THE METRO WORD
Can an Active Listing Move into Delayed Status? No. If you entered the property as active and it should be delayed, withdraw it immediately and copy the listing and add it as a new listing with the Delayed status set.
In a busy housing market, it’s important to remember the steps for practicing advertising integrity. Advertising integrity is important to remember, as it’s the law and MLS policy.
If you need to close out a listing in Flexmls, but the selling agent is a non-Metro MLS member, you need to follow specific steps to close the listing correctly. You need to select Non-Metro MLS member and put the information in the private remarks section.
Is your client looking for a house in a particular ZIP code? Flexmls allows you to use a ZIP code overlay to select your desired ZIP codes efficiently and see the boundaries of each ZIP code.
The Ryder Cup is currently taking place at Whistling Straits, one of the United States’ top golf courses, in Sheboygan, Wisconsin. The tournament might be causing some homebuyers to have an interest in living on a golf course.
If your contact information has changed, it is crucial to update it as soon as possible in Flexmls. Your contact information appears on reports, member searches and emails, so it’s important the information remains up to date at all times.
RapidStats Live allows you to brand your created charts in the My Charts section. There are numerous customizable options for your created charts, including the branding option. Remember, the My Charts are great marketing tools, and you can embed your created charts onto your website.
Active listings are down 2.9% and sold listings are down 1.7% compared to this time last year. The Months of Supply of Inventory also saw a slight decrease, dropping 1.2% from last year.
Flexmls makes it easy to create a Comparative Market Analysis (CMA). A CMA estimates a home’s value based on recently sold data of similar properties in the immediate area. Here is a quick tutorial on how to create a Full CMA in Flexmls.
RapidStats Live allows you to embed the custom-built charts you create in the My Charts feature on your website. After you create a chart in the My Charts feature, you will have the option to embed your chart on your website or download an image or PDF version of the chart.
It’s common for homebuyers to change their search parameters throughout the buying process. You can easily edit their saved search in Flexmls to match your client’s needs. But before you make any changes, here are a few nuances to keep in mind.
RapidStats Live allows brokers to share reports they create via email. Brokers can email the reports immediately or set a delivery schedule for their reports. Scheduling reports allows you to receive an automatic email without having to send it each time manually.
Are you using the Monsoon Tax System by Markt? If you aren’t, we highly encourage you to use it. Monsoon combines MLS data and tax and sales data from local municipal and county assessors into a modern, easy-to-use interface.
Did you know you can customize your Flexmls dashboard? You can modify your dashboard by selecting from a list of preassembled options or by creating your own. It is easy and convenient, allowing you to set your Flexmls dashboard to your desired preference.
Metro MLS has a self-paced online course available to teach brokers about the features and benefits RapidStats Live offers and how it can help you in your daily business. RapidStats Live is an industry-leading interactive reporting and market analytics tool from Markt.
Metro MLS is now offering RapidStats Live, an industry-leading interactive reporting and market analytics tool from Markt, to brokers for a 90-day free trial. RapidStats Live will assist you in your day-to-day business by giving you timely, accurate and comprehensive information.
The sellers’ market continued in July, with the median sales price increasing while inventory levels and days on market decreased compared to last July. View the July 2021 Monthly Market Reports to see an in-depth look at the market.
Betsy Hanson has joined Markt® as general counsel. Hanson comes to Markt with a strong MLS background, having highly successful stints at the Council of Multiple Listing Services (CMLS) and Cape Cod and Islands Association of Realtors (CCIAOR). She brings a critical eye to the legal challenges MLSs are facing.
Metro MLS is now offering a new and enhanced version of the monthly market reports to provide more accurate statistics to members. RapidStats will replace the 10K Market Indicator Reports as the provider for Metro MLS’s monthly market reports.
Metro MLS is now offering a new and enhanced version of the monthly market reports, with RapidStats serving as the new provider of these reports. The June RapidStats Monthly Market Reports gives members access to more accurate monthly data that better reflects the current market.
Markt is our joint venture with ARMLS® (Arizona Regional Multiple Listing Service) that started in April 2018. It has allowed us to partner with another top MLS to serve our members better.
Have you ever wanted to share property details with your clients on the information you found in the Monsoon Tax System by Markt? Monsoon makes it easy to customize and share reports in just a few clicks.
Do you have hundreds of cards, letters or mailings that you want to send out to potential clients? Instead of hand addressing each item, the Monsoon Tax System by Markt allows you to print off address labels in just a few clicks.
Customizing your search template in the Monsoon Tax System by Markt allows you to obtain results based on specific criteria you can’t find in the default templates. A custom search template will allow you to save search fields you use most often, so you don’t have to add them each time you search.
