MLS Changes

  MLS Changes

May 2022
The Board of Directors approved the newest version of the MLS Rules & Regulations (R&Rs), which will go into effect on Wed., June 1st. Review the changes in red for Section 13.2.

Section 13.2: NONPAYMENT OF QUARTERLY SUBSCRIPTION FEE, MONTHLY COMPILATION FEE AND/OR LATE FEE, VIOLATION FINE AND/OR FINE LATE FEE

For failure to pay any subscription fee, monthly compilation fee, violation fine or late fee within thirty (30) days of the date due, and provided that a least ten (10) business days' notice has been given, the Service, including MLS compilations, shall be suspended until all past due fees are paid in full. A $25 reinstatement fee will apply once suspended.

Download the newest version of the MLS R&Rs.

March 2022

The Board of Directors approved the newest version of the MLS Rules & Regulations (R&Rs), which coincides with the Tues., Mar. 1st, 2022 National Association of REALTORS® MLS mandates.

Download the newest version of the MLS R&Rs.

Download a summary of MLS R&R changes for Tues., Mar. 1st, 2022 roll out.

The above documents are also available in Paragon < MLS Documents < CAAR MLS Rules & Regulations folder.

Please note - the most significant changes to your daily operations include:

1. Section 2.19 – Lockboxes: CAAR lockbox must contain a key; it cannot contain a code to a contractor’s lockbox.

2. Section 2.16 – Public Fields/Internet Remarks: examples of inappropriate information in these fields has been updated.

3. Section 2.2.1 & Appendix G – Comp Only Listings: Comp Only listings MUST be real property.

4. Section 3.5 – Reporting Sales to the Service: Sales reported within 48 hours of settlement (not recordation)

5. Section 7.5 – Subscription Fees: Clarified to be quarterly billing with payment due within 30 days of billing date.

6. Section 7.8 – Late Fees: Updated 30-day, 45-day, and 60-day late fees for MLS & key subscriptions.

February & March 2021
The Board of Directors approved an updated version of the MLS R&Rs, which coincides with the Mon., Mar. 22nd, 2021 MLS changes to accommodate the Bright MLS data share agreement.

Download a summary of MLS R&Rs changes for Mon., Mar. 22nd, 2021 roll out.