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PPAR AND RSC OFFICES CLOSED FRIDAY, JULY 3
A# Status: Used for Under Contract/1st Right of Refusal
or
Under Contract/Short Sale
   a. listing is a short sale, and
   b. is under contract
(i.e. both buyer and seller have signed the Sales Contract,
       regardless of contingency for lender approval)
, and
   c. additional offers will still be received
Use of this status for a short sale requires that the listing broker also indicate the property is a “Short Sale” in the Optional Disclosure (now Optional Notices) field to distinguish between A# (1st right of refusal) status.
PPMLS Announcements  6/23/2009

The PPMLS Tempo System “Publish” on June 23, 2009 includes these changes:
  • A new field for “Display Property Address on Internet Y/N”. This field was
     added in response to a NAR requirement that allows a Seller to “Opt Out”
     of displaying their property address on Internet sites. Note: Current listings
     are defaulted to “Yes-Display Address.”
  • Optional Disclosures and Mandatory Disclosures fields have been renamed
     to Optional Notices and PPMLS Required Disclosures/Notices to avoid
     confusion with state-mandated disclosures.
  • Click here to see other changes.
PPAR.COM Unbranded/Frameable Search is scheduled for release on July 6!
  • If you like ppar.com, now you can incorporate the search functionality into
     your own IDX Web Site.
  • Click this link for instructions on how to register your site and obtain a
     security token.
New NAR Webpage on Short Sales – NAR has set up a webpage on short sales. REALTORS® who are new to short sales can learn the basics and watch webinars to increase their knowledge. The site also includes information about NAR’s advocacy efforts to improve the process.
NAR’s Short Sales Page

 

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