We have recently added a new option within the Alternate List Type field: Full Service Listing. Additionally, this field is now required when entering a listing.
Going forward, when entering a new listing in Matrix, you will be required to choose one of the three options within this field: Full Service Listing, Limited Service Listing, or MLS Entry Only Listing.
Listings that were entered prior to this change being made (around November 22, 2012) are not required to be updated to include this field, although you are certainly welcome to update your existing listings accordingly.
Here is a brief description of the differences between the three options:
Full Service means that the broker is responsible for providing the seller with all normal brokerage services, including: marketing, MLS input and maintenance, negotiations, etc.
Limited Service means that the broker will provide some services and not others. For example, the agent may list the property on the MLS and handle negotiations, however marketing may be the responsibility of the owner.
Entry Only means the broker is only obligated to enter and maintain the listing on the MLS. All other aspects are the responsibility of the owner.
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