Submitting a sold listing to the MLS for comparable purposes can be valuable for various reasons, such as to obtain attribution for the sale, to provide a good sold comp for appraisal purposes, etc. This Tech Tip provides information on the requirements for submitting a sold comparable listing to the MLS, as well as information on how to enter a sold comparable listing into the MLS system. 

What are the requirements for submitting a comparable sold listing?

• Your brokerage must have been a party to the transaction, representing the buyer or the seller.
• You must obtain written permission from the current owner of the property.
• You must obtain the settlement statement or other applicable sales documentation.

How do I actually enter the sold listing into the MLS.

1. Enter the listing into the MLS like you would enter any other listing into the MLS

• Note: For the “Listing Date” use the date that the property went under contract.

2. Immediately change the listing to the “Under Contract” status, and then immediately change the listing to the “Sold” status.

3. After marking the listing as “Sold,” please send the following information to memberservices@utahrealestate.com within three (3) business days of entering the listing into the MLS:

• The MLS# of the listing.
• A copy of the written permission from the current owner of the property.
• A copy of the settlement statement or other applicable sales documentation.

Please refer to Section 2.13 of the MLS Rules if you have any questions, or feel free to contact our Member Services Department at memberservices@utahrealestate.com or 801-676-5400, ext. 2.