Coming Soon properties must include a Coming Soon addendum

Rules and Regulations: 3.10 Coming Soon Listings.

3.10.1 Coming Soon listings shall be entered into the MLS System within one (1) Business Days after the Listing Agreement Commence Date. Listing Agreements for Coming Soon properties must include a Coming Soon addendum signed by the seller indicating that the seller acknowledges and consents to the Coming Soon status.

Compliance Guidelines: SECTION 5: SERIOUS VIOLATIONS

4. Failure to enter a Coming Soon Listing Addendum when entering a Coming Soon listing;

Fines for Serious Violations are as follows:
First Infraction: Warning notification
Second Infraction: $250.00 fine
Third Infraction: $500.00 fine; and referral to MLS Board of Directors for review and discipline
if applicable.

 

Governing Documents

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