Coming Soon Status and Clear Cooperation Rule
How "Coming Soon" listings will work in Rapattoni:
- Choose which status you want the listing to be: Active or Coming Soon.
- Enter an On Market Date: this is the date the listing will go from "Coming Soon" to "Active." If your status is "Coming Soon," this date cannot be longer than twenty-one (21) calendar days.
- All fields required for an Active listing are also required for a Coming Soon listing, though some fields will not be active until the listing is Active (choosing Yes to fields like internet, realtor.com, IDX, etc.)
- A picture is still required within seven (7) calendar days for Coming Soon listings just as it is for Active listings.
- Coming Soon listings are searchable in Rapattoni, but they cannot currently be added to Client Portals or Carts.
- An automated email alert will be sent to the Listing Agent three (3) calendar days before a Coming Soon listing is set to go to an Active listing.
- Days on Market (DOM) begins with the On Market Date (OMD) for all listings.
- Statuses available to a Coming Soon listing are Active and Terminated. Therefore, a Coming Soon lsiting cannot go straight to Under Contract or Sold.
- If a listing was entered as a Coming Soon listing, regardless of current status, it cannot be re-rentered as a Coming Soon listing for ninety (90) calendar days.
- Example 1: A listing is entered as a Coming Soon, then Terminated (without going Active). The listing cannot be re-entered as a Coming Soon for ninety (90) days.
- Example 2: A listing is entered as a Coming Soon, goes Active, then changes to ANY OTHER STATUS, the listing cannot be re-entered as a Coming Soon for ninety (90) days.
- Example 3: A listing is entered as an Active listing, then is Terminated, Expired, Sold, Temp Off Market, etc., the listing CAN be entered as a Coming Soon listing. Cooperation Rule
Scholarships - John Walton Educational Foundation
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The John S. Walton Educational Foundation is proud to offer scholarships to full-time students pursuing higher education through Texas Tech University, Lubbock Christian Univeristy, Wayland Baptist Univeristy and South Plains College. Scholarships are awarded at the discretion of the Trustees of the foundation. Applicants must be recommended by a REALTOR member of the LAR. Applications are now being accepted and must be submitted by April 20, 2020.
About the foundation: The foundation is funded through the generosity of the Lubbock Association of REALTORS, its members and outside donations. It was established in 1981 during Mr. Walton's year as President of the Lubbock Association of REALTORS as simply, the Lubbock Association of REALTORS Education Foundation. The Trustees of the Foundation saw fit to rename it in 2016 in memory and honor of Mr. Walton. Mr. Walton, a 40 year REALTOR Emeritus member of the association, dedicated countless hours of service to the Lubbock, Texas and National Association of REALTORS. He served as the President of the Lubbock Association of REALTORS in 1981, President of the Texas Association of REALTORS in 1999, and was appointed to the Texas Real Estate Commission by Governor Rick Perry from 2001 to 2007. He was appointed as Chairman of the Commission by Governor Perry in 2004. Mr. Walton loved this community and the REALTOR profession and the foundation strives to honor his legacy.
