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Mar 3, 2023
The following are some scenarios to better explain this.
Rule 404.3: “If a Listing cannot be shown for three (3) or more days, its status must be changed to “Temporarily Off the Market” (otherwise known as “TOM”), which is not an “Active” status. This includes listings where there is an ‘Acceptable Offer, with No More Showings’, or there are ‘no more showings’ for any other reason unless the listing is Pending, Sold, Canceled or Withdrawn.”
Scenario #1 - Acceptable Offer, No More Showings.
You must immediately change the status of this property to TOM. If that deal fails and showings resume, then you may change the status to “Back On the Market” (BOM).
Scenario #2 - Owner is not available to show until next week.
You must immediately change the status of this property to TOM. You may change the status to “Back On the Market” (BOM) up to 2 days prior to the resumption of showings. So if today is Monday, and showings will resume on Wednesday, you may change the status today to BOM.
Scenario #3 - New listings that are not showing until the scheduled open house.
There are only 3 ways that this may be done: