Team Listings Policy
The MLS policy for Team listings is to keep the Sold listing information with the Team ID once it is off-market (e.g. Sold).
If your Team is forming, we can add the Active listings (not those with accepted offers) of its members to the Team ID with the listing broker or office manager’s approval (Broker, OM or Office Assistant can also).
If your Team is disbanding, we can again, move the on-market Active listings from the Team ID to the individual named on the listing agreement with broker or office manager approval (Broker, OM or Office Assistant can also).
Sold listings submitted under a Team ID will not be moved to individuals and previously sold listings as an individual will not be moved to a Team ID.
On the MLS, agents can list and sell as a Team or as an Individual but not both on the same listing.
Example of how Team Account reflect in matrix as the Listing Agent:
Example on how LA information appear on our MLSListings.com site:
Example of team account as buyer agent, team name appear as BA and Team Number appear as BA Lic#:
Please remember when forming or joining a Team or listing as a Team, that individual production is given to the Team brand and ID and will remain with the Team for sold properties.
Also, be sure to check your sales as Team acting as a Buyer’s agent. You need to provide the listing agent your Team ID before closing so they can close it with the attribution to your Team ID.
After closing, the MLS policy to change the Buyer’s agent from an individual to a Team ID requires listing agent’s permission and the request be made within 30 days of closing.
If you have any question, please contact Compliance at compliance@mlslistings.com or call 408-874-0200 option #2.
Related Articles
MLSListings Board of Directors – Candidate Form 335Number of Views Advertising or Promoting Listings of Other Brokers (or their Agents) 2.95KNumber of Views Pre-Filled “Contact Agent” Forms, RentSpree Button & SDMLS Data Now on MLSListings.com 515Number of Views The Authorized Assistant Program for MLSListings Agent Support (Video) 109Number of Views Zillow.com Agent and Broker Contact 2.26KNumber of Views