Compliance Corner- When does my listing start?


Please note: this article is a snapshot of a message that was posted on the MLS system at some point within the last year.  Things evolve rapidly in our industry, and the information in this article may have changed since it was first published. Compliance Corner articles are not updated after they are published, even if the information contained within has changed.

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Compliance Corner #5

October 28, 2019

WHEN DOES MY LISTING START???...and what date should I enter in Matrix???

Fields to consider:

  • List Date/Start Date
  • Signature Date(s)
  • Delayed Entry Date

Scenario #1

If the LIST DATE and SIGNATURE DATE(S) are the SAME, this is the date your listing legally begins and the date you enter in Matrix as the List Date.

Scenario #2

If the LIST DATE and SIGNATURE DATE(S) are DIFFERENT, the listing legally begins AND the date you should use as the List Date in Matrix is the latter of the two.  (Example:  List Date 11/1/19, Signed 11/3/19, Listing legally begins on 11/3/19)

Scenario #3

If the listing is subject to a DELAYED ENTRY clause, the listing legally begins on the date determined above in scenarios #1 or 2. HOWEVER, you use the DELAYED ENTRY DATE in Matrix as the List Date.  This avoids the accrual of market time prior to entry into Matrix.   


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