Rules & Regulations
Some municipalities do not allow exclusion of individuals based on source of income*. To comply withthese ordinances, MRED does not allow Section 8 exclusio...
Thu, 12 May, 2022 at 3:50 PM
The co-op compensation field is locked and auto-populated when “Net” is selected as the payout. You can enter your co-op compensation in the Broker Private ...
Fri, 5 Mar, 2021 at 10:39 AM
While secondary photos may not be removed from the MLS, a Listing Broker may choose to have an off-market listing’s secondary photos (but not primary photos...
Sat, 9 May, 2020 at 11:23 AM
You can email a photo that includes the sign, the agent’s name, and the property’s street address to rules.regs@mredllc.com. Your information will be kept a...
Wed, 22 Jan, 2020 at 2:44 PM
Walkout basements provide an exit at grade level with no steps up. Exterior access means there are steps to walk up to get to grade level.
Wed, 22 Jan, 2020 at 2:43 PM
No. Packages of listings that are not available for individual purchase, such as investor portfolios, may not be entered into connectMLS. This is becaus...
Wed, 19 Jun, 2019 at 4:12 PM
MRED’s rules allow you to cancel and re-list a listing if you have a new or modified listing agreement. However, you should also check with your managing br...
Mon, 3 Jun, 2019 at 4:52 PM
No; rooms must be categorized as what they currently are. For example, you may not list a loft as a bedroom, even if the seller is willing to put up a wall...
Mon, 3 Jun, 2019 at 4:48 PM
A real estate sales contract is considered executed once the sales contract and all addendums have been signed and dated. The date the signatures are made i...
Mon, 3 Jun, 2019 at 4:47 PM
No; MRED does not require this disclosure when marketing the listing. This is a marketing decision between the listing broker and the bank. However, the ...
Mon, 3 Jun, 2019 at 4:45 PM