Monday, October 13, 2008

MLS News

We currently have over 500 pending (PEND) listings in MLXChange; almost half of those pending listings have been pending for over 6 months. In order to clean up the data we are asking that everyone check and see if they have any pending listing that they have forgotten about. Please close the listing if it has sold or provide the appropriate paperwork (ex: termination of listing agreement) to remove the listing and avoid a fine.

Currently under Coastal Bend MLS rule 12.06 any listing that is pending for more than 6 months is subject to a $50.00 fine. We would like to correct this problem before fines have to be issued.

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