As a Broker, it is important to understand CBOR MLS Dues Billing Policies

IMPORTANT DATES!

Keep in mind that a Broker is ultimately responsible for unpaid MLS Dues on behalf of their agents:

1st Business Day of the Month
- All MLS Participants & Subscribers will receive their emailed monthly invoice and automatic payment will occur on this same date with the form of payment on file.
2nd Business Day of the Month
- If there is a payment failure on the 1st Business Day of the month, CBOR Staff will contact any Agents and their Brokers to inform them of this payment failure on their accounts.
10th of the Month
- Failure to produce sufficient payment by 5:00 p.m. on the 10th of the month, or next business day should it fall on a weekend or holiday, will result in automatic suspension of that individual Participant or Subscriber’s MLS services. MLS Services will be reinstated when successful payment is received by CBOR.
  
  If payment has not been made by 5:00 p.m. on the 10th of the month, or next business day should it fall on a weekend or holiday, the individual Participant or Subscriber will be assessed a late fee of $100.00.
20th of the Month
- If by the 20th of the month, payment has not been fulfilled, the full amount owed will become the responsibility of that Subscriber’s Participant. If the Participant fails to pay their Subscribers’ outstanding Monthly MLS Dues balance by 5:00 p.m. on the 26th of the month, MLS services will be suspended for all Subscribers within the firm until payment is received.
26th of the Month
- If the outstanding MLS Dues balance is not paid by the 26th of the month, electronic notice shall be given to the Participant and all Subscribers in the office that MLS services will terminate on the last Business Day of the month.
Last Business Day of the Month
- If the outstanding MLS Dues balance is still not paid by the last business day of the month, access to CBOR MLS services will be suspended for the Participant and each Subscriber who has access to and use of the service, whether licensed as a broker, sales licensee, or licensed or certified appraiser who is employed by or affiliated as an independent contractor with such Participant in the office.

Brokerages paying on behalf of select agents/staff on a monthly basis will have the option to place a payment method on file for those individuals' Monthly MLS dues. If this set up occurs, the payment method on file will be charged separately for the individual members' Dues, not one bulk charge.

Additionally, if a brokerage wishes to pay an individual's outstanding monthly balance to avoid late fees and/or MLS service suspension, the Brokerage will have the option to do so manually via the CBOR Member Portal at any time, for any of their agents.

CBOR Member Portal

Members joining CBOR will be required to configure their Monthly MLS Dues autopayment profile upon joining the MLS.

However, it is important for Brokers to be familiar with the CBOR Member Portal and how to manage/update autopayment profiles, when necessary.