New/Modified MLS Rule Changes - March 27th, 2018

New/Modified MLS Rule Changes - March 27th, 2018

CCAR is adopting the below NAR mandated MLS Rule changes to the MLS Rules & Regulations. These changes will take effect March 27th, 2018. 

MLS Rules & Regulations (Changes noted with strike-troughs and underlines)

4.1.1 Broker Participant. A broker participant is a participant who meets all of the following requirements:

a. The individual or corporation, for which the individual acts as a broker/officer, holds a valid California real estate broker’s license;

b. The individual is a principal, partner, corporate officer, or branch office manager acting on behalf of a principal;

c. The individual or corporation for which the individual acts as a broker/officer offers and/or accepts compensation in the capacity of a real estate broker*.

d. The individual has signed a written agreement to abide by the rules and regulations of the service in force at that time and as from time to time amended;

e. The individual pays all applicable MLS fees; and

f. The individual has completed any required orientation program of no more than eight (8) classroom hours within sixty (60) days after access has been provided. Said individual to be given the opportunity to complete any mandated orientation program remotely.

4.1.2 Appraiser Participant. An appraiser participant is a participant who meets all of the following requirements:

a. The individual holds a valid California appraisers certification or license;

b. The individual is a principal, partner, corporate officer, or branch office manager acting on behalf of a principal;

c. The individual has signed a written agreement to abide by the rules and regulations of the service in force at that time and as from time to time amended;

d. The individual pays all applicable MLS fees; and

e. The individual has completed any required orientation program of no more than eight (8) classroom hours within sixty (60) days after access has been provided. Said individual to be given the opportunity to complete any mandated orientation program remotely.

4.2.1 R.E. Subscriber. A real estate subscriber is a subscriber who meets all of the following
requirements:

a. The individual holds a valid California real estate salesperson’s or broker’s license;

b. The individual is employed by or affiliated as an independent contractor with a broker participant;

c. The individual has signed a written agreement to abide by the rules and regulations of the service in force at that time and as from time to time amended;

d. The individual pays all applicable MLS fees; and

e. The individual has completed any required orientation program of no more than eight (8) classroom hours within sixty (60) days after access has been provided. Said individual to be given the opportunity to complete any mandated orientation program remotely.

4.2.2 Appraiser Subscriber. An appraiser subscriber is a subscriber who meets all of the following requirements:

a. The individual holds a valid California real estate appraisers certification or license;

b. The individual is employed by or affiliated as an independent contractor with an Appraiser Participant;

c. The individual has signed a written agreement to abide by the rules and regulations of the service in force at that time and as from time to time amended;

d. The individual pays all applicable MLS fees; and

e. The individual has completed any required orientation program of no more than eight (8) classroom hours within sixty (60) days after access has been provided. Said individual to be given the opportunity to complete any mandated orientation program remotely.

4.3 Clerical Users. Clerical users are individuals (whether licensed or unlicensed) under the direct supervision of an MLS participant or subscriber that perform only administrative and clerical tasks that do not require a real estate license or an appraiser’s certificate or license. Clerical Users may join the MLS through their employing Participant or Subscriber. The participant shall be responsible for the conduct of the Clerical User. Clerical Users shall be linked in the system to at least one Participant. They may also be linked to a particular Subscriber. Each participant and subscriber shall notify the MLS of all clerical users employed by or affiliated as independent contractors with the participant or subscriber and shall immediately notify the MLS of any changes, additions or deletions from the list.
Clerical Users shall also be subject to the following requirements:
(a) Clerical Users are given a unique passcode;
(b) Clerical Users must have any fees paid in full;
(c) Participant or Subscriber linked to the Clerical User may be fined, disciplined or terminated for Clerical User’s misconduct;
(d) Clerical Users shall sign a written agreement to abide by the rules and regulations of the MLS; and
(e) Clerical Users shall complete any required orientation program of no more than eight (8) classroom hours within sixty (60) days after access has been provided. Said individual to be given the opportunity to complete any mandated orientation program remotely.
 
 
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