Important MLS Announcement - Commercial

The Board of Directors approved a new constraint regarding commercial properties in Flexmls based on recommendations by separate Commercial and Residential MLS Committees. Beginning January 1, 2020, any commercial properties over $150,000 must be listed in the Commercial MLS, KAARCIE, and cannot be entered into Flexmls. Any current listings will remain until the listing expires. This new constraint does not apply to land and multifamily categories in Flexmls.

After January 1, 2020, any member wishing to enter a commercial property over $150,000 into the MLS must join KAARCIE, KAAR's Commercial MLS.  The cost to join is $336 per year (prorated based on the join date), and a member's broker must also be a member of KAARCIE. Current Flexmls members and brokers wishing to join KAARCIE prior to January 1 will receive a waived application fee.

When will it take effect? 
Effective January 1, 2020, any commercial property over $150,000 will not be able to be entered into Flexmls.

What happens to my current listings?
Current commercial listings will remain in Flexmls and will remain until they expire.

How was the $150,000 constraint chosen?
The $150,000 constraint allows for KAARCIE to become the primary commercial MLS, but enables agents in rural areas that have smaller commercial properties to still list their properties in Flexmls.

How much does it cost to join KAARCIE?
The cost to join is $336 per year, billed on a July 1 - June 30 cycle. The cost is prorated based on join date.

Does my broker have to join KAARCIE?
Yes, if an agent is wanting to join the commercial MLS, his or her broker must already be a member or be willing to join as well. There is no orientation class to join the Commercial MLS, but Catylist does offer daily webinars Monday through Thursday for training.

If I'm a broker and join KAARCIE, do all of my agents have to join?
No. If a principal broker joins KAARCIE, that enables any agents within that office to join if they choose but they are not required to join.

How can I learn how to use KAARCIE?
Catylist offiers daily webinars Monday through Thursday for training.

Can I still see commercial listings?
Yes, members can still view commercial properties on kaarcie.com, as well as commercialexchange.com, Catylist's national platform.

What are the benefits to joining KAARCIE?
Catylist is a national platform, and members are able to search property across the United States. Greater Chattanooga REALTORS® and Greater Nashville REALTORS® both use Catylist for their commercial listings, and neither of these two associations allow any commercial properties to be entered into their residential MLS. 

If you have any questions regarding the functionality of KAARCIE, please contact Caitland Orlicz, caitland@kaarmls.com.