Mar 17, 2015 | MLS®, Stats & Technology |
You broker load your listing, give it a quick glance and hit “Submit”. The listing is now active and is being sent out to hundreds – maybe thousands – of other members’ clients who have been set up with a saved prospector search. And then you notice the listing price is incorrect.
Of course you change the price right away, but that first incorrect price is now shown as the “Previous Price”.
RAHB MLS® staff have been receiving many calls asking for the previous price to be removed from the listing because the listing price was entered incorrectly. This is happening often enough that it is obvious that members are not carefully checking their listings before hitting that “Submit” button.
Here’s a tip – print out a report of your listing instead of just glancing at what’s on the screen. Seeing the information on paper may let you see typos you might not see on the screen. And when you check your listing, make sure you look specifically at the following five fields, as experience shows they are the most likely to contain errors:
• Listing Price
• Commencement Date
• Expiry Date
• Selling Commission
• Sellers Names
Mar 12, 2015 | MLS®, Stats & Technology |
You are searching in the Southern Georgian Bay section of CONNECT for a listing on a property in Meaford but you can’t find it. So maybe the property was listed by a member of the REALTORS® Association of Grey Bruce Owen Sound , or the Barrie and District association, or TREB.
Until now, you would have had to search through various associations’ databases on CONNECT to find that one listing in Meaford. But no more! A unified search is now available in CONNECT – just insert the MLS® number or the property address and you will find the listing, no matter which association’s MLS® System processed the listing.*
Unified search allows you to search Active and Sold listings across all of the CONNECT member boards and associations* from one simple search interface. The unified search interface will provide five basic search criteria fields – MLS®#, Price Range, Property Type, Status and Address. Following a search, the matching results from all CONNECT member boards and associations will be presented on an interactive map view which can also be toggled to a thumbnail grid view. You can click on any of the results views to view additional listing information, or email or print a Client or REALTOR® listing report.
*Note: Oakville/Milton (OMDREB) listings are currently unavailable in the Unified Search results. Oakville listings should be available in the unified search results shortly.
Main Search Interface
Map Result View
Grid Result View
New Email & Print functionality for Client & REALTOR® Reports
Mar 9, 2015 | MLS®, Stats & Technology |
Members are reminded that they should, by now, be using the 2015 OREA listing agreement forms. The deadline for switching to the new form was February 10, 2015.
Mar 9, 2015 | MLS®, Stats & Technology |
The Bancroft and District Real Estate Board is now on CONNECT.
Mar 5, 2015 | MLS®, Stats & Technology |
Later this year, RAHB will be part of a regional MLS® system and members will have a bright, shiny new MLS® system and access to listing information of eight real estate associations (including RAHB).
Here are the basics:
- RAHB will join with the associations in Brantford, Cambridge, Guelph, Kitchener-Waterloo, Niagara, Oakville-Milton and Simcoe to form the regional group
- A regional MLS® system means that access agreements, access membership and interboarding will no longer be required among the participating associations
- The MLS® System is being built specifically for the regional system on CoreLogic’s Matrix platform – a system that is faster and better than Fusion and – best of all – works on all devices
- The regional system will serve over 7,000 REALTORS®. That means we can expect to see some savings on services and products
Want to know more?
Mar 5, 2015 | MLS®, Stats & Technology |
RAHB Average Price by District – (#) Residential Unit Sales
Hamilton
Hamilton West, 10 – 12
Hamilton East, 23, 24, 27 – 29
Hamilton Centre, 13, 14, 20 – 22
Hamilton Mountain, 15 – 18, 25 & 26
Burlington – 30 – 38
Outlying
Flamborough, 40, 43 – 45
Dundas, 41
Ancaster, 42
Waterdown, 46
Stoney Creek, 50 – 52
Glanbrook, 53
Grimsby, 54 -55
West Lincoln, 56
Smithville, 57
Dunnville, 61
Cayuga, 62
Calendonia/Hagersville, 63 & 70
Onieda/Seneca, 71 & 64
Rainham, 65
Canborough/Dunn, 60
Moulton/Sherbrooke, 60
Mar 5, 2015 | MLS®, Stats & Technology |
Recently RAHB has been receiving requests to make sales changes to amend the selling salesperson’s name.
When the listing brokerage reports the sale, they likely report the selling salesperson to be the salesperson who presented the offer and completed the deal. However, many members work as part of a team, on behalf of a specific member, and sales are credited to the team leader.
When you are the selling salesperson on an offer but wish your team leader to be credited with the sale, you must ask the listing brokerage to amend the sale information. You must do this as soon as possible, as the listing brokerage must report the amendment within five business days of the original report of the sale, as per RAHB’s MLS® Policy:
Sales
- Any corrections to a firm Agreement of Purchase and Sale report, with the exception of revisions to the closing date, must be submitted within five (5) business days of the original report of sale.
