Failing to change an ascertainable field after being notified to do so
$100 and loss of MLS privileges until data is corrected
Late notice of licensee change
Failing to notice within 72 hours (excepting weekends, holidays and postal holidays) when a licensee who is waived should no longer be waived, including unlicensed personnel who become actively licensed (whether by the NCREC or NCAB). Automatic Fine ...
Section 1.4 Change of Status of Listing:
Any change in the listed price or other change in the original listing agreement shall be made only when authorized in writing by the seller and shall be filed with the Service computer within twenty-four (24) hours (excepting weekends, holidays and ...
Late Status Change of Listing
Failure to report a property as pending, the cancellation or resolution of a pending listing, a sold listing or the cancellation of a contingency status to the MLS within 72 hours (excepting weekends, holidays and postal holidays) (BOM 02/07/19) ...
EMD Trust Account Field (Y/N)
Listing Firm does / does not maintain a trust account to hold earnest money deposits.
Exhibit 2: Data Compliance Assurance Policy
Compliance Process Violations. NCRMLS staff will issue fines for noncompliance with the MLS rules per the chart below. Fines are levied per field, not per listing. Upon notice of a violation, the MLS Subscriber/ Participant Member has 72 hours ...