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MLS Rules Update for December 1st 2022 & January 3rd 2023

Updated: Nov 16


Effective December 1st 2022, the following MLS rule will be updated:


Section 12.5.1 Public Remarks Restrictions and Requirements - Information in the public remarks shall only relate to marketing, description, condition of the property, and seller concessions. Advertising of financing terms in public remarks is still prohibited.


Effective January 3rd, 2023:


MLS Rule Section 12.15.1 and section 12.15.2 will be updated to allow bridgeMLS participants and subscribers to reproduce MLS compilation consisting of non confidential fields.


12.15.1 Copies to Prospective Purchasers. Broker participants and real estate subscribers may reproduce from the MLS compilation, and distribute to prospective real estate purchasers, copies of those portions of the MLS compilation consisting only of non-confidential fields a description of the property, including the address, features, financing and price. Such “client copies” shall also comply with the following:


a. Permissible MLS data may be augmented with additional data not otherwise prohibited from display, provided the source of any additional data is clearly identified.

b. No more than 100 current and 100 sold listings may be provided in response to any inquiry.

c. A disclaimer statement shall be made in a manner readily visible to consumers but not less than 7pt type, that contains the following, or substantially similar, notice:


Based on information from the bridgeMLS as of (date the AOR/MLS data was obtained). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.


For violation of this section, see Appendix A, Citable Infractions, 1.2, Misuse of MLS Information

.

12.15.2 Information Prohibited from Reproduction/Confidential Fields. Unless the Participant or Subscriber obtains prior written consent from the Listing Broker, the information reproduced pursuant to this section shall not include the following:


a. Property owner’s name, phone number, and address (if different from the listed property).

b. Instructions or remarks intended for buyer brokers, including but not limited to showing instructions or security references (ex: lockbox, burglar alarm or security system, vacancies) regarding the listed property:

c. Type of listing;

d. Compensation or bonuses offered to buyer brokers;

ed. Expired or withdrawn Pending (“under Contract”) listings;

fe. Other confidential fields information that goes beyond a description of the property.


To access the full bridgeMLS rules, please login to the MLS System: ConnectMLS or Paragon.


A link to the rules document is accessible on the home page.


ConnectMLS:














Paragon:











For more information, please contact bridgeMLS at support@bridgeMLS.com.


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