Reminder: You Must Manually Update Your Pending Listings to Avoid a Violation!

Published: April 14, 2008

Please update your pending listings on or before the Estimated Sell Date. You must manually change your listing status on or before the Estimated Sell Date or MRMLS Matrix will automatically change the status to “P*” for you, indicating the Estimated Sell Date has passed. Note: Members who do not manually update the listing status within 48 hours after the Estimated Sell Date may receive a violation from their Association/Board.
Remember, the goal is to have the most accurate MLS data possible. Last month, almost 200 listings were automatically changed to P* by MRMLS Matrix. Please do your part and manually update your listings to their correct status. If listings are sold, please mark them as Sold, if listings are still pending, please extend the Estimated Sell Date.

Listings are automatically changed to Auto Sold (S*) by MRMLS Matrix ten days after the Estimated Sell Date has passed.

Frequently Asked Questions

Q. Is an asterisk next to my listing considered “bad?”
A. An asterisk next to a listing status means the listing was not kept in its most updated status. You can avoid asterisks by updating your listings before the Estimated Sell Date lapses.

Q. I usually wait for Matrix to change the status of my listings for me. Is this a violation?
A. The Matrix System automatically notifies the agent, the broker, and the Association/Board, 48 hours after the Estimated Sell Date has passed. Associations/Boards process these notifications and according to their rules and regulations, a violation may be issued.

Q. What is the Auto Sell Policy?
A. When a listing is set to Pending, the Listing Agent/Broker is required to enter estimated information about the pending sale of the property. If the status of a listing is not manually updated by the Listing Agent/Broker, it will be automatically changed from “P” to “P*” at Midnight on the Estimated Sell Date.

Note: The status of a listing is automatically changed to S* on the tenth day after the Estimated Sell Date if the status has not been manually changed to “sold” or the Estimated Sell Date extended.

iDate April 14, 2008
(MLS# A9222222 has been Auto Sold)


Last modified: April 14, 2008 at 7:16 am | Originally published: April 14, 2008 at 7:16 am
Printed: September 28, 2020