Feb 20, 2015 | MLS®, Stats & Technology |
The Southern Georgian Bay Association of REALTORS® (SGBAR) has just joined CONNECT. Members can now use CONNECT to search for current and recent MLS® information for the areas covered by the Southern Georgian Bay association – Midland-Penetanguishene, Victoria Harbour, Port Severn, Oro-Medonte, Wasaga Beach, Collingwood, Blue Mountains, Meaford and points in between.
Feb 17, 2015 | MLS®, Stats & Technology |
In December and January we received a number of questions about the new regional MLS® System and about removing the MLS® Rules and Regulations from the Bylaws. The answers to those questions (taken from the Facebook and LinkedIn group pages and sent directly to the association) are now available on REALTOR Link® –http://beta.realtorlink.ca/content/realtorlink/on/hamilton/en_CA/mls—-it/regionalmls/fyi.html (REALTOR Link®>MLS & IT >Regionalization>You Asked?)
Feb 17, 2015 | MLS®, Stats & Technology |
MLS® Policies – MISCELLANEOUS
- No personal contact information relating to the REALTOR® may appear in the REALTOR® remarks section of a listing. If the REALTORS® personal contact information is included, MLS® staff is to remove it and a $50 fine levied to the Member.
Where the seller directs the listing REALTOR® in writing to do so, the seller’s contact information may appear in the REALTOR® only remarks (non-public) section of the listing on the Association’s MLS® system.
- No personal contact information relating to the REALTOR® with the exception of a direction to visit the REALTOR®’s website to obtain more information may appear in the internet ad copy/public remarks. If the REALTOR’S® personal contact information or specific website address, with the exception of a direction to the REALTOR’S® website, is included, MLS® staff will remove it and a $50 fine be levied to the Member.
What is the “personal contact information” referred to in the policies? See the list below:
- Member’s first name, last name or both; team name
- Member’s office name
- Member’s phone number (cell phone, direct line, etc) or fax number
- Member’s office phone number or fax number
- Any toll-free number or direct appointments phone number
- Any email addresses or website links
- Note: Multi-media links (virtual tour, brochure, additional images) must appear in their respective fields and not in the remarks
If any of the above items are found in either REALTOR® or public remarks, they will be removed and the member will be fined, as per the policies. Questions regarding the policies should be directed to the MLS® Dept at 905.667.4650.
Feb 5, 2015 | MLS®, Stats & Technology |
(February 5, 2015 – Hamilton, Ontario) The REALTORS® Association of Hamilton-Burlington (RAHB) reported 716 property sales processed through the RAHB Multiple Listing Service® (MLS®) system in January. This represents an 8.3 per cent decrease in sales compared to January of last year.
There were 1459 properties listed in January, a decrease of 2.8 per cent compared to the same month the year prior. End-of-month listing inventory was 10 per cent lower than last January.
“The winter chill was reflected in the January real estate market,” said RAHB CEO Ross Godsoe. “It’s usual for January to see fewer listings and sales, but this January we saw fewer than average.”
Seasonally adjusted* sales of residential properties were 2.6 per cent lower than the same month of the previous year, with the average sale price up 7.2 per cent for the month. Seasonally adjusted numbers of new listings were two per cent higher than the same month the year prior.
Actual overall residential sales were 7.7 per cent lower than the previous year at the same time. Residential freehold sales were 6.3 per cent lower than last January while sales in the condominium market saw a decrease of 14.2 per cent.
“Do lower listings and sales indicate that the market is starting to balance out?” added Godsoe. “It’s too early to tell for sure. It is interesting to note that January’s sales-to-listings ratio is lower than it’s been for awhile, but for a January, it’s actually quite high – higher than average, in fact.”
The average price of freehold properties showed an increase of 8.5 per cent compared to the same month the previous year; the average sale price in the condominium market increased by 1.7 per cent when compared to the same period.
The average sale price is based on the total dollar volume of all properties sold in the RAHB market area. Average sale price information can be useful in establishing long term trends, but should not be used as an indicator that specific properties have increased or decreased in value.
The average days on the market decreased from 55 to 46 days in the freehold market and from 57 to 51 days in the condominium market when compared to the same month the previous year.
Every community in RAHB’s market area has its own localized residential market. Please refer to the accompanying chart for residential market activity in select areas in RAHB’s jurisdiction.
*Seasonal adjustment removes normal seasonal variations, enabling analysis of monthly changes and fundamental trends in the data.
Established in 1921, the REALTORS® Association of Hamilton-Burlington (RAHB) represents more than 2,700 real estate brokers and sales representatives from Hamilton, Burlington and outlying areas. Members of the association may use the REALTOR® trademark, which identifies them as real estate professionals who subscribe to a strict code of ethics. The association operates the local Multiple Listing Service® (MLS®) and provides ongoing professional education courses for its members. In addition, RAHB is an active participant in the Home Ownership Affordability Partnership (HOAP) and holds an annual auction in support of local charities. Advertisements of local MLS® property listings and information about the services provided by a REALTOR® can be found at www.REALTOR.ca. More information about RAHB is available at www.rahb.ca.
Feb 5, 2015 | MLS®, Stats & Technology |
