MLS Rules and Regulations
Florida Gulf Coast Multiple Listing Service, Inc. Rules and Regulations
Any matter not specifically addressed in these Rules and Regulations shall be governed by the policies and procedures set forth by the National Association of REALTORS® as from time to time amended as well as the Policies and Procedures established by Florida Gulf Coast MLS.
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Purpose and Scope: Describes the purpose of the MLS, which is to facilitate the exchange of real estate information among brokers and agents to assist in the sale of properties.
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Membership and Participation: Details the requirements for joining the MLS, including eligibility criteria for real estate professionals and the process for maintaining membership.
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Listing Requirements: Specifies the rules for submitting property listings to the MLS, including mandatory fields, accurate information, and any deadlines for submission.
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Data Accuracy and Updates: Outlines the obligations of MLS participants to ensure the accuracy of the data provided and to make timely updates to property information.
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Compliance and Enforcement: Details the procedures for handling violations of MLS rules, including potential penalties or disciplinary actions for non-compliance.
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Access and Use of Data: Defines who has access to MLS data, how it can be used, and any restrictions on sharing or distributing MLS information.
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Dispute Resolution: Provides a process for resolving disputes between MLS participants, including mediation or arbitration procedures.
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Fees and Charges: Lists any fees associated with MLS membership, including subscription fees, transaction fees, or fines for rule violations.
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Amendments and Updates: Describes the process for making changes to the MLS rules and regulations, including how members are notified of updates.
Updated: July 2024
Certified by NAR: February 2021