MLS Rules and FAQ's

The Most Misunderstood Rules

Sale Not Reported Within 3 Days - MLS Rule 10.2

• This violation includes pending and close of escrow. Cooperating broker shall notify the listing broker of the pending/sold status within 3 days after acceptance.
• Upon final closing, the listing broker shall report or input the listing in the MLS as "sold" within 3 days after the final closing date.
• If a listing is entered for comparable purposes only, then “For Comp Purposes Only” shall appear in the first line of confidential remarks.

Failure To Post - MLS Rule 11.5

• At least one (1) photo or graphic image of the front exterior of the property accurately displaying the listed property is required to be posted on the MLS with 1 day after submission of the listing in all categories other than business opportunity and Lots and Land.
• Use of photographs by a subsequent listing agent requires prior written authorization from the originating listing agent or appropriate party with the legal right to reproduce and display such photographs.

Branding / Virtual Tours (unbranded vs branded) - MLS Rule 11.5 & 12.5

• “For Sale” photo signs posted on the MLS with contact information, is prohibited. Landmarks are allowed.
• Shopping center, coffee shop, grocery store is prohibited.
• Branded virtual tours will be permitted in the Branded Virtual Tour field in Paragon.

Failure To Enter Accurate Information - MLS Rule 7.1 & 8.3

• All listings input into the MLS shall be complete in every detail as specified on the property profile sheet including full gross listing price, listing expiration date, etc. etc.
• Listings that are incomplete shall be ineligible for publication in the MLS and subject to immediate removal.
• A Participant or Subscriber is required to correct inaccurate information within 2 days after being notified of the inaccuracies by the MLS.

Misuse Of Public Remarks - MLS Rule 12.5

• Information in the public remarks shall only relate to the marketing, description and condition of the property.
• No contact information, names, phone numbers, email addresses, website addresses (including virtual tours and transaction tracking URLs), lockbox, alarm, gate, security codes, vacancy, etc.
• Compensation or bonuses offered to cooperating brokers can not be included in public remarks.

Showing Access - MLS Rule 9.1.1

• Properties entered into the system must be available to show within 3 days subject to any tenants rights or unless seller indicates otherwise in writing.
• Provide SELM and input listing once ready for show.

Churning Of Listings / Re Listings - MLS Rule 7.26

• Manipulation of listing data, which misleads the public, participants and subscribers, is not permitted.
• Only when the listing Participant/Subscriber has signed a new listing agreement with the seller, shall the Participant/Subscriber be permitted to relist the property in the MLS as a “new” listing.
• Only when a property has been off the market for more than thirty (30) days will the days on the listing start at zero (0). Applies to withdrawals, cancellations, extensions, expiration and /or other modifications to listing agreement.

MLS Rules: FAQ's

Below, you will find frequently asked questions regarding MLS Rules. Please feel free to look through some of our most popular questions. However, if you do not see a solution to your problem, please contact bridgeMLS support, and we would be more than happy to assist you!