![RMLS™ Subscribers May Now Find New Homes Using New Home Source Professional]()
by RMLS Communication Department | Aug 30, 2013 | RMLSweb
Did you know?
• The National Association of REALTORS® expects new home sales to increase by 62% in 2013.
• The median new home price exceeds resale homes by 41%.
• 54% of home shoppers may consider buying a new home.
• 47% of new home buyers will contact an agent before visiting a builder community.
However, only 63% of new homes are actually sold by agents, and only 50% of new homes will be listed on an MLS!
REALTORS® need ways of targeting new homes for sale. New Home Source Professional, now live on RMLSweb and available to all subscribers at no cost, provides this important tool.
Subscribers can connect to New Home Source Professional via the link in the left-hand sidebar of RMLSweb or by navigating to Toolkit in the navigation bar and clicking “New Home Source.” Once on the New Home Source Professional site customized for RMLS™ (left), subscribers can search for and view a variety of builders’ community listings to find that perfect new home for their client.
New Home Source Professional provides RMLS™ subscribers exclusive community information and details about each home such as pricing, rooms, square footage, story, and amenities. The site also provides photos, floor plans, maps, directions, contact information for builders, and exclusive promotions for agents and consumers. Users will also receive weekly email updates on new inventory and incentives. Read more about New Home Source Professional.
As resale inventory shrinks, access to information about new homes become increasingly important. New Home Source Professional can help you find these opportunities, and RMLS™ is happy to help.
by RMLS Communication Department | Jul 18, 2013 | Oregon Real Estate, RMLS News
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The Oregon Association of REALTORS® (OAR) will be holding an annual convention this year, for the first time since 2007.
Stampede to Success will be taking place in Sunriver, OR, September 25-28th. The convention promises a variety of networking opportunities, educational events, and fun. Featured speakers include Dr. Lawrence Yun of the National Association of REALTORS®; Karel Murray, a real estate expert and humorist; and Jeff Beals, an author and motivational speaker.
RMLS™ will be in attendance at the convention, including having a booth at the trade show.
Instead of producing our usual RMLS™ Fall Trade Fair event, we’ll be joining forces with OAR and other Oregon MLS organizations at the trade show, which will have over 40 vendors. SentriLock will be in attendance as well—if you still haven’t had the chance to view the new SentriLock lockbox system, the trade show will be your last chance before our exchange events begin!
See you in September!
Register for Stampede to Success, the 2013 OAR Convention.
by RMLS Communication Department | Jul 12, 2013 | RMLS News, SentriLock
Planning to exit the real estate industry? Need to unload extra lockbox inventory?
Hurry in to RMLS™!
RMLS™ will be ending its standard buyback of used Supra lockboxes on August 1, 2013, as part of our upcoming transition to SentriLock. RMLS™ currently buys back Supra lockboxes at a rate of $40 per lockbox, with a check issued to the subscriber one or two weeks later.
All Supra lockboxes (new or used) sold by RMLS™ after September 1st will be priced the same as a new SentriLock lockbox—$89.
RMLS™ will switch to SentriLock this fall. Events will be held around the RMLS™ region in October and November, allowing subscribers a one-for-one exchange on Supra lockboxes registered in their name. We are currently in the process of finalizing the venues for these exchange events, and subscribers should expect email invitations in early September to register.
Subscribers should also watch for an email from RMLS™ with information about which Supra lockboxes are currently registered to you. Pay attention to this information: at these exchange events, only lockboxes registered to you will be allowed for a one-for-one exchange! (Download a Lockbox Transfer Form here.)
Our trainers and staff have been giving SentriLock demonstrations at offices around the region. If you haven’t been able to see it in person, view this SentriLock demonstration video online!
by RMLS Communication Department | Jun 6, 2013 | RMLSweb
RMLS™ subscribers will have free access to RatePlug starting in mid-June!
RatePlug is a service that allows homebuyers to view real-time mortgage products, payments, and other mortgage details specific to each property they view on RMLSweb. The information is provided by lenders you currently work with and trust. Your customers can interact with the information to zero in on the mortgage program that fits their unique financing needs.
RatePlug also lets your lender prepare detailed, co-branded marketing flyers in seconds that contain property details, property images, your photo, your company logo, as well as mortgage details for your open house events.
The program will be available to RMLS™ subscribers at no additional cost. Lenders are required to pay a license fee to participate.
Features:
- No additional cost for RMLS™ subscribers
- Principal broker or broker selects up to three lenders they want displayed
- Principal brokers can promote in-house lending companies
- Provides customers with valuable mortgage product and payment information while they view each listing (keeping them engaged with your listing rather than searching elsewhere for rates)
- Customers can customize the display to fit their personal financing needs
- Strengthens your referral relationship with your trusted lending partners
- 100% FTC-MAP compliant for recordkeeping and disclosure
- Learning new technology unnecessary—once you enroll, you are done
- Your lender can create detailed, co-branded marketing materials in a matter of seconds
A study of 49,000 purchase transactions in MLS markets across the country showed that properties that featured RatePlug went from listed to contracted 23% faster. Currently, over 50,000 real estate professionals have access to RatePlug, and utilize it on over 500,000 properties per month, seen by 120,000 homebuyers.
Enroll in RatePlug by visiting their website!
by RMLS Communication Department | May 10, 2013 | RMLS News
The RMLS™ Board of Directors recently approved a set of changes to the waiver system, recommended by a Waiver Task Force.
What is a Waiver?
When a principal broker joins RMLS™, all office licensees are also expected to become dues-paying subscribers.
A variety of circumstances may necessitate a request to waive these dues. A licensee may act solely as a personal assistant. Other licensees may oversee property management inside a realty office. A broker may fall ill and need to take time off due to their illness, or stop practicing for another reason. These situations are all common waiver requests.
What is Changing?
RMLS™ is required to give written notice to subscribers about rules changes. Beginning Monday, May 13, 2013, the following changes will take place:
- Individuals on waiver may not have their name or contact information included on any promotional material for any active listing on RMLSweb.
- The minimum time period for a waiver request will be six months, with the exception of an illness waiver, which will be three months.
- A $250 fee for violation of the terms and conditions of the waiver will be applied to participants (principal brokers) as well as the licensee on waiver.
- If a licensed personal assistant is found to be in violation, they will be charged back dues for full access, not to exceed one year.
- The “other” category will be removed, and a “Property Management” category will take its place.
Need to know more? Read the redlined waiver document. Click the links to apply for an RMLS™ waiver as a new subscriber, or apply for an RMLS™ waiver as an existing subscriber.
Subscribers can connect to New Home Source Professional via the link in the left-hand sidebar of RMLSweb or by navigating to Toolkit in the navigation bar and clicking “New Home Source.” Once on the New Home Source Professional site customized for RMLS™ (left), subscribers can search for and view a variety of builders’ community listings to find that perfect new home for their client.