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The Handbook includes model enabling provisions for insertion in association bylaws authorizing establishment of a multiple listing service and bylaws and rules and regulations for MLSs which will permit optimum service and efficiency.
These model documents are part of the Handbook on Multiple Listing Policy and include the Model MLS Rules and Regulations and Model MLS Bylaws. 2022 MLS Policy Changes FAQ Read the 2022 MLS Policy Changes FAQ for a better understanding of the changes and how to implement them at the local level.
Highlights changes in NAR MLS policy adopted in 2022, including changes to the Model MLS Rules and Regulations (all types), and changes to the MLS Policy Statements, both found in the 2023 Handbook on Multiple Listing Policy.
of a multiple listing service and bylaws and rules and regulations for MLSs which will permit optimum service and efficiency. Association and association-owned MLSs must conform their governing documents to the mandatory MLS policies established by the National Association’s Board of Directors
In August 2018, the NAR Leadership Team made additional revisions to the Model MLS Rules and Regulations. The language in the paragraph below will appear different from the printed version of the Handbook on Multiple Listing Policy.
of a multiple listing service and bylaws and rules and regulations for MLSs which will permit optimum service and efficiency. Association and association-owned MLSs must conform . their governing documents to the mandatory MLS policies . established by the National Association’s Board of Directors
While the educational emphasis of enforcement cannot be disregarded, the fact the rules exist to protect clients and customers, the public, and to ensure the effective, efficient functioning of the MLS must be carefully considered in determining appropriate discipline.
Highlights changes in NAR MLS policy adopted in 2020, including changes to the Model MLS Rules and Regulations (all types), and changes to the MLS Policy Statements, both found in the 2021 Handbook on Multiple Listing Policy.
Standard of Practice 1-10. REALTORS® shall, consistent with the terms and conditions of their real estate licensure and their property management agreement, competently manage the property of clients with due regard for the rights, safety and health of tenants and others lawfully on the premises.
MLS in the Coming Soon status. 2) Listing must be entered into the Multiple Listing Service in the Coming Soon status within 72 hours or 3 days (except Saturdays Sundays, and postal holidays) of the listing date. If the Coming Soon listings are not entered into the MLS within the required timeframe, a penalty of