PPMLS Fees and Fines   8/22/13

 
SUMMARY OF PPMLS FEES AND FINES

FEES:

REFER TO APPENDIX C (page 60) OF THE PPMLS RULES AND REGULATIONS

FINES: 

DOCUMENTED UNAUTHORIZED USE OF PPMLS SERVICES - $240

  • Upon receipt of a documented complaint of unauthorized use of PPMLS services such as, but not limited to, accessing the computer database, using a lock box or keypad that belongs to someone else, or transmitting PPMLS Content to an unauthorized third party, the RSC will send the Designated REALTOR® Participant (or Sub-Participant) a letter assessing an immediate fine of six (6) months times the current Participation Fee for each documented unauthorized use of PPMLS services.

STATUS CHANGE TO WC AND NEW LISTING ENTERED - $100 after two warnings

  • Listing agreement cancelled or expired without prior written authorization from the Seller, and property re-listed within 30 Days.
    • RSC will send the listing broker a “courtesy” email warning notice, with a copy to the co-listing broker or assistant, as applicable.
    • If RSC does not receive the requested documentation within five (5) days from the date of the courtesy email, RSC will send a second courtesy email notice, with a copy to the Designated REALTOR® and office manager.
    • If RSC does not receive the requested documentation within three (3) days from the date of the second courtesy email, RSC will assess a $100 fine to the listing broker. RSC will notify the listing broker and Designated REALTOR® or office manager by email. The notice will refer the broker to the appeal process described in Section 9.1.2.

FAILURE TO REPORT SALES INFORMATION WITHIN THE 72-HOUR REPORTING PERIOD- $100

  • RSC will send the listing broker a “courtesy” email warning notice, with a copy to the co-listing broker or assistant, as applicable.
  • The email will request that the listing be updated with the correct status and other required information. The listing broker will have five (5) days to update the status.
  • If the listing status has not been updated, or if RSC has not received the appropriate Change and Correction (or Post-Sale Addendum) Form within five (5) business days from the date of the courtesy email warning, RSC will send a second courtesy email notice, with a copy to the Designated REALTOR® and office manager.
  • If RSC does not receive the requested documentation within three (3) days from the date of the second courtesy email RSC will assess a $100 fine to the listing broker. RSC will notify the listing broker and Designated REALTOR® or office manager by email. The notice will refer the broker to the appeal process described in Section 9.1.2.
  • If the listing status has not been updated, or if RSC has not received the sold information from the listing broker, on the 9th day RSC will update the listing with the Sold Date and Sold Price from the assessor files and will assess the fine.

DELETION OF UNAUTHORIZED TEXT

  • If RSC becomes aware of unauthorized text, RSC will delete the unauthorized text from the listing as it is displayed in the PPMLS.
  • The listing broker (and co-listing broker and assistant as applicable) will be sent an email notifying them that unauthorized text was deleted. The notice will refer the broker to the appeal process described in Section 9.1.2.
  • Multiple violations by the same broker may result in fines and/or sanctions.
  • If the violation was for the inclusion and or display of “contact information” then an automatic fine of $100 will also be assessed to the listing broker.

FAILURE TO GIVE NOTICE OF STATUS CHANGE  - $100 FINE OR LISTING WITHDRAWN

  • If the listing broker fails to give notice of a (non-Sold) status change (including failure to disclose the existence of a short sale addendum pursuant to Section 5.0.1) and failure to report the resolution of a contingency within the 72-hour reporting period, RSC will send the listing broker a “courtesy” email warning notice, with a copy to the co-listing broker or assistant, as applicable.
  • If the correction has not been made within five (5) days from the date of the courtesy email warning, RSC will send a second courtesy email notice, with a copy to the Designated REALTOR® and office manager.
  • If the correction has not been made within three (3) days from the date of the second courtesy email RSC will assess a $100 fine to the listing broker. RSC will notify the listing broker and Designated REALTOR® or office manager by email. The notice will refer the broker to the appeal process described in Section 9.1.2.

WITHDRAWAL OF LISTING FROM PPMLS

  • Failure to offer any cooperation and compensation, or failure to offer compensation expressed as a percentage of the gross selling or lease price, a percentage of the net sales price or as a definite dollar amount, or offers made with exclusions.

  • Other Violations

    • The listing status will be changed to WITH-Temporarily Withdrawn.

    • RSC will notify the listing broker and Designated REALTOR® or office manager by email. The notice will refer the broker to the appeal process described in Section 9.1.2.

    • If the listing broker or Designated REALTOR® reinstates the Withdrawn listing without making the violation correction, then RSC staff will delete the listing from the PPMLS database. RSC will notify the listing broker and Designated REALTOR®, by email, that the listing was deleted from the PPMLS database. The notice will refer the broker to the appeal process described in Section 9.1.2.

PPMLS Photo Rules
 

PLEASE REFER TO SECTION 9.1 (page 27) – Rules and Regulations Violations Exhibit J-Violations waiver Form-page 108