MLS Insight is a series about how things work at RMLS™.
The RMLS™ Forms Committee is responsible primarily for what information is collected in Listing Load on RMLSweb. They also consider how that information is available for searching, as well as the contract language in the Exclusive Right to Sell agreement that RMLS™ provides.
Maureen Bonfiglio, RMLS™ Director and Chair of the Forms Committee for the past two years, has actually been a member of the committee for more than ten years. She has reviewed and discussed thousands of suggestions in that time. In her words, “the RMLS Forms Committee is instrumental in providing the best venue possible for the successful marketing of homes for sale. Each year dedicated REALTORS® volunteer their time to serve on this committee to review suggestions from RMLS™ subscribers and address real estate trends. We encourage you to email us with any suggestion you feel would enhance the listing input or provide important information to our membership about a property. If you would like to serve on this committee please contact Christina Smestad at RMLS™.”
The 2015 Forms Committee will meet later in the summer. It usually takes two or three two-hour meetings to review and discuss all the suggestions.
Last year, for example, the committee reviewed about 170 suggestions over the course of two meetings. The work of the committee resulted in 47 recommendations for changes to the collection and searchability of property information, which were all approved by the RMLS™ Board of Directors in November 2014.
Changes approved include additional tax ID fields to denote parcels included with the listing, additional fields in several of the supplement forms, additional values in several fields, and an increased number of value choices in several fields (i.e., increasing Garage Description maximum choices from one to three, and Lot Description from one to two.) Search improvements include a streamlined search for residential listings with dual or multi-household living possibilities and any bedroom on the main floor.
A special subcommittee reviewed the Green/Energy Efficiency fields with the objective of aligning our fields with national efforts by NAR and NAR’s Green REsource Council. This will result in a new Green/Energy Supplement for RMLS™.
You will see most of those changes at the end of July. Two of the recommendations will be released shortly after that. The ability to add up to 24 photos will coincide with the release of updated photo-loader functionality. A new status – Pending Lease Option (POP) – will also be released a little later. Because accepted offers with lease option terms tend to stay in Pending status for extended periods of time, the new status will provide better information about them and better statistics for the accepted offers with other terms.
There has been a standing Forms Committee at RMLS™ since 1991, when our multiple listing service began. This goes a long way to account for the rich dataset RMLS™ maintains about property listed by our subscribers.
The next post will focus on mapping in RMLSweb. If you have questions on any RMLS™-related topic that you would like to have answered, I encourage you to post a comment.