Withdrawn vs. Expired Listings: What’s the Difference?Confused by withdrawn and expired listings? Withdrawn ListingsThe property is temporarily off the market, but the listing agreement is…
MLS Policy
Closed and Leased Listing Status
So the closing happened, what are the next steps in Matrix for the listing status? Once the property has gone through a closing and the…
Active Listing Status
Active status indicates the listing is active in the MLS, available for showings, Days in MLS begin to accrue, and marketing is allowed. The Active…
Pending Listing Status
The sellers have accepted an offer! What status does the listing go to now? The listing will move to Pending, also referred to as Under…
Coming Soon Listing Status
Soon to be on the market with an executed listing agreement, the Coming Soon status allows listing visibility in Matrix to all REcolorado subscribers for…
Saying “Yes” to Status Changes in Three Business Days Makes the Market Work
Key takeaways: • Brokers have three business days to update their listing when it moves from one status to another, including Active to Pending and…
What You Need to Know About Written Touring Agreements
The NAR settlement stipulates that a written agreement needs to be in place between an MLS subscriber and a buyer before they tour any property,…
REcolorado MLS Policy Updates
REcolorado’s has updated its MLS Policy to align with terms of the NAR Settlement. Here’s what you need to know. Compensation Prohibited Section 6.0 –…
Navigating Compensation Changes in Real Estate
The real estate industry is changing. Regardless of whether you are a REALTOR or not, whether you participate in REcolorado or another MLS, the legal…
Discover Your Full Potential: Assessing Experience, Training, and Knowledge
Although REcolorado is not the licensing authority, we stand with you as an industry partner and collaborator, offering an array of resources to support your journey toward success. Get off to the right start by taking a look at the training and knowledge REcolorado offers you so that you can maintain and build your competency.
Listing Input Options: Listing Paths to Meet Your Business Needs
While we’d like to think every real estate transaction fits neatly into the same process, this isn’t always the case. You need listing input options…
Nail Your Square Footage Calculations Every Time
You see A LOT of homes and likely come across some ✨interesting✨ layouts. Accurately representing these homes and their square footage in REcolorado MLS is…
Key Resources
- NAR Settlement Resources
- MLS Policy Essentials Guide
- ABCs of Matrix Statuses
- Bathroom Guide
- Closing Checklist
- Course Catalog
- Dictionary of Property Types
- Energy and Green Features Addendum
- Energy Definitions and Suggested Documentation
- Listing Input Forms
- Matrix Listing Icons
- Office and Associate Forms
- Square Footage Companion
- Subtype and Structure Type Guide
- Transfer Listings
Hot Topics
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Important REcolorado Update
In July, information about the sale of REcolorado was made available, which created many questions.…
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FAQs: New Ownership and Your MLS Partner
News about the sale of REcolorado has been a hot topic. As your MLS partner,…
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Think Tank: Share Your Ideas and Shape the Future of REcolorado
As a real estate professional who uses REcolorado tools and services every day, your feedback…
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