New Compliance System Now in Motion/Breakdown of Recent Violations

At the end of January, Members received notification that NNRMLS had implemented a new compliance system. We sent a warning that over 300 violations would be emailed to Members over the first week of February.

In fact, 488 Violation notices were sent to NNRMLS Members between January 27 – February 10, 2014.

Here are some facts about this enormous undertaking:

Total Violations Sent = 488
Levels 1-3 Violations = 485 (allowed 2 business days to correct w/o fine)
Levels 1-3 Citations = 9 (not corrected after 2 business days so fines were issued)
Level 4 Citations = 3 (automatic fine without 2 business days to correct)

We thank and commend Members for taking these violation notices seriously and updating or fixing the issue within the 2 business day grace period. The ratio of violations to citations proves that this policy is working.

Breakdown of the Violations:

Incorrect Information = 168 Violations / 1 Citation
Remarks = 157 Violations / 5 Citations
Wrong Area = 92 Violations / 0 Citations
Branded Virtual Tours = 35 Violations / 2 Citations
Photo/Sign = 24 Violations / 1 Citation
Late Listings = 3 Automatic Citations

Remember the goal of our compliance program is not to collect fines, but to correct the data.

We seek to ensure the MLS is a trading platform for our members with relevant, timely, accurate, and reliable data. Now that we have corrected all identified errors, we hope to see fewer and fewer violations. If you are unclear on a rule or uncertain as to procedure, please contact your NNRMLS Team.

 

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