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MRIS Compliance Games Event 5: Bonus Event

August 12, 2016  |  by Michelle

The final event of the 2016 MRIS Compliance Games is here! Today’s event consists of miscellaneous bonus questions so everyone gets an extra chance to increase his or her chances of winning! Go for the gold, and finish out strong by playing in this last and final event for the MRIS 2016 Compliance Games. Feel free to “warm up” for... Continue Reading

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MRIS Compliance Games Event 4: On the Internet

August 11, 2016  |  by Michelle

Welcome to Day 4 of the 2016 MRIS Compliance Games! Bravo to all of our “athletes” out there who are working hard this week in our events. Today’s event will test your knowledge of how listing information is sent to the Internet as well as what can be displayed. Make sure you play so you can increase your chances to... Continue Reading

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MRIS Compliance Games 3: Accuracy Counts

August 10, 2016  |  by Michelle

We’re halfway through the MRIS Compliance Games! Today’s event is all about Accuracy. We’ll quiz you about tips and tricks to help keep your listings accurate and up to date. Don’t forget, the more you play the more likely it is for you to win! Participate in this event to qualify to be a Gold, Silver, or Bronze medalist. Also... Continue Reading

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MRIS Compliance Games Event 2: Photos and Videos

August 9, 2016  |  by Michelle

Welcome to day two of the 2016 MRIS Compliance Games! Today’s event asks questions about the Compliance rules regarding photo and video usage when using these to market your listings. To participate in this event, take the quiz below and increase your chance to win a Gift Card or a Summer Fun Gift Pack! Good luck!

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MRIS Compliance Games Event 1: Coming Soon Status

August 8, 2016  |  by Michelle

The MRIS Compliance Games are officially open! Every day this week we will have a different quiz consisting of 5 questions. Answer the quiz for each of the five events to maximize your chance to win. Click here for the official contest rules. Today’s event is the Coming Soon Status Event! Before starting the quiz, be sure to warm up... Continue Reading

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Second MRIS Compliance Games Starts Monday

August 5, 2016  |  by Michelle

Next Monday, MRIS will hold our second Compliance Games event and we invite all MRIS customers to participate! You can take part in our different daily “events” that will ask questions on important compliance topics. Each daily event will consist of five compliance questions focused on a specific topic. Warm up for the games by looking through the MRIS Rules... Continue Reading

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Compliance Tip: Changing listings to SOLD status under TRID

December 1, 2015  |  by Michelle

As a result of the new TRID rules, some agents will not get a copy of the new settlement sheets and/or the purchaser has requested that the mortgage information is not to be entered into MRIS. If you do not have the information for the Loan Type 1st Trust (FHA, Conventional, etc.) and Loan Amount 1st Trust required fields, you... Continue Reading

Coming Soon Real Estate Sign

Days on Market for Listings in Coming Soon Status

March 9, 2015  |  by Michelle

Recently, MRIS has received inquiries on how entering a listing in Coming Soon Status affects the reset of Days on Market Property (DOMP) for a property. The calculation for Days on Market (DOM) and for resetting DOMP for the new status COMING SOON is consistent with the long standing MRIS policy for the calculation of DOM (Days on Market). DOMM... Continue Reading

Equal Housing

Familial Status and Fair Housing Regulations

May 15, 2014  |  by Michelle

Thanks to the new Keystone enhancements, it’s easier to know which remarks fields are for agent remarks and which are for the public. Remember, the Internet/Public Remarks fields appear on Broker IDX sites and syndication sites. This is a form of advertising and must adhere to Federal, State and local Fair Housing regulations. According to HUD, “Advertisements may not state... Continue Reading

Short Sales

Short Sales and Bank of America Policy Statement

February 13, 2013  |  by Michelle

Some Real Estate licensees have received correspondence from Bank of America regarding the entering of Short Sales in the MLS and the marketing of properties. Certain policies proposed by Bank of America violate the MRIS Rules and Regulations and, in certain circumstances, may violate the Code of Ethics and state licensing law. A number of MRIS customers reached out to... Continue Reading

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