Attention LSAR MLS Users in Wisconsin (ONLY FOR WISCONSIN Listings, this DOES NOT IMPACT MINNESOTA LISTINGS)
A newly created status has been added in Paragon called “CONT OFFER ACCEPTED (WI)” (contingent offer accepted). This is an active category status that can be utilized if your seller has an accepted offer with contingencies, but do not wish to mark the property as “Pending.” Since this is an active category status, days on market will continue to calculate until the property enters a “pending” status. If you wish to update current properties to this status, you will need to do so manually. It will not be automatically assigned to any listings.
In 10 days, the contingency value “Without Bump Clause (WI Only)” will be deleted. If you currently have a property that is “Active” status with “Without Bump Clause (WI Only) as the contingency, you must update that within the next 10 days to “CONT Offer Accepted (WI)” OR keep the property “Active” and add “other” in the contingency value. “With Bump Clause (WI Only)” will remain, which you may use if you determine its appropriate.
The MLS Committee and our team at the LSAR office greatly appreciate all the feedback from Wisconsin agents on the December 8 MLS changes over the past several weeks. We anticipate these modifications will resolve most all of your concerns.
As this is another change, we expect some questions to arise and some potential minor disruption until everyone is fully used to this modification. If you identify any issues, please let us know so we can work swiftly to make any necessary adjustments.
Gabe Walsh
LSAR CEO
Monica Przybyl
LSAR Membership and MLS Director