Q1
When must you execute and provide CCAR an SELM?
A1
MULTIPLE CHOICE: B | Whenever the listing will not be input into the MLS within 3 days… (MLS Rule 7.5: Mandatory Submission)
Q2
Clear Cooperation policy requires you to input your listing ___________ once you have marketed it outside your brokerage in any manner.
A2
FILL-IN-BLANK: Within 1 business day | MLS Rule 7.5: Mandatory Submission
Q3
Do you have to install a Supra lockbox on every property listing?
A3
YES/NO: No. | MLS Rule 13.2.2: Lockbox Requirements
Q4
How many days do you have to update property status to “Pending” or “Sold”?
A4
MULTIPLE CHOICE: A | 1 day (MLS Rule 10.2: Reporting of Sales)
Q5
REALTOR® Gordie places his seller-client’s home on the MLS with a note that it is “Coming Soon” and not yet available for showings. Gordie first wants to direct-market the house to several clients, friends and family members who have expressed interest in it. REALTOR® Frances, from another brokerage, notices the listing and contacts Gordie to ask if she can show the home to a client today. Gordie should…
A5
MULTIPLE CHOICE: B | Discuss the situation with his client to determine if the property should become available for showings (MLS Rule 7.5: Mandatory Submission).
* QUIZ RULES | Members providing complete and accurate answers to each quiz will be entered into weekly prize drawings to win free eKey fees for one (1) year (~$200 value); maximum one (1) winner per week. Weekly prize winners will be announced every Tuesday from Sep 08-29. Members who complete all four (4) quizzes (whether answers are accurate or not) will be entered into the grand prize drawing to win a refund for annual CCAR MLS fees (~$539 value); grand prize winner will be announced Tuesday, September 29, 2020. The Office Championship prize will be awarded to the firm/brokerage that records the highest level of participation in all four weekly quizzes; individual prizes for each team participant; total not to exceed $1,000. Refunds will be awarded in the form of gift cards.
Platinum Partner, NAR Corporate Ally Program
CCAR is proud to be a RESO Platinum Certified MLS, the highest level of certification available.
