Suncoast MLS - Rules and Regulations by Section
Authority, Purpose, Qualifications
- Section 1.0: Authority and Purpose
- Section 2.0: Definitions
- Section 3.0: Qualifications for Participation
- Section 4.0: Property Class of Listings
- Section 4.1: Listing Jurisdiction
- Section 4.2: Listing Contracts
- Section 4.3: Listings Subject to MLS Rules and Regulations
- Section 4.4: Procedures for Listing Contracts
- Section 4.5: Expiration, Extension, and Renewal of Listings
- Section 4.6: Expiration Dates of Listings
- Section 4.7: Auction Listings
- Section 4.8: Joint Listings
- Section 4.9: Listings of Suspended/Expelled Participants
- Section 4.10: Listings of Resigned Participants
Participant’s Responsibilities
- Section 5.0: Listing Participant’s Responsibilities for Accurate Information and Signatures
- Section 5.1: Profile Sheets
- Section 5.2: Properties in Correct Major Area
- Section 5.3: Duplicate Listings
- Section 5.4: Exempted Listings
- Section 5.5: Listing’s Change of Status
- Section 5.6: Withdrawal of Listing Prior to Expiration
- Section 5.7: Property Unavailable for Showing
- Section 5.8: Listing Contingencies
- Section 5.9: Assignment of Contract
- Section 5.10: Listing Price
- Section 5.11: Multiple-Unit Listings
- Section 5.12: Photograph of Listing
- Section 5.13: Virtual Tour of Listing
- Section 5.14: Advertising Listed Property
- Section 5.15: Participant as Seller
- Section 5.16: Participant as Purchaser
Reporting
- Section 5.17: Reporting Listings Under Contract to the MLS
- Section 5.18: Reporting Resolutions of Contingencies
- Section 5.19: Reporting Cancellation of Pending Sale or Active with Contract Sale
- Section 5.20: Reporting Closed Sales to the MLS
- Section 5.21: Reporting Non-Listed Sales and Sales After Being Withdrawn or Expired
Participant Prohibitions and Limitations
- Section 7.0: Listings
- Section 7.1: For Sale Signs
- Section 7.2: Sold Signs
- Section 7.3: Listing Solicitations
- Section 7.4: Use of terms MLS and Multiple Listing Service
- Section 7.5: Security Tokens and PIN Numbers
- Section 7.6: Lockbox Fields in Database
- Section 7.7: Maintaining Database Integrity
Remarks
- Division of Commissions
- Section 8.0: Dual or Variable Rate Arrangements
- Section 8.1: Participants and Nonparticipants
Cooperative Compensation
- Section 8.2: Specified on Each Listing
- Section 8.3: Blanket Unilateral Offers
- Section 8.4: Participant Determines Amount of Compensation
- Section 8.5: Compensation Other Than That on Published Listings
- Section 8.6: No Disclosure of Total Amount of Negotiated Commission
- Section 8.7: Listing Compensation Appears in One of Two Forms
- Section 8.8: Adjusted Compensation
- Section 8.9: Modifying Compensation
- Service Fees and Charges
- Section 9.0: Initial Participation Fee
- Section 9.1: Recurring Participation Fee
- Section 9.2: Other Fees
- Section 9.3: Payment of Fees, Fines or Financial Obligations
- Section 9.4: Responsibility for Fees
- Section 9.5: Refund and Proration of Fees
- Section 9.6: Nonpayment of Clerical Fees
- Section 9.7: Nonpayment of Fees, Fines or Financial Obligations
- Section 9.8: Administrative Action for Nonpayment of Listing Fees
- Section 9.9: MLS Registrations and Fees Noncompliance
- Section 9.10: Reinstatement of MLS Access
- Section 10.0: Authority to impose Discipline
- Section 10.1: MLS Rules Noncompliance
- Section 10.2: Rules and Regulations Violations Process
- Section 10.3: Applicability of Rules to Users and/or Subscribers
- Section 11.0: Accuracy of Information
- Section 11.1: Quality Control Procedures
- Section 11.2: Confidentiality of MLS Information
- Section 11.3: Exclusive Use of MLS Data
Ownership - Section 11.4: Rights Granted
- Section 11.5: Compilation Ownership
- Section 11.6: Compilation Copies
Use of Copyrighted Compilations
- Section 11.7: Distribution
- Section 11.8: Display
- Section 11.9: Reproduction
- Section 11.10: Limitations on Use of Sold Information
- Section 11.11: Content Copyright - Participant’s Representation
MLS Rules and Regulations
Arbitration of Disputes
MLS Participants’ Standards of Conduct
- Section 14.0: Client Relationships
- Section 14.1: Signs
- Section 14.2: Cooperation and Compensation Offers
- Section 14.3: Solicitation of Exclusive Listings
- Section 14.4: Solicitation of Exclusive Buyer/Tenant Agreements
- Section 14.5: Unauthorized Use of Listing Information
- Section 14.6: Listing Agreements
- Section 14.7: Future Business
- Section 14.8: Commission
- Section 14.9: Exclusive Relationships
- Section 14.10: Compensation for Cooperating MLS Participants
- Section 14.11: Business Solicitation
- Section 14.12: Representation Agreements
- Section 14.13: Disclosure (For Buyer/Tenant)
- Section 14.14: Relationship Disclosure (Unlisted Property)
- Section 14.15: Relationship Disclosure (Seller/Landlord)
- Section 14.16: Contacting Other Brokers’ Clients
- Section 14.17: Modification of Offers of Compensation
- Section 14.18: Dealings With Exclusively Listed Property or Exclusive Agreements
- Section 14.19: MLS Participants Leaving a Firm
- Section 14.20: Aggressive & Innovative Business Practices/Disagreements
- Section 14.21: False and Misleading Statements
- Section 14.22: Firm’s Website Disclosure
- Section 14.23: Website Advertising
- Section 16.1: Internet Data Exchange
- Section 16.2: IDX Authorization
- Section 16.3: IDX Participation
- Section 16.4: Accessing IDX
- Section 16.5: Reporting and Monitoring URLs for IDX Sites
- Section 16.6: Protecting IDX Information
- Section 16.7: Listings or Property Addresses
- Section 16.8: Refreshing MLS Data
- Section 16.9: Sharing the IDX Database
- Section 16.10: Third Party Contractors
- Section 16.11: Service Charges
- Section 16.12: Violations
Display of the IDX Database
- Section 16.13: Rules for Display
- Section 16.14: Confidential Data Fields
- Section 16.15: Modification of IDX Data
- Section 16.16: Identify Listing Firm
- Section 16.17: Identify Source of Data
- Section 16.18: Display Disclaimers
- Section 16.19: Right to Display
- Section 16.20: Display of Expired, Withdrawn, and Pending Listings
- Section 16.21: Limit for Single Search Inquiry
- Section 16.22: Selection of Listings