SWMLS Compliance Report: September

Each month the Southwest Multiple Listing Service (SWMLS) Compliance Department compiles a monthly report of compliance issues and violations.

Take a look below at a summary of the compliance report for September.  You'll notice that the top two compliance issues both deal directly with proper listing maintanence.  To ensure that customers, clients, appraisers, and REALTORS® are receiving accurate and timely listing information, it's important that you keep your listings up-to-date and properly maintained.

September Compliance Report Summary

  • Total Number of Agent notices sent in September: 1,063 (up 77.46 % from September 2012)
  • Total Number of notices reported by SWMLS users: 133 (13%)    
  • Total Number of Fines issued in September: 89

Top 5 Compliance Issues:

  1. Pending past the estimated selling date (619 warnings)
  2. Missing the Lead Paint Addendum (143 warnings)
  3. Reporting a pending sale more than 48 hours after the pending date has occurred
  4. Contact information displayed in the Public Remarks section of a listing
  5. Missing photos or legible yard signs in photos