We all love accurate, up-to-date data, right? The easiest way to keep listing data correct in Matrix is to make status changes within three business days. And yes, it’s a part of the REcolorado MLS Rules and Regulations, but more importantly, your fellow real estate professionals appreciate it when updates are made as quickly as possible so consumers receive accurate data.
Take the Quiz
How well do you know your Matrix statuses? Take the quiz below to find out! We also recommend keeping our ABCs of Matrix document handy so you can reference the info whenever you need it!
Pro Tip: Know the difference between Withdrawn and Expired/Terminated. Changing a listing to Withdrawn simply lets other agents know that your client still wants you to sell the home, but they need to get some things in order before showings resume. Expired/Terminated means that there is no longer a listing agreement in place.