All CMLS Subscribers are obligated to report status changes, including final closings of sales, on listings submitted to the service, regardless of the level of service or type of listing agreement associated with the listing. The listing brokerage must input any change in listed price or other change in the original listing agreement, when authorized in writing by the seller(s), within two business days after the listing brokerage receives the authorized change.
Subscribers must report closed sales to the MLS (“Sold” status) within 10 business days after the closing.
Read more about status definitions and rules.