Statements that relate to compensation are strictly prohibited in any MLS field.  ALL listings in the MLS in ALL PROPERTY CATEGORIES are prohibited from including an offer of compensation, which also includes references to payment of a referral fee.

Avoid these mistakes that violate the Canopy MLS Rules:

• Text that references compensation, commission, bonus, or referral fees in any MLS field. Terms such as BAC, NC Form 220, SC Form 120 and co-broke are also prohibited.
• Including NC Form 220, SC Form 120 or any other compensation agreement in the attachments.
• Text that directs agents to submit referral requests to a website or email.
• Text that indicates that agents must show a property to be eligible for commission or referral fee.
• Including a URL in any MLS field that contains a compensation-related term, such as abccompensates.com.
• Using ShowingTime or other MLS tools to make offers of compensation.
• Including a link to a website in any MLS field which, with a single click on the link, would immediately display an offer of compensation.
• Text that indicates that buyer agents must pay a registration fee or tech fee for offer submission. The fee can be mentioned, however, stating that the buyer agent is responsible for paying the fee could be construed that the technology fee is deducted from the agent’s compensation.

For more information, please review Four new violations to be enforced by Canopy MLS compliance staff, and contact compliance@canopyrealtors.com, 704-940-3159, opt. 4 with any questions.