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RealtorEdge
M AY 2 0 0 9
MLS Statistics for RAGFL*
MLS
April 2009 iCheck Error Rules and Statistics
MLS
Description
Errors
Errors
Errors
March 27
Last 30 Days
Previous 30 Days
Contact Info in Remarks Field . . . . . . . . . . . . . . . . . . 4 . . . . . . . . . . . . . . . . 113 . . . . . . . . . . . . . . . . . 79
Contact Info in Internet Field . . . . . . . . . . . . . . . . . . . 1 . . . . . . . . . . . . . . . . . 43 . . . . . . . . . . . . . . . . . 47
URL in Remarks Field . . . . . . . . . . . . . . . . . . . . . . . . 3 . . . . . . . . . . . . . . . . . 40 . . . . . . . . . . . . . . . . . 26
URL in Internet Field. . . . . . . . . . . . . . . . . . . . . . . . . . 1 . . . . . . . . . . . . . . . . 127 . . . . . . . . . . . . . . . . . 27
Invalid Broward County TaxID in FOLIO Field . . . . . . 1 . . . . . . . . . . . . . . . . . . 5 . . . . . . . . . . . . . . . . . . 7
Invalid Dade County TaxID in FOLIO Field . . . . . . . . 0 . . . . . . . . . . . . . . . . . . 2 . . . . . . . . . . . . . . . . . . 5
Invalid Palm Beach County TaxID in FOLIO Field . . . 0 . . . . . . . . . . . . . . . . . . 0 . . . . . . . . . . . . . . . . . . 0
Style Mismatch. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0 . . . . . . . . . . . . . . . . . 10 . . . . . . . . . . . . . . . . . 10
Open House in Remarks Field . . . . . . . . . . . . . . . . . . 0 . . . . . . . . . . . . . . . . . 15 . . . . . . . . . . . . . . . . . 10
Active with No Showings in Remarks Field . . . . . . . . 3 . . . . . . . . . . . . . . . . . 21 . . . . . . . . . . . . . . . . . 13
Invalid Compensation Fields . . . . . . . . . . . . . . . . . . . 0 . . . . . . . . . . . . . . . . . 10 . . . . . . . . . . . . . . . . . . 6
Unacceptable Phrases in Remarks Field. . . . . . . . . . 5 . . . . . . . . . . . . . . . . . 54 . . . . . . . . . . . . . . . . . 46
Unacceptable Phrases in Internet Field . . . . . . . . . . . 0 . . . . . . . . . . . . . . . . . 12 . . . . . . . . . . . . . . . . . 10
Unacceptable Information in Subdivision Field . . . . . 0 . . . . . . . . . . . . . . . . . . 2 . . . . . . . . . . . . . . . . . . 3
Branded Virtual Tour. . . . . . . . . . . . . . . . . . . . . . . . . . 5 . . . . . . . . . . . . . . . . . 85 . . . . . . . . . . . . . . . . . 89
Expected Closing Date not updated. . . . . . . . . . . . 149 . . . . . . . . . . . . . . . 1611 . . . . . . . . . . . . . . . . 927
DOM Refresh . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0 . . . . . . . . . . . . . . . . 172 . . . . . . . . . . . . . . . . 154
Duplicate Listing. . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 . . . . . . . . . . . . . . . . . 59 . . . . . . . . . . . . . . . . . 73
Courtesy Notice Statistics
Description
Notices
Notices
Notices
Today
Last 30 Days
Previous 30 Days
Listings Set To Expire in 10 Days. . . . . . . . . . . . . . 189 . . . . . . . . . . . . . . . 3,647 . . . . . . . . . . . . . . .3,729
Listings Set To Close in 10 Days . . . . . . . . . . . . . . 124 . . . . . . . . . . . . . . . 2,704 . . . . . . . . . . . . . . .2,349
Agent Reported Statistics
Description
Notices
Notices
Notices
Today
Previous 30 Days
Previous 30 Days
Possible errors reported by members . . . . . . . . . . . 15 . . . . . . . . . . . . . . . . 412 . . . . . . . . . . . . . . . . 516
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
The following data base
changes were implemented
in the SEF MLXchange
data base:
Photo Instructions
The only value for selection
is 1PLUS - a pop up win-
dow will display on RE1,
RE2 - One(1) photograph
representative of the proper-
ty must be uploaded within
two(2) business days after the
listing is submitted into MLS.
