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MLS FAQ
Can a seller withhold a sale price from the MLS?
Can I submit a listing to the MLS that says that the seller is tentatively planning to review offers on a certain date, but reserves the right to accept an offer prior to that date?
Do agents need to disclose that they are licensed when buying and selling properties?
Do I need to disclose that I am family of a seller or buyer?
Dual commission arrangement
How long does a home need to be off the market for the continuous days on market to reset on the MLS?
I represented the buyer in a transaction where the MLS indicated that the refrigerator was included, but after closing we realized that the sellers had replaced the stainless steel, side-byside refrigerator with a white, older model. Do we have any recourse?
I submitted a new listing to the MLS and noticed that my name and phone number was removed from the public marketing remarks. Why is that?
I will sometimes come across a listing on the MLS where the address appears to be intentionally modified to skew the days on market. Should I report those instances?
If a property is owned by an LLC, is it ok for the President of the LLC to sign the listing agreement?
If a sale has fallen through, but a Mutual Release of Purchase Agreement hasn’t yet been signed, can the status of the listing be changed back to Active on the MLS?
If I get an agency disclosure form signed, do I still need a buyer’s agency agreement? I will be paid through the offer of compensation in the MLS.
Is a seller required to disclose that a home is a modular home?
Is there a complete list of terms or phrases that should be avoided when writing listing comments?
The 2024 West Michigan Regional Listing Agreement has some new checkboxes and fields in the Fixtures & Improvements Paragraph for the identification of rented items. Does that information also need to be disclosed on the MLS?
What are the standards/timeframes for promotion of unlisted and listed properties?
What do the SA, BA, TC abbreviations on the MLS represent?
What if a listing was submitted with the Delayed Offers Addendum, but the seller wants to change that date or remove the delay?
What is a stigmatized property? Does that status need to be disclosed on the MLS?
What is a withdrawn listing? Can the end date of a withdrawn listing be extended?
What is the definition of a bedroom?
What is the maximum size photo that can be uploaded to the MLS?
When a sale falls through, how do I hide the previous selling agent’s name to prevent sensitive information from being disclosed to future buyers or their representatives?
When is the active/contingent status used?
Why are MLSs needed when you can find listings for homes in so many places online?
Why are phrases like great for a large family, perfect for empty nesters, and will appeal to the outdoorsmen removed from MLS listing comments?
Why doesn’t the MLS have a search option for communities that are limited to residents of 55 years and older?
Why isn’t lot rent a required field?
Will the MLS accept a listing for a mobile home in a park?
Will the MLS accept a listing that is conditional upon the seller finding a new home?
Will there be an ability to either include or exclude homes in parks when searching on the MLS?
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MLS FAQ
Category - MLS FAQ
Articles
Can a seller withhold a sale price from the MLS?
Can I submit a listing to the MLS that says that the seller is tentatively planning to review offers on a certain date, but reserves the right to accept an offer prior to that date?
Do agents need to disclose that they are licensed when buying and selling properties?
Do I need to disclose that I am family of a seller or buyer?
Dual commission arrangement
How long does a home need to be off the market for the continuous days on market to reset on the MLS?
I represented the buyer in a transaction where the MLS indicated that the refrigerator was included, but after closing we realized that the sellers had replaced the stainless steel, side-byside refrigerator with a white, older model. Do we have any recourse?
I submitted a new listing to the MLS and noticed that my name and phone number was removed from the public marketing remarks. Why is that?
I will sometimes come across a listing on the MLS where the address appears to be intentionally modified to skew the days on market. Should I report those instances?
If a property is owned by an LLC, is it ok for the President of the LLC to sign the listing agreement?
If a sale has fallen through, but a Mutual Release of Purchase Agreement hasn’t yet been signed, can the status of the listing be changed back to Active on the MLS?
If I get an agency disclosure form signed, do I still need a buyer’s agency agreement? I will be paid through the offer of compensation in the MLS.
Is a seller required to disclose that a home is a modular home?
Is there a complete list of terms or phrases that should be avoided when writing listing comments?
The 2024 West Michigan Regional Listing Agreement has some new checkboxes and fields in the Fixtures & Improvements Paragraph for the identification of rented items. Does that information also need to be disclosed on the MLS?
What are the standards/timeframes for promotion of unlisted and listed properties?
What do the SA, BA, TC abbreviations on the MLS represent?
What if a listing was submitted with the Delayed Offers Addendum, but the seller wants to change that date or remove the delay?
What is a stigmatized property? Does that status need to be disclosed on the MLS?
What is a withdrawn listing? Can the end date of a withdrawn listing be extended?
What is the definition of a bedroom?
What is the maximum size photo that can be uploaded to the MLS?
When a sale falls through, how do I hide the previous selling agent’s name to prevent sensitive information from being disclosed to future buyers or their representatives?
When is the active/contingent status used?
Why are MLSs needed when you can find listings for homes in so many places online?
Why are phrases like great for a large family, perfect for empty nesters, and will appeal to the outdoorsmen removed from MLS listing comments?
Why doesn’t the MLS have a search option for communities that are limited to residents of 55 years and older?
Why isn’t lot rent a required field?
Will the MLS accept a listing for a mobile home in a park?
Will the MLS accept a listing that is conditional upon the seller finding a new home?
Will there be an ability to either include or exclude homes in parks when searching on the MLS?
+ 23 Articles
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