COMING SOON FAQ
FREQUENTLY ASKED QUESTIONS
Q. What is an Active-Coming Soon Listing?
A. An “Active – Coming Soon” listing is considered an “On Market” listing that is entered in Paragon but not ready for syndication.
Q. Can an Active-Coming Soon Listing be available for showings?
A. Yes, “Active – Coming Soon” must be available to show within 3 days subject to any tenant’s rights, hazardous conditions or unless seller indicates otherwise in writing.
Q. Why would I enter an Active-Coming Soon Listing in Paragon?
A. Seller would like to market the property before going “Live” on the MLS. By entering the listing in Paragon one business day after you’ve marketed the Property keeps your listing compliant with the Clear Cooperation Rule #7.5.a.
Q. Can I publicly advertise my listing if I have entered it as an “Active – Coming Soon” listing in Paragon?
A. Yes, you can publicly advertise your “Active – Coming Soon” listing.
Q. Do I still need to have my Seller sign a SELM/Waiver when I enter the listing in Paragon as an “Active – Coming Soon” listing?
A. No, as of December 28th, 2020 the CCAR MLS Rules and Regulations have been updated. The change to MLS Rules 7.5 Mandatory Submission and 7.6 Exempted Listings now allow an “Active – Coming Soon” listing to meet the requirements. However, if you have an active listing agreement and do not plan to input the property into the MLS within 3 days of execution then you must provide CCAR a copy of your RLA or a SELM.
Q. Once I have the SELM/Waiver form completed where do I submit it?
A. Email to [email protected] or fax to 925.938.1294
Q. Will I receive a confirmation once I submit the SELM/Waiver to CCAR?
A. Yes, if you submit the SELM/Waiver via email or fax you will receive an email confirmation of receipt. Once the SELM/Waiver has been processed you receive a secondary confirmation.
Q. Will days on market begin to count when I enter it in Paragon as an “Active – Coming Soon”?
A. Yes, days on market will count while the listing is in the status of “Active – Coming Soon”. When the listing is updated to “New” the days on market field will be reset to zero.
Q. Do I have to upload photos on an “Active – Coming Soon” listing?
A. Yes, you are required to submit 1 front exterior photo of the property within 1 day of entering the listing.
Q. Does “Active – Coming Soon” listings syndicate to 3rd party websites?
A. No, the Active Coming Soon listing will only be viewable by Paragon Users.
Q. How long can my “Active – Coming Soon” listing stay in this status?
A. It will stay in this status for up to 30 days, once the 30 days have passed the system should automatically cancel the listing and the status will reflect “Cancelled-Coming Soon”. However, it is the listing agents responsibility to ensure adherence to the rules.
Q. Can my “Active – Coming Soon” listing have a broker tour or open house?
A. No, “Active – Coming Soon” listings are not permitted for broker tours or open houses.