Section 5.1.2 Coming Soon Status – Terms and conditions of use

  1. Only properties subject to a ratified listing agreement and pre-marketing addendum may
    be entered under the Coming Soon status. Coming Soon listings are subject to the
    requirements set forth in this Section 5.1 and must be entered into the MLS system under the Coming Soon status within three (3) days of the Listing Agreement ratification by the Seller or within one (1) day of Public Marketing.
  2.  Listings under the Coming Soon listing status are only available to Virginia MLS Cooperative Participants and Subscribers and authorized data share partners.
  3. This status is not included in IDX or Data feeds.
  4. Listings under Coming Soon Status may not be shown. In the event that a Seller agrees to allow a Coming Soon listing to be shown the listing status must be changed to Active prior to the showing.
  5. Days on Market (DOM) do not accrue while a listing is under the Coming Soon listing status.
  6. You must include an Expected On-Market Date when using the Coming Soon listing status.
    This is the date when you expect your listing to be Active in the MLS system. This date cannot exceed forty-five (45) days from the listing ratification date. The listing will move to an active status on the Expected On-Market Date. If the listing is not ready for an active status upon the expiration of the Coming Soon period consider using the Temp Withdrawn listing status.
  7. Listings under Coming Soon Status must have a List price.
  8. Because a Listing under the Coming Soon status will have an MLS number, the listing agent
    will be able to add virtual tours, marketing materials, and listing documents ahead of time.
  9. No listing, including a listing that was once under the Coming Soon status, can revert back to the Coming Soon status. Furthermore, the listing may not be relisted in the Coming Soon status by the same listing agent or any agent within that listing agent’s brokerage unless the property has been off market for 60 days or more.
Article 5: LISTING PROCEDURES

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