New MLS Rule – Delayed Marketing Exempt Listings (DMEL)

NWIA’s MLS rules inside Paragon have been updated to reflect the NAR requirement to implement Delayed Marketing Exempt Listings (DMEL) (see Section 1.3 Multiple Listing Options for Sellers).

Form Requirement: If a seller chooses to use DMEL, listing agents must complete the Delayed Marketing document in Form Simplicity and submit it to the Board office within 48 hours.

Time Period: For NWIA MLS purposes, DMEL may be implemented for any time period, up to and including the life of the listing. This requirement may vary among MLS providers, as it is a local decision.

Paragon Entry: When the DMEL option is used, agents must also mark the new “Delayed Marketing” field located under Listing Information on the Paragon input sheet.

Find more information about DMEL on NAR’s website.  An FAQ document is also available on the topic.

Info graphic with options for delayed marketing of a property