Trending Topics for Compliance: July 2021

Curious to know what our Compliance Department is hearing? Read our top trending items for the month.

1. MLS Modification of Information – Rule 14.5

CRMLS may modify listing information at any time if deemed inaccurate. Please be advised that this includes modifications to the On Market Date if there is evidence that public marketing occurred prior to the listing’s entry date. For more information on the CRMLS Rules & Policy changes, click here.

2. Expiration, Extension, and Renewal of Listings – Rule 7.22

Effective May 1, 2021  

Subsection C was modified to state the following: “The Listing Broker may modify the status of an expired listing within 7 days of the Expiration date.  At any time and for any reason, the MLS has the right to request a copy of the seller’s written authorization to extend or renew a listing.” 

3. Compliance training is available for your office 

Compliance now has an online Training Request Form, found here! Submit your request for compliance training at your office and our team will get in touch with you to schedule!

Please note: CRMLS Compliance will coordinate all scheduled events with the contact and email on the submission form. Please be sure to review and respond to all incoming emails regarding your request.

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