The NAR-mandated Clear Cooperation Policy was implemented in May. CRMLS provided a period of limited enforcement and generous warnings to give subscribers the opportunity to learn the new rules.
Per a vote from the CRMLS Board of Directors which is made up of volunteer brokers, effective November 1st, 2020, CRMLS will eliminate the warning notice that is given to users who show a listing in the Coming Soon status.
Starting 11/1/20, if a CRMLS user shows a Coming Soon listing, that user will be subject to a fine of 1% of the list price, not less than $500 and not to exceed $2,500. This is the current fine structure for any Clear Cooperation Policy violation.
As a reminder, showing a listing in Coming Soon status is a violation of Rule 9.3 of the CRMLS Rules and Regulations. Rule 9.3 states:
9.3: Availability to Show or Inspect. Listing Brokers shall not misrepresent the availability of access to show or inspect a listed property. For any property in which Listing Broker selected a status of Coming Soon or Hold, Listing Broker represents that the property shall have no showings or tours, whether conducted by Listing Broker or otherwise, until such time as the Property is placed in the Active or Active Under Contract status.
Here are some additional resources that may be helpful:
- CRMLS Coming Soon Form
- Report Off-MLS Marketing (click on Report Off-MLS Marketing button)
- Differences Between the Registered and Coming Soon Statuses
- CRMLS Citation Policy
- CRMLS Matrix Compliance FAQ
- CRMLS Paragon Compliance FAQ
- CRMLS Flex Compliance FAQ