RAHB Rule and Regulation, Section 10 Advertising – 10.03
All RAHB members must comply with all City Bylaws when placing signs on properties. As each Municipality has their own specific times and locations, this amendment clearly outlines that all signs placed on properties must comply with all Municipal and Provincial sign legislation.
10.03 Signs giving notice of sale, rent, lease, development, exchange or open house shall not be placed on any property by more than one Brokerage, unless authorized by the Seller. Signs may only be erected on locations that conform with municipal and provincial sign legislation, all applicable laws, regulations, codes and bylaws. A Member shall not interfere with another Brokerage’s sign, unless such property is subsequently listed by said Member.
If a written complaint is received by RAHB, it is forwarded to the Professional Standards Committee for an investigation. Following an investigation by the Professional Standards Committee, the matter may be forwarded to a Discipline Hearing Panel. At a Discipline Hearing, the member may be fined a financial penalty for non-compliance of RAHB MLS® Rules and Regulations.
RAHB’s MLS® Marketing Options Policies
Some general housekeeping changes were made to RAHB’s MLS® Marketing Options Policies #1 and #8 as shown below:
- Members may list:
- A property on the MLS® system on as up to 5 different property information forms types with only one contract being required; the appropriate listing fee for each Property Information Form will apply; or
- Members may list a commercial property on multiple Commercial Property Information Forms with only one contract required provided each form has a different “Commercial Property Type” selected.
- Multiple Contracts and PIF’s Single Property; when a Sale is being reported on a listing, all additional listings must be cancelled by way of a Cancellation of Listing Agreement signed by the Seller and Broker. The cancellation must be received by RAHB processed the same day as the report of sale or a $100 fine will be levied to the member for each listing. This includes listings offered for sale and lease.
Should you have any questions, please contact the MLS® Help desk at 905.667.4650 or [email protected]
#8. For clarification: If I list a farm/acreage property on a residential form & a farm form, to get the broadest coverage for the sellers, then report the sale on the residential listing I have to cancel the farm listing? If that’s the case when agents are searching Farm/acreage sales & they don’t think to check the residential listings for any sales, they’ll miss what could be a significant comparable & vice versa if it was reported as a farm listing. I don’t see the harm in having the sale price reported in as many areas as you have listings.
Hi Bob,
The MLS® department would like to thank you for your comment and want to let you know they are currently working on this specific scenario. More information about this will be released shortly.
I agree with Bob and i find it frustrating that I have to search farm property info in residential
I too agree with Bob.
Agree with Bob Veevers.
I agree with Bob