May 4th, 2021

Compliance Reduces Risk

When we work together and follow the rules, we reduce risk, protect one another, and conduct better business. As OneKey™ MLS has recently celebrated its one-year anniversary, I’d like to take the opportunity to review the current rules governing our organization. Generally speaking, reviewing business policies and rules each year is a smart strategy for ensuring best practices, especially as things may have changed in the interim.

We are striving to assist our participants and subscribers in achieving 100% compliance with MLS rules and to reach our goal of ideally issuing zero fines. We are not there yet, and two rules are worth noting in particular. The primary rule violation concerns entering prohibited information in the Public Remarks field (e.g., Contact and Showing Information). The second most common rule violation is the posting of late photos when entering a listing. To help on the path to greater compliance, OneKey™ MLS has prepared a Compliance Checklist that outlines the rules for Listing Input, Listing Maintenance, Showings, and Offer Presentations. This checklist is accessible on the HELP CENTER by clicking here, and I encourage everyone to read closely to ensure their business practices are compliant best practices.

Many of us are busier than ever these days, which is great, but busy times also lend themselves to distraction, forgetfulness, cut corners, and subsequent rule-breaking. Prioritizing compliance in the short-term enables us to promote best business practices and save the pain of penalties in the long run. My advice is to consistently follow the rules, regardless of how busy things get, and discuss any questions that arise with your Broker.

Thank you for taking the time to read this message, and I hope everyone is well!

OneKey™ MLS is pleased to support the REALTOR® community by donating $5,000 to the REALTORS® Relief Foundation. 

The REALTORS® Relief Foundation was established as a REALTOR®-driven response to the events of Sept. 11, 2001 and continues to provide housing-related assistance to those in need following unexpected catastrophes. The REALTORS® Relief Foundation restores and rebuilds communities affected by disasters such as wildfires, hurricanes, earthquakes, and tornadoes. 

Linda Lugo, Chairperson of the Board of Managers for OneKey™ MLS, said, “Playing an active role in supporting the REALTORS® community is very important to our organization. The opportunity to contribute to the REALTORS® Relief Foundation allows us to sensibly and responsibly give back to a charity that helps our neighbors and aligns with a cause we support.”  Lugo added, “We are all REALTORS® and REALTORS® like to help people, so giving to the RRF is a win-win situation.” 

Governor Cuomo Extends State of Emergency, Cold Calling Still Prohibited

Governor Cuomo extended the State of Emergency to May 25, 2021. As a result, licensees are still required to abide by all such guidance, directives and industry phased reopening guidelines that are currently in place.

Licensees are still prohibited from making any cold calls. Real estate licensees may not make any unsolicited phone calls to a member of the public during a State of Emergency. General Business Law §399-z(5)(a) states “It shall be unlawful for any telemarketer doing business in this state to knowingly make an unsolicited telemarketing sales call to any person in a county, city, town or village under a declared state of emergency or disaster emergency as described in sections twenty-four or twenty-eight of the executive law.” All other types of marketing such as mailers, billboards, social media, internet etc., are permitted. You may call a FSBO if you have an identifiable purchaser interested in the property. You are prohibited from calling the FSBO to solicit the listing. You may still perform business to business calls so long as the number you’re calling is the business number provided.

Source:  NYSAR

OneKey™ MLS extends our sincere condolences to the Watertown community and REALTOR® family as we all grieve the loss from last week’s deadly shooting.  

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