When your seller agrees to extend the date on the listing agreement the MLS Property Status Change Form should not be used as that extension agreement since it does not include the requirements stated in MREC Rule 3.2B (in part):
All exclusive listing agreements shall be in writing, properly identifying the property to be sold, and contain all of the terms and conditions under which the transaction is to be consummated; including the price, the considerations to be paid the signatures of all parties to the agreement, and a definite date of expiration. The phrase “all exclusive listing agreements” is meant to include any extensions thereof.
Since the MLS does not require Participants and Subscribers to submit listing changes to the MLS via a form, the current Property Status Change Form is being removed from the available MLS forms on the website. If the MLS has cause to request that a Participant provide proof that a listing agreement was extended, staff would request a copy of the original listing agreement and any written extension thereof that meets the criteria in 3.2B.