Failing to change an ascertainable field after being notified to do so
First Notice | Courtesy Notice |
Second Notice | $25 |
Third Notice | $50 |
Fourth Notice | $100 and loss of MLS privileges until data is corrected |
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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 entered into the Service computer within 72 hours (excepting weekends, holidays and postal ...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) ...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 ...Failing to map a listing to its correct location.
First Notice Courtesy Notice Second Notice $25 Third Notice $50 Fourth Notice $100 and loss of MLS privileges until data is corrected