the MLS within 1 business day, you will be assessed a fine of $500/day.
- If you fail to enter a new listing, not yet being marketed, within 4 calendar days, you will be assessed a fine of $100/day.
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If you publicly market an office exclusive listing, or even the existence of an office exclusive listing, you will be assessed a fine of $500/day.
- If you fail to submit the listing contract and the required office exclusive form for an office exclusive listing within 4 calendar days, you will be assessed a fine of $100/day.
Click here for a summary of all SCWMLS fines.