To add an open house to your MLS listing, simply submit a Listing Update Request Form. Once added to the MLS, your open house information will be syndicated to third party websites like Zillow, Trulia, and Realtor.com without any further action needed on your part. For maximum syndication exposure, we recommend submitting your update request to add an open house before Wednesday at noon EST the Sunday before your open house. You are welcome to request open houses in advance.
No. With an entry only MLS listing, the homeowner / seller is responsible for the activities typically handled by a Seller’s Agent, including open houses. You will have the ability to add open house announcements to your listing at your convenience electronically via our website. We also provide each client free professionally designed FSBO real estate flyer templates.
Within 24 hours of accepting an offer, you must change the status of your property. This is a rule and regulation of the MLS. To change the status of your property, simply submit a Listing Update Request form.
What property status should you choose after accepting an offer?
The overwhelming majority of FSBOs change their property status to Under Agreement following the mutual acceptance of an offer. Under Agreement is the most common status to utilize after an offer is signed, that’s true for both flat fee entry only MLS listings as well as listings from Realtors that charge a full commission.
There are some FSBOs who want to utilize a Contingent status (see all MLS property status types), signifying the property will continue to be shown, open houses conducted, and backup offers accepted. If a property is placed in Contingent status, one of the following contingencies must exist: Inspection, Attorney Review, Appraisal, Financing, Third-Party Approval, or Pending P&S. Once that contingency is met, the property will be moved into an Under Agreement status.
Because Contingent status is not terribly common, and the MLS does not want the status type misused, if a FSBO wants to use Contingent status, in addition to submitting a Listing Update Request form to change a property’s status, to utilize the Contingent property status type, FSBOs must also fill out and sign an official MLS form called a Contingent Status Request Form and include it in their update request.