GAMLS
Maximum One is a
member of GAMLS and you are required to enter your listings into GAMLS along
with FMLS.
Listing Rules
The Data Administration department is responsible for helping you maintain accurate and timely information on your listings. Most policies fall into one of three broad categories:General Listing Policies;
All residential listings must be entered into the system within two business days.- Any Exclusive Right to Sell residential listing (i.e. single family detached, single family attached and multifamily properties) is required to be entered into the listing database within 48 hours after obtaining the necessary signatures. Other types of exclusive listings (e.g. commercial, land/lot) are optional but must be maintained according to Georgia MLS policy once entered.
- Any change to the original listing agreement, the listed price or the status must be reflected in the database within 24 hours of the broker's receipt of the seller's authorization.
- When an agent or broker enters listing information into the database, the information must be correct and timely.
Fees and Fines:
Withdrawal Fee - Any listing that is withdrawn prior to the expiration date is subject to a $25 withdrawal fee. If the seller is foreclosed upon, the usual withdrawal fee is waived when proof of foreclosure is provided. If the broker is unable to obtain proof of foreclosure, Georgia MLS will credit a withdrawal fee when proof is later submitted.Compliance Fines - Any violation of Georgia MLS policy regarding listings is subject to a $25 fine. An additional $5 fine is issued daily until the violation is resolved.
Listing Status:
A change in the status of a listing should be made on the system, or through Georgia MLS for withdrawn listings, no later than 24 hours (excepting weekends, holidays and postal holidays) after the change is agreed to by the broker and seller, and the proper documentation is signed.Status Descriptions:
|
MARKET CODE - AVAILABLE (A)
|
MARKET CODE - OFF MARKET (O)
|
|
A - Active
N - New (lasts 14 days) R - Reduced (lasts 7 days) I - Increased (lasts 3 days) E - Extended (lasts 3 days) B - Back on Market (lasts 3 days) CK - Contingent with Kickout Clause PA - Pending seller approval of contract |
U - Under Contract
LP - Lease Purchase X - Expired S - Sold WD - Withdrawn RL - Rented/Leased* RU - Rental Unavailable* * - Rental properties only |
Projected Closing Date (PCD) Policy:
When a listing is placed under contract (U), pending approval (PA), under contingency with a kick-out clause (CK) or under lease-purchase (LP), the system will require the user to select a projected closing date (PCD) before it will save the status change. The PCD will serve as a reminder to the agent to update the listing. As the selected date approaches, Georgia MLS will automatically send reminders, in the form of faxes and emails, to update the listing. To successfully correct the PCD issue, the user must update the status or extend the PCD. If the listing has not been updated properly two days after the PCD, it is subject to fines.Property Type Classification:
All listings must be classified according to the following definitions. All listings that are incorrectly classified should be withdrawn and re-listed in the correct property type to avoid a fine. The usual withdrawal fee is waived for wrong property types.**Properties may only be listed in multiple categories in the specific cases indicated below.
|
Property Type
|
Definition
|
|
Single Family Detached Residence (SFD)
|
A property that is a free standing home, not attached to
any other building. This includes traditional single-family homes, cluster
homes, and mobile homes that include land. The bare minimum criterion for an
SFD listing is a set foundation.
|
|
Single Family Attached Residence (SFA)
|
A property that is physically attached to another home, in
any manner. This category includes single units in condominium complexes,
high-rises, duplex and multi-plex properties, as well as townhomes. This
category replaces the former condo/townhome category (CT).
|
|
Multi-family (MF)
|
A property that includes two or more attached units but is
for sale as a whole unit.
|
|
Lot/Land (LL)
|
A parcel of land fully developed and ready for
construction. Once a foundation has been set, the property should be listed
as either single family or commercial.
|
|
Commercial for Sale (CM)
|
A property that is zoned for business purposes and
commercial income. Commercial listings must include sale of the land; business
opportunities that do not include real estate are not eligible for listing in
the service.
|
|
Acreage and Farms (AF)
|
A large tract of land that has not been subdivided and is
available for sale as a whole.
|
|
Rental Residential (RR)
|
A single family residence or condo/townhouse unit that is
available for lease.
|
|
Rental Commercial (RC)
|
A property zoned for business purposes that is available
for lease.
|
Duplicate Listings
Multiple listings for a single property are not allowed, with the possible exceptions indicated below. If a property has multiple listings, the extra listings must be withdrawn so that only a single listing exists. If the extra listings are not withdrawn in a timely manner, the listing broker may be subject to compliance fines.Exceptions - Georgia MLS allows duplicate listings in a single property only if the listings clearly offer different acreages at different list prices. Combinations of active listings in different categories are allowed in the following cases:
- Single Family Detached (SFD) and Acreage and Farms (AF)
- Single Family Detached (SFD) and Rental Residential (RR)
- Single Family Attached (SFA) and Rental Residential (RR)
- Commercial for Sale (CM) and Commercial Rental (CR)
Remarks Violations
Certain content in the public remarks (lines 1-3) is prohibited. Although Georgia MLS reserves the right to disallow any content deemed inappropriate, the following categories represent the most common offenses:- Contact Information (websites, email, phone, fax address, etc.)
- Remarks Indicating a listing is unavailable (do not show, unavailable, rented, etc.)
- Details of Compensation to Agent/Broker (commission, incentive, bonus, etc.)
