![Realtors Property Resource®: Coming Soon to RMLSweb!]()
by Christina Smestad | Sep 13, 2013
RMLS™ has partnered with Realtors Property Resource® (RPR) and starting September 25th, RMLS™ listing data will be available on RPR to RMLS™ subscribers. RMLS™ subscribers will have access to hundreds of datasets on over 150 million properties across the country through RPR at no additional cost. These reports include:
- Tax assessments
- Notices of default (NODs)
- The largest database of foreclosure and pre-foreclosures in the country
- Mortgage and history data
- Value estimates, refinements, and comp analysis
- Neighborhood and demographic information
- FEMA flood maps
- School zoning and information
On RMLSweb subscribers will be able to quickly access a listing on RPR using the button on the search results screen or at the bottom of an Agent Full report:
RMLS™ and RPR have also integrated ZIP code statistics at the bottom of the Agent Full report on RMLSweb (below). Click the green button (above) that says “[+] RPR Statistics by Zip” to view these statistics, which are based upon the listing’s ZIP code, county, and state.
Additional features and reports will be available by logging in to the RPR website.
RMLS™ subscribers don’t need to take action to register: RPR will be pre-registering our subscribers using their NRDS ID in order to simplify access. Once RPR has created each user’s account (starting September 24th) RPR will send an email to the subscriber.
RPR training sessions will be available for subscribers during the week of September 30th, held at multiple locations across the RMLS™ region (Portland, Vancouver, Tigard, Gresham, Eugene, and Roseburg). Register for an informative RPR training session here.
Watch for an email from RPR with user information starting September 25th!
If you have any questions about your RPR account or the RPR website, please visit the RPR Help Desk or call (877) 977-7576.
![Realtors Property Resource®: Coming Soon to RMLSweb!]()
by RMLS Communication Department | Sep 6, 2013
RMLS™ strives to provide property and tax data in one location for all counties where our subscribers do business. Currently RMLS™ maintains over 2.3 million property records encompassing 43 counties in Oregon and Washington.
Each county has its own assessor and its own system for maintaining property and tax records. Many systems are one of a kind—one county system still uses 3×5 cards! Although some counties provide a website where individual tax properties can be researched, many counties do not provide such convenient access.
RMLS™ obtains data from the county itself or from another tax provider and then processes it into a standard RMLS™ format. The data is quality checked to the best extent possible. Updated property and tax data is then deployed to RMLSweb each week on Tuesday evening.
Depending on availability and other factors, sales are updated either weekly, quarterly, or biannually. Some counties do not provide sale data at all. It is important to remember that regardless of the update schedule, RMLS™ data will always lag a little compared to data from the county itself. This is especially true of tax amounts due to the volume of processing required.
Along with a defined primary set of property data (tax ID, acres, site address, market values, sales data, etc.) each county also has a unique set of ancillary data (heating, foundation, parking, etc.). Each data item also has a “fill factor” unique to each county. For example, in Baker County 98% of properties have a zoning value, in Jackson it is 83%, in Tillamook it is 72%, and in Benton it is 0%. RMLS™ analyzes these data items and factors and then displays the most relevant data on the tax report. Every county’s tax report is therefore slightly different.
The property and tax data also contains errors and omissions. Humans, computers, and governments are involved in the process and mistakes do occur. Whenever a subscriber encounters such a situation, they should contact us (you can reach me at kim.h@rmls.com) and provide sufficient details (county, tax ID, description of error) so that research can be done and the proper correction made. Most cases are resolved with the next update from the county. In the meantime, subscribers are advised to put a comment about any tax issues into the listing’s private remarks field.
![Realtors Property Resource®: Coming Soon to RMLSweb!]()
by RMLS Communication Department | Aug 30, 2013
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.
![Realtors Property Resource®: Coming Soon to RMLSweb!]()
by RMLS Communication Department | Aug 30, 2013
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.
![Realtors Property Resource®: Coming Soon to RMLSweb!]()
by RMLS Communication Department | Aug 30, 2013
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 Christina Smestad | Aug 8, 2013
This is a blog post by RMLS™ Data Accuracy Liaison Vallerie Bush (at left). Vallerie is a 15-year veteran of RMLS™, including over a decade working with RMLS™ Rules and Data Accuracy.
Do you know the difference between ER and EA?
There are a number of terms used in RMLSweb listings that are rather technical and may seem confusing. The following is a list of some commonly used terminology and their meanings which will help you when entering or viewing a listing:
Exclusive Right to Sell (ER): This is one of the options in the “List Type” field. The seller gives the Listing Broker the exclusive right to sell their property for a specified period of time and authorizes the Listing Broker to cooperate with and compensate other RMLS™ brokers, with no exceptions.
Exclusive Agency (EA): The exclusive agency listing also authorizes the Listing Broker, as exclusive agent, to offer cooperation and compensation on blanket unilateral bases to other RMLS™ brokers, but the seller reserves the right to sell the property without paying a commission, if the buyer is not obtained by the listing agent or their advertising and marketing efforts. You must select EA in the “List Type” field if an Exclusive Agency agreement exists.
Dual or Variable Rate Commission Agreement: This is an arrangement in which the total commission paid by the seller is variable and dependent on who brings in the buyer. For example, the commission offered by the seller may be different should the property be sold by the listing broker, than if the listing is sold by a cooperating broker. You must enter a YES in the “Total Comm. Differs” field of your listing if an agreement exists.
Owner: The term “Owner” can represent: 1. the person or persons who have legal ownership of the property; 2. their authorized agent; or 3. someone with the legal right to sell the property. However, the RMLS™ definition of the term owner does not include a person or persons who merely has the right to purchase the property, but does not yet own it. The owner’s name is required to be entered in the listing under “Owner” field unless an Owner Name Omission Form or similar document is submitted to RMLS™.
If you have any questions, contact us at rules@rmls.com or at (503) 236-7657.
