A courtesy letter or email will be sent for placing a “for sale” sign on a property without a listing being entered in the MLS for that property, or instructions to exclude being submitted. If the violation is not corrected within five (5) business days a $250.00 fine shall be assessed. NOTE: If this is the second violation of this policy an automatic fine of $250.00 shall be assessed.
Beginning September 1, 2009 the MLS will be implementing a new status “Auction” (AU). If the property is subject to auction the MLS will accept the following types of Auction Listings: (1) absolute and (2) reserve. All auction listings must be subject to a valid listing agreement; show a list price; offer unconditional cooperative compensation as set forth in the MLS Rules and Regulations and these policies; and provide for agency pursuant to Nevada law during the time the listing appears on the MLS.
If the property is subject to auction the listing must be placed in “AU” Status and all required fields must be completed.
The MLS has implemented a new policy with regards to Vertical (High Rise) properties. Beginning October 1, 2009 the following new policy will be implemented: A courtesy letter or email will be sent if an agent enters a Vertical Listing (High Rise) under the Residential sub type Condo. This property type must be entered into the Vertical Property type only within the MLS. If the violation is not corrected and the Vertical property is not removed from the Condominium property type within Five (5) business days a $250.00 fine shall be assessed. All existing listings will be subject to this new policy as well.
If you feel like you may be in danger of facing foreclosure and need immediate help, call 888-995-HOPE or visit www.995hope.org. Homeowner's HOPE™, a counseling service provided by the Homeownership Preservation Foundation, can work with you to find a solution.
How to Avoid Foreclosures and Keep Your Home(PDF: 1.7Mb) You're not alone if you're having trouble paying your mortgage. The housing boom led to a record homeownership rate of nearly 70 percent, but some home owners now face problems making their mortgage payments and can't refinance their loans. This brochure will help you understand your options and give you tips on how to avoid losing your home--regardless of what kind of mortgage you have. Text-only version available (PDF: 71Kb)
NeighborWorks® America: Find a NeighborWorks® counseling organization in your community Under a partnership with NeighborWorks® America, NAR is a founding sponsor of the NeighborWorks® Center for Homeownership Education and Counseling (NCHEC). NCHEC's mission is to work with industry partners to train, certify, and support home buyer educators and housing counselors nationwide.
ALERT! Do Not Call List. If you are calling sellers from expired listings, be aware of the Do Not Call restrictions-checking the list before calling a seller could save you a serious fine from the Federal Trade Commission. Information is available at www.donotcall.gov.
The GLVAR Technology Hotline is now available for your use. Call 869-HELP (4357) with any question you have regarding software, browsers, hardware, email, Palm Pilot, or any other general computer question you may have and receive an answer immediately.
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