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Enter the legal municipality in this field. This may be different than the postal city and should reflect the legal location of the property. There is an approved exception for a property that is located in a Township. If the municipality is a township, you have the option to select the Postal City for the…
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Projected closed date is a required field added when the status is Pending. This lets the agents and appraisers know when the listing is projected to close. If the listing is still in pending status and the projected close date is seven (7) days past the date added, NorthstarMLS will send an automatic notice. If…
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Select the status that best represents the current status of the development: Raw land – land with no improvements Plat Designed – plans have been drawn for the development or are still being finalized Plan filed – a master plan has been submitted for approval to the local government Plan Approved – the development plan has been approved…
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What is disclosure statement? A property disclosure statement is a required document in most states, one completed by the seller to inform the buyer of any material defects or information by law to be mentioned. What is a TISH inspection? Truth in Sale of Housing – TISH are meant to inform the seller and buyer of…
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Supplements NorthstarMLS offers a supplement section in the MLS. Supplements are not required but are a best practice. Agent Supplements can be branded. This section is used for private information, not for public consumption. Agents may provide information off this document as they deem necessary. Public Supplements can have no branding of any sort including, but not…
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Mandatory Service Area NorthstarMLS requires all listing in conformity with the categories found in section 3.1 be added to the MLS within (2) two business days (Excluding state or federal holidays) of a fully executed contract if the property falls within the Mandatory Service Area; All of Minnesota, Buffalo, Pepin, Pierce, Polk, and St Croix. See Section 3 of the policy manual for the…
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NorthstarMLS does allow for agents from within the same brokerage or different brokerages to enter a joint listings. No more than two listing agents may be entered as the listing agents (one listing agent and one co-listing agent). Additionally, only one listing may be entered to NorthstarMLS and the entering brokerage must enter the listing…
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Parties utilizing the facilitator agreement often are unsure if and how a sale can be reported to NorthstarMLS using the agreement. SELLER As the agreement allows for each service provided, including entry into NorthstarMLS as a listing. When inputting a facilitator agreement, follow the same guidelines and as you would with an exclusive right to…
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NorthstarMLS rules only require that a bedroom can be counted as such, if the county or city recognizes a space as a legal bedroom. Under Minnesota state law, the minimum requirements for a legal, conforming bedroom include a room having at least 70 square feet and one egress window or door directly exiting the structure. …
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Agents may add Commercial Properties For Sale and For Lease to NorthstarMLS. This would be done by adding two separate listings. When adding the listings, the main listing would have the PID as shown on the tax record and the second listing would show as TBD. To add the address on the second listing, you…