Transcript Listing on MetroList through Data Sharing Program

Reciprocal Access
and Data Sharing Program
Property Listing Rules Comparison
MLSListings & MetroList
Disclaimer
The items compared in this presentation are designed to assist an
MLSListings subscriber who wishes to know more about MetroList MLS or
a MetroList subscriber who wishes to know more about MLSListings MLS.
Only the major listing management rules differences are highlighted, and
this presentation is not intended as a comprehensive comparison.
For any questions or additional information regarding rules, application of
rules or practices or procedures, contact the specific MLS.
MLSListings Inc. Confidential Copyright © 2008
Comparisons
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Time Limits
 Time to List or Exclude
 Time to Change Listing Information
 Time to Report a Sale
 Time to Report Cancellation of Pending Sale
 Time to Provide Documentation Requested by MLS
Property Types
Statuses
 Active Status
 Other Statuses
Withholding Sales Price
Lockbox Requirements
MLSListings Inc. Confidential Copyright © 2008
List or Exclude
Time to List
or Exclude
MLSListings
72 hours
(includes property classes 1-4)
MetroList
3 business days
(includes all property classes)
MLSListings Inc. Confidential Copyright © 2008
Change Listing Information
Time to Change
Listing
Information
MLSListings
Next business day
MetroList
3 business days
MLSListings Inc. Confidential Copyright © 2008
Report Sales
Time to Report
Sales
MLSListings
Next business day
MetroList
3 business days
MLSListings Inc. Confidential Copyright © 2008
Cancellation of Pending Sales
Time to Report
Cancellation of
Pending Sales
MLSListings
Next business day
MetroList
3 business days
MLSListings Inc. Confidential Copyright © 2008
Produce Documentation
Time to Provide
Documentation
Requested by MLS
MLSListings
24 Hours
MetroList
2 business days
MLSListings Inc. Confidential Copyright © 2008
Property Types
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MLSListings
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Single Family Residential
Common Interest
Development
Multi-Residential
Mobile Homes
Residential Lots & Land
Commercial/Industrial Lots
& Land
Commercial/Industrial
Business Opportunity
Commercial/Industrial
Rental
Residential Rental
MetroList
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Residential/Common
Interest
Mobile Home in Park
Residential Income
Residential/Commercial
Land
Business Opportunity
Commercial/Industrial
MLSListings Inc. Confidential Copyright © 2008
Active Status
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MLSListings
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Active
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MetroList
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Active
Active with Release Clause
Active Short Sale
Active Court Approval
MLSListings Inc. Confidential Copyright © 2008
Other Statuses
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MLSListings
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Pending Continue to Show
with Release Clause
Pending Continue to Show
Seeking Backups
Pending Do Not Show
Closed (Sold)
Expired
Canceled
Withdrawn
MetroList
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Pending
Pending Bring Back Up
Temp Off Market
Sold
Expired Pending
Expired
Dup. Withdrawn
Withdrawn Cancelled
MLSListings Inc. Confidential Copyright © 2008
Withholding of Sales Price
Withholding
Sales Price
MLSListings
Allowed on written
request of seller or buyer
(with fee)
MetroList
Not allowed
MLSListings Inc. Confidential Copyright © 2008
Lockboxes
Lockboxes
MLSListings
Administered by
Member Associations
MetroList
Administered by MetroList
Uses Specific Key - Requires
MetroList Cooperating Code
MLSListings Inc. Confidential Copyright © 2008
Contact Information
 MLSListings
1-800-546-5654 / (408) 874-0200
Fax (408) 341-8931
350 Oakmead Parkway 2nd Floor
Sunnyvale, CA 94085
 MetroList Services Inc.
Toll free (888) 898-9788
Fax (916) 922-1835
1164 West National Drive, Suite 60
Sacramento, CA 95834
MLSListings Inc. Confidential Copyright © 2008