Realtors Association of Northeast Wisconsin

MLS

What is LIM and How Does it Work?

Listing Input and Maintenance (LIM) allows MLS Participating companies to enter and edit their own MLS listings through the Paragon program. 

Company Responsibilities:

  • Participating company managers will want to inform their agents/staff of the LIM/MLS Rules, ensure that the agents/staff have been trained, and review individual company policies before allowing their agents/staff to enter or maintain listings in Paragon.
  • Participating LIM companies will inform MLS Membership when new agents/staff have been trained and authorize access to LIM.
  • All the company's listings must be entered and maintained through the LIM program, regardless of whether the individual listing agent has LIM access. Management or administrative staff with their higher security level can enter/maintain listings for those agents who have not yet been authorized for LIM access.

Every person who will be using LIM must complete training. Paragon's Online Academy (the short program required for new agent access to Paragon upon joining MLS) includes very basic LIM instruction and does not qualify a member to be granted LIM access. RANW MLS's recorded webinar (link can be found below) provides LIM instruction and qualifies members for LIM access. Offices can train their own agents/staff as well.

Recorded webinar link

 

Company LIM Access:

  1. Broker MUST take the following training HERE. 
  2. Submit the LIM Office Paricipation Form (below) to cdreger@ranw.org.
  3. When you have completed the LIM webinar, have the broker/manager of your company email cdreger@ranw.org to give you LIM access to enter your own listings. 

How Listing Maintenance Works (general information):

New Listings:

  • Using LIM, members enter data for a new listing directly into Paragon and save it to an Unconfirmed listing visibility. All required information and supporting documentation must be provided, and all timelines met just as it is with submitting MLS data sheets.
  • After the listing information is pulled into the iChecker program, MLS Data Compliance staff will review and "confirm" the listing so that it will appear as a new listing on Paragon's Market Monitor and be available to MLS members in searches and Collab Center prospect carts.
  • All listings are processed on a first-in, first-out basis during regular RANW business hours. If there are errors or missing required information on a listing, Data Compliance staff will contact the listing agent/office and request corrections. Once those corrections are made and/or missing information provided, the listing will be processed by the timestamp of the correction on a first-in, first-out basis.

Changes to Existing Listings:

  • Using LIM, members retrieve their listing data and make changes to the listing. All required information and supporting documentation must be provided and all timelines met.
  • Upon saving the changes, the new information will be "live" in Paragon immediately.
  • Per MLS Rules and Regulations, Status changes (including Offer Statuses) must be made within 24 hours.

Closing Listings/Reporting Solds:

  • In LIM, all listings must be entered into a Pending status before they can be entered as Sold.
  • The proper sequence would be for a listing to be edited from Active to Active with one of the Offer Status options (accepted offer with or without a bump clause) until all contingencies to the offer have been met.
  • Once all contingencies have been met, when no showings or other offers will be accepted, the listing is put into the Pending status.
  • The Sold Days on Market is based on the calculation of List Date to Pending Date.
  • If the sale falls through, a listing can be taken from the Pending status and put Back on Market.
  • If the sale is completed, the closing information would be entered in LIM to take the listing from the Pending status to a Sold status.
  • Per MLS Rules and Regulations, Status changes must be made within 24 hours.
  • Please note: backdating a pending date to manipulate the DOM will not be allowed.

The iCheck Data Checker Program:

An automated tool has been added on the "back end" of the MLS database to check certain data fields and documents as part of the process of confirming a listing or reviewing listing changes. This tool, known as the iChecker, will alert members to any questionable or missing information. Depending on the alert, members may receive a courtesy notice (which does not necessarily require action on the member's part) or an alert of a data violation, which may escalate and result in a monetary fine if not corrected.

The iChecker runs hourly, refreshing new listings with uploaded listing contracts for Data Compliance review and confirmation. For new listings to have a possibility of being confirmed the same business day that it was entered, the listing contract must be uploaded before the 4 p.m. iChecker update begins.

Supporting Documentation and Training:

Paragon Connect's Listing Input and Maintenance Help Site http://paragonconnect.paragonrels.com/paragon/inputmaintenance

Recorded Webinar from RANW MLS:

Listing Input and Maintenance, as presented by Gary Arnett, one of Paragon's trainers, in December 2023. Viewing this 1 hour webinar, along with review of all of the information/links found on this page will qualify a company and its agents for LIM access. LIM Video 

Data Sheets include help tips, explanations, and rules reminders that – when used by LIM offices for listing entry – reduce the number and occurrence of errors when saving the listing. All members are strongly encouraged to use the data sheets to gather listing information before entering the listing into LIM.

Submit A Listing – Details