In early 2019, the SmartMLS Board of Directors approved several modifications to the Rules & Regulations surrounding mandatory listings. We have created the following grid to help guide list agents (and their sellers) through the various options available for entering a property on the MLS.
1 For Coming Soon listings, all public marketing with the exception of tours and/or open houses is permitted as soon as the listing is entered on the MLS in the Coming Soon status. As is the case with showings, Tours and Open Houses cannot occur during the Coming Soon period- they can only occur once the listing is Active on the MLS.
2 The listing must be entered into Matrix as a Withhold from MLS listing and the Listing Agreement/Listing Agreement Compliance Certification and the Instruction to Withhold form uploaded within 48 hours of the executed listing agreement. If the seller decides they want their withheld listing activated on the MLS (so all SmartMLS subscribers and their clients can see it), it has to be after a minimum of 30 days being withheld. Market Time will accrue during the time the listing was withheld.