The New Status Changes Are Now LIVE In Paragon!!!
The new status changes were successfully implemented on December 7th, 2015. As you are already aware, the primary changes include a new designation for listings that are “Under Contract”; now referred to and labeled as “Pending” (i.e. PIF – Pending Inspection/Feasibility and PAC – Pending Appraisal/Closing). Please see the chart below for info about the changes.
All existing “Under Contract” listings have been re-labeled PAC (Pending Appraisal/Closing). Please be sure your listings reflect accurate information.
Starting TODAY, December 7th, all listings that were previously listed as “Under Contract” and that have inspection and feasibility contingencies MUST be updated with the PIF status (Pending Inspection/Feasibility). Please take a moment to update your listings as soon as possible. New requirements have been added for this status and you will be prompted for the appropriate information by Paragon upon selecting the new status. PIF listings will continue to be IDX’d out to websites along with your Active listings.
For listings that are under contract and pending appraisal/closing (now called PAC), Paragon will prompt with requirements for this status when maintaining the listing as well.
To reiterate, PIF listing will be exported out to IDX websites. PAC listings will NOT be exported out to IDX websites.
The status currently identified as “Withdrawn Temporarily” has being re-labeled to TOM “Temporarily Off Market.” The appropriate form/paperwork is required to be turned into your Association if this status is used. After 30 days, TOM automatically will change to “Withdrawn” and the listing can no longer be modified.
Please observe the chart below for information.
