MRED Blog

MRED launched their PLN Status to address the requests of their brokerages who wanted a way to warm up interest in properties while they were preparing them for sale. The PLN status allows every MRED subscriber to gain early exposure to properties before they go fully active. Interestingly, the data shows that properties participating in this early, pre-listing status have fewer double ended transactions than active listings.  

Double-ended transactions by agents have consistently been less common in the Private Listing Network status than in Active status: 

2022: PLN Status 3.3% | Active Status 5.5% 
2023: PLN Status 3.5% | Active Status 5.8% 
2024: PLN Status 3.2% | Active Status 5.2% 
2025: PLN Status 3.3% | Active Status 4.7% 
2026 YTD (as of 8/31): PLN Status 2.9% | Active Status 3.4% 

The data also shows that double ending represents an increasingly small percentage of transactions in either status. 

Since 2022, double-ended transactions in the PLN status have declined approximately 12%, while those in Active status have declined approximately 38%.  

The data does not support the assertion by some that PLN status encourages agents to capture both sides of a transaction. 

At MRED, we believe the best way to address questions about how the marketplace operates is to start with the facts. 

And in this case, the data is clear: the PLN is simply a way to give homeowners the time to prepare their listing or, in rare cases, sell their home without public display.