Tag: Rules and Regs

Rules Safeguard your MLS Data

MLS data is always evolving and being updated. Inaccurate listing data can quickly deflate potential buyers’ perceptions of your clients’ home. NorthstarMLS safeguards market information so you can do your job confidently. When you login to the MLS, you can be

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Rules Roundup: The Q1 2016 Summary

Each week the NorthstarMLS Rules & Regulations Department receives reports of potential issues with listings in the Matrix System. You’ve probably run across these at some point. Anything from inaccurate data – wrong square footage measurements or photo issues – such as a

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Rules Roundup: TNAS and Statuses

Rules Roundup – Are You Putting the Correct Status Updates on Your Listings? Inaccurate listing statuses and untimely listing updates in the NorthstarMLS database continues to be one of the most common complaints to our Rules and Regs Department. In

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Rules Roundup: Update Projected Closed Dates

Rules Roundup – Update Your Projected Close Dates! Getting ready to head out to celebrate or take a vacation this holiday season? Take a few minutes and make sure the projected closed dates (PCD) on all your pending listings are

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Rules Roundup: Status Change for Holidays

Rules Roundup – Status Change Over the Holidays Are you working with a seller who would rather not schedule showings over the holidays? If the property is going to be unavailable for showing for more than 24 hours, the listing

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Rules Roundup: Soliciting

“I’ll trade you these Vikings versus Packers tickets for a list of homes that are pending – deal?” Seems like a great offer, but did you know that you would be in violation of MLS rules (subject to a $1,000

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Rules Roundup: Q3 Stats Summary

Rules Roundup – Third Quarter Stats Summary In quarter three of 2015, the NorthstarMLS Rules and Regulations Department addressed 7,432 listing violations – 98% of them were waived or no fine was given. This infographic highlights the top 5 incorrect

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Tip of the Week for 3/16

Tip of the Week – Past the Projected Closed Date Have you ever received a notice for a listing that is “Past the Projected Closed Date”? It is one of the most common violations that the NorthstarMLS rules and regulations

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Top 8 Rule Violations of 2014

Rules Roundup – Top 8 NorthstarMLS Rule Violations of 2014 It’s hard to believe, but 2014 is well over a month behind us already. In 2014, real estate transaction volume for over 66,000 properties valued at $15.2 billion was conducted through

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