What are the fines for breaking a coming soon rule?

Created by Wendy Alley, Modified on Tue, 11 Apr, 2023 at 3:38 PM by Wendy Alley

Answer:


Section 7.1.5 Coming Soon Violations

The following fines will be imposed to the Participant if:

 

  1. A Participant or subscriber shows/views a listing in a coming soon status 
  2. A Participant or subscriber presents/shares details of an offer to the seller while the listing is in a coming soon status. 
  3. A seller shows/views listing while in a coming soon status, listing brokerage will be fined.

 

1st Offense: $1,000

2nd Offense: $2,000

3rd Offense: $5,000 

4th Offense Agent and Broker appearance before MLS Committee with discipline to be determined in accordance with BR MLS Rules and Regulations Section 7.

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