July 2018
-The Show Date field is now available for optional entry on active listings. Show Date has been a required field for delayed listings, but was not available for active listings. If a listing is not ready for showings, an agent has the option to put that listing into delayed or active status. If set to active, MLS rules require the listing to include the date showings will begin in the first line of the MLS public remarks. This is still mandatory, as the date showings will be allowed must be made clear on public websites. You can find the Show Date field under the Showing Info section when adding/maintaining a listing. Showing dates are automatically blocked off within ShowingTime until the Show Date.
Important Reminder: If you enter a Show Date for either a delayed or active listing, and have to change that date (either forward or backward), remember to contact agents who have set up a showing based on the original show date, to reschedule based on your new show date. ShowingTime does not do this automatically for you.
-ShowingTime reports that the national average for showing feedback is 72%. SCWMLS members are a bit above average, completing feedback requests 76% of the time
-Within Paragon, you can change the fields that display on the spreadsheet list of properties that come up after a search. Click Customize from the closest toolbar above, and select Fields. The box on the right lists the fields that currently display on your spreadsheet. If you want to remove a field, simply click on the field and click Remove. If you want to add a field from the left box, click on the field and then on Add. If you do not see the field you would like to add, click on the Group box at the top to display different types of fields (i.e. Feature Categories). You can also use the Move Up and Move Down buttons to change the order the fields appear on your spreadsheet. Click on Save and Close to apply your changes. Your customized spreadsheet will now come up each time you display the spreadsheet. There is a Revert to Default button on the bottom if you mess up.
-RatePlug is a valuable tool that lets you share home payment affordability factors directly within any property listing you send your clients, which can get your buyers asking questions about financing earlier, to avoid snags later.
- Displays only your trusted lending sources
- Displays calculations based specifically on the listing being viewed
- Delivers interactive, real-time mortgage programs, payments and qualifying information to your clients
- Identifies special financing options available (FHA, VA, USDA, etc.)
- Includes Property Flyer Program for your listings
Click here to learn more, or to sign up for this tool that is included FREE for MLS members.
3 Common Questions Regarding Delayed Listings:
-My seller is still not ready for showings on day 45…what do I do? A listing can only be in the status of Delayed, or as Active with No Showings for 45 days. If a seller is still not ready to show their property on day 46, an extension can be granted. Simply have the seller provide a request for an extension including the reason why. This can be as simple as an email from the seller saying…I am not ready because the painters have been delayed. Forward this request to the MLS at listings@wisre.com for an extension up to another 45 days. If the MLS does not receive a seller request for an extension, MLS staff will send an email to the listing agent on day 46 as a reminder, and will then move the listing to MLS Suspended.
-Why are some no showings until listings in an Active status instead of Delayed? We are generally seeing two reasons a new listing is not available for showings right away. The first is the property is not ready to be marketed due to needed clean up, timing for professional photos, desired staging, etc. You will find these listings in the Delayed status as the listing agent does not want them to be viewed by the public yet. In the second situation, the property is all ready for public viewing, but the seller and listing agent decide to pick a launch date, often starting with an open house. You will find these listings in Active as the seller and agent want the public to see them. The listings in Active must include the date showings will be allowed in the first line of the public remarks. Our rules regarding “no showings until’ listings have taken both situations into account, and allow agents the flexibility to market these listings as either Delayed or Active.
-I listed a property on Monday, and entered it as Delayed on Friday, why is Days on Market showing as 4 days? For all listings, days on market starts counting at List Date and subtracts days in an off-market status. As this listing was entered 4 days after the list date, the time between the list date and the day entered was counted. If you want to avoid a days on market calculation for your Delayed listings, you should enter them on the list date. For days on market calculations, the list date is day 0 and the day after the list date is day 1.