Why was the Listed Coming Soon status/policy adopted?

Earlier this year, the IRMLS Board adopted Clear Cooperation Policy. The goal behind CCP is to create a MLS system that includes ALL active listings in the market place. CCP Policy states a residential listing must be entered into the MLS within 1 business day of marketing the property. The LCS Status was added to create consistent entry and compliance rules for managing Listings with a delayed showing date. The LCS is available in all property classes.

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