![MLS Insight: RMLS™ and OREF]()
by RMLS Communication Department | Oct 23, 2014
This post is part of MLS Insight, a series about how things work at RMLS™.
RMLS™ is renewing its agreement with Oregon Real Estate Forms to pay for MLS-Connect® for zipForms on behalf of the RMLS™ subscribers who use the OREF Forms. The Board of Directors approved payment of this annual fee of $3.00/OREF Forms subscriber at its meeting in October. MLS-Connect® allows for auto-population from the listing data. We recently audited the available fields, and are sending all the data that is compatible to OREF for use in this functionality.
RMLS™ and OREF are two separate entities with a history of cooperation in serving Oregon REALTORS®. From 2004 through 2010, RMLS™ provided the on-line forms software solution for OREF. The program was based on Microsoft technology, and after six years of operation, some key components were no longer available to support the software that RMLS™ had built for OREF. The REALTOR®-owned zipLogix platform was chosen by the OREF Board of Managers and was launched January 1, 2011. RMLS™ has participated in the MLS-Connect® feature from the beginning to add value for our subscribers.
Thanks to everyone who commented on the last post – Thinking About an MLS Without Area Numbers! As I stated, this is not in the works at this time, but discussion about how things might work in the future is healthy. Technology moves at a great rate, and we don’t always know where it is headed. Even just thinking about doing things in a different way keeps us mentally agile and a little more ready for whatever changes comes our way. Thanks again for participating.
I took a detour this month to tell you about OREF. Next month we will get back to talking about the various departments at RMLS™ and their plans for the upcoming year. If you have any questions you would like to have answered about how things work at RMLS™, I encourage you to post a comment to this blog.
![MLS Insight: RMLS™ and OREF]()
by RMLS Communication Department | Oct 23, 2014
This post is part of MLS Insight, a series about how things work at RMLS™.
RMLS™ is renewing its agreement with Oregon Real Estate Forms to pay for MLS-Connect® for zipForms on behalf of the RMLS™ subscribers who use the OREF Forms. The Board of Directors approved payment of this annual fee of $3.00/OREF Forms subscriber at its meeting in October. MLS-Connect® allows for auto-population from the listing data. We recently audited the available fields, and are sending all the data that is compatible to OREF for use in this functionality.
RMLS™ and OREF are two separate entities with a history of cooperation in serving Oregon REALTORS®. From 2004 through 2010, RMLS™ provided the on-line forms software solution for OREF. The program was based on Microsoft technology, and after six years of operation, some key components were no longer available to support the software that RMLS™ had built for OREF. The REALTOR®-owned zipLogix platform was chosen by the OREF Board of Managers and was launched January 1, 2011. RMLS™ has participated in the MLS-Connect® feature from the beginning to add value for our subscribers.
Thanks to everyone who commented on the last post – Thinking About an MLS Without Area Numbers! As I stated, this is not in the works at this time, but discussion about how things might work in the future is healthy. Technology moves at a great rate, and we don’t always know where it is headed. Even just thinking about doing things in a different way keeps us mentally agile and a little more ready for whatever changes comes our way. Thanks again for participating.
I took a detour this month to tell you about OREF. Next month we will get back to talking about the various departments at RMLS™ and their plans for the upcoming year. If you have any questions you would like to have answered about how things work at RMLS™, I encourage you to post a comment to this blog.
![MLS Insight: RMLS™ and OREF]()
by RMLS Communication Department | Oct 23, 2014
This post is part of MLS Insight, a series about how things work at RMLS™.
RMLS™ is renewing its agreement with Oregon Real Estate Forms to pay for MLS-Connect® for zipForms on behalf of the RMLS™ subscribers who use the OREF Forms. The Board of Directors approved payment of this annual fee of $3.00/OREF Forms subscriber at its meeting in October. MLS-Connect® allows for auto-population from the listing data. We recently audited the available fields, and are sending all the data that is compatible to OREF for use in this functionality.
RMLS™ and OREF are two separate entities with a history of cooperation in serving Oregon REALTORS®. From 2004 through 2010, RMLS™ provided the on-line forms software solution for OREF. The program was based on Microsoft technology, and after six years of operation, some key components were no longer available to support the software that RMLS™ had built for OREF. The REALTOR®-owned zipLogix platform was chosen by the OREF Board of Managers and was launched January 1, 2011. RMLS™ has participated in the MLS-Connect® feature from the beginning to add value for our subscribers.
