CVR MLS Rule Changes Log
October 2023:
- Global change to rules to support a minimum compensation offer from $1 to $0
- Section 1.3 - Purpose
- Section 2 - Definitions
- Section 5.1.2 – Coming Soon Status
- Section 5.13 – Compensation
- Section 5.31 – Auction Properties
- Article 6 – Cooperative Compensation
- Section 6.1 – Cooperating Participant Compensation
- Section 6.3 – Forms of Compensation
- Section 6.6 – reference to Additional Properties
July 2023:
- Section 4.13 – Use of MLS Information. Sets forth the parameters for use of MLS data and requires disclosure of a specific timeline for referenced data.
- Section 5.9.1 – No new language. Specifically sets out the NAR mandated Clear Cooperation Policy.
- Article 6 – References new Appendix C regarding Arbitration Policy Statement
- Appendix C – New, CVR MLS Arbitration Policy Statement
January 2023:
- Section 5.6.2 – clarification on requirements for square footage substantiation for resale properties.
- Section 5.32 – Co-exclusive Listings. Expands allowable co-exclusive listings to include agents of the same firm, even if one of the agents is not a Virginia CoOp MLS User.
- Section 7.1 – clarification language on requirements to follow MLS showing instructions
- Section 11.2.10 – Co-mingling of Listings.
May 2022:
- Revisions to Article 12 – SentriLock Loxbox Service Authorized User Rules. Updating rules to reflect SentriLock user’s obligations of care.
- Section 12.2.2 – Authorization of Use
- Section 12.2.12 – Costs and Fees
- Section 12.2.13 – Resale, Return and Transfer of Lockboxes
- Section 12.2.14 – Proper Use of Lockbox System
- Sunset of progressive fines for late listing submission
March 2022:
- Section 4.12 – Services Advertised as Free: Mandatory NAR language prohibiting agents form advertising services as free unless they will receive no compensation for their services from any source.
- Section 5.4 – Seller Authorization and Forms: Clarification language that an active, written listing agreement is required to enter a listing in the MLS.
- Section 5.6.3 – Property Address: Mandatory NAR language requiring a property address (or PID when an address does not exist) on a listing.
- Section 7.6 – Right of Listing Participant in Presentation of Counter-Offer: Mirrors new COE language which allows listing broker to request written confirmation that a counter-offer has been presented to buyer/purchaser/tenant.
- Section 9.5 – Multiple Violation: Clarification language regarding discipline a Compliance Panel may impose.
- Section 10.12 – VOW Criteria for Excluding Listings: Removes cooperative compensation as an exclusion criteria.
- Section 10.15 – VOW Restricted Information:
- Renumbered to match NAR mandatory language
- Removed compensation fields as restricted fields
- Section 11.2.4 – IDX Criteria for Excluding Listings: Redefines criteria for excluded listings.
- Section 11.2.7 – Renamed to Disclosure of a Brokerage Firm : Section redefined and language moved to other sections for better clarification and reference.
- Section 11.3.1 – IDX Restricted Content: Language moved from 11.2.7 and reorganized to mirror NAR mandatory language.
- Section 11.3.3 – IDX Listing Firm Identification: (Deferred implementation by NAR until 9/1/2022) Mandatory NAR language added requiring contact information (email or phone number) for listing firm as provided by the listing participant, to be added to IDX display.
- Section 11.3.5 – IDX Required Disclaimers –
- Language from 11.2.7 moved for easier reference
- Mandatory disclosure language added for displayed offers of compensation.
- Section 11.3.7 – Restricted Listings: Moved to 11.3.1
April 2021:
- Section 4.7 - Listing Compliance: Revised to reflect mandatory NAR language regarding submission of listing data accuracy.
- Section 4.11 – Fair Housing: Revised to reflect mandatory NAR language regarding reporting process for any potential fair housing violations in listing data
- Article 9 - Compliance and Enforcement Procedures: Revised to reflect mandatory NAR language.
- Section 9.3 - Authority to Impose Sanctions: Revised to reflect mandatory NAR language regarding sanctions for compliance violations.
- Section 9.4 - Notice of Violation: Revised to include NAR mandatory compliance process for multiple violations
- Section 9.5 - Multiple Violations: Revised to include NAR mandatory compliance process for multiple violations
- Section 9.6 - Notice of Fine: Revisions to accommodate new NAR multiple violations process.
- Section 9.7 - Violation Review Hearings: Revised to reflect mandatory NAR language.
January 2021:
- Article 2 - Definitions Added a Sold Non-MLS definition
- Section 3.6 – CVR MLS Forms: Defining Standard Forms and Prohibited Use of CVR MLS copyrighted forms
- Section 5.6 – Incomplete/Inaccurate Information: Requirement of documentation for non-tax or non-jurisdictional sources, specifically addressing square footage
- Section 5.6.2 – Identification of Square Footage Source: Specifically addresses documentation required when use of square footage sources other than tax data
- Section 5.29(c) – Duplicate Listings: Allowing new construction listings to enter duplicate listings for single family and lot/land
- Section 5.37 – Sold Non-MLS Listings: Parameters for Sold Non-MLS listings.
- Article 16 - Clarification language to include appraisal reports as statistical reports
- GLOBAL - Change from MATRIX to CVR MLS or MLS System
April 2020:
- Article 2 - Definitions: Public Marketing added
- Section 5.1 – Listings Subject to CVR MLS Rules and Regs: Listing submission language updated to confirm to NAR’s Clear Cooperation rule
- Section 5.9 - Office Exclusive: Addition of NAR mandatory Clear Cooperation language
January 2020:
- Article 2 – Definitions: Updates and clarifications
- Section 4.6 – Password Use: Updated for Clareity release
- Section 5.1 – Listings Subject to CVR MLS Rules and Regs
- Clarification language
- Progressive fine imposed for late listing submission to align with 5.9 Clear Cooperation Language
- Section 5.1.2 – Coming Soon: Removed restriction on advertising; clarified language
- Section 5.7.2 – Adjacent Lots: Clarification language
- Section 5.8 – Virtual Tours, Photos: Clarification language
- Section 5.9 – Office Exclusive: Addition of NAR mandatory Clear Cooperation language; imposition of progressive fine
- Section 5.10 – Delayed Showing: Clarifying language on what constitutes a violation
- Section 5.14 – Listing Price Specified: Clarification language
- Section 5.23 – Listing Changes: Clarification language
- Section 5.29 – Listing Duplication: Clarification language
- Section 5.30 – New Construction: Clarification language
- Section 5.31 – Auction Properties: Clarification language
- Section 7.13 – Reporting Cancellation of Sales: Clarification language
- Section 9.4 – Notice of Violation: Clarification language
- Section 9.6.1 – MLS Fine Waiver: Road Rules class waiver
- Section 12.2.3 – User Restrictions: Clarification Language
- Sections 12.2.8 and 12.2.13 – Lockbox: Audit language/return request
- Sections 12.2.14 - Clarification on what constitutes a violation
- Article 16 - NAR required language
- Fine Chart - Updated with fine language and frequent fines
- Global - Withdrawn to Temp Withdrawn
- Global - Vendor to Technology Provider
June 2019:
- Section 5.9 – clarified process for Office Exclusive, Exempt or Delayed Entry listings
- Section 5.26 – Repealed
- Section 5.30 – expanded rules for new construction listings to align with new construction sales process.
- Section 12 – updated for SentriLock conversion
- Global change to change lockbox references to SentriLock
- Appendix B – updated to clarify above rules changes