Coming Soon-No Show Listings
Upon execution of a valid listing agreement and a Coming Soon-No Show status Seller Authorization Addendum between the listing broker and seller, a property listing may use the “Coming Soon-No Show” status, subject to these Rules and Regulations and MLS policy. The Coming Soon-No Show status is to be used when the listing broker and seller are preparing the property for sale and the property is not available for showings on the listing agreement’s Marketing Date. While the property is in the Coming Soon-No Show status, the property may not be promoted or advertised in any manner other than as “coming soon”.
- Temporary status. The Coming Soon-No Show status is a temporary, on-market status to be used as described above. For input in the MLS, all required fields must be completed and a minimum of one photo must be uploaded. A listing may use the Coming Soon-No Show status for a maximum of 7 days, after which the listing shall automatically change to Active. The listing broker may change the listing status to Active at any time; no other statuses can be changed to the Coming Soon-No Show status. However, if a listing has been in an Expired or Withdrawn status for more than 90 days, or if the property has been sold or rented, then it may be relisted with the Coming Soon-No Show status.
- No showings or open houses. Listings in the Coming Soon-No Show status are not eligible for showings or open houses. Any showings or open houses will disqualify the listing from the status and listing broker, as well as the showing agent, will be subject to a fine as described in the Compliance Fee Schedule for Category III Violations. Showings and open houses may be scheduled for the property on the “Active” Date established on the listing agreement.
- Display/distribution of Coming Soon-No Show listings. Listings in the Coming Soon-No Show status are distributed via IDX, VOW, and third-party advertising data feeds, and may be distributed by a participant/subscriber via the MLS’s system client portal.
- Status Change Constraints. A listing broker may not re-list a property in Coming Soon-No Show status unless the listing has been in Expired or Withdrawn status for more than 90 days, or the property is listed with a new brokerage firm, or the property has been sold or rented. Listings may not be transferred from any other status to Coming Soon-No Show.