RMLS™ Waiver Changes Begin Monday

CMAThe RMLS™ Board of Directors recently approved a set of changes to the waiver system, recommended by a Waiver Task Force.

What is a Waiver?

When a principal broker joins RMLS™, all office licensees are also expected to become dues-paying subscribers.

A variety of circumstances may necessitate a request to waive these dues. A licensee may act solely as a personal assistant. Other licensees may oversee property management inside a realty office. A broker may fall ill and need to take time off due to their illness, or stop practicing for another reason. These situations are all common waiver requests.

What is Changing?

RMLS™ is required to give written notice to subscribers about rules changes. Beginning Monday, May 13, 2013, the following changes will take place:

  • Individuals on waiver may not have their name or contact information included on any promotional material for any active listing on RMLSweb.
  • The minimum time period for a waiver request will be six months, with the exception of an illness waiver, which will be three months.
  • A $250 fee for violation of the terms and conditions of the waiver will be applied to participants (principal brokers) as well as the licensee on waiver.
  • If a licensed personal assistant is found to be in violation, they will be charged back dues for full access, not to exceed one year.
  • The “other” category will be removed, and a “Property Management” category will take its place.

Need to know more? Read the redlined waiver document. Click the links to apply for an RMLS™ waiver as a new subscriber, or apply for an RMLS™ waiver as an existing subscriber.