Did you know that once a property has an accepted offer, the listing agent must update the listing status in Flexmls® within 48 hours? The two options are “Active with Offer” or “Pending.”
The Metro Word
Data Integrity Category Posts
When is a Price Change Unethical?
Recently, Metro MLS has received requests to change the price of properties after the seller accepts an offer. To change the list price after a property has an accepted offer is unethical and could lead to the manipulation of historical data.
Listing Time Frames and Data Accuracy
Selling a property can be a hectic period with multiple rules and critical dates…
Listing Status Terms
When searching for a property, you will come across multiple states of…
Where can I find my saved CMA?
Comparable Market Analysis (CMA) reports are a helpful guide for assisting you with your comparisons. Here is a...
What is DOM and CDOM?
DOM stands for Days on Market. It is a measurement of the age of a listing. It is the total number of days the listing...
Statistical Reports
FlexMLS is filled with a variety of reports to help sellers have a better understanding of the market. Once you arrive...
Steps for Excluding, Delaying, Withdrawing a Property from the MLS
The benefits of listing your residential property on the MLS are obvious. The most significant advantage of the MLS is...
Listing Activity
Listing Activity is available for viewing on your listings. You may access the Listing Activity feature by clicking...
Active With Offer vs. Pending
When searching for a property, you will come across multiple states of activity. Two statuses that are common but...
Listing Statuses
REALTORS® must report an accepted offer with the listing status as “Pending” or “Active with Offer” to Metro MLS...
Moving Offices and Transferring Your Listings
If you switch offices your listings do not automatically transfer with you. Here’s what to do…
MLS Fines & Sanction Codes
Refer to this helpful MLS code guide and avoid sanctions…
Listing Status and Changes: Reporting Accepted Offers
Learn more about the newest rules regarding reporting accepted offers…
Let’s Talk Dollars and Cents
Everything you need to know about Commission, Compensation and Bonuses…