What do I enter for the buyer broker ID for a non-member on a contingent listing?

Modified on Wed, 13 May at 8:09 AM

When changing a listing to Closed status, if the Buyer’s Broker is not a member of MRED, enter Broker ID 99999, press tab, and check the box "Check here to confirm that the Buyer Broker is not a member of MRED."

Use Broker ID 99995 when reporting a listing as Closed if there was no cooperating broker involved in the transaction or if the listing is new construction.

Here are the step by step directions:

Go to your Listings/Transactions
Click the Edit Pencil next to your listing
Select Edit Listing Status/Price
Next to Change Status To: select Contingent/Pending
Enter the Contract Date
Select the Contingency Flag
Next to Buyer Broker ID, enter 99999 – you do not want to use the lookup tool - then press tab to see a box that states "Check here to confirm that the Buyer Broker is not a member of MRED" Check the box.
Fill out the Continue to Show field and anything else applicable, and press Save.