LE A D E RSH I P RE S OU R CE S
POLICIES
GOLDEN EMPIRE MULTIPLE LISTING (GEMLS) FINANCIAL MANAGEMENT Managing the financial affairs of the Golden Empire Multiple Listing Service, Inc., requires prudent management, proving maximum protection to members’ money within established guidelines.
(11/06) No charge for data entry of comp only listings.
$250 annually for such services. Contract revocable at any time.
(11/06) Each office shall be allocated one (1) clerical access to MLS for every 15 agents at no charge to Broker. A $25 charge for will assessed for any additional clerical access requests.
(10/06) Budget expenditure limit of $2500 not requiring Board of Directors approval.
(9/05) Increase MLS Admission Fee for R.E. Broker to $1000 effective January 1, 2006
(11/06) Bill for CUA’s directly to agents (Broker’s approval required). $25 set-up fee, with $12/mo. access fee. Clerical users must register with Association.
(9/05) Effective January 1, 2006, MLS fees to be billed in advance. On-line billing now available.
(11/06) Offices will be turned off for nonpayment of MLS fees by broker.
(6/09) Pension Plan: GEMLS/ Association BOD concurred assuming responsibility for the Newport Group fees associated with the employees 401K Pension Plan, according to their established proportionate share (65% GEMLS/Assoc. 35%). Wealth Target Management fees to continue to be the responsibility of participating employees.
(11/05) Gary Crabtree’s MLS fees waived in return for providing Statistical Market Report
(11/06) Third party vendors requesting virtual media bulk upload service will be assessed
(1/10) Assessment of yearly MLS administrative services fee of $150 for cooperative key
(6/05) Assessor’s agreement to be in two year increments, From July to June at $6,500/yr.
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BAKERSFIELD ASSOCIATION OF REALTORS®
