MFRMLS Rules & Regulations

Article 3.8: Fees and Other Charges

Section 8. Fees and Other Charges:  Fees are set by the MFRMLS Board of Directors to offset the annual costs of operating the service and are subject to change from time to time.  “On-time payment” is defined as "having been received by the close of business on the Due Date at the regional service center or a local service center."  MLS fees are not refundable.

A. Participant Application Fee: An Application Fee of $215.00 will be charged to any shareholder member broker or non-member broker joining as a Participant. 

B. Participant Reinstatement Fee: A Reinstatement Fee of $215.00 will be charged upon reapplication to any Participant suspended or terminated for non-payment of fees or charges or who terminates their membership. All past due invoices must be brought current before reinstatement will be considered.

C. User Application Fee: An Application Fee of $90.00 will be charged to any shareholder user.  This fee doesn’t apply to any Participant paying the Application fee to join.

D. Annual Participation Fee:  An annual Participation Fee is assessed to Participants and non-member (“Thompson broker”) Participants based on the number of licensed salespersons, licensed or certified appraisers and broker salespersons who have access to and use of the Service, whether licensed as a broker, salesperson or a licensed or certified appraiser, and who are employed by, or affiliated as an independent contractor with, the Participant. 

1. Direct User Billing: As a courtesy to Participants, Users licensed with them are billed directly for that portion of the Participant’s Annual Participation Fee attributable to them.  However, Participants are ultimately responsible for payment of the total fee.  

2. Due Date:  Annual Participation Fees are due by close of business on May 15^th each year.  Participants or Users whose payments are received after this date will incur a $50.00 late fee for payments received after the due date.  Any payments received after June 30, will incur an additional $50.00 reactivation fee and MLS and services related to the MLS will be suspended on July 1 until all required payments and late fees, if applicable, are paid.

3.   Suspension of Service to Participants/Users: Participants and/or their Users who fail to pay by the May 15^th Due Date will have their individual services suspended on July 1. The account will remain suspended until their portion of the Participation Fees, Late Fees and reactivation fees are paid.  

4. Termination of Participant: Failure of the Participant to ensure payment of the total Participation Fee and any Late Fees within 45 days after the due date will result in termination of the Participant’s membership and the immediate termination of service for the Participant and all Users in the Participant’s firm, including the Participant and any Users who may have paid their individual portion of the total fee.  Participants terminated for non-payment may regain membership by settling any outstanding fees or charges and paying the Reinstatement Fee shown in Section 8B above.