Property Description Violations: The only text that can be entered into the Property Description field is the physical description of the property and/or sale terms like Foreclosure, Short Sale and Bank Owned.
Do not enter the following in the Property Description field:
Contact Information
Open House Information
The word "Vacant"
Commission Violations: You cannot enter an offer of compensation that is based on the net sales price.
Do not enter anything that can be seen as a Conditional Offer of Compensation in either the Property Description or Agent Remarks fields. Common mistakes include phrases similar to the following:
"APPROVAL, OF AN OFFER SUBJECT TO BANK'S APPROVAL. COMMISSION TO BE VARIABLE AND TO BE SPLIT EQUALLY ON 6% OR LESS."
"Commission & sale price subject to bank approval. Commission to be split 50/50 between selling office and listing office."
"All Terms, including brokers commission, subject to lender's approval."
Note: Language similar to the above can be used for Short Sales only. Contact your Association/Board for exact wording.
No Photo Violations: A photo of the exterior of the structure must be included in the listing.
Do not wait! Add a photo of the exterior of the structure when you enter the listing or very soon thereafter. The listing must have a photo within
ten days.
Incorrect Information Violations: To the best of your knowledge all information in the listing must be correct and true. Common mistakes include incorrect APN# or Area#.
Crosscheck the APN (Assessor's Parcel Number) with Realist Tax to make sure you have the correct APN for the property.
Make sure you list the property in the correct marketing area. Do not enter a nearby area that is more desirable just to get more exposure.