by Heather Andrews | Apr 25, 2013 | RMLS News, SentriLock, Videos
Later this year, RMLS™ will be transitioning from the Supra lockbox system to the SentriLock system. We’ve put together a brief video with John Ayers, Vice President of Subscriber Services, walking through the equipment and how to perform basic functions:
[youtube=http://www.youtube.com/watch?v=pso_TiS0z9I]
RMLS™ SentriLock equipment will include the following:

SentriLock Lockbox (NXT wireless model)
SentriCard

Remote Access Device (RAD)

Card Reader
As John mentions in the video, each of the RMLS™ offices now has demo equipment available. We encourage subscribers to visit their local office and test it out!
UPDATE (April 29, 2013)
We’ve taken some photos of a Supra lockbox next to a SentriLock lockbox so subscribers may note size differences. As for weight, using the same scale at the RMLS™ office in Portland, the Supra lockbox is 2.2 pounds, and the SentriLock lockbox is 2.4 pounds.


UPDATE (April 30, 2013)
Subscribers may view a sample SentriLock showing report.
by Heather Andrews | Apr 25, 2013 | RMLS News, SentriLock, Videos
Later this year, RMLS™ will be transitioning from the Supra lockbox system to the SentriLock system. We’ve put together a brief video with John Ayers, Vice President of Subscriber Services, walking through the equipment and how to perform basic functions:
[youtube=http://www.youtube.com/watch?v=pso_TiS0z9I]
RMLS™ SentriLock equipment will include the following:

SentriLock Lockbox (NXT wireless model)
SentriCard

Remote Access Device (RAD)

Card Reader
As John mentions in the video, each of the RMLS™ offices now has demo equipment available. We encourage subscribers to visit their local office and test it out!
UPDATE (April 29, 2013)
We’ve taken some photos of a Supra lockbox next to a SentriLock lockbox so subscribers may note size differences. As for weight, using the same scale at the RMLS™ office in Portland, the Supra lockbox is 2.2 pounds, and the SentriLock lockbox is 2.4 pounds.


UPDATE (April 30, 2013)
Subscribers may view a sample SentriLock showing report.
by Heather Andrews | Apr 22, 2013 | Lockbox, Statistics


