CREB® Member Practice would like to remind you that when listing half of a duplex, the correct property sub-type to use is “Semi-Detached.”
While semi-detached properties are commonly called duplexes, these properties must be classified as semi-detached when they are inputted in the MLS® System.
On the MLS® System, when inputting a full duplex that is on one title, “Duplex” should be selected in the “Property Sub Type” field (this field is nested under the structure category). If inputting a semi-detached listing (also known as a half-duplex), “Semi-Detached” should be selected in the “Property Sub Type” field.
Please note, you cannot sell only one side of a duplex if both sides are under one title. If you are selling both sides of a duplex, and each side has its own title, you would list this property under the “Multi-Family” property type and “Duplex” sub-type.
These differences in classification are summarized in the following chart:
Property Type |
Property Sub-Type |
Notes |
Residential |
Duplex |
Used when selling both sides of a duplex with one title |
Semi Detached |
Used when selling one side of a duplex |
|
Multi-Family |
Duplex |
Used when selling both sides of a duplex with two separate titles |
If properties are not classified correctly on the MLS® System, there is a chance they will not receive maximum exposure.
For more information or questions, contact CREB® Member Practice at crebmp@creb.ca or 403-781-1336.
{ 0 comments…}