Membership Application – REALTOR®
Revised 06/2019 Page 4 of 7
Englewood Area Board of REALTORS
®
Stellar MLS SERVICE
BROKER PARTICIPATION AGREEMENT
This
agreement is made between the PARTICIPANT or SUBSCRIBER and Stellar MLS.
Annual Participation Fee (see page one of application)
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 online 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.
SUBSCRIBER/COMPANY INFORMATION:
Your Name: ______________________________________ Real Estate License # ___________________
(Please Print)
Office/Company Name: ______________________________________________________________________
(Please Print)
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 NONREFUNDABLE. Initial _____