ABOR MLS Announcement, Coming Soon Status is "Coming Soon."

Coming Soon (CS) Status Approved

At its May meeting, the ACTRIS Board of Directors voted to reinstate a Coming Soon (CS) status. The final business rules and timeline for implementation will be finalized at the June ACTRIS Board meeting, and the proposed business rules can be found online at ABoR.com.

Coming Soon (CS) Status Information

Proposed Business Rules for Updated CS Status

At its May 2020 meeting, the ACTRIS Board of Directors voted to reinstate an updated Coming Soon (CS) status as a listing input option in the ACTRIS MLS. Given changes to the market since the previous version of CS status was removed, an updated CS status supports the Clear Cooperation Policy by creating a holding status for get-ready activities. While the status has been approved, the business rules and implementation timeline are still being discussed and will be voted on at the June ACTRIS Board of Directors meeting.

The preliminary, proposed business rules are:

Showings are optional per listing broker/agent
Listing Distribution
- Included in VOW feeds
  - Seller has the option to set Internet Display = No
- Included in Client Auto-Emails
- Included in IDX feed
  - Seller has the option to set Internet Display = No
- Not included in Syndication feeds
Listing Display
- Included in MLS Client Portals
- Included in Customer reports like CMAs
14 day CS status limit
Status automatically enters Temporarily Off Market after 14 days
No DOM accrued
No listing, status, or price history
Limited subset of fields required
- Price, address, beds, baths, and SQFT, etc.
Photos not required

All ACTRIS Participants and Subscribers will be updated on the finalized business rules and an implementation timeline once the Board votes to approve them. To provide your feedback in the meantime, visit our online Engage Portal.

Comments

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