Penalty Fees & Fines
Printable Document

MLS Reinstatement Fee for Offices Suspended for Non-Payment
•	First Reinstatement	$100.00
•	Second Reinstatement	$250.00
•	Third Reinstatement (Within a Calendar Year)	$500.00

Photo Fines
•	7 Day Fine - Applied when "Realtor Submit photo" is not submitted within 7 days.	$50.00
•	Submitting a Property Photo w/ Agent or Office Branding (Increases $50 for each subsequent offense)	$50.00 1st offense $100.00 2nd offense
•	Inappropriate/Indecent Photo Upload	$2500
•	Failure to submit at least one exterior photo for all property categories except Vacant Land	$25

IDX Fines
•	Data Posting Violation	$500.00 per occurrence
•	Unauthorized Use (as described in Section 14 of MLS Rules and Regulations)	$500.00 per occurrence
•	Site Registration Violation	$50.00 per occurrence
•	Not posting the required fields, logos and/or disclaimers	$50.00 per occurrence
•	Not updating the listing content every seven (7) days / not posting last update date	$50.00 per occurrence
•	Not properly displaying the listing office name	$50.00 per occurrence

Listing/Membership Fines
•	Failure to report to MLS, all licensees in office	$100.00 ea. + back billing
•	Giving Out Agent ID & Password to Unauthorized Users (including non-members & clients)	$1,000 per offense
•	Reporting Late Listings	$100.00 per day *
•	Reporting Late Price Changes	$25.00 for 1-5 days $5 per day thereafter
•	Reporting Late Pendings	$25.00 for 1-5 days $5 per day thereafter
•	Reporting Late Off-Markets (deal-fell, withdrawal)	$25.00 for 1-5 days $5 per day thereafter
•	Reporting Late Off-Markets (deal-fell, withdrawal)	$25.00 for 1-5 days $5 per day thereafter
•	Reporting Late Closings	$25.00 for 1-5 days $5 per day thereafter
•	Reporting Late Changes in Listing Contract	$25.00 for 1-5 days $5 per day thereafter
•	Incomplete or incorrect Listing Contract	$25.00 per item
•	Incorrect listing date or expiration date entered	$50.00
•	Incomplete Listings - Required Keywords & Features	$3.00 per item
•	Entering Promotional Information in Remarks Section	$50.00 per offense
•	For Failure to Report "terms of sale" in Remarks Section	$25.00
•	Reporting Incorrect selling and/or off market information	$25.00
•	For any extended listing, extended without sellers' signature	$100.00 per offense
•	For Failure to provide MLS with requested documentation within allotted time	$100.00 per day
•	For Failure to express clearly, compensation offered to selling broker and buyers broker	$25.00
•	Inaccurate "Broker Assisted Sale" Sold Information	$100.00
•	Rules & Regulations Violation - for fines not specified (Lag policy may apply if violation is not rectified)	$50.00 per violation
•	For reporting a listing to MLS without the seller(s) signatures	$1,000.00 per offense And report licensee to DBR
•	For advertising another broker’s listings without inclusion of the listing company name and without permission of listing broker.	$100.00 per incident

* Maximum of $500 for the first offense, $1,000 for the second offense, $2,500 for the third offense and each thereafter.

Updated: 3/10/2010