Comments on: Can a listing remain “Active” in MLS, post ratification? http://faarforum.com/2009/04/can-a-listing-remain-active-in-mls-post-ratification/ Fredericksburg Area Association of REALTORS® Fri, 04 May 2012 21:02:19 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: Lynsey http://faarforum.com/2009/04/can-a-listing-remain-active-in-mls-post-ratification/comment-page-1/#comment-600 Lynsey Tue, 12 Apr 2011 02:11:47 +0000 http://faarforum.com/2009/04/can-a-listing-remain-active-in-mls-post-ratification/#comment-600 IJWTS wow! Why can't I think of thnisg like that? IJWTS wow! Why can’t I think of thnisg like that?

]]> By: Why FAARForum? | Fredericksburg REALTORS® http://faarforum.com/2009/04/can-a-listing-remain-active-in-mls-post-ratification/comment-page-1/#comment-227 Why FAARForum? | Fredericksburg REALTORS® Wed, 08 Jul 2009 10:32:27 +0000 http://faarforum.com/2009/04/can-a-listing-remain-active-in-mls-post-ratification/#comment-227 [...] Why can’t you leave a listing as Active, with a ratified contract? Once ratified, the listing status needs to change in MRIS’ MLS system, to reflect actual status.  Some agents are using the CNTG/KO.  That’s fine, so long as you’ve actually used the kick-out clause addendum and are very clear that the property does have a kickout, what that means to all parties, and how it’s enforced.  You cannot have the listing as “Active” in MRIS, if you have a contract that is ratified. [...] [...] Why can’t you leave a listing as Active, with a ratified contract? Once ratified, the listing status needs to change in MRIS’ MLS system, to reflect actual status.  Some agents are using the CNTG/KO.  That’s fine, so long as you’ve actually used the kick-out clause addendum and are very clear that the property does have a kickout, what that means to all parties, and how it’s enforced.  You cannot have the listing as “Active” in MRIS, if you have a contract that is ratified. [...]

]]> By: Tina Ott http://faarforum.com/2009/04/can-a-listing-remain-active-in-mls-post-ratification/comment-page-1/#comment-194 Tina Ott Tue, 02 Jun 2009 04:34:35 +0000 http://faarforum.com/2009/04/can-a-listing-remain-active-in-mls-post-ratification/#comment-194 Thanks Matthew for spelling this out so... simply that even my kids can understand it. I am going to make a copy of it and pass it along to all those agents who just don't get it. Thanks Matthew for spelling this out so… simply that even my kids can understand it. I am going to make a copy of it and pass it along to all those agents who just don’t get it.

]]> By: Matthew Rathbun http://faarforum.com/2009/04/can-a-listing-remain-active-in-mls-post-ratification/comment-page-1/#comment-193 Matthew Rathbun Tue, 02 Jun 2009 02:39:03 +0000 http://faarforum.com/2009/04/can-a-listing-remain-active-in-mls-post-ratification/#comment-193 Dan, I'm sure you have. A lot of brokers have had some very frustrated agents. It seems the inventory is getting a bit smaller for the time being and this issue is becoming more predominate. Dan,

I’m sure you have. A lot of brokers have had some very frustrated agents. It seems the inventory is getting a bit smaller for the time being and this issue is becoming more predominate.

]]> By: Dan Lesher http://faarforum.com/2009/04/can-a-listing-remain-active-in-mls-post-ratification/comment-page-1/#comment-192 Dan Lesher Tue, 02 Jun 2009 01:08:06 +0000 http://faarforum.com/2009/04/can-a-listing-remain-active-in-mls-post-ratification/#comment-192 Very good post Matt! I answer this same question for agents at least once a week. Very good post Matt! I answer this same question for agents at least once a week.

]]> By: Brian Block http://faarforum.com/2009/04/can-a-listing-remain-active-in-mls-post-ratification/comment-page-1/#comment-191 Brian Block Mon, 01 Jun 2009 20:12:27 +0000 http://faarforum.com/2009/04/can-a-listing-remain-active-in-mls-post-ratification/#comment-191 Matt, Thank you so much for writing this post! I have a few people that I'm going to direct here, for sure. Matt,

Thank you so much for writing this post! I have a few people that I’m going to direct here, for sure.

]]> By: Kevin McGrath http://faarforum.com/2009/04/can-a-listing-remain-active-in-mls-post-ratification/comment-page-1/#comment-173 Kevin McGrath Wed, 06 May 2009 11:25:53 +0000 http://faarforum.com/2009/04/can-a-listing-remain-active-in-mls-post-ratification/#comment-173 I read it. I heard you recite it. I still don't like it. It is either ratified, or it is not. If it is ratified, it should be changed in the MRIS. Maybe I am splitting hairs here, but the Code of Ethics states that Realtors must disclose to an inquiry if there is an accepted offer. If I can actually find my token and log into MRIS, I am basically inquiring about a property. If it shows active but there is actually an offer, at that point I am feeling like the agent is keeping from me the fact that there is an accepted offer. I read it. I heard you recite it. I still don’t like it. It is either ratified, or it is not. If it is ratified, it should be changed in the MRIS.

Maybe I am splitting hairs here, but the Code of Ethics states that Realtors must disclose to an inquiry if there is an accepted offer.

If I can actually find my token and log into MRIS, I am basically inquiring about a property. If it shows active but there is actually an offer, at that point I am feeling like the agent is keeping from me the fact that there is an accepted offer.

]]> By: Latana http://faarforum.com/2009/04/can-a-listing-remain-active-in-mls-post-ratification/comment-page-1/#comment-170 Latana Fri, 24 Apr 2009 20:27:40 +0000 http://faarforum.com/2009/04/can-a-listing-remain-active-in-mls-post-ratification/#comment-170 Everyone should read this. We need to inform agents and companys that think they are The Lone Ranger and making up their own rules because the client do not want them the change the status from Active to Under Contrat. Thank you FAAR. Everyone should read this. We need to inform agents and companys that think they are The Lone Ranger and making up their own rules because the client do not want them the change the status from Active to Under Contrat.
Thank you FAAR.

]]> By: Claire http://faarforum.com/2009/04/can-a-listing-remain-active-in-mls-post-ratification/comment-page-1/#comment-169 Claire Fri, 24 Apr 2009 16:10:15 +0000 http://faarforum.com/2009/04/can-a-listing-remain-active-in-mls-post-ratification/#comment-169 I noticed you used just one word! "NOPE"! What more needs to be said, great article. I noticed you used just one word! “NOPE”! What more needs to be said, great article.

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