Accurate property taxes are part of accurate listing data.

When a listing price changes in Flexmls, it is important to also review and update the Tax Levy field. Buyers rely on estimated monthly payment information when comparing homes, and outdated tax data can create confusion, inaccurate affordability expectations, and unnecessary questions during the transaction process.

Keeping the Tax Levy field current also helps brokers provide better information to clients and supports overall MLS data integrity. Even when the tax amount has not changed, taking a moment to confirm the information during a price update is a good habit that helps maintain trustworthy and reliable listing data across the marketplace.

As a reminder, SWMLS compliance focuses on data accuracy because complete and current information benefits everyone using the MLS, from brokers and appraisers to buyers and sellers. Small updates like verifying the Tax Levy field help create a stronger, more dependable MLS for the entire membership.

SWMLS Rule 1.18.3 requires that the County Assessor–provided Tax Levy Disclosure be uploaded to the MLS within 24 hours on all Residential and Residential Income listings, based on the current list price (unless the Seller has expressly directed otherwise in writing).