When a listing is entered into the MLS as a Comp Only listing, no market share is given to either party.
Per SmartMLS Rules and Regulations:
Section 4.13 Non-MLS Closed Transaction.
The Participant shall have the option to enter into the MLS a Non-MLS Closed transaction. A transaction where the property was not listed in the MLS, but where the sale was assisted by the Participant would qualify for entry. Any such Non-MLS Closed Transaction must be filed with the system as incomplete with at least one exterior photo and a Non-MLS Closed transaction form must also uploaded. Non-MLS Closed transactions will not be included in market share statistics but entered for comparable sales purposes only. (Updated 2/19)