Northwest MLS has many rules that are important to observe in order to avoid any fine. Here are the highlights:
- Primary Photo:
- The Primary Photo shall be either i) a photo of the exterior of the property; ii) a rendering of the exterior of the property; or iii) a photo of the view from the property.
- For attached condominium units in a building with more than four units, the listing firm may provide an interior photo as the Primary Photo, as long as the member includes, as an additional photograph, either i) a photo of the exterior of the property; ii) a rendering of the exterior of the property; or iii) a photo of the view from the property.
- Full Legal Description:
- This must be uploaded as a document in the "Photos and Documents" section. We then add it as an attachment to the MLS listing. You can request this document from EndPoint for free by emailing evan@endpoint.com.
- Price Changes:
- Insignificant price changes are not permitted. A price change may be input only when there has been a meaningful change in the price of the property.
- The list price may not be changed to the pending contract price.
- Incomplete Driving Instructions:
- Invalid, incomplete or no driving directions are not allowed. Do not enter "use GPS".
- Open Houses:
- Open house information in the Property Description is prohibited.
- Invalid Owner Name:
- The correct owner name is required unless there is a letter on file with NWMLS (attached to listing).
- Invalid Owner Phone:
- The correct owner phone is required unless there is a letter on file with NWMLS (attached to listing).
- Accessibility Features:
- If ANY "Accessibility Features" field is checked, this form must be completed and uploaded.
- Green Certification:
- If ANY "Green Certification" field is checked, this form must be completed and uploaded, in addition the applicable certificate must be attached as supplement type “Green Certification”
- Showing or Offer Restrictions:
- There can be no restrictions to either showings or presenting offers, unless there is a letter on file with NWMLS (attached to listing).
- There can be no restrictions to either showings or presenting offers, unless there is a letter on file with NWMLS (attached to listing).
- Pre-Approvals:
- Requiring a pre-approval by an identified lender is prohibited unless there is a letter on file with NWMLS (attached to listing).
- Third Party Fees:
- Requiring a third party fee is prohibited unless there is a letter on file with NWMLS (attached to listing).
- Undisclosed Address or Unpublished Listings:
- If a seller requires an undisclosed address or unpublished listing, we must have a letter on file with NWMLS (attached to listing)
- Changes Requiring the Customer Complete NW MLS Change Form:
- When any of the below changes are made, the NW MLS requires that the seller also complete the form here: https://homecoin.zendesk.com/hc/article_attachments/19159235692051
- Compensation: Changing the commission offer to agents
- Cancellation: When cancelling a listing.
- Failed Sale Release: When a property was in escrow, but the sale failed and the seller wishes to remove the property from the market.
- Cancellation and Relist:
- Cancellation of a listing and relisting is only permitted when there has been a substantial change in the price of the property; provided, however, in order to cancel and relist, a price increase must be greater than 5% of the highest price of the listing and a price decrease must be greater than 5% of the lowest price of the listing.
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