Texas REALTORS MLS Schedule of Fines for Administrative Sanctions (source document amended by Texas REALTORS Executive Board on 02/14/22).
MLS Schedule of Fines for Administrative Sanctions MLS Rules Fine Listing Procedures Failure to submit a required listing to the MLS Section 1 - Listing Procedures, Section 1.01 - Clear Cooperation, Section 1.3 - Exempted Listings, Section 1.12 - Service Area $100 Failure to submit accurate and complete listing information Section 1.2 - Detail on Listings Filed with the Service, Section 1.11 - Expiration, Extension, and Renewal of Listings, Section 1.12 - Termination Dates on Listings $100 Failure to report and update listing information Section 1.4 - Change of Status of Listing, Section 1.5 - Withdrawal of Listing Prior to, Section 1.6 - Contingencies Applicable to Listings, Section 1.7 - Potential Short Sale Disclosure, Section 1.8 - Listing Price Specified, Section 2.5 - Reporting Sales to the Service, Section 2.6 - Reporting Resolutions of Contingencies, Section 2.8 - Reporting Cancellation of Pending Sale $250 Failure to list properties separately Section 1.9 - Listing Multiple Unit Properties $100 Selling Procedures Failure to follow showing instructions Section 2 - Showings $100 Failure to present an offer or provide written confirmation of an offer being submitted Section 2.1 - Presentation of Offers, Section 2.2 - Submission of Written Offers, Section 2.3 - Right of Cooperating Broker in Presentation of Offer, Section 2.4 - Right of Listing Broker in Presentation of Counter-offer $100 Advertising a listing without authority Section 2.7 - Advertising of Listings Filed with the Service $100 Failure to disclose existence of an offer Section 2.9 - Disclosing the Existence of Offers $100 To misrepresent access to, and the ability to show, a property Section 2.10 - Availability of Listed Property $100 Failure to inform participants of a rejected offer satisfying the terms of the listing contract Section 3 - Refusal to Sell $100 Providing MLS information to brokers or firms that do not participate in MLS Section 4 - Information for Participants Only $100 Violation of for sale and sold sign rules Section 4.1 - For Sale Signs, Section 4.2 - Sold Signs $100 Unauthorized solicitation of seller Section 4.3 - Solicitation of Listing Filed with the Service $100 Misuse of terms MLS and multiple listing service Section 4.4 - Use of Terms MLS and Multiple Listing Service $100 Failure to include cooperative compensation Section 5 - Compensation Specified on Each Listing $250 Failure to disclose Potential short sales Section 5.3 - Short Sales $100 Failure to disclose status as a principal or purchaser Section 5.1 - Participant as Principal, Section 5.2 - Participant as Purchaser $100 Service Charges Failure to pay MLS Dues, Fees and Charges Section 6 - Service Fees and Charges $100 Confidentiality of MLS Information Misuse or unauthorized distribution of MLS content Section 10 - Confidentiality of MLS Information, Section 12 - Distribution, Section 12.1 - Display, Section 12.2 - Reproduction, Section 13 - Limitations on Use of MLS Information $500 Internet Data Exchange (IDX) Failure to notify and provide access to an IDX display Section 14.2.1 $100 Misuse of IDX content Sections 14.2.2 and 14.2.2.1 $100 Failure to withhold listing or property address per seller's instructions Section 14.2.3 $100 Failure to refresh download within 12 hours Section 14.2.5 $100 Unauthorized distribution of MLS database Section 14.2.6 $100 Failure to disclose the name of the brokerage firm Section 14.2.7 $100 Failure to disable third-party comments and AVMs Section 14.2.8 $100 Failure to include email address or telephone number for displaying broker, or to correct false data Section 14.2.9 $100 Modifying or manipulating other participants listings Section 14.2.11 $100 Failure to identify the listing firm Section 14.3.2 $100 Display of prohibited fields Section 14.3.1 $100 Failure to identify the listing agent Section 14.3.3 $100 Subscriber's display of IDX content without participant's consent Section 14.3.4 $100 Failure to include the MLS as the source of the information Section 14.3.5 $100 Failure to include required disclaimers Sections 14.3.6 and 14.3.7 $100 Failure to separate displays from other sources Section 14.3.8 $100 Displaying prohibited statuses and sellers/occupant information Section 14.3.9, Section 14.10 $100 Failure to comply with the MLS advertising rule on pages with IDX listings Section 14.3.11 $100 Virtual Office Websites (VOWs) Failure to establish a broker-consumer relationship, or to receive participant consent for non-principal display Section 15.1 $100 Failure to obtain a name, email address, user name, and password for registrants Section 15.3 a. ii. and iii. $100 Failure to expire passwords for registrants or to keep records for not less than 180 days after expiration Section 15.3 b. $100 Failure to provide the name, email address, user name and current password for alleged breach of MLS listing information or violation of MLS rules Section 15.3 c. $100 Failure to require registrant to agreement to required terms of use Section 15.3 d. $100 Failure to display broker's contact information or to respond to registrant inquiries Section 15.4 $100 Failure to monitor or prevent misappropriation, scraping, or other unauthorized uses of MLS information Section 15.5 $100 Displaying seller address when unauthorized Section 15.6 a. $100 Failure to execute a seller opt-out form when required, or retain the form for 1 year Section 15.6 b. and c. $100 Failure to disable third-party comments and AVMs Section 15.7 a. and b. $100 Failure to include email address or telephone number for displaying broker, or to correct false data within 48 hours Section 15.8 $100 Failure to refresh VOW data feed within 3 days Section 15.9 $100 Unauthorized access to VOW content Section 15.10 $100 Failure to display participant's privacy policy Section 15.11 $100 Failure to notify and provide access to an IDX display Section 15.13 $100 Exceeding the number of listings to consumer inquiries Section 15.15 $100 Failure to require registrant's passwords be changed Section 15.16 $100