What’s the point of a listing, if it isn’t accurate?
Inaccurate listings can cause heartburn to quite a few people; namely buyers, sellers, Realtors®, brokers, and the staff here at MFR. Therefore, maintaining the listing integrity of the data is highly important.
We know there’s nothing fun about fines, however it becomes a necessary tool when trying to ensure that listings in the MLS are in compliance with the rules and regulations.
On January 1, 2014 we will implement changes to our current fine structure. We’ve put together a comprehensive overview (below) that outlines these changes and encourage you read through the information to avoid potential fines. This document can be downloaded and shared with others in your office that input listings in the MLS.
A few key changes to note:
• An increase in time to correct certain errors/warnings
• Invalid compensation – currently a warning with 24-hour correction time will become an automatic fine of $50
• The establishment of a repeat offender fine schedule
• The establishment of a fine schedule for uncorrected errors – coming Feb 1, 2014.
MFR Fine Structure & New Changes
Overall, this effort is to continue to make the data useful for you, your clients, and everyone involved. Should you have questions regarding this information, please feel free to contact our Call Center team. They are available seven days a week during operating hours to assist you.
Call: 800-686-7451 Email: email@example.com
Call Center Hours of Operation
Monday – Friday 7:30am – 7:00pm
Saturday 8:00am – 6:00pm
Sunday 9:00am – 2:00pm