Re-list Definition
Properties that
are re‐listed by the same office or firm may be entered into the system as
“new” provided the former listing (i.e. Listing ID #) has been in an off‐market status
for at least 30 days. Listings reactivated by the same office or firm in less
than 30 days must be updated to an active status under the previous and most recent Listing ID #.
Re-list Application
Section 1 – Entry of a listing as “NEW”
- A listing
that has been Released prematurely may be re‐entered as a “new” listing by
the same brokerage if it was released at least 30 days ago.
- A listing
may be re‐entered as a “new” listing with no waiting period if the most
recent status of the property is “Expired” or “Sold”.
- A listing
may be re‐entered as a “new” listing with no waiting period if the
property is being listed with a different company or firm. This
includes a REALTOR® transferring from one brokerage to another.
- A listing
may be re-entered as a “new” listing with no waiting period if the
property is being listed with the same company but new owner.
- A listing
may be re‐entered as “new” with no waiting period if the property has a
new owner or was foreclosed and subsequently re‐listed with the same
office or firm.
- A listing
may be re‐entered as “new” with no waiting period if the listing is
expired or released under an agent at one branch office and re‐listed
with a different agent at a different branch office of the same
firm.
Section 2 – Placing a listing “Back on
Market”
- A
listing that has been released prematurely to the expiration date by a
brokerage will be prompted to re-activate the previous listing if the listing
was released less than 30 days ago. Once
the listing is re-activated, the listing would display as “Back on Market/Active”. If the listing expired naturally, the
brokerage will be able to add a new listing into the BLC service with no
waiting period per a new fully executed listing contract.
Section 3 –
Listing Transfers within a brokerage or branch office of the same firm
- Listing
transfers are limited to intra-office transfers. Eg. Branch offices that are under the same
managing broker can complete a listing transfer form to move a listing from one
branch to another. The form below
should be filled and fully executed, then emailed to the help desk at helpdesk@miborsupport.com
http://www.mibor.com/clientuploads/PDFs/BLC%20Docs/Intra-Brokerage_Listing_Transfer_From_2018_1.pdf?displaytype=Interior
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If an agent is
transferring from one branch office to another within the same firm, the Managing
Broker will complete the electronic member transfer form Transfer to Another Company
Any listing that will follow the agent to the new branch office can be transferred
by the listing transfer form under the existing Listing ID number. (see link to the form above).
Note: If a member transfers from one brokerage to a
different brokerage, the Managing Broker has the option to retain the listing
or release it so the agent can re-list with their new brokerage. If they do not
execute a mutual release, the listing will remain with the original firm. The list agents name will either need to be
updated to the Managing Broker’s name or updated to another agent in the office. The original brokerage will have access to
the listing in the BLC service to make any listing updates moving forward. This will also ensure that the brokerage has access to the listing in BrokerBay to manage the showings.