Listing management with new board update
Feed Update – Transitioning to RESO on March 14th
On March 14th, 2025, we will be updating our data feed to adopt the Real Estate standard Organization (RESO) format. This change brings several improvements to how listing statuses are managed and how agents appear in the system.
What’s Changing?
New Listing Status Process
Listings will remain in "Active and/or Conditional" status until their expiration date, unless manually updated by a user for a different status.
On the expiration date, if no action has been taken, the listing will automatically move to "Expired."
Listing Expiration & Status Control
Users now have more control over listing status updates. Listings will no longer automatically change to "Sold," "Suspended," or "Cancelled" based solely on board data.
If you manually update a listing’s status before it expires (for example, to "Sold"), the system will not send unnecessary expiration reminders and will not update the status as expired.
Expiration Reminders
Automatic reminders for listing expiration will only be sent if the listing’s status has not been manually updated.
If a listing has already been marked as "Sold" or another final status, no reminder will be triggered.
Agent Dropdown List
The agent selection dropdown will now only show agents who have an agreement with us.
Brokerage Notifications
Notifications to brokerages will better reflect the actual status updates made in the system, ensuring clearer communication and reducing unnecessary alerts.
Changes | Advantages |
|---|---|
Data Format | Adopting a standard (RESO TRREB) to make it easier for different systems to share and understand listing data. |
Status Management | More control for users over status updates. |
Listing Expiration | Automation of the transition to "Expired" status if no action is taken. |
Agent Display | The dropdown list is more targeted, showing only partner agents. |
Expiration Reminders | Reduction of unnecessary reminders if a status is updated before expiration. |
Agency Notifications | Allows better management of reminders based on actual updates. |
Overall Changes and Updates:
Review your internal processes to ensure timely manual updates to listing statuses.
Be aware that the agent dropdown list will now only display brokers with active agreements.
Reminder notification are reflected based on your changes.
Need support? Reach out to us at support@nexone.ca