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.
For the most up-to-date information on this (or any other topic), please visit our SmartDesk.
Compliance Corner #64
November 30, 2022
With the end of 2022 approaching, many Agents/Offices will be cleaning up listing inventory to maximize year end statistics. If a listing has been closed out incorrectly or is missing Agent/Office/Team information only MLS staff can update this information. With that being said, the following are the SMART requirements to adjusting CLOSED listings.
No additions/changes will be made to the list side of any transaction after the listing has been marked as CLOSED/CANCELLED/EXPIRED. (Exception: swapping existing LA/CO-LA information)
No Adding Team ID to listings with a List Date before a Team was created with SMART.
Whether you are the List or Sale side of a transaction, if you require adjustments to be made to the Sale side, please send an email to Compliance@smartmls.com with the following:
MLS Number – If there are multiple listings, please provide all listing numbers in a single email. Please do not send individual emails for each listing.
Type of Change- Adding Team, Co-Sale Agent, Correcting Sale Agent
Who are you? – Listing side, Sale side, Agent/Admin
Documentation – If you are on the sale side, providing the P&S, contract, closing statement, etc. can speed up the process. If documentation is not provided, MLS staff will need to reach out to the listing side for confirmation. (Exception: Team changes will be made upon request)
The Compliance Team values your opinions, comments and suggestions. Never hesitate to contact us at compliance@smartmls.com or 203-750-6000.
Comments
Please sign in to leave a comment.