Triad MLS - Rules and Regulations by Section
Listing Procedures
Selling Procedures
- Section 2.0: Showings and Negotiations
- Section 2.1: Presentation of Offers
- Section 2.2: Submission Of Written Offers
- Section 2.3: Right Of Cooperation Broker In Presentation Of Offer
- Section 2.4: Right Of Cooperation Broker In Presentation Of Counter-Offer
- Section 2.5: Reporting Sales To The Service
- Section 2.6: Reporting Status Changes Other Than Closed
- Section 2.7: Advertising Of Property Entered Into The Service
- Section 2.8: Reporting Cancellation Of Pending Sale
Refusal To Sell
Prohibitions
- Section 4.0: Information For Participants Only
- Section 4.1: "For Sale" Signs
- Section 4.2: "Sold Signs"
- Section 4.3: Solicitation Of Property Entered Into The Service
- Section 4.4: Use of the Terms MLS and Multiple Listing Service
Division Of Commissions
- Section 5.0: Cooperative Compensation Specified On Each Property
- Section 5.0.1: Short Sales
- Section 5.1: Participant As Principal
- Section 5.2: Participant As Purchaser
- Section 5.3: Dual Or Variable Rate Commission Arrangements
Service Charges
Compliance With Rules
Meetings
- Section 8.0: Meetings Of The Board Of Directors Of The Triad Multiple Listing Service
- Section 8.1: Meetings Of The Board Of Directors Of The Triad Multiple Listing Committee
Enforcement Of Rules Or Disputes
- Section 9.0: Consideration Of Alleged Violations
- Section 9.1: Violations Of Rules And Regulations
- Section 9.2: Complaints On Professonal Conduct
Confidentiality Of Service Information
- Section 10.0: Confidentiality Of Service Information
- Section 10.1: Service Not Responsible For Accuracy Of Information
- Section 10.2: Access To Comparable And Statistical Information
Ownership Of Service Compilations* And Copyrights
- Section 11.0: Authorization
- Section 11.1: Ownership Of Compilation
- Section 11.2: Access To Compilation
Use Of Copyrighted Compilations
- Section 12.0: Distribution
- Section 12.1: Display
- Section 12.2: Reproduction
- Section 12.3: No modification of other Participant's content
- Section 12.4: Disclaimer of Liability
- Section 12.5: Confidential Data Fields
Use Of Information
Changes In Rules And Regulations
NOTE: SECTIONS 15 and 16 were intentionally left blank.
Orientation
Internet Data Exchange
- Section 18.0: Internet Data Exchange (IDX)
- Section 18.1: Internet Data Exchange
- Section 18.2: Republication/Framing Of Internet Data Exchange Database On Internet Permitted
- Section 18.3: Approved Forms
- Section 18.4: DISPLAY OF IDX INFORMATION BY REAL ESTATE FRANCHISE ORGANIZATIONS
Outlying Members Virtual Office Websites (VOWs)
- Section 20.1: Definitions and Usage
- Section 20.2: Scope limited; Other services permitted; No listing broker permission required.
- Section 20.3 Prerequisites for access; Registration; Terms of Use
- Section 20.4: Contact information; Response to inquiries
- Section 20.5: Preventing unauthorized use of data
- Section 20.6: Sellers withholding listings and addresses from Internet
- Section 20.3 Prerequisites for access; Registration; Terms of Use
- Section 20.7 Third-party commentary; Automated valuation; Professional judgment
- Section 20.8: Means to correct errors
- Section 20.9: Frequency of updates
- Section 20.10: No other distribution permitted
- Section 20.11: Privacy policy required
- Section 20.12: Listings excluded from display based on objective criteria
- Section 20.13: Access to VOW for compliance evaluation
- Section 20.14: Multiple VOWs permitted
- Section 20.15: Password expiration
- Section 20.16: Advertising and ‘co-branding'
- Section 20.17: Displaying listings from other sources
- Section 20.18: Searching listings from other sources
- Section 20.19 License agreement required
