Audits on listings set to pending and under contract status will begin on Jan. 27.

Brokers and agents must ensure that any listings under these two categories are adjusted to the appropriate status when the transaction has been completed or has ended. Properly updating the status of listings helps to ensure data on the MLS^® System is accurate and up to date.

One hundred listings will be randomly selected from the MLS^® System for this audit, and appropriate enforcement action will be taken for non-compliance.

If you have any further questions about quarterly audits, please contact CREB^® Member Practice at crebmp@creb.ca.