NEW CARETS  Data Integrity Standards
Starting June 15, 2009

vs.

OLD MRMLS Data Integrity Policy
April 22, 2002 - June 14, 2009

Primary Photo Required within 5 days

vs.

Primary photo required within 10 days

Reporting of a New Listing, Pending, Sale or Status Change must be updated within 48 Hours

vs.

Reporting of New Listing, Pending, Sale or Status Change must be updated within 72 Hours

Do Not Place any information related to a property’s situation as being a Short Sale, Bank-Owned or REO property, or legally in required statements in Property Description.

vs.

Property description may contain specific terms such as legally required statements. For example. Foreclosure, REO, Short Sale are acceptable terms.

The Violator of the CARETS Data Integrity Policy has within 48 hours to correct inaccurate information following a notification via email to the Violator and/or Responsible Participant

vs.

The Violator is notified by the local Association or Board of REALTORS® to correct inaccurate information.