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Doug Jackson
MLS PIN
Shrewsbury, MA


Toll Free: 800-123-4567
Email: djackson@mlspin.com


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 July, 2013
New CTG (Contingent) Status Available


The new CTG status has officially been released. It is our hope that this new status meets the needs of those listings that have accepted offers but are continuing to show for additional offers, while eliminating some of the issues associated with the abuse of the Active with a Flag status. Click here for a quick overview of all MLS PIN listing statuses. Keep in mind, there are some important facts to remember with regard to the new CTG status:

  1. The CTG status will be an "active" status. This means that days on the market will continue to accumulate. However, Contingent listings will be displayed as CTG and not ACT.
  2. This status will be fed out to all third-party websites as 'Contingent,' not as 'Active.' This should eliminate much of the confusion in the marketplace. Any third-party not able or willing to display the status as Contingent (or something of similar effect) will not be fed these listings.
  3. There will be a set of six choices for which you can mark a listing CTG. There will no longer be an option to leave a listing ACT for any reason. The CTG must meet one of the following conditions:
    .
    1. Inspection
    2. Attorney Review
    3. Appraisal
    4. Financing
    5. Third-party Approval
    6. Pending P&S
      .
  4. While Subscribers will be able to change a listing to CTG themselves, you are required to have the seller sign the Contingent Status Request Form. You do not need to fax this form to MLS PIN. However, you need to keep it on file as we may request a copy from time-to-time for quality assurance purposes. Click here for access to MLS PIN's Forms and Flyers located on our corporate website.
  5. We will be adding in an 'Offer Date' field. This date is required to be entered when a listing is changed to CTG and will reflect the date the offer to purchase was binding. The goal of this new field is improved tracking of market activity.

If you need any assistance with the new CTG Status, please contact us at support@mlspin.com.


   

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