COMPLIANCE 

Failure to properly report a listing status change to Heartland MLS shall result in a $50.00 fine.  These changes and the time limits for reporting are as follows:

Contingent Contract on file = 1 day 

Show for Backup = 1 day

Pending sales = 1 day     

Closing of a sale = 10 day  

Back on Market (Active) = 1 day   

Extension of listing = 1 day   

Cancellation of pending listing = 1 day 

Cancellation of a listing agreement = 1 day

Temporarily Off Market  = 1 day

Withdrawal of a listing  = 1 day

Price Change = 1 day 

Yes a form has to be done when and status changes are needed 

NO!!! you can not MARKET a property till the actual effective date 

It is required for any lsitings  

it is only required if you are doing cash purchase 

SECTION 1.1.1 – CLEAR COOPERATION POLICY Within One Business Day of marketing a property to the public, the listing broker must submit the listing to the MLS for cooperation with other MLS participants. Public marketing includes, but is not limited to, flyers displayed in windows, yard signs, digital marketing on public facing websites, brokerage website displays (including IDX and VOW), digital communications marketing (email blasts), multi-brokerage listing sharing networks, and applications available to the general public.  (General Note:  Social Media is Included in the Applications available to the General Public)