Columbus Board of Realtors
The Voice of Real EstateTM in Central Ohio
 
 
 
CBR TEMPO Quiz
Test your knowledge of CBR TEMPO!

July/August 2010 Questions

1. Properties that have a signed listing agreement with the seller are required to be entered into the MLS or have the Notice of Exclusive Listing Not Available for Placement Through MLS Form faxed to MLS within 72 hours from the signing of the listing agreement except weekends and federal holidays whereby the status is to be entered the following business day.
True
False

2. All properties submitted to MLS and appearing in an active status must be available for sale, lease or exchange and/or showings.
True
False

3. A property with one parcel number that has been off the market less than 30 days in a withdrawn or expired status cannot be reentered with a new MLS number by the same agent with the same company unless proof of new ownership of that property can be provided.
True
False

4. Sold property needs to be updated in the MLS system within 24 hours of the funds being received (HUD Listings excluded).
True
False

5. Any accepted purchase contract by the seller, including short sales, constitutes the need to report the property in contract, contingent on financing or inspection or contingent escape to MLS within 24 hours except weekends and federal holidays whereby the status is to be entered the following business day.
True
False

 

 
Realtor