The Monsoon Tax System by Markt has a tool that makes it easy to find comparable properties. The comps tool is simple to use. You can generate comps with one click while also having the option to modify your search criteria.
As the weather warms and the first day of summer rapidly approaches, the U.S. housing market shows little sign of cooling down. Robust buyer demand, fueled by low mortgage rates, continues to outpace supply, which remains near historic lows.
Once your seller accepts an offer, you need to change the status to Active with Offer or Pending in Flexmls. These two statuses are similar, but they differ in what the seller and potential buyers can do once an offer is accepted.
Are you planning on virtually staging your listing photos in the MLS? You can do this, but you must disclose that you have virtually staged the photos in the public remarks section.
You are missing out if you have not signed up for The Metro Word blog at MetroMLS.com. Signing up to receive our blog messages via email is a fast and convenient way to stay informed on all the latest news and information.
The multiple listing service (MLS) plays an essential role in helping real estate brokers and agents provide clients with a quality experience that makes homeownership a reality. Metro MLS is Wisconsin’s largest MLS, serving more than 9,000 real estate professionals. It provides valuable resources and information that positively impact brokers, agents and consumers.
Zillow is now a licensed brokerage entity and Metro MLS member. Zillow’s change from a real estate media company/portal to a brokerage will allow them to display listings enrolled in the IDX program starting June 1.
MLS Aligned, LLC, a group of forward-thinking Multiple Listing Services focused on building industry-leading technology for its over 100,000 MLS subscribers, has acquired the technology assets of RE Agent Solutions, LLC, the owner of the Agent Inbox technology.
BizTimes Milwaukee has recognized Metro MLS’s Erika Zignego as a Notable Executive Assistant. Zignego has worked as Metro MLS CEO Chris Carrillo’s executive assistant for five years. Besides assisting Carrillo, she is the vice president of accounting, oversees human resources and manages numerous Metro MLS programs.
The Video Library allows members to learn about relevant topics to grow their skills at their convenience. The available videos are on various topics, including Flexmls® and Data Integrity.
The Delayed listing status allows the seller additional time to prepare the home if it is not ready for showings. But when a property is in Delayed status, no showings of any kind are allowed until the property moves to Active status.
April was another strong month for home sales. The busy spring market continues to see many multiple offer situations driving sales prices above the asking price. While housing affordability remains an area to watch as prices continue to rise, strong buyer demand and limited housing supply show no signs of easing soon.
The Delayed listing status allows the seller to offer a sneak peek of its property to potential buyers before it hits Active status. It is a way for the seller to prepare the home for showings while the listing agent starts generating interest in the property.
Flexmls has made it easier for users to add, edit and manage videos and virtual tours. Flexmls also no longer requires you to upload a branded and unbranded version of your videos or virtual tours.
realMLS has entered into an agreement with Markt for shared services to enhance its MLS offerings. realMLS joins Metro MLS and ARMLS in the Markt venture.
The Delayed listing status is in place to help sellers who need additional time preparing their home for showings. It is not considered a best practice or a tool for agents to use when selling a home.
Normal spring increases in sales activity and relaxing COVID-19 policies created a bustling March real estate market. A busy and competitive buyer market is likely ahead with existing home sellers and new construction activity below necessary levels to bring the market back into balance.
You can specify when the seller will review offers. But if you include this language in a listing, you must honor that information and not accept an offer before the specified date.
The Greater Milwaukee Association of REALTORS® continually educates and reminds its nearly 5,000 members and the public of the importance of upholding the Fair Housing Act’s principles.
Mortgage interest rates ticked a bit higher in February but remained below their February 2020 levels. With rates still at historically low levels, home sales are unlikely to be significantly impacted, though higher rates impact affordability.
Flexmls® makes it easy to view past and present listings from a specific member or office in Quick Search. By searching for listings from a particular member or office in Quick Search, you can tailor your search to your desired listing preferences to net more precise results.
If you haven’t been using the Monsoon Tax System’s map feature, you might be surprised by all it can do. Have you ever wondered what other information the map provides? Here is a guide on how to use the map tool in Monsoon.
Metro MLS has made it easier for two or more licensed agents to work together at the same brokerage. For those who consider themselves to be a team, Metro MLS has the Teams program available. You also can sign up an assistant for Flexmls® access.
Dave Schmidt is extremely successful in the real estate industry even though he is just a one-person independent brokerage. He primarily assists clients in the Milwaukee metropolitan area, helping them through the home buying and selling experiences while also conducting business in the rental market.
January started well for the housing market, with healthy buyer demand and strong market fundamentals. A robust increase in housing starts in December points to an active year for new construction.
Metro MLS is reviewing its agreement with ShowingTime to ensure Zillow follows the obligations that are in place. We also are exploring the best options moving forward to make sure we are offering the best product to our members.