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Commercial MLS Changes

Updated as of 8-1-24

CAAR MLS Rules & Regs and MLS System Changes Effective Mon., Aug. 5th

Will there be any compensation/commission fields removed from Catylist, CAAR’s commercial MLS system?

Yes, see below.

Does a REALTOR need to enter into a written agreement before touring a commercial property?

The NAR Settlement is for residential properties and transactions, not commercial properties or transactions. However, under Virginia law, an agent is required to have a signed buyer brokerage agreement upon entering into a brokerage relationship with a buyer – even for commercial properties.

Mon., Mar. 11th and Mon., Mar. 4th Release of Enhancements

Mon., Mar. 11th release – 1. True owner contacts and 2. Zoning code linked to Zoneomics

Mon., Mar. 4th release – 1. New image carousel

Issued on March 11th, 2024

Mon., Dec. 4th, 2023

Moody’s, CAAR’s vendor for the Catylist commercial MLS system which feeds CVCMLS.com, just announced the tax assessor data assigned to property records allow CAAR commercial member subscribers to focus their research efforts in analyzing public record information in one place. A new “Taxes” section on the Property Details tab of property pages that reports a property’s tax burden and assessed value for the most recent year available from the county assessor. A Tax Card information page and PDF export that includes the property’s current and historical tax and assessed value, as well as an overview of its structural attributes, ownership, location details, chain of title, and deed/mortgage history.

Tues., Nov. 7th, 2023

On behalf of the Commercial Council, CAAR’s Catylist MLS system platform was upgraded as of Tues., Nov. 7th. As a reminder, the Catylist MLS system directly feeds the Central Virginia Commercial (CVC) MLS public search engine.

Watch a 10-minute video to learn about the enhanced features of Catylist, including:

  • Search Off-Market Properties
  • New Table View to Edit, Sort and Save Searches
  • Property Analytics
  • True LLC Owners
  • Variant Tenant Data
  • Loan Data & Tax Cards and more…

Additional Updates:

  • Email Broadcast default coverage area has been updated to include Orange and Augusta Counties. You can view all areas included by going to your Email Preferences section on your dashboard.
  • Multiple PDF’s can be attached to listings under “Media/Flyers”, but should not include anything confidential, i.e., financials, disclosures.
  • Transaction data errors – The errors identified were not a result of the transition and are not transactions that were entered by CAAR brokers. Information marked as “Public Record” in the system is transactional data imported from our 3rd party resource and we are looking into the issue.
  • How to set up an automated weekly update of new listings and searches.
  • RPR link – We are currently working to link this to the commercial MLS, stay tuned.
  • How to request parcel changes:
    • On the property page, use the “Let us Know” link at the bottom of the screen
    • If you are adding a new listing, use the “Request Parcel Change” link, left side of screen. Changes are typically made within a couple of hours. If needed immediately reach out to support.
    • Need help? Call support at: 212.553.1653 x 9.

Questions?

Please contact support@caar.com

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