The new sales statuses for MLS® listings will be available on Paragon on July 24.

These new statuses will help REALTORS®, homebuyers, and sellers get a better sense of how far along a listing is in the transaction lifecycle.

Here's what the new display will look like:

There will be three new statuses:

Active Under Contract – This optional status will be used when a listing has an accepted offer with subjects on it. If your brokerage has permitted use of this status, and you have Agent Modify permissions, or higher, you can change to this status on your own.

Pending – Replacing the current “Sold” status, this status will be applied to listings that have an accepted subject-free offer, or once all subjects are removed.

Closed – Listings will automatically move to this status at the end of their completion date.

The “Active Under Contract” status will be available to all members with agent modify ability, but your brokerage may apply rules on whether you can use it, or how you can use it. Please check with your office to see how they intend to use the status.

Please note that association staff will not be updating listings from Active to Active Under Contract.

Paragon will be unavailble for listing maintenance: At 8 pm on Tuesday, July 23, Paragon will revert to a read-only state for the system update. You will not be able to enter new listings or make changes to existing listings. We expect the update to finish in the early hours on Wednesday, July 24. 

Saved searches will auto update and backfill: Throughout the day on July 24, saved searches will be automatically updated to include the new statuses. Saved searches for Active listings will include Active Under Contract listings. Saved Sold Searches will now include both Pending and Closed Statuses. If you don't want to include these in your search results, you'll need to adjust your saved searches and remove those you do not wish to see. We've backfilled over two million listings with the new statuses, so you'll see pending and closed across the system starting July 24.

New fields for default searches: In default searches, sold date has now been replaced with the following:

• Seller’s Acceptance Date
• Subject Removal Date
• Completion date

REALTOR.ca will take a bit longer: CREA continues their work to accomodate the new statuses on REALTOR.ca and will announce when they'll be ready to use them in the future. 

• Review our FAQ for more information
• Review a workflow guide to see what the new statuses will look like in action
• For brokers, review a guide that shows you how to use these new statuses in your office. 

Questions? Email mls@gvrealtors.ca.