Listings Flashcards

1
Q

Listings Expire…
Which Means…

A

April 01 and November 01
When an agent drafts a listing agreement with their client, the listing should expire on one of these dates

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2
Q

Listings are NOT considered “active” unless…

A

the listing agreement is signed by both the agent and client and have the “Agency Disclosures” executed

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3
Q

Listing agreements may be the G&A three page agreement or…

A

the CAR form agreement

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4
Q

Listing disclosures are subject to….

A

the type of listing they are (commercial, vacant land, multi-family)

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5
Q

The spreadsheet, “Office Listings” is for…

A

tracking listings that have executed agreements or executed extensions.

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6
Q

Agents are ro provide executed listing agreements with agency disclosures to the front office BEFORE…

A

they go to marketing & placed as “active” on all platforms

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7
Q

Its important to check MDGRE website at least TWICE a month to make sure your tracking sheet matches with our actively marketed listings in the even that the agent…

A

doesn’t provide provide you the listing agreement but still goes to marketing anyway or the agent doesn’t provide you the cancellation, expiration or closed escrow of said listing

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8
Q

If you spot any discrepancies when comparing lists…

A

notify the agent in question for clarification and appropriate documentation

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9
Q

On Matt’s listings ONLY - you will need to contact via…

A

email or phone the main, “contact,” for that listing and simply let them know their listing is about to expire and you would like to send them an extension form for another 6 months that will require a signature - offer via DocuSign

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10
Q

The contact will typically either…

A

send it back signed
request Docusign
ask to talk to Matt to possible arrange a price reduction or simply say they don’t want to extend at this moment and will contact us if they’d like to list again

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11
Q

Listing Extension and Listing Price Reductions can be found in…

A

the file called, “G&A Templates” on the front desk computer

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