A new MLS rule for Showing Instructions now places a requirement on the listing broker to state the Showing Procedures, Showing Instructions, and Showing restrictions on applicable fields in FLEX MLS and ShowingTime.
This rule went into effect on July 28, 2017 and carries a minimum $50.00 fine for misrepresentation of the showing instructions on a listing. The rule also requires that buyer’s agent follow the Showing Instructions as stated, unless changes are agreed upon outside the MLS.
Section 2.0.1 Showing Instructions - Listing brokers shall provide showing procedures, instructions and restrictions within applicable fields of the MLS. Participants and Subscribers shall follow instructions as specified by the listing broker. Participants and Subscribers may communicate with the listing broker to discuss and agree upon showing methods other than what has been entered for the listing.
What are the applicable fields? The rule mentions “applicable” fields of the MLS. These fields include the FLEX MLS listing fields where Showing Information is reported: Showing Instructions, LO/SO Remarks, Gate Codes, Alarm Codes. Listing Brokers that have chosen to use ShowingTime for their listings will also need to ensure that accurate showing information is reported here as well.
Watch this quick video clip that shows the various places you can include Showing Instructions.
Comments