*Note* Important MLS Updates Coming May 16, 2016

We have received some questions since our announcement about the requirement for the Buyer Agent contact information when a listing goes Under Contract.

Please note that once the Buyer Agent’s information is inserted, it will only be visible to the Listing Agent, the Buyer’s Agent and their respective Brokers.
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A common frustration expressed by our members is the buyer’s agent being left out when a listing goes under contract. On May 16, 2016 we will be addressing this issue by requiring the buyer’s agent to be listed in order to change a listing to ‘Under Contract’.

Due to the federal and state laws, our Brokers have requested that the MLS require the upload of the lead paint disclosure for all properties built prior to 1978. We will be updating our system on May 16, 2016 to require that the lead paint disclosure document be uploaded when listing any property built prior to 1978.

On May 16, 2016, two important MLS updates will be implemented into the system:
1. The Buyer Agent name (*or “Non-MLS”)  will be required in order to change a listing status to Under Contract2. The Lead-Based Paint Disclosure will be required in order to list a property built prior to 1978

Please see this .pdf for details:
May 16, 2016 – Important MLS Updates (.pdf) >>

We have also created a slide deck for you to use at your meetings for this announcement:
May 16, 2016 – Important MLS Updates (.pptx) >>

 

Tech Tip – Statistic of the Month: Daily Snapshot Report

The Daily Snapshot Report shows the number of listings that were Active, Under Contract, Withdrawn, and Off Market on a particular day, or between two dates, in the past. This report was built in response to the many requests from our members, to provide much needed statistical data in order to better track changes in the market. It shows a comparison in the market between dates (for instance, comparing today to this date last year). This report has the ability to show these statistics going back to February 22nd, 2011 (when we began collecting the snapshot data).

The Daily Snapshot Report does not include sold data. This is because the Sold statistics can be found in a number of other statistical reports, such as the Sales Per Month report and the Quarterly Comparison. The Daily Snapshot was built to show data that was not previously available in any other report (the number of Active, Under Contract, Off Market, and Withdrawn listings on a date in the past). As sold listings are Static (meaning, they are clearly marked as sold on a particular date, and can easily be tracked), we did not include sold data in the Daily Snapshot.

We have a video with details about how to use the Daily Snapshot Report here:

Continue reading

Tech Tip – Find Your (or another agent’s) Transactions on the MLS

Occasionally, we are asked how to get a list of transactions, of listings that have been sold by a particular agent on the MLS. Here is a quick guide to finding the transactions of a particular agent on the MLS.

To find the historical transactions of an agent on the MLS (including your own listings), first open a Residential – Full search. Do this by clicking on Searches, then under Residential, click on Full. Scroll down to the Listing section (near the bottom).

In the Agent field, type all or part of the agent’s name. Wait a moment, then select the agent and brokerage below. This will show all listings where that agent was the Listing Agent (represented the seller).

Note: It will show the agent’s current or last known brokerage next to their name. However, the system will show all listings added to the MLS by that agent, regardless of their brokerage at the time of the listing.

To select only the Sold listings of that agent, select Sold in the Status field at the top of the search. To find all of their historical transactions, change Include Historical Data to Yes, in the yellow bar at the top of the search page (this will show all listings added to the MLS since WFRMLS was created in 1996). You can then click on View Results to view or print those listings.

To find the transactions where an agent represented the buyer, return to the search and remove the agent’s name from the Agent field. Scroll down to the Sold/Date section, and enter the agent’s name in the Sold Agent field. Again wait a moment, then select the agent’s name and brokerage below.

You will need to perform this search in each property class separately (Residential, Multi Unit, Land, Commercial, Farm).

For more information, please see our video on this topic (about three minutes): Searching for Properties by Agent or by Brokerage Office

More help is available by viewing our training videos and guides here:  “How To” Video Tutorials & FAQ’s, or by clicking on “How-To” Videos in the light gray bar at the top of Utah Real Estate. You can find more Tech Tips by clicking on the category on the right.

If you have any questions, please contact our Technical Support department at support@utahrealestate.com, or by calling 1-800-236-1462, between 8am and 5:30pm, Monday through Friday. Thanks!

April’s MLS Office Meeting Slides

April’s MLS News and Updates slides are now available for your next meeting!

April’s MLS Sales Meeting Message (.pptx) >>
April’s MLS Sales Meeting Message (.pdf) >>

MLS Sales Meeting Message Highlights:

  • March 2016 Utah Housing Market Report
  • IDX FAQ’s
  • System Update: Millcreek City Option
  • Coming Soon: Multi-Polygon Search
  • Free C.E. Class Dates and Times

If there is anything that you would like addressed in future messages, please let me know! I’d love to hear from you: kat@utahrealestate.com (801-676-5408).

Thank you for your participation, I hope you find these short messages useful.

Note: You can access past messages through the “Sales Meeting Messages” category in MLS news.

March MLS Office Meeting Slides

March MLS News and Updates slides are now available for your next meeting!

March MLS Sales Meeting Message (.pptx) >>
March MLS Sales Meeting Message (.pdf) >>

MLS Sales Meeting Message Highlights:

  • Welcome Carbon Emery
  • Just Released: CMA Report Enhancement
  • Newly Designed Mortgage Calculator for Android
  • Coming Soon: Multi-Polygon Search

If there is anything that you would like addressed in future messages, please let me know! I’d love to hear from you: kat@utahrealestate.com (801-676-5408).

Thank you for your participation, I hope you find these short messages useful.

Note: You can access past messages through the “Sales Meeting Messages” category in MLS news.