Business Day Business days are weekdays (Mondays through Fridays) except weekdays that are federal holidays, US Postal Service holidays, or Louisiana state holidays.

 

Listings

Listings and exempted listings must be filed within three (3) business days of the signatures of the seller(s), within one (1) business day of any public marketing of the listing, or within one hour of being input into another MLS, whichever is earlier

To upload the Property Disclosure Document – 3 business days

To upload property photos – required upon entry

To arrange presentation of offers – as soon as possible but no longer than 1 business day

To report a change of status – 1 business day

To report Resolutions of contingencies – within 24 hours

To report cancellation of pending sale – immediately but not longer than 24 hours

To report a sale – 1 business day

Days that the broker can edit sold listings – 3 calendar days after marking sold

Days that the broker can edit expired listings – 3 calendar days after expiration

 

Temporarily of Market (TOM)

To upload the TOM form – immediately upon moving the listing to TOM status

Days till TOM listings automatically move to active status – 30 calendar days (can be extended by staff with completion of another TOM Form)

 

Days on Market/Cumulative Days on Market (DOM/CDOM)

Resetting DOM – DOM resets immediately upon creation of a new listing

Resetting CDOM – CDOM resets after the property has been off the MLS for more than 90 calendar days

 

 

MLS Fees/Violations

To correct inaccurate or incomplete data – 2 business days

To furnish copies of listing agreements upon request of MLS staff – 1 business day

To pay a MLS service fees before suspension – 30 calendar days

To pay MLS fines before suspension – 20 calendar days

To request a hearing before the professional standards committee to dispute a finding of violation – 20 calendar days following receipt of the finding of violation

To report alleged unauthorized use of content – 60 calendar days after the alleged misuse was first identified

To remove unauthorized content – 10 calendar days