MLS Statement 8.0, also known as the Clear Cooperation Policy, went into effect Friday, January 1, 2021. It requires listing brokers who participate in a multiple listing service to submit their listing to the MLS within one business day of marketing the property to the public. If you have questions about this, please email and get answers directly from MetroTex MLS, [email protected]
1st Offense: $1,000 fine, payable within 30 days of Notice of Violation
2nd Offense: $2,500 fine, payable within 30 days of Notice of Violation
3rd Offense: $5,000 fine, payable within 30 days of Notice of Violation
4th Offense: A hearing before the MLS Committee will be scheduled. Sanctions may include fine up to $15,000 (maximum allowed by NAR), suspension of MLS services for no less than one (1) month but no more than one (1) year.
See more info here >> https://www.mymetrotex.com/mls-compliance/
Virtual Tour: Pre-recorded media (slide show, video, or other media) hosted on a URL and available on demand. PLEASE NOTE: NTREIS allows only approved URL’s with unbranded videos hosted on webservers under the control of the listing broker or photographer. Videos hosted on YouTube, Vimeo, or other...