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RealtorEdge
J U N E 2 0 0 9
MLS Statistics for RAGFL*
MLS
May 2009 iCheck Error Rules and Statistics
MLS
Description
Errors
Errors
Errors
Today
Last 30 Days
Previous 30 Days
Contact Info in Remarks Field . . . . . . . . . . . . . . . . . . 1 . . . . . . . . . . . . . . . . . 54 . . . . . . . . . . . . . . . . 113
Contact Info in Internet Field . . . . . . . . . . . . . . . . . . . 1 . . . . . . . . . . . . . . . . . 38 . . . . . . . . . . . . . . . . . 43
URL in Remarks Field . . . . . . . . . . . . . . . . . . . . . . . . 1 . . . . . . . . . . . . . . . . . 22 . . . . . . . . . . . . . . . . . 40
URL in Internet Field. . . . . . . . . . . . . . . . . . . . . . . . . . 0 . . . . . . . . . . . . . . . . . 11 . . . . . . . . . . . . . . . . 127
Invalid Broward County TaxID in FOLIO Field . . . . . . 0 . . . . . . . . . . . . . . . . . . 7 . . . . . . . . . . . . . . . . . . 5
Invalid Dade County TaxID in FOLIO Field . . . . . . . . 0 . . . . . . . . . . . . . . . . . . 2 . . . . . . . . . . . . . . . . . . 2
Invalid Palm Beach County TaxID in FOLIO Field . . . 0 . . . . . . . . . . . . . . . . . . 0 . . . . . . . . . . . . . . . . . . 0
Style Mismatch. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0 . . . . . . . . . . . . . . . . . 11 . . . . . . . . . . . . . . . . . 10
Open House in Remarks Field . . . . . . . . . . . . . . . . . . 0 . . . . . . . . . . . . . . . . . . 6 . . . . . . . . . . . . . . . . . 15
Active with No Showings in Remarks Field . . . . . . . . 1 . . . . . . . . . . . . . . . . . 17 . . . . . . . . . . . . . . . . . 21
Invalid Compensation Fields . . . . . . . . . . . . . . . . . . . 0 . . . . . . . . . . . . . . . . . . 5 . . . . . . . . . . . . . . . . . 10
Unacceptable Phrases in Remarks Field. . . . . . . . . . 1 . . . . . . . . . . . . . . . . . 34 . . . . . . . . . . . . . . . . . 54
Unacceptable Phrases in Internet Field . . . . . . . . . . . 0 . . . . . . . . . . . . . . . . . . 8 . . . . . . . . . . . . . . . . . 12
Unacceptable Information in Subdivision Field . . . . . 0 . . . . . . . . . . . . . . . . . . 1 . . . . . . . . . . . . . . . . . . 2
Branded Virtual Tour. . . . . . . . . . . . . . . . . . . . . . . . . . 1 . . . . . . . . . . . . . . . . 119 . . . . . . . . . . . . . . . . . 85
Expected Closing Date not updated. . . . . . . . . . . . . 23 . . . . . . . . . . . . . . . 1279 . . . . . . . . . . . . . . . 1611
DOM Refresh . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 . . . . . . . . . . . . . . . . . 40 . . . . . . . . . . . . . . . . 172
Duplicate Listing. . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0 . . . . . . . . . . . . . . . . . 49 . . . . . . . . . . . . . . . . . 59
Courtesy Notice Statistics
Description
Notices
Notices
Notices
Today
Last 30 Days
Previous 30 Days
Listings Set To Expire in 10 Days. . . . . . . . . . . . . . 101 . . . . . . . . . . . . . . . 2,987 . . . . . . . . . . . . . . .3,647
Listings Set To Close in 10 Days . . . . . . . . . . . . . . . 34 . . . . . . . . . . . . . . . 2,830 . . . . . . . . . . . . . . .2,704
Agent Reported Statistics
Description
Notices
Notices
Notices
Today
Previous 30 Days
Previous 30 Days
Possible errors reported by members . . . . . . . . . . 101 . . . . . . . . . . . . . . . . 651 . . . . . . . . . . . . . . . . 412
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
Please be advised that RAGFL's
contract with GE Supra has recent-
ly changed.
Cost Change
As membership decreased, so did
the number of active keys which
has caused an increase in the cost
for members. However, while
the Supra rate has increased, your
invoice includes a two month
credit of $19.72.
Changes Made to RAGFL
SUPRA Contract
RAGFL would like to call to your
attention the recent case of Busby
v JRHBW Realty, Inc. in which
the United States District Court
for the Northern District of
Alabama ruled that a transaction
fee charged by a broker violated
RESPA. In case you are unaware
of the details, we have provided the
White Paper from Laurie Janik,
NAR's General Counsel, as well as
a related NAR article.
to read the White Paper and the
NAR article.
While we feel brokers and As-
sociation members should be fully
aware of this decision, RAGFL
cannot take an official