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Compliance Blog: Extensions

When a Connecticut real estate listing expires, CTMLS gives a three (3) day window for a Participant / Subscriber to edit the listing and extend it out, providing they have the proper signed paperwork from the seller. This three (3) day window also applies to seller(s) dated signature(s) on this extension form. Meaning the seller(s) must sign and date the extension no later than three days from the listing expiration date. Extensions dated later than three days of the listing expiration date will not be accepted by CTMLS. However, if the seller signs and dates the extension within the three (3) days, but for whatever reason, does not give it to the Participant / Subscriber in time, it becomes a Continue Reading

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Twelve Days of Tips and Tricks (Day 10)

Did you know we’re on Facebook? Like our page here. On the first day of tips and tricks my MLS gave to me, a mobile search in Kurio. On the second day of tips and tricks my MLS gave to me, two ways of searching. On the third day of tips and tricks my MLS gave to me, three links to Realist. On the fourth day of tips and tricks my MLS gave to me, four sites worth viewing. On the fifth day of tips and tricks my MLS gave to me, five social sites. On the sixth day of tips and tricks my MLS gave to me, six time savers. On the seventh day of tips and tricks my Continue Reading

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What Listing Status Should I Use?

What’s the difference between the NEW status and the ACTIVE status when entering a listing into MLXchange? Is there a difference between SHOW and and DEPOS? There are a total of 12 status’ to use in MLXchange and each has a very specific purpose. It is critical to use the appropriate status to demonstrate where in the process each listing is so agents do not share listings with their clients that are either off the market, expired, etc. So, what status should you use when? Here is a breakout of each status and what it means. New: For the first seven days of a listings life – changes to ACTive on midnight of the seventh day Active:Available/on market listing Arent: Continue Reading

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