March Real Estate Events & Education

Spring into action this March with free RMLSweb training

Here’s a quick rundown of upcoming real estate events & education for March in Oregon & Southern Washington. If you have an event that is not listed here, please let us know by commenting below. For future events, please send an e-mail to communications (at) rmls (dot) com.

Save the Date:

-April 1: RMLS™ hosts the 2010 RMLS™ Trade Fair at the Oregon Convention Center, 10 a.m. to 4 p.m.

Events around the Region:

-March 4: The Eugene Association of Realtors® offers “I Have My License, Now What?” course

-March 6 & 7: Home Builders Association of Metropolitan Portland hosts Tour of Remodeled Homes

-March 11: Women’s Council of Realtors® – Portland Chapter hosts Business Resource Breakfast: Referrals & Networking

-March 11: PMAR® –Recognizing Fraud in Today’s Marketplace educational event

-March 17: PMAR ® hosts Navigating the Realtor® Code of Ethics training seminar

-March 25: Clark County Association of Realtors®  hosts RPAC Dessert Auction at The Heathman Lodge

Also, if you’re an RMLS™ subscriber, we have lots of FREE opportunities for continuing education credit at a location near you; click the link for your area to view the March Training Calendar:

– Coos County
Eastern Oregon
– Eugene
Florence
– Gresham
– Hood River
– Portland
– Roseburg
– Salem
– Vancouver

Extreme RMLSweb Makeover: Statistics

Extreme RMLSweb Makeover: Statistics

New statistics menu makes spotting market trends easier

You may have noticed that the Statistical Reports in RMLSweb recently got a facelift and moved to a new location on the NavBar. But what does this mean for your business? Here are three ways that you can use these new reports to answer real world questions:

Price Reductions – You just got a new listing and you’re excited, but you’re discovering that the seller’s expectations of how much the property will sell for are a little unrealistic and you’re not sure how to talk them down. Their neighbor sold theAverage Median Price by Monthir house for $385,000 this time last year and it’s only a 3 bedroom, 2 bath. Because your sellers have a 3 bedroom, 3 bathroom house they’re convinced that it should sell for at least $400,000, but you know the market has changed in a year and homes aren’t selling for as much as they were back then. Unfortunately, they’re not taking your word for it. Try running a Market Trends report for 12 months back in that MLS area, which will provide you with charts and data about how the average price has changed during the last year.

Foreclosures & Short Sales – With the changing economy, the question on everyone’s mind these days is, “How do short sales and foreclosures perform in today’s market?” With Advanced Search you can search by Bank Owned Yes to find out how many foreclosures sold last year in your market or Short Sale Yes to find out how many active listings in your area are short sales. Be sure to check Show Summary on the Search Results page and then scroll to the bottom of the page to get some additional statistics about your results, such as CDOM (for SLD statuses only), Average Price and Average SQFT.

Understanding FAverage Median Price by Sold Termsinancing Trends Through your conversations with buyers you get the sense that the types of financing they are using today seems to be changing, but you’re looking for some data to back up your hunch. Look no further, because running our Market Stats Comparable Summary report can tell you this information.

We would love to hear how you utilize these tools in your day-to-day business. Feel free to leave a comment below. To schedule a training session on this new release, call your local RMLS™ office, or e-mail training@rmls.com.