One of our firm’s listings has a contract pending. The listing agent wants to leave the property’s status in the MLS as “active” because he believes that some agents won’t show the property for backup offers if it’s listed as “pending.” Is it an MLS rule violation to leave it listed as “active”?

1 minuteread
  • Home
  • /
  • Knowledgebase
  • /
  • Advertising
  • /
  • One of our firm’s listings has a contract pending. The listing agent wants to leave the property’s status in the MLS as “active” because he believes that some agents won’t show the property for backup offers if it’s listed as “pending.” Is it an MLS rule violation to leave it listed as “active”?

Most MLS rules require that participants accurately report the status of listings and promptly report changes to that status in the MLS. It’s likely that the listing agent would be violating the MLS rules by not reporting the correct status.

Source: TAR

0
0
49
Print
Share
  • Facebook
  • Twitter
  • Linkedin
1 minuteread
X
Welcome to Realty Nation
wpChatIcon
Scroll to Top