2020 is finally over! Now that we’re in 2021, it’s time to recap our top 10 violations from last year. In 2020 we had a grand total of 9,235 violations, see last year’s report here. Self-Reported items outrank all violations, they do not carry fines.
Self-Reported errors dominate yet, subscribers have the ability to self-correct these errors without contacting ARMLS. Agents should fix these errors rather than self-report for ARMLS to fix. It’s faster and thus leads to better, cleaner data. Each of the errors below can be fixed by the agent up to 7 days after closing:
|TOP SELF-REPORTED ERRORS||Total|
|Closed to Pending/UCB/CCBS Status||4174|
|Selling Agent or Co-Selling Agent||1804|
|Closing Info (NOT sold price)||1335|
|Closed to Active||303|
And now the more traditional list:
|TOP VIOLATIONS OF 2020|
|1||Sold Price Incorrect||Penalty||1275|
|2||Assessor’s Number Incorrect||Non-Penalty||1089|
|3||Contact Information on Media||Penalty||902|
|5||Contact Info in a Public Field||Penalty||587|
|6||Closing Info (COE, Loan Type, etc)||Non-Penalty||526|
|7||Open House or Showing Information||Penalty||497|
|8||Special Listing Conditions||Non-Penalty||393|
You’ll notice that some of these violations incur a penalty, and some don’t. The Online Rules Course breaks down the difference between penalty vs. non penalty violations and how you can avoid both.
Do you have information on rules andregulations for Coming Soon status?
Hi Bob, this post is a great place to learn more: https://armls.com/ultimate-guide-to-the-coming-soon-status. Of course, all ARMLS rules can be found here: https://armls.com/docs/armls-rules-regulations.pdf