THE METRO WORD
SEARCH POSTS
Market Reports: October 2021
Active listings are down 2.3% and sold listings are down 11.6% compared to this time last year. The Months of Supply of Inventory experienced an uptick, increasing 10.5% compared to last October.
BeachesMLS Joins MLS Aligned
MLS Aligned, LLC, is proud to announce BeachesMLS is joining MLS Aligned as an owner and member. BeachesMLS serves approximately 41,000 real estate professionals in Southeast Florida.
View Status Categories in Flexmls Hot Sheets
Flexmls Hot Sheets provide you with an easy and efficient way to see the recent changes in a specific area. You have access to two Hot Sheets – the 24-Hour Hot Sheet and the Custom Hot Sheet. Both offer numerous benefits but feature a few distinct differences.
How to Reset Your Flexmls Password
Did you forget your Flexmls password? You can reset your password in a few steps. Here is a quick guide to resetting your password.
Utilizing the Monsoon Drawing Tool
The Monsoon Tax System by Markt is a modern resource that allows you to find tax records and comparable properties efficiently. One way to find these properties is by using the Map during your search. One Map feature you can use is the drawing tool, which allows you to search specific geographic areas.
Using the Radius Search in Flexmls
Does your client want to live within a certain distance from work? The quickest and most effective way to search for properties within a certain distance is by using the radius search in Flexmls.
Disabling Prevent Cross-Site Tracking on Safari
Can you not access WIREdata while using Safari on an Apple product? If you are experiencing issues accessing any third-party websites, you will need to disable Prevent cross-site tracking.
Flexmls Mobile App Available to Members
Do you want to access the MLS while on the go? The Flexmls App for Real Estate Pros provides a fast, easy way for you to search listings and manage contacts from Flexmls. The app is available on your smartphone and tablets.
Market Reports: September 2021
Active listings are down 3.1% and sold listings are down 6.2% compared to this time last year. The Months of Supply of Inventory experienced an uptick, increasing 3.4% compared to last September.
Accessing RapidStats Live Agent Metrics Reports
In the Agent Metrics section of RapidStats Live, you will find various in-depth agent statistics, including selling activity and efficiency. These reports are easy to access and can serve as helpful tools for growing your business.
Can an Active Listing Move into Delayed Status?
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.
Steps to Remember for Practicing Advertising Integrity
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.
Closing a Listing with Non-Metro MLS Member as Selling Agent
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.
Finding ZIP Codes via Map Areas in Flexmls
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.
How to Update Your Contact Information
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.
How to Brand to Your Created Charts in RapidStats
RapidStats 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.
Market Reports: August 2021
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.
How to Create a CMA in Flexmls
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.
How to Embed RapidStats Charts
RapidStats 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.
Editing a Saved Flexmls Search
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.
Check Out the Monsoon Tax System Online Course
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.
How to Customize Your Flexmls Dashboard
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.
RapidStats Live Now Available to Brokers
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.
Market Reports: July 2021
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 Joins Markt as General Counsel
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 Unveils RapidStats Monthly Market Reports
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.
Market Reports: June 2021
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.
What is Markt?
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.
Viewing and Sharing Monsoon Reports
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.
Printing Mailing Labels in the Monsoon Tax System
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 the Monsoon Search Template
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.
Finding Comps in the Monsoon Tax System
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.
Market Reports: May 2021
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.
Can You Virtually Stage Your Listing Photos?
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.
Sign Up for The Metro Word Blog
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 MLS Plays Valuable Role in Real Estate Industry
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 Broker, Will Receive IDX Feed
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 Acquires Showing-Service Platform Agent Inbox
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 names Erika Zignego a Notable Executive Assistant
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.
Check Out the Metro MLS Video Library
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.
Can You Show a Delayed Listing?
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.
Market Reports: April 2021
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.
Can You Advertise a Delayed Listing?
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 Makes it Easier to Upload Videos, Virtual Tours
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 to Acquire Shared Services from Markt
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.
How to Enter a Delayed Listing in Flexmls
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.
Market Reports: March 2021
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.
Realtors Must Honor What is Detailed in Listing Remarks
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.
GMAR Advocates for Fair Housing in the Marketplace
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.
Market Reports: February 2021
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.