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MLS Rules & Regulations Changes – Effective Jan. 27

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To maintain the highest standards of efficiency, fairness, and usability within our MLS platform, new changes to the MLS Rules and Regulations will take effect on January 27. These updates are designed to streamline processes, enhance accuracy, and better support the needs of our members.

Changes noted in red.

10.1.1 Coming Soon Listings – Restrictions Related to Coming Soon Status. It shall be the responsibility of the Broker Participant (Section 4.1.1) and Real Estate Subscriber (Section 4.2.1) to follow said rules when placing a property in the Coming Soon section of the multiple listings service (MLS). Broker Participant and Real Estate Subscriber shall only place a property in the Coming Soon section of the MLS if the Participant/Subscriber has met necessary criteria for MLS input as described in Sections 7.5, 7.6, & 8.1.

Participant/Subscriber is required to enter a proposed list date to proceed in placing a listing in the Coming Soon section of the MLS. Once the listing moves from Coming Soon to any Active status it cannot revert back to Coming Soon.

  1. It is optional to place your listing into a Coming Soon Status.
  2. Listing agent must have a signed written listing agreement in place to enter a “Coming Soon” listing which explains the limitations of the “Coming Soon” status.
  3. The MLS requirement of unilateral offer of compensation still applies while in “Coming Soon” status.
  4. The Coming Soon listing will automatically be placed in a “Cancelled – Coming Soon” after 30 days of entry.
  5. Coming Soon listings will be viewable to all MLS Participants.
  6. Coming Soon listings will not be syndicated unless approved by MMG out to other websites.
  7. Coming Soon listings will not be included in the IDX and RETS feeds.
  8. Coming Soon listings are not allowed to have open houses or be placed on broker tours in the MLS.
  9. Coming Soon listings are only searchable within the Paragon MLS.
  10. Once a listing has been moved from Coming Soon to Active status by the agent, it cannot revert to Coming Soon with that same broker.
  11. Days on Market (DOM) re-sets when status is changed to Active. Cumulative Day on Market (CDOM) continues counting from the time entered into the MLS. Only when a property has been off the market (Canceled or Expired) for more than thirty (30) days will the days (DOM and CDOM) on the listing start at zero (0).
  12. Agent showing is allowed.
  13. Once Coming Soon status is entered, public marketing is allowed.
  14. Allow Coming Soon data to be in Broker back-office feeds (no front-facing data component) (Brokerages own data only)
  15. Photos are optional.

11.5 Photographs on MLS

  1. At least one (1) photo or graphic image of the front exterior of the property accurately displaying the listed property (except where sellers expressly direct in writing that photographs of their property not appear in the MLS compilations) is required to be posted on the MLS within 1 day of submission of the listing in all categories other than business opportunity and Lots and Land and Coming Soon status.