The Matrix “Coming Soon” status is for use when a listing is under a valid listing agreement but not yet ready for showings or marketing to consumers on (repairs, photos, staging, etc.).

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MLS Rule Changes per NAR Clear Cooperation Policy

1.01 Clear Cooperation: Within one (1) business day of marketing a property to the public, the listing broker must submit the listing to the MLS for cooperation with other MLS participants. Public marketing includes, but is not limited to, flyers displayed in windows, yard signs, digital marketing on public facing websites, brokerage website displays (including IDX and VOW), digital communications marketing (email blasts), multi-brokerage listing sharing networks, and applications available to the general public.

NOTE: Exclusive listing information for required property types must be filed and distributed to other MLS Participants for cooperation under the Clear Cooperation Policy. This applies to listings filed under Section 1 and listings exempt from distribution under Section 1.3 of the NAR model MLS rules if it is being publicly marketed, and any other situation where the listing broker is publicly marketing an exclusive listing that is required to be filed with the service and is not currently available to other MLS Participants.

1.3 Exempt Listings: If the seller refuses to permit the listing to be disseminated by the MLS, the participant may then take the listing (office exclusive) and such listing shall be filed with the MLS but not disseminated to other participants. Filing of the listing should be accompanied by an authorization signed by the seller indicating that it does not desire the listing to be submitted to the MLS using HAR Form 300 – Seller Authorization to Exclude Listing from MLS.

If an exempt listing is publicly marketed, as defined in Section 1.01, then the listing must be submitted to the MLS for dissemination to all participants within one (1) business day,

Note 1: Section 1.3 does not apply to Rentals or new construction developments with multiple properties.

Note 2: MLS Participants must distribute exempt listings within (1) one business day once the listing is publicly marketed. See Section 1.01, Clear Cooperation.