Public Display of Pending Listings
In response to the request from the membership, effective Monday, December 15th, listings in the Pending, Pending Inspection, Pending Feasibility, and Pending BU Requested status will be available for public display on broker websites. The public display of those listings must comply with the following addition to the NWMLS Data Use Policy.

The display of listings in any property status other than Active must prominently identify the status of the listing. This includes Contingent, Sold, Pending, Pending Inspection, Pending Feasibility, and Pending BU Requested (“Non-Active Listings”). Detail descriptions, listing summary, and map display of Non-Active Listings must clearly distinguish Non-Active Listings from Active listings by the use of distinct and conspicuous text, colors, or graphics. Listings in the “Pending BU Requested” status must describe the listings’ status as “Pending – Backup Offer Requested.” The display of each separate status is optional.

Also note that the definition that must be displayed if a broker elects to display DOM/CDOM on its website has been modified to include information about pending listings. The revised policy provides:

A display of DOM and CDOM pursuant to Rule 27 must include the following definitions in a legible font either directly below the data or by using an asterisk or other symbol that directs the user to the definitions:

Days on Market (DOM) is calculated from the listing date of the current listing. Time off market, including time when a sale is pending, is not included.
Cumulative Days on Market (CDOM) is the sum of all DOM that is uninterrupted by a sale or more than 90 days off-market. Time off market, including time when a sale is pending, is not included.
NOTE: For new construction, DOM and CDOM may include market time prior to completion.

NWMLS will communicate this information to your Internet Service Providers in the next few days. The NWMLS Data Use Policy is available on the Discover website under “Broker Links.”

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nwhomes.net
Chief of Operations

Thank you for the "heads up" ... did you want to show listings any of these newly available status types on your site?

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Aaron
Programming
Real Estate Webmasters