How-To Guides

Closed: How to Update Your Property Status to Closed

To mark your home Closed, log in to your Beycome dashboard and open Listings. Open your listing’s Status menu (or, if your listing is under contract, click Edit listing, then Change status) and select Closed. Enter the closing date, closing price, payment term and your closing company’s name, phone and email. Upload the closing statement (a signed closing statement, ALTA, or HUD), then click Save status. Our team reviews it and updates the MLS, which helps you avoid an MLS fine.

Did you just have a successful home sale close? The next step is one of the most important to keep in mind when it comes to finalizing your home transaction. This action is required if your home was listed on beycome.com, with or without having purchased our flat fee MLS packages. You will need to update your property information as soon as your property has closed successfully so that we may adjust your listing status on our platform and on the MLS accordingly and avoid an MLS fine.

Step 1: Log in to your Beycome dashboard

Start by logging into your Beycome account. Always use your own login credentials. For security and compliance reasons, Beycome only accepts listing updates directly from the property owner’s account. This protects your information and prevents unauthorized changes.

Once inside your dashboard, locate your active or recently active listing.

Step 2: Change the listing status to Closed

From your dashboard, open Listings. If your listing is active, click its Status button. If it is under contract or temporarily off market, click Edit listing, then Change status. Select Closed to begin the update process. This action tells the system and the MLS® that the transaction has completed and that the property is no longer available.

After selecting “Closed,” the system will prompt you to enter your closing details.

Step 3: Enter your closing information

Carefully complete all required closing fields. You must provide the following information:

  • Closing date

  • Closing price

  • Payment term

  • Closing company name, phone and email

Accurate information matters. The MLS® uses these details for recordkeeping, market statistics, and compliance purposes. Take a moment to review everything before moving forward.

Step 4: Upload required documents

Next, upload your closing statement. A signed closing statement, ALTA, or HUD is accepted (PDF, DOC, DOCX, JPG or PNG, up to 20MB).

This document is mandatory. Without it, Beycome cannot finalize the status change. Make sure the file is clear, complete, and readable before uploading.

Step 5: Confirm your update

After entering the information and uploading the closing statement, click the Save status button. This step submits your request to Beycome’s system.

Once submitted, one of our customer service representatives will review the information and update your property’s status. This review ensures accuracy and compliance with MLS® rules before the update goes live.

Important security and compliance rules

For security reasons, Beycome only accepts listing changes through your Beycome account. We cannot process updates requested by email, phone call, or third party. This policy protects homeowners and keeps listings compliant with MLS® standards.

If someone else helped with your transaction, you must still submit the update yourself through your account.

When this update is required

You must complete this step if your home was listed on Beycome.com, whether or not you purchased a flat fee MLS® package. Any property that appears on Beycome and connects to an MLS® record requires a proper closing update.

Keeping your listing current helps maintain accurate market data and ensures a smooth experience for future buyers and sellers.

How much can you save selling and buying with Beycome?

If you sell a $400,000 home, you save up to $20,000 compared to a traditional way. And if you buy your next place with us, you also get 2% back at closing. Seriously.