MONTHLY

NEWSLETTER


September 2025

Latest News

UPDATE: SCWMLS Delayed Listing Policy & New Disclosure Form


What’s Staying the Same:

After careful review, SCWMLS has chosen not to adopt NAR’s optional Delayed Marketing Exempt Listings policy. We remain confident that our current Delayed Listing policy best supports our members and serves the best interests of sellers.



What’s Changing:

  • New Disclosure Requirement:
  • A signed Seller Disclosure Form will now be required for both Delayed Listings and Firm Exclusive Listings (formerly called Office Exclusive).
  • Mandatory use begins September 1, 2025.
  • SCWMLS will not be using the WRA Limited Marketing (Form LM).
  • You will now have the option to choose YES for IDX during Delayed Status if you are ready to do so. Click to Download the Multiple Listing Options for Sellers Authorization Form. You are encouraged to begin using the form immediately.


Extension Timeline Update:

Delayed Listings may remain in Delayed status for up to 45 days, with a one-time extension of an additional 45 days—for a total maximum of 90 days.· Make sure to send in an amendment on day 45 or sooner or your listing will move into suspended status on day 46.

Firm Exclusive Requirements Update:

  • If the seller later decides they would like to market the property outside of the Listing Firm/Agent and their clients, the listing must be entered in the MLS within the appropriate time frame, and an amendment must be sent to: listings@wisre.com that Seller directs Listing Firm to place the home on the SCWMLS and that Seller understands the home will be marketed to the public as well as client portals and IDX feeds.

Listing Status Overview Graphic:

FAQS:

Do I need a Form for Delayed Listing Status?  

  • ·  Yes, you need to complete the Multiple Listing Options for Sellers Authorization Form. Please send this form to: listings@wisre.com at time of listing the property in the SCWMLS. 

Do I need to send a copy of the Listing Contract for Delayed Listing Status?

  • No, you do not need to send the Listing Contract to SCWMLS.


How long can a property be in Delayed Listing Status? 

  •  Properties may remain in Delayed status for an initial period of up to 45 days.
  • One extension of an additional 45 days is permitted, for a maximum of 90 days in Delayed status.
  • To request an extension, the Listing Firm must provide the MLS with an amendment signed by all parties to the contract prior to the expiration of the initial 45-day period.
  •  If no signed amendment is received by the 45th day, the property will automatically be moved to MLS Suspended status on Day 46.


Do I need to have a Buyer Agency Contract for a Firm Exclusive Listing?

  • While it is always best practice to have a Buyer Agency so you can represent your clients, SCWMLS does not require that you have one in place.


My listing is going in as Delayed, do I still need to note the show date in the remarks?

  • Yes! Delayed listings all need to contain this phrase as the opening line in the listings Remarks: This property cannot be shown until [Show Date].


Do I need a form for a Firm Exclusive Listing?  

  • Yes, you need to complete the Multiple Listing Options for Sellers Authorization Form. 
  • Send this form and a complete copy of your listing contract to: listings@wisre.com within 4 days of the effective date of the listing contract.


Can a Firm Exclusive Listing be shown?  

  • Yes, but only to Brokers and Agents within the Listing Firm and Clients from the Listing Firm.


What is IDX and what is VOW?

  • IDX: Internet Data Exchange. This allows listings to appear on broker and third-party public websites
  • VOW: Virtual Office Website. This is a secure website for MLS participants that requires client registration.

 

AGENTS, ARE YOU READY? BIG CHANGES COMING FROM REALTOR.COM



Launching September 3, 2025 – Realtor.com unveils a new agent search experience to help consumers connect with agents in their area.


👥 Includes profiles for both Realtors® and non-members, with ranking based on relevancy and profile strength.


🔎 Consumers can filter searches to show only Realtors®, replacing the old “Find a Realtor®” tool.


📩 Realtor® profiles remain free to claim, with direct inquiries delivered at no cost to NAR members.


More information found here: Realtor.Com September Launch and  FAQs


Trustfunds - Earnest Money Easy as 1-2-3


Transfer earnest money electronically in 3 easy steps:


TrustFunds 1-2-3


  • Allows buyer to retain control of account information
  • No photocopies of checks floating around
  • No images of checks in emails or phones
  • Account information encrypted at rest and in transit


SCWMLS Hot Tips:

Price Comparison Tool


Within Paragon, there is an easy way to see the number of potential buyers (Paragon contacts with saved searches) at the current list price, and how many there would be if the price were changed. This functionality is available for partial listings and subject properties, as well as live listings. When maintaining a listing click the Price Analysis button at the top:

The popup will show the number of buyers that match your property at the current price. Enter the new price you are considering and click Recalculate Buyers to see the difference that would make. If you want to make the change, click the Use New Price button to use the new price on the listing, then click Save Listing. Otherwise just click Close to keep the current price.

Check out this short video demonstrating this cool feature:

Wisconsin Housing Report for June

Forewarn - Training and Q&A

FOREWARN is an easy to use app that allows you to assess risk by learning about a new prospect prior to meeting them for a showing. FOREWARN offers free training webinars every month. Join the next session to learn how to best utilize FOREWARN, get insider tips and tricks, and get your questions answered.

 
 

Upcoming Events

 

Upcoming Education and NextKey℠ Events:

July 2025 Statistics Report

 

Upcoming Training Opportunities

PARAGON BASICS

Virtual Learning

Join us online for this free, introductory session on the most common and helpful features in Paragon.

Next Session:

DATE: September 12, 2025

TIME: 10:00 am - 12:00 pm

LOCATION: Webinar (Zoom)

PARAGON BASICS

In Person

Bring your laptop or tablet for this introductory session on the most common and helpful features in Paragon.

Next Session:

DATE: September, 26, 2025

TIME: 9:00 am - 12:30 pm

LOCATION: SCWMLS Office

Paragon Connect Shorts

Learn more about Paragon Connect’s best features with 20-min webinars.



Next Session:

DATE: September, 19, 2025

TIME: 11:00am

LOCATION: Webinar (Zoom)



 

COLLAB CENTER

Virtual Learning

The Collab Center can help with property notifications and provide insights into buyer preferences. Learn to build sites for your buyers.

Next Session:

DATE: September, 24, 2025

TIME: 11:00 am - 11:30 am

LOCATION: Webinar (Zoom)


MAP SEARCH

Virtual Learning

Learn to use Paragon's Map Search functions to hone in on specific geographies and opportunities quickly.

Next Session:

DATE: September, 4, 2025

TIME: 11:00 am - 11:30 am

LOCATION: Webinar (Zoom)


PARAGON CONNECT

Virtual Learning

Join Dave to learn how to use the mobile version of Paragon (Paragon Connect) on your smartphone.

Next Session:

DATE: September, 19, 2025

TIME: 11:00 am - 11:30 am

LOCATION: Webinar (Zoom)