Tuesday 29 January 2019

REBNY will fine agents $500 to $5,000 for listing violations

In an effort to clean up its listings feed, the Real Estate Board of New York on Monday said it would fine agents between $500 and $5,000 for violating new data-sharing rules. The penalties are part of a new compliance system designed to improve information submitted to REBNY’s residential listing system (RLS), the board said in an email to agents. The new system will “read” all listings entered into the RLS and automatically notify agents […]



source https://therealdeal.com/2019/01/29/rebny-will-fine-agents-500-to-5000-for-listing-violations/

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