Commission to Cooperating Member Broker in the MLS
Specifying the compensation on each listing is necessary, because the cooperating broker has the right to know what their compensation shall be prior to his endeavor to sell. In the MLS you will see that the commission type display is now spelled as Percent or Dollars so that the offer of compensation is clearly displayed.
It is the policy of NOMAR/CID/GSREIN to comply strictly with the antitrust laws. NOMAR/CID/GSREIN will not knowingly permit discussions of individual broker commissions.
2017 NOMAR Board of Directors Election Voting
NOMAR invites you to participate in the voting of your 2017 Board of Directors Election. In order to make it as easy and secure as possible for our members, you may vote online through EZ Vote. This voting system is secure, authenticating you as an eligible voter and verifying that only you can cast your vote.
1,100 REALTORS® are currently in jeopardy of losing REALTOR® status and MLS Access at end of December 2016 for not taking their Quadrennial Code of Ethics.
NAR Requires “Quadrennial Code of Ethics Training” – Cycle IV
Featured CE - Special APPRAISERS ONLY Course
On Wednesday, Nov. 2, please join the Louisiana Real Estate Appraisers Board for a special APPRAISERS ONLY course from 1 - 5 p.m.
Bruce Unangst, Executive Director of the Louisiana Real Estate Appraisers Board, will instruct on regulatory updates and an LREAB staff appraiser will focus on interactive, real world appraiser challenges.
Please call the LREAB at (225) 925-1923 if you have any questions.
2017 Board of Directors Election Social
Join us on Thursday, Oct. 20 at Mellow Mushroom in Metairie, located at 3131 Veterans Blvd., from 4 - 6 p.m. to celebrate the unveiling of our newest Board of Directors members!
Northshore Bowling Party at Tiffany Lanes in Mandeville
On Thursday, Nov. 17, put on your most wicked awesome costume and get ready to listen to all the best jams the 80's had to offer at our 80's prom-themed bowling tournament! Here's the 411 - this tournament will be held at Tiffany Lanes in Mandeville from 1 - 4 p.m. and will benefit the Covington Food Bank.
There will be prizes given out for the most ace costumes - categories to follow. Cost is $125 for teams of four. Buggin' about not having a team? No sweat - individuals can party too, for $15 per person. Mark your calendars today because this party is going to be like, totally bangin'.
Historic House Specialist Seminar for Real Estate Agents
(*Counts toward the PRC Historic House Specialist designation for Real Estate Agents)
Thursday, Nov. 5
If you did not attend our 6th Annual Economic and Real Estate Forecast
Click the link below to get an idea of what you missed.
“If we build it, will they come?” Economists, business leaders find optimism in New Orleans' real estate, hospitality segments
Data Compliance Grace Period
GSREIN will be implementing a new automatic compliance program later this month.
This program will find errors on MLS listings and will automatically send warnings and/ or fines to agents whose listings happen to be in violation of MLS Rules and Regulations.
In an effort to clean up the data errors in the MLS without penalizing the listing agent, we will be implementing a short grace period of two (2) weeks from the date of implementation.
During this time, rather than warnings or fines, the system will be sending courtesy notices to agents whose listings are in violation of MLS Rules and Regulations.
The listing agent will then have until the end of the grace period to correct the error. If the error goes uncorrected during the initial grace period, it will be escalated to a formal warning or a fine.
Should you receive one of these courtesy notices, please correct your errors immediately to ensure that you do not receive a formal warning or fine once the grace period has ended.
Violations on sold listings will be limited to listings that have closed within the last 12 months and violations including Incorrect MLS Area Numbers and Incorrect Sold Information (Sold date, Sold Price, and Selling Agent)
Please check your current listings for these possible mistakes. **Please note violations marked with an * will also be applied to SOLD LISTINGS
1. Current Listing Status
2. *Correct MLS Area Numbers
3. Complete and Accurate Address (including Street Name, Street Type, Zip Code, and City)
4. Accurate Room Sizes
5. Accurate Lot Dimensions
6. Attached Residential Property Disclosure
7. Broker/Agent Sign in Photos (Prohibited)
8. Branded Virtual tours (Prohibited)
9. Public Remarks Violations, including but not limited to: Agent Contact information, Website information, Prohibited Language, etc.
10. *Duplicate sold Listings, including Duplicate Sold Co-Listings
*Accurate Sold Information including but not limited to: Sold Price, Sold Date, and Sold Agent
Diana Earhart, of LATTER & BLUM, INC., passed away on June 27, 2016. Services were held on July 1, 2016. In lieu of flowers, the family requests donations to Trinity Episcopal Chapel or to Poydras Home.
Monthly CE Schedule
ALL CE COURSES for the remainder of the year will cost NOMAR members $5 an hour. In order to view all upcoming CE courses for the remainder of 2016, please view our online calendar and register for the course of your choosing. Online registration is the fastest and easiest way to ensure you are enrolled in the course that fits your needs.
As a reminder, registration is NEVER taken over the phone, but you may use the printable registration forms found on our website to email or fax in your request.
MLS Matrix, Supra and Instanet Support
MLS Matrix Support
For all Matrix support questions contact Matrix Support Reps: