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RealtorEdge
N O V E M B E R 2 0 0 8
MLS Statistics for RAGFL*
MLS
October 2008 iCheck Error Rules and Statistics
Description
Errors
Errors
Errors
Today
Last 30 Days
Previous 30 Days
Contact Info in Remarks Field . . . . . . . . . . . . . . . . . . 2 . . . . . . . . . . . . . . . . . 47 . . . . . . . . . . . . . . . . . 76
Contact Info in Internet Field . . . . . . . . . . . . . . . . . . . 0 . . . . . . . . . . . . . . . . . 11 . . . . . . . . . . . . . . . . . 13
URL in Remarks Field . . . . . . . . . . . . . . . . . . . . . . . . 0 . . . . . . . . . . . . . . . . . 21 . . . . . . . . . . . . . . . . . 32
URL in Internet Field. . . . . . . . . . . . . . . . . . . . . . . . . . 0 . . . . . . . . . . . . . . . . . . 6 . . . . . . . . . . . . . . . . . . 5
Invalid Broward County TaxID in FOLIO Field . . . . . . 0 . . . . . . . . . . . . . . . . . 13 . . . . . . . . . . . . . . . . . 10
Invalid Dade County TaxID in FOLIO Field . . . . . . . . 0 . . . . . . . . . . . . . . . . . . 5 . . . . . . . . . . . . . . . . . . 4
Invalid Palm Beach County TaxID in FOLIO Field . . . 0 . . . . . . . . . . . . . . . . . . 0 . . . . . . . . . . . . . . . . . . 4
Style Mismatch. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0 . . . . . . . . . . . . . . . . . 14 . . . . . . . . . . . . . . . . . 16
Open House in Remarks Field . . . . . . . . . . . . . . . . . . 1 . . . . . . . . . . . . . . . . . . 8 . . . . . . . . . . . . . . . . . . 9
Active with No Showings in Remarks Field . . . . . . . . 0 . . . . . . . . . . . . . . . . . . 6 . . . . . . . . . . . . . . . . . 10
Invalid Compensation Fields . . . . . . . . . . . . . . . . . . . 0 . . . . . . . . . . . . . . . . . . 8 . . . . . . . . . . . . . . . . . . 3
Unacceptable Phrases in Remarks Field. . . . . . . . . . 0 . . . . . . . . . . . . . . . . . 58 . . . . . . . . . . . . . . . . . 50
Unacceptable Phrases in Internet Field . . . . . . . . . . . 0 . . . . . . . . . . . . . . . . . . 5 . . . . . . . . . . . . . . . . . . 5
Unacceptable Information in Subdivision Field . . . . . 0 . . . . . . . . . . . . . . . . . . 2 . . . . . . . . . . . . . . . . . . 2
Branded Virtual Tour. . . . . . . . . . . . . . . . . . . . . . . . . . 0 . . . . . . . . . . . . . . . . . 78 . . . . . . . . . . . . . . . . . 84
Expected Closing Date not updated. . . . . . . . . . . . . . 5 . . . . . . . . . . . . . . . . 681 . . . . . . . . . . . . . . . . 695
DOM Refresh . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 . . . . . . . . . . . . . . . . 336 . . . . . . . . . . . . . . . . 346
Duplicate Listing. . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 . . . . . . . . . . . . . . . . . 78 . . . . . . . . . . . . . . . . . 79
Courtesy Notice Statistics
Description
Notices
Notices
Notices
Today
Last 30 Days
Previous 30 Days
Listings Set To Expire in 10 Days. . . . . . . . . . . . . . 133 . . . . . . . . . . . . . . . 4,248 . . . . . . . . . . . . . . .4,672
Listings Set To Close in 10 Days . . . . . . . . . . . . . . . 41 . . . . . . . . . . . . . . . 1,724 . . . . . . . . . . . . . . .1,641
Agent Reported Statistics
Description
Notices
Notices
Notices
Today
Previous 30 Days
Previous 30 Days
Possible errors reported by members . . . . . . . . . . . 34 . . . . . . . . . . . . . . . . 569 . . . . . . . . . . . . . . . . 615
While it's virtually impossible to manually check every listing entered into the MLS system, iCheck automates a large portion of
that task, making for faster and better oversight. It provides a near real-time level of quality and control, both in verification of
data and rules compliance, and automated notification of corrections needed.iCheck ­ Enhancing the Accuracy of MLS Data
MLS / NEWS AND NOTES
Previous
Previous
October '08
Month Change
Year Change
New Listings
Single Family
1,879
2,027
-7%
2,432
-23%
Condo-Townhouse
2,239
2,140
5%
2,734
-18%
Total all Property Types
6,983
6,765
3%
