PARTICIPATION FEE/NEW OFFICE/ACTIVATION AGREEMENT
AT LARGE BROKER PARTICIPANT
This agreement is made on _______________________, 20______between the PARTICIPANT and Stellar Multiple Listing Service.
Annual Participation Fee $_____
New Member Setup $25 (this fee will also apply for salespersons reinstating after 1 full billing cycle)
New Company Processing Fee $250 (this fee will also apply for brokers reinstating after 1 full billing cycle)
Member Reactivation Fee $125 (this fee will apply to members who have been inactive for less than 1 full billing cycle The
access issued to each Participant or Subscriber is unique and strictly confidential to that person. Authorized Participant
/Subscriber agrees that should a disclosure of account information result in access by an unauthorized third party, Authorized
Participant, /Subscriber may be subject to penalties as follows:
1) A fine of up to $15,000 (as determined by the Board of Directors) for each occurrence will be assessed against any
Participant/Subscriber found to have allowed or provided access to the Stellar MLS system by an unauthorized
person.
2) Permanent revocation of on-line access rights for the second instance.
In compliance with Stellar MLS Rules and Regulations, this Agreement provides for the Participant/Subscriber as a primary or
secondary member, to gain immediate access to the MLS and Public Record database for use in listing, searching and retrieving the
data contained therein. This right is contingent upon the PARTICIPANT/SUBSCRIBER completing the required training course
within the 60-day period allowed. Failure to do so will result in suspension of the right to access the MLS database. The
Participant/Subscriber agrees to comply with Stellar MLS Rules and Regulations. Any other use, reuse, or resale of this data is
prohibited. The term of this Agreement shall commence upon initiation of service to the Participant/Subscriber. The Agreement is not
assignable. The Participant/Subscriber hereby indemnifies the Service and any Reciprocal Service and agrees to hold harmless
from and against all claims, losses, damages, costs and expenses of any kind, including attorney’s fees, and from liability to any person
arising from a Participant/Subscriber.
Definition of MLS Participant. Any REALTOR® of any other Association/Board or any non-Realtor® who is a principal, partner,
corporate officer, or branch office manager acting on behalf of a principal, without further qualification, except as otherwise stipulated in
these rules, shall be eligible to participate in Stellar MLS upon agreeing in writing to conform to the Rules and Regulations thereof and
to pay the costs incidental thereto. However, under no circumstances is any individual or firm, regardless of membership status,
entitled to Multiple Listing Service “membership” or “participation” unless they hold a current, valid real estate broker’s license and offer
or accept cooperation and compensation to and from other Participants or are licensed or certified by an appropriate state regulatory
agency to engage in the appraisal of real property.
** Use of information developed by or published by Stellar MLS is strictly limited to the activities authorized under a Participant’s
licensure(s) or certification and unauthorized use is prohibited. Further, none of the foregoing is intended to convey “participation” or
“membership” or any right of access to information developed by or published by a Board Multiple Listing Service where access to such
information is prohibited by law.
COMPANY / PARTICIPANT INFORMATION
NEW (or current) Office/Company Name: _____________________________________________Firm#:_______________________________
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OLD Office/Company Name: _____________________________________________Firm#:_________________________________________
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Your Name: ____________________________________________________________ Member#:____________________________________
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Attention Participant/Subscriber: MLS participation fees are paid by the authorized user directly to Stellar MLS,247 Maitland
Ave, Suite 2000, Altamonte Springs FL, 32701. Due date is May 15 (annual). Penalties will apply to all payments not received
by 5:00 P.M. The Principal Broker is ultimately responsible for the payment of all fees for participating licenses in his/her company.
NOTE: MLS FEES OR PRO-RATED MLS FEES ARE NOT REFUNDABLE. Initial_____
**SIGNATURE: _________________________________________________________________________________________
***SIGNATURE REQUIRED STATING YOU AGREE TO THE ABOVE TERMS***
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