The MLS has identified growing issues in the market related to “bad developers,” including delayed deliveries, unfinished projects, lack of legal structure (such as missing condo regimes), utility problems, and poor communication. These situations create risks for buyers and complications for agents, especially when reselling pre-construction contracts.

To address this, the MLS proposes a proactive solution: a developer rating system (1 to 5 stars) to be implemented in 2026. Rather than labeling developers negatively, the system will promote transparency by evaluating projects based on legality, financial structure, documentation, construction progress, and overall reliability.

Lower-rated developments (1–2 stars) may be restricted or removed from the MLS, while higher-rated ones (3–5 stars) will be considered safer and more marketable. The process will include documentation review, questionnaires, and physical inspections, along with annual updates.

The goal is to protect the integrity of the MLS ecosystem, ensure quality listings, and provide confidence to buyers and agents, while encouraging developers to meet higher standards.