In order to transfer active listings between two companies, we need to receive both of the following:
- A reassignment form/letter created by the original broker to reassign listing(s) to the new company. This document, which must be signed by the seller, listing agent and both Brokers, will carry out the terms of the current listing agreement. The reassignment form/letter must be uploaded to the listing as a private contract.
- A new listing agreement will need to be obtained and submitted to SmartMLS (please send to firstname.lastname@example.org). It must be fully executed under the new company and will be uploaded by SmartMLS to the listing as a private contract.
If the current company has already completed a listing termination, the listing(s) will need to be canceled in the MLS under the current office and re-entered as New under the new office (the new listing agreement must be uploaded as a private document). In these instances, we can assist with cloning the listing(s) for the agent.