8,283
-16%
Pending Inventory
Single Family
701
838
-16%
343
104%
Condo-Townhouse
633
607
4%
392
61%
Single Family Sold
Closed Sales
620
572
8%
437
42%
Average Sale Price
$353,512
$344,220
3%
$513,440
-31%
Median Sale Price
$250,000
$260,000
-4%
$335,000
-25%
Total Sold Dollar Volume $219,177,440
$196,893,840
11%
$224,373,280
-2%
Closed in 30 Days
29%
27%
7%
21%
38%
60 Days
16%
16%
0%
17%
-6%
90 Days
10%
15%
-33%
12%
-17%
120 Days
11%
10%
10%
11%
0%
121+ Days
34%
32%
6%
39%
-13%
Condo-Townhouse Sold
Closed Sales
535
508
5%
404
32%
Average Sale Price
$153,842
$184,918
-17%
$214,149
-28%
Median Sale Price
$116,900
$125,000
-6%
$165,000
-29%
Total Sold Dollar Volume
$82,305,470
$93,938,344
-12%
$86,516,196
-5%
Closed in 30 Days
24%
23%
4%
22%
9%
60 Days
17%
15%
13%
18%
-6%
90 Days
14%
13%
8%
12%
17%
120 Days
10%
12%
-17%
11%
-9%
121+ Days
35%
37%
-5%
37%
-5%
Available Inventory
Single Family
11,379
11,720
-3%
12,467
-9%
Months of Available Inventory
18
20
-10%
29
-36%
Condo-Townhouse
14,782
15,086
-2%
16,739
-12%
Months of Available Inventory
28
30
-7%
41
-33%
Total all Property Types
35,975
36,378
-1%
39,543
-9%
*Note: The above statistics were compiled early November, additional sales for October may be reported that are not
reflected.
A priceless RAGFL tool, IMAPP
provides RAGFL Realtors
®
with
one of the most comprehensive
research and marketing tools in the
industry today... and a definite
competitive advantage over other
Realtors
®
who don't have access to
IMAPP or aren't actively using it!
IMAPP integrates county tax
records and property tax histories
directly into
the MLS!
Attached to
every tax
record is the
tax history. Records also indicate ac-
tive listings in the MLS.
IMAPP can also display im-
portant property documents from
county records such as deeds! Use
the mailing label feature for the
easiest labels in the industry. Choose
only the labels you want­­actives,
solds, withdrawns, pendings and ex-
pired are color-coated on interactive
parcel maps!
IMAPP instantly calculates
Comparable Tax Record and MLS
Sales from the prior year for your
subject property. iMobile also offers
all this data via web enabled phones
or pda's.
to view frequently
asked iImapp questions! Attend a
free IMAPP training class and learn
how to:
Search for property tax records
quickly and easily by user defined
criteria, or by using an interactive
tax search map
Access aerial photos, street maps
and flood zone views
Analyze comparable properties
instantly at the touch of a button
Click to access recorded docu-
ments­­print, save, email
Create mailing labels from search
results and print directly from the
IMAPP system
Measure Approximate Area/
Distance/Perimeter of Multiple
Parcels
Calculate tax record and MLS
sales from the prior year (or
your choice of timeframe) and
automatically provides a pro-
jected sale price for your subject
property
Access Monroe County Tax Data
­­ new!!!! Added October 20,
2008
iMapp Training
Schedule for
November ­
December 2008
RAGL is proud to offer training
opportunities at three convenient
RAGFL facilities.
Tuesday, 11/4 1:30 p.m.-4:30 p.m.
RAGFL East Auditorium
Thursday, 11/20 9:30 a.m.-12:30
p.m. RAGFL West Auditorium
Wednesday, 12/10 1:30 p.m.-4:30
p.m. RAGFL East Computer Lab
Monday, 12/22 9:30 a.m.-12:30
p.m. RAGFL West Auditorium
Sign up for free IMAPP training
today by calling 954-563-7261 or
going to
Another valuable tool from the
Realtor
®
Association of Greater Fort
Lauderdale, Inc. (RAGFL)­­your
partner in business!
iMapp is What Sets You
Apart!
Are you using this Power Tool?
Did You Know?...
While IMAPP is already recognized as an industry
leader in providing tax roll data, parcel maps and integrated MLS information, you may
not be aware that IMAPP also provides information on Foreclosures as part of RAGFL's
Premium Service package. Members with access to foreclosure data can quickly and
easily search and access current updates on foreclosure activity in an area!