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The document is a comprehensive MLS Data Information Form for Freehold-Lease properties, detailing mandatory and optional fields for property listings. It includes sections for location, lease details, property features, utilities, interior descriptions, and broker information. The form is designed to capture essential data for real estate transactions and facilitate the listing process.

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What does it mean when an MLS listing is on hold?

HOLD: A valid listing contract is in effect. However, because of various reasons (such as repairs, illness, guests, etc.) the Seller has requested that temporarily there be no showings. This is an Off-Market status, and DIM (Days in MLS) does not count.

What is MLS data in real estate?

Multiple listing services (MLS databases) are created and maintained by cooperating real estate professionals to share information about properties on the market. This data usually includes details such as the listing price, bedrooms, bathrooms, square footage and other similar data points relevant to potential buyers.

What does it mean when a property is put on hold?

Definitions: Hold. The Seller is still under a Listing Contract with the Brokerage Firm, but the property is off the market temporarily. Cancelled. Listing Contract is cancelled, and the property is off the market.

Does MLS have rental data?

MLS provides a broad and detailed range of rental listings that are often more comprehensive than public sites. This allows investors to access a wider selection of properties.

Why is MLS data not public?

In most cases, access to information from MLS listings is provided to the public free-of-charge by participating brokers. Data that is not publicly accessible includes information that would endanger sellers privacy or safety, such as seller contact information and times the home is vacant for showings.

What does a hold mean on a property?

Sale holds are useful if a customer has not yet completed shopping or is unable to pay immediately due to an unsuccessful payment method. All of the pending sale information can be stored in a POS system, making it easy to complete the sale later.

What does hold status mean on MLS?

Typically, that is a pause for some reason. This time of year will be about the holidays and not wanting showings while the owners are busy with their plans.

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