Listing Type and Level of Service MLS Modifications Installed
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09/25/07: Realcomp’s MLS Systems (i.e. Realcomp Online®, Realcomp Mobile, & all applicable databases) have been upgraded to improve the method by which MLS Subscribers are able to identify Listing Type and Level of Service on listings.
Specifically, Listing Type and Level of Service information has been separated. This means these fields are now noted independently of one another, enabling you to indicate the listing (or contract) type separately from the level of service you are providing.
The new Listing Type field offers two (2) choices:
- Exclusive Right to Sell; or
- Exclusive Agency (and only one of these will apply).
The new Level of Service field offers three (3) choices:
- Full Service;
- Limited Service; or
- MLS Entry Only (and only one of these will apply).
When Limited Service applies, you are now required to identify the services you are contracted to provide to your seller based on the following features:
- Arrange Appointments;
- Accept/Present Offers;
- Advise on Offers;
- Assist with Counter Offers; and
- Negotiate for Seller.
Up to four (4) of these may be selected with Limited Service. When all five (5) happen to apply, you should select “Full Service” as your service level and all of these features will automatically appear on your listing.
When MLS Entry Only applies, you will not be able to select any “Services Being Offered” features. As is implied by the description, MLS Entry is the Only service being offered.
Realcomp has also converted existing listings, saved searches, and prospects, so the Listing Type and Level of Service information is displayed properly and can be searched.
Sample conversion scenarios (included in the PDF/flyer version of this information) can be referenced for the Listing Type, Level of Service, and Services Being Offered fields.
- For “Limited Service” listings, we need your help. If you have listing load privileges, you may update your listing inventory to enter the actual “Services Being Offered” after the upgrade. If you need Realcomp’s data entry assistance with this, please call us. We also plan to follow-up with offices regarding the listings that are not showing these features to obtain the necessary information.
- For “MLS Entry Only” listings, “Services Being Offered” will be blank, as these features are only applicable with “Limited Service” listings.
- The “Unknown/Data Share” feature codes are for listings received by Realcomp via our data sharing partnerships, when the “Listing Type”, “Level of Service”, and “New Services Being Offered” information has not been provided. “Unknown/Data Share” features will not be selectable by Realcomp subscribers.
Please access your listing inventory and verify the accuracy of the converted listings pertaining to Listing Type, Level of Service, and Services Being Offered. Please also review your prospects and saved searches to verify that these have been converted properly too.
New profile forms are now available and are MANDATORY for use. These can be purchased from Realcomp and/or your Board & Association office. Additionally, the revised forms are available online, through Realcomp Online®, and can be accessed and printed free of charge.
If you have any questions about these improvements, please contact our Customer Care Department at (866) 553-3430, ext. 2 or via e-mail.
Thank you for your patience as we strive to continue improving Realcomp, the REALTOR’S® MLS!
Click here to view and print the 'flyer' version of this information.
Created by
fgreen
Last modified 2007-11-28 16:07
Last modified 2007-11-28 16:07