This Week’s Lockbox Activity
For the week of April 8-14, 2013, these charts show the number of times RMLS™ subscribers opened Supra lockboxes in Oregon and Washington. Activity increased in Washington but tapered slightly in Oregon this week.
For a larger version of each chart, visit the RMLS™ photostream on Flickr.
by Heather Andrews | Apr 19, 2013 | Distressed Properties, Industry News, Market Trends, Statistics
This chart shows the number of bank owned/REO properties and short sales in all areas of the RMLS™ system during the first quarter of 2013.
Below are links to additional charts for some of our larger areas.
• Portland Metro Distressed Properties (1st Quarter 2013)
• Clark County, WA Distressed Properties (1st Quarter 2013)
• Lane County, OR Distressed Properties (1st Quarter 2013)
• Douglas County, OR Distressed Properties (1st Quarter 2013)
• Coos County, OR Distressed Properties (1st Quarter 2013)
Here are some additional facts about distressed residential properties in the first quarter of 2013:
All areas when comparing percentage share of the market, first quarter 2013 to fourth quarter 2012:
• When comparing the first quarter 2013 to fourth quarter 2012, distressed sales as a percentage of new listings decreased by 6.1% (15.3% v. 21.4%).
• In a comparison of the first quarter 2013 to fourth quarter 2012, distressed sales as a percentage of closed sales increased by 0.9% (24.5% v. 23.6%).
• Short sales comprised 9.2% of new listings and 11.4% of sales in the first quarter of 2013, down 2.1% and down 0.5% from the fourth quarter of 2012, respectively.
• Bank owned/REO properties comprised 6.1% of new listings and 13.1% of sales in the first quarter of 2013, down 4.0% and up 1.4% from the fourth quarter of 2012, respectively.
Portland Metro when comparing percentage share of the market, first quarter 2013 to fourth quarter 2012:
• When comparing the first quarter 2013 to fourth quarter 2012, distressed sales as a percentage of new listings decreased by 7.2% (13.9% v. 21.1%).
• In a comparison of first quarter 2013 to fourth quarter 2012, distressed sales as a percentage of closed sales decreased by 0.6% (22.2% v. 22.8%).
• Short sales comprised 8.7% of new listings and 11.2% of sales in the first quarter of 2013, down 3.3% and 1.1% from the fourth quarter of 2012, respectively.
• Bank owned/REO properties comprised 5.2% of new listings and 11.0% of sales in the first quarter of 2013, down 3.9% and up 0.5% from the fourth quarter of 2012, respectively.
Clark County when comparing percentage share of the market, first quarter 2013 to fourth quarter 2012:
• When comparing the first quarter 2013 to fourth quarter 2012, distressed sales as a percentage of new listings decreased by 3.0% (23.7% v. 26.7%).
• In a comparison of first quarter 2013 to fourth quarter 2012, distressed sales as a percentage of closed sales increased by 1.8% (30.6% v. 28.8%).
• Short sales comprised 14.7% of new listings and 18.7% of sales in the first quarter of 2013, down 3.1% for new listings and up 0.1% for sales when compared to the fourth quarter of 2012, respectively.
• Bank owned/REO properties comprised 9.0% of new listings and 11.9% of sales in the first quarter of 2013, up 0.1% and 1.7% from the fourth quarter of 2012, respectively.
If you’d like more information or percentages of distressed residential sales in other areas not represented by our charts, please contact us at communications@rmls.com.
by Heather Andrews | Apr 18, 2013 | Fun Facts
Citizens of the Pacific Northwest are renowned for a commitment to living green, whether we’re walking our kids to school or composting our kitchen scraps.
How can REALTORS® do their part in maintaining the clean, natural beauty that makes our region such a joy to inhabit? In observance of Earth Day (April 22), we’ve compiled six ideas for real estate professionals who may be looking for ways to be a little more Earth-friendly.
1. Educate yourself!
In the RMLS™ region, educating yourself about sustainability can easily translate into more business. Consider earning a Green Designation from the National Association of REALTORS®—to celebrate Earth Day, in April they’re offering 25% off the course bundle. Or consider taking a course from Earth Advantage Institute, who trains real estate professionals to market and sell green homes.
2. Encourage clients to make energy efficiency upgrades in their homes.
Energy-efficient homes can mean lower utility bills, rebates, tax credits, and more! Energy-efficient homes are also much less likely to go into default, and are highly desirable to home buyers.
3. Consider everyday business practices.
Real estate can generate a lot of paper, other waste, and require a lot of travel. Could you send a PDF rather than printing out a client report? Print marketing materials on recycled paper with soy-based (rather than petroleum-based) inks? Reducing or batching car trips is another tactic that’s good for both the planet and your business—less money spent on gas means more money in your pocket! And if you’re one of the northwest’s many coffee fiends, bringing a reusable mug to your morning java joint is one of the easiest ways to reduce landfill waste.
4. Attend sustainability-minded conferences.
The Better Living Show in Portland is a great place to learn about sustainable products for the home and garden. Likewise, GoGreen is a meeting of sustainability oriented businesspersons, with yearly events in both Portland and Seattle. These events also offer a great opportunity to hear about like-minded vendors and network with potential clients!
5. Take care of green infrastructure in your community.
RMLS™ is contacted regularly by government staff members hoping to reach out to REALTORS® about community facilities. You may not be familiar with green street facilities, multi-use paths/bikeways, and other green infrastructure, but they’re important to the health of the community! They provide community benefits such as reducing traffic congestion, absorbing on-street floods, and providing a more livable community. When you encounter these facilities, avoid disrupting them by placing for sale signs in the public way, as we advised in this recent article about buying and selling a house with green street facilities.
6. Be a recycling resource.
People who are moving from one house to another will have stuff they need to get rid of. Brokers can help clients by providing resources for recycling or reusing goods. Thrift stores, Freecycle, or non-profits such as Dress for Success can utilize clothes and other household goods. Many (but not all) charities accept car donations. Local governments can put people in touch with companies that recycle nearly anything (Clark County and Metro, for example).
There are plenty of ways you can help keep our region’s environment healthy—all it takes is the choice to do so. If you’re interested in cultivating environmentalism in real estate and you’re a member of the Portland Metro Association of REALTORS®, consider getting involved with their sustainability committee—or start one at your REALTOR® association!
Do you have any Earth-friendly tips for fellow REALTORS®?