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New Sandicor Rules Updates - October 2014

posted Oct 10, 2014, 1:46 PM by Joyce Evans   [ updated Oct 10, 2014, 2:19 PM ]
**New Updates to Rules & Regulations – OCTOBER 2014**

10.1 Reporting of Sales. Update to rule: “The listing broker is required to report the accurate selling agent information when updating to the “pending” status.

11.7 Photographs, Virtual Tours and other Media  on the MLS. Update to rule: (Part 1) “By submitting Media to the MLS, the Participant and/or Subscriber represents and warrants that he or she either owns the right to reproduce and display such Media or has procured such rights from the appropriate party, and has the authority to grant and grants to Sandicor and other Participants and Subscribers the right to reproduce and display the Media in accordance with these rules and regulations. The MLS does not support embedding APIs, HTML, or URLs so Participants and Subscribers may not submit Media that must be displayed by those methods.”  

(Part 2) “Participants and Subscribers are prohibited from branding Media with any information or additional images, including but not limited to photos displaying “for sale” signs posted on the listed property. Sandicor may brand, watermark or otherwise modify any Media to police, track or protect Sandicor’s rights.”
 
11.8 Database Preservation. “No data may be removed from the MLS compilation of current other than by Sandicor. Although a listing may be removed from the display in the MLS compilation of current listing, all data submitted to the MLS will remain in the database for historical and other purposes approved by Sandicor.”
 
12.5 Misuse  of Remarks and Supplemental Remarks. Update to rule: (Part 1) “Public remarks shall be limited to the physical characteristics and descriptive property and/or community information.

(Part 2) “Public remarks may not include..., seller’s terms, buyer’s incentives, disclaimers, disclosures required outside of the MLS…”
 

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