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By Michelle Yam, MRIS Compliance Manager

MRIS, Oct. 29, 2007-Properties are staying on the market longer. Use the Listing Expiration Report (LER) to help you track your listing’s expiration date. The Listing Expiration Report displays the following information: listing agent, property type, MLS number, expiration date, address, listing price, and status.

Follow these steps to retrieve a Listing Expiration Report (LER):

Click here to access the report.

From the drop-down menu, select the timeframe for your search

Choose either “My listings in My current Office” or “All Agents in My Office Only” (The security system allows only listings belonging to the subscriber or their branch office to appear on this report.)

Use the Sort By drop-down menu to sort your results.

Select the LER

Click Run Report

Listings expire at midnight on the listing expiration date. Any listing in MRIS will automatically be transferred to EXPIRED status on the listing expiration date.

Status notes: When a listing is in EXPIRED or WITHDRAWN status, the listing agreement between the seller and the listing broker is no longer in effect. If the listing is in TEMP OFF status, there is still a listing agreement in effect, but the property cannot be shown at this time.

If you have any additional questions and/or concerns, please feel free to contact the MRIS Compliance Department: compliance@mris.net.

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