Section 1.2: Details On Properties Entered Into The Service

Details On Properties Entered Into The Service

A Property Data Form, when entered into the Service by the listing broker, shall be complete in every detail which is ascertainable as specified on the Property Data Form.  The Property Data Form is defined as any format developed for inputting data into the computerized MLS. (For additional details reference Exhibit 1.) In the event that the listing of a Participant has as its listing agent or salesperson a licensee who is subject to a fee waiver under Section 6.1, then that listing shall be ineligible for submission to the Service.

1.2 (a) No field, photo, attachment, or supplement file on a listing in the Service may include an offer of compensation from seller or listing broker to cooperating brokers or an offer of a seller concession that is limited to or conditioned on the retention of or payment to any other brokerage.

1.2 (b) At least one digital image (photo/plat maps/rendering) of each property (all property types) listed in the MLS shall be submitted to the Service before the listing is submitted to the system as active, except where sellers expressly direct that photographs of their property not appear in MLS compilations.  Written documentation requesting a digital image not be submitted, signed by the seller, should be available for review if requested by the Service.

1.2(c) Digital images submitted to MLS shall only contain photos pertinent to the listed property, floor plans of the listed property, renderings of the listed property or plat maps. Digital images should not contain contact information such as names, phone numbers, email addresses or web site addresses, including use of embedded, overlaid, or digitally stamped information.

1.2(d) The remarks and/or directions sections of the Property Data Form shall not contain any contact information or hyperlinks.  The agent only section is for any contact information and additional agent remarks.  The directions section is a required field and must only contain directions to the property.

1.2(e) Actual square footage should not be disclosed on any active type listing in the online system, IDX site or any other third-party site.  The actual square footage will only be displayed on closed listings.

1.2 (f) If the county tax office has not yet assigned a tax ID number, the Tax ID field should be left blank, with a zero entered in the Tax Value field, and “Tax Value Not Available” entered in the “Remarks” field.

1.2(g) The Service adopts and hereby incorporates by reference the recommendations of the North Carolina Real Estate Commission in regard to the measuring of all properties as from time to time amended. The current policy of the N.C. Real Estate Commission is attached as exhibit #2.

 

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