Lender Approval
If Short Sale is equal to "Y"
then you will be required to select
"approved" (already obtained from
lender) or "unapproved" (meaning
lender approval acquired).
MLXchange Database
Changes Affect Short Sales
Some real estate
brokerages offer
real estate broker-
age services online.
These VOW web-
sites are referred
to as Virtual Office
Websites ("VOW").
In addition to the property being
displayed on the internet with its
street address displayed, an automat-
ed estimate of market value (AVM),
or reviews and
comments (blogs)
about a property
may also be dis-
played.
Anyone who
registers on a Vir-
tual Office Website
may gain access to such automated
valuations or comments and reviews
about any property displayed on a
VOW. View the full disclosure
New Virtual Office
Disclosure Form Now
Online
Previous
Previous
April '09
Month Change
Year Change
New Listings
Single Family
1,537
1,433
7%
2,370
-35%
Condo-Townhouse
1,892
1,816
4%
2,617
-28%
Total all Property Types
5,686
5,153
10%
7,764
-27%
Pending Inventory
Single Family
1,202
929
29%
644
87%
Condo-Townhouse
1,131
901
26%
652
73%
Single Family Sold
Closed Sales
638
516
24%
548
16%
Average Sale Price
$285,886
$308,460
-7%
$437,740
-35%
Median Sale Price
$211,000
$220,000
-4%
$300,000
-30%
Total Sold Dollar Volume $182,395,268
$159,165,360
15%
$239,881,520
-24%
Closed in 30 Days
32%
25%
28%
24%
33%
60 Days
14%
19%
-26%
17%
-18%
90 Days
11%
13%
-15%
10%
10%
120 Days
10%
10%
0%
12%
-17%
121+ Days
33%
33%
0%
37%
-11%
Condo-Townhouse Sold
Closed Sales
744
581
28%
638
17%
Average Sale Price
$120,043
$139,116
-14%
$219,047
-45%
Median Sale Price
$77,700
$87,000
-11%
$140,000
-45%
Total Sold Dollar Volume
$89,311,992
$80,826,396
10%
$139,751,986
-36%
Closed in 30 Days
32%
26%
23%
20%
60%
60 Days
16%
17%
-6%
16%
0%
90 Days
12%
14%
-14%
9%
33%
120 Days
11%
9%
22%
10%
10%
121+ Days
29%
34%
-15%
40%
-28%
Available Inventory
Single Family
8,371
9,192
-9%
12,524
-33%
Months of Available Inventory
13
18
-26%
23
-43%
Condo-Townhouse
12,301
13,078
-6%
16,104
-24%
Months of Available Inventory
17
23
-27%
25
-34%
Total all Property Types
29,428
31,053
-5%
37,707
-22%
*Note: The above statistics were compiled early May, additional sales for April may be reported that are not re
flected.
Year Built Description
The pick list value "NEW" descrip-
tive value has changed to NEW
CONSTRUCTION.
"I am glad we were given the op-
portunity to meet with Gov. Crist
and discuss our issues in depth,"
stated Acevedo. "A robust real estate
market is core to the strength of our
state's economy, and I am pleased
the Governor will continue to
make it a priority."
Acevedo continued, "The best
news of all however is that phones
are once again ringing at real estate
firms across the state - investors are
combing properties, young families
are making first-time purchases and
international buyers are scooping
up great deals. Housing indicators
throughout Florida prove this is
truly an ideal time to buy."
to read the full press release.
RAGFL Leadership Travels to Tallahassee; Meets With Legislators
( Continued from front cover)