MLS Rules and Regulations

MLS Rules and Regulations

CRMLS Rules and Regulations California Regional Multiple Listing Service, Inc. CRMLS.ORG | 800.925.1525 Effective Date: May 1, 2021 Contents 1. AUTHORITY. ................................................................................................................................................ 7 2. PURPOSE. ..................................................................................................................................................... 7 3. THE AOR/MLS COMMITTEE. .................................................................................................................... 7 4. PARTICIPATION AND AUTHORIZED ACCESS. .................................................................................... 7 4.1 Participant. ..................................................................................................................................................... 7 4.1.1 Broker Participant........................................................................................................................... 8 4.1.2 Appraiser Participant. ..................................................................................................................... 8 4.1.3 Redundant Participant Qualifications. ............................................................................................ 9 4.2 Subscriber. ..................................................................................................................................................... 9 4.2.1 R.E. Subscriber. .............................................................................................................................. 9 4.2.2 Appraiser Subscriber. ..................................................................................................................... 9 4.2.3 Redundant Subscriber Qualifications. ............................................................................................ 9 4.3 Clerical Users. ................................................................................................................................................ 9 4.4 Registered Assistant Access. ....................................................................................................................... 10 4.4.1 Assistant Fees. .............................................................................................................................. 10 4.4.2 Assistant Written Agreement. ...................................................................................................... 10 4.4.3 Assistant Information. .................................................................................................................. 10 4.4.4 Assistant Identification. ................................................................................................................ 10 4.4.5 Assistant Eligibility. ..................................................................................................................... 10 4.5 Notification of Licensees. ............................................................................................................................ 10 4.6 Participation Not Transferable. ................................................................................................................... 10 4.7 Listing Broker Defined. ............................................................................................................................... 10 4.8 Buyer Broker Defined. ................................................................................................................................ 11 4.9 Appraiser Defined. ....................................................................................................................................... 11 4.10 Authorization for Mandatory Training. ...................................................................................................... 11 4.11 Subject to MLS Rules. ................................................................................................................................. 11 5. MLS FEES AND CHARGES. ..................................................................................................................... 11 5.1 Service Fees and Charges. ........................................................................................................................... 11 5.1.1 Initial Participation and/or Application Fee. ................................................................................ 11 5.1.2 Recurring Participation Fee. ......................................................................................................... 11 5.1.3 Listing Fee. ................................................................................................................................... 12 5.1.4 Publication Fees. .......................................................................................................................... 12 5.1.5 Computer Access Fees. ................................................................................................................ 12 5.1.6 Certification of Nonuse. ............................................................................................................... 12 5.1.7 Other Fees. ................................................................................................................................... 12 5.2 Responsibility for Fees. ............................................................................................................................... 12 6. REGIONAL AND RECIPROCAL AGREEMENTS. ................................................................................. 13 - 1 - 7. LISTING PROCEDURES. .......................................................................................................................... 13 7.1 Listings Subject to Rules and Regulations of the MLS. ............................................................................. 13 7.2 Property Already Listed by Another Agent/Broker. .................................................................................. 13 7.3 Listing and Co-Listing Agents/Brokers. ..................................................................................................... 13 7.4 Range Pricing. .............................................................................................................................................. 13 7.5 Types of Listings; Responsibility for Classification. ................................................................................. 13 7.5.1 Scope of Service; Limited Service Listings. ................................................................................ 14 7.5.2 Scope of Service; MLS Entry-Only Listings. ............................................................................... 14 7.5.3 Scope of Service; Legal Obligations. ........................................................................................... 15 7.6 Types of Properties; Responsibility for Classification. .............................................................................. 15 7.7 Compliance with California and Federal Law. ........................................................................................... 15 7.8 Mandatory Delivery of Listing Agreement. ............................................................................................... 15 7.9 Mandatory Submission upon Marketing ..................................................................................................... 16 7.9.1 No Cooperation Listing ................................................................................................................ 16 7.10 Service Area. ................................................................................................................................................ 16 7.11 Change of Listing Information. ................................................................................................................... 17 7.12 Withdrawal of Listing Prior to Expiration. ................................................................................................. 17 7.13 Contingencies. ............................................................................................................................................. 17 7.14 Detail on Listings Filed With the MLS. ...................................................................................................... 17 7.15 Unilateral Contractual Offer; Subagency Optional .................................................................................... 17 7.16 Acceptance of Contractual Offer................................................................................................................. 18 7.17 Consent to Act as Dual Agent. .................................................................................................................... 18 7.18 Estate Sale, Probate, Bankruptcy, Auction, and Lender Approval Listings .............................................. 18 7.18.1 Probate and Bankruptcy Listings.................................................................................................. 18 7.18.2 Lender Approval Listings. ............................................................................................................ 19 7.18.3 Auction Listings. .......................................................................................................................... 19 7.18.4 New Construction Listings ..........................................................................................................

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