Thanks to everyone who commented on the last post – Thinking About an MLS Without Area Numbers! As I stated, this is not in the works at this time, but discussion about how things might work in the future is healthy. Technology moves at a great rate, and we don’t always know where it is headed. Even just thinking about doing things in a different way keeps us mentally agile and a little more ready for whatever changes comes our way. Thanks again for participating.
I took a detour this month to tell you about OREF. Next month we will get back to talking about the various departments at RMLS™ and their plans for the upcoming year. If you have any questions you would like to have answered about how things work at RMLS™, I encourage you to post a comment to this blog.
by RMLS Communication Department | Oct 20, 2014
This Week’s Lockbox Activity
For the week of October 6-12, 2014, these charts show the number of times RMLS™ subscribers opened SentriLock lockboxes in Oregon and Washington. Activity in Washington held steady while Oregon saw a decrease in showings this week.
For a larger version of each chart, visit the RMLS™ photostream on Flickr.
![MLS Insight: RMLS™ and OREF]()
by RMLS Communication Department | Oct 16, 2014
This chart shows the number of bank owned/REO properties and short sales in all areas of the RMLS™ system during the third quarter of 2014.
Below are links to additional charts for some of our larger areas.
• Portland Metro Distressed Properties (3rd Quarter 2014)
• Clark County, WA Distressed Properties (3rd Quarter 2014)
• Lane County, OR Distressed Properties (3rd Quarter 2014)
• Douglas County, OR Distressed Properties (3rd Quarter 2014)
• Coos County, OR Distressed Properties (3rd Quarter 2014)
Here are some additional facts about distressed residential properties in the third quarter of 2014:
All areas when comparing percentage share of the market, third quarter 2014 to second quarter 2014:
• When comparing the third quarter 2014 to second quarter 2014, distressed sales as a percentage of new listings increased by 0.3% (7.1 v. 6.8%).
• In a comparison of the third quarter 2014 to second quarter 2014, distressed sales as a percentage of closed sales decreased by 2.0% (8.8 vs. 10.8%).
• Short sales comprised 2.6% of new listings and 3.3% of sales in the third quarter of 2014, down 0.3% and 1.1% from the second quarter of 2014, respectively.
• Bank owned/REO properties comprised 4.5% of new listings and 5.5% of sales in the third quarter of 2014, up 0.6% and down 0.9% from the second quarter of 2014, respectively.
Portland metro when comparing percentage share of the market, third quarter 2014 to second quarter 2014:
• When comparing the third quarter 2014 to second quarter 2014, distressed sales as a percentage of new listings increased by 0.1% (6.2 vs. 6.1%).
• In a comparison of third quarter 2014 to second quarter 2014, distressed sales as a percentage of closed sales decreased by 1.6% (7.2 v. 8.8%).
• Short sales comprised 2.6% of new listings and 3.3% of sales in the third quarter of 2014, down 0.4% and 0.8% from the second quarter of 2014, respectively.
• Bank owned/REO properties comprised 3.6% of new listings and 3.9% of sales in the third quarter of 2014, up 0.5% and down 0.8% from the second quarter of 2014, respectively.
Clark County when comparing percentage share of the market, third quarter 2014 to second quarter 2014:
• When comparing the third quarter 2014 to second quarter 2014, distressed sales as a percentage of new listings decreased by 0.6% (8.8 v. 9.4%).
• In a comparison of third quarter 2014 to second quarter 2014, distressed sales as a percentage of closed sales decreased by 4.7% (11.1 v. 15.8%).
• Short sales comprised 3.8% of new listings and 4.7% of sales in the third quarter of 2014, down 0.9% for new listings and 2.0% for sales when compared to the second quarter of 2014, respectively.
• Bank owned/REO properties comprised 5.0% of new listings and 6.4% of sales in the third quarter of 2014, up 0.3% and down 2.7% from the second quarter of 2014, 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.
This post is part of MLS Insight, a series about how things work at RMLS™.