Do Real Estate Agent's Have to Put a Property's Construction in the MLS Listing in FLorida?

By
Real Estate Agent with Advanced Realty Services, Inc

Hello Folks,

I am wondering if Real Estate Agents, in the State of Florida, HAVE to fill in the Construction Bucket in the MLS Listing, with the type of construction the Listed Property is made of,  for example, if the property is a Frame House, can the Real Estate Agent INTENTIONALLY NOT PUT THAT INFORMATION into the Listing, such that that Bucket has no information displayed?

It would seem to me that the Real Estate Agent would fear a LAW SUIT for not disclosing something as important as that!

Would the Responsibility be on the Agent, on the Broker, or on the DBPR, or on the local Association of Realtors, or the MLS Service? 

Some people say that the Construction Material is very important regarding the cost of Insurance.

Some say that the discount on Frame Constructed Properties is close to 10% off of CBS homes.

Some say that CBS homes are Code Compliant with the new Building Code, even though the property was built before the new Building Code.

 I am just posting this to the RE Opinions section.

I, myself, would be afraid to have a Listing on the MLS that did not state the material that the property was made of. Yet, I see sooo many Listings with out the information!

How do they get away with it?

I look forward to your responses.

Comments (1)

Vickie Nagy
Coldwell Banker Residential Real Estate - Palm Springs, CA
Vickie Jean the Palm Springs Condo Queen

I left the Florida market in December. The differential between frame and CBS was much more than 10% on my market area of Vero Beach.

Jul 07, 2008 05:34 PM