Entering Unpublished SOLD information into Paragon
There have been recent questions about entering unpublished sold listings, where neither the the Participant nor the Subscriber represented the owner / seller. Section 6 of the Intermountain MLS Policy Manual addresses this issue.
Section 6 from the Policy Manual:
Reporting Closed Transactions with NO Participant and/or Subscriber Representation
A. Closed transactions where neither the listing nor the selling portion of the transaction involved a Participant and/or Subscriber of the IMLS may not be entered into the IMLS.
If a Participant and/or Subscriber incorrectly represents him/herself as the listing or selling agent in this situation, the listing must be Withdrawn from the system and notification submitted to the IMLS for deletion from the system.
Please make sure that as an IMLS Member you are in compliance with Section 6.
IMLS Policy Manual
The way that a listing can be syndicated to many sites starts with the data entered in Paragon. There are four fields that dictate what will happen to a listing once it has been added to Paragon. They are:
- Internet Include
- Internet Address Display
- Display Comments
- Display AVM
Internet Include: Indicates if the listing will go to the internet (to sites OTHER than Paragon) This is Listing Syndication, brokers determine which sites their listings will appear on.
Internet Address Display: Indicates if the property address will be displayed on the internet when the listing is syndicated to other sites.
Display Comments: Indicates if when the listing is syndicated to a site where the consumer logs into an agent or broker site, that comments can be shared between the consumer and the agent/ broker providing the site.
Display AVM: An AVM is an automated valuation model. This indicates if when the listing is syndicated to a site where the consumer logs into an agent or broker site, that the agent / broker site can use this listing in an AVM (like a CMA).
Some sites that syndicate listings will not display listings that mark no to any or all of these fields. For example; Zillow will not display listings that don't allow AVMs.
If you have any questions contact us here at IMLS or leave a comment below.