Nvar Listing Agreement

There are nine unique listing status options in Bright MLS („Bright”): Active, Contract Asset, Cancelled, Closed, Soon, Expired, Temporarily Not on the Market, Standing and Retired. You will find the definition of each status in the Bright Rules & Regulations. The amendment to the listung agreement has been updated in accordance with these definitions and in accordance with the „Off MLS” directive. The relevant provisions of the Listing Withdrawal Form (K0005) are now included in the listing agreement amendment. The „Opt-out” form has been removed from the default form library because it does not match the current definition of „Opt-out in Bright.” Thanks to the consolidation of these two forms, brokers can now change important terms in the listung agreement, such as the reference price, the reference period and the different reference statuses with a document. Optional Form for Offer Information – K1385ED – This new form has been designed to help the buyer`s agents make offers.