Range Priced Listings
(Article 3.7-Q)
For failure to advertise a Range Priced Listing correctly. The property must be marked as “range priced” in the appropriate block of the MLS data form and the range in which the seller will consider offers must be stated in the first line of the Public Remarks as follows: “Range Priced - Seller will consider offer between X (insert dollar amount) and Y (insert dollar amount), with Y being considered full list price. The list price must be the high price shown in the range and low price is the low price shown in the range.
Violations of Subsections R-U are considered to have the most serious effect on overall database accuracy and are automatic in the amounts indicated with no courtesy notification or five-business day grace period for correction:
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