MLS IN HOUSTON: MANDATORY SECRET SALES PRICE DISCLOSURE Responding to reports that home sales prices have been systematically omitted from MLS records in Dallas, a few Houston Realtors tell the Chronicle‘s Nancy Sarnoff that sort of thing can’t happen here: “. . . after a house sells, the price is supposed to be recorded on the Multiple Listing Service by the real estate broker who sold it — a practice that’s hard to get around, in Houston, at least. That’s because agents are bound by MLS rules to report the price or face a $250 fine and possible suspension. ‘If the seller doesn’t want their sales price reported, then they can’t list it in the MLS,’ said Shawn Dauphine of the Houston Association of Realtors, which runs the MLS — a database of listings of homes on the market and those that have sold. Members of the association have access to price data, but the public does not. . . . Over the last 12 months, just three agents in this area were fined for not reporting sale price. The problem is more severe in Dallas because the group that runs the MLS there has an exception in its rules that allows the seller’s agent to report the last known list price in lieu of the sales price, Dauphine said.” [Houston Chronicle; previously on Swamplot]