The Southwest Multiple Listing Service (SWMLS) is issuing a new form of compliance notification in an effort to better educate and inform SWMLS Subscribers and Participants about potential data/status errors.
The NEW compliance notifications will be called "System Alerts" and "Tax Alerts". These Alerts are courtesy notifications and are meant to educate the Subscriber and/or Participant on how to correct the error and avoid errors in the future.
Compliance warnings will still be issued, so it is important to recognize the difference between a compliance warning and the new compliance notification. The new compliance notification - System Alerts and Tax Alerts - will appear as FlexMLS Listing Alerts, while compliance warnings will appear in the standard notification form.
To help make it clear, below is a list of data/status errors categorized by the type of notification they would receive.
CO (Courtesy only) Alert
- General Education of MLS listing rules
- Fair Housing issues in Advertising
- Steering issues regarding offers
- Conditional Compensation on Pending listing
- Missing Lead Paint on Pending listing
- Duplicate Listings
CO System Alert
- Invalid Address formatting
- Invalid Mapping of listing
- Missing Room Dimensions
- Invalid MLS Area/Zone Atlas
- Invalid Lot Size Acres or Lot SqFt
CO Tax Alert
- Invalid/incomplete Legal Desc.
- Invalid Lot Size Acres or Lot SqFt
- Invalid Taxes
- UPC code with dashes or spaces
- UPC code missing on new construction
- UPC code does not match county UPC code
CO Off Market Alert
- Invalid Sale Price
- Invalid Listing Data
- Missing Photo
- Allowance/Concession YES but $0 Allowance reported
48 Hour Warnings (These are sent as standard Compliance Warnings and need to be fixed within 48 hours to avoid a fine.)
- Missing Photos/Sign in Photos
- Advertising in Public Remarks/Virtual Tours
- Incorrect Property Information
- Reporting invalid Status of a listing
- Reporting a status change more than 48 hours after it occurred (cancelled, pendings only)
- Conditional offer of Compensation
- Overdue Pendings
- Missing Lead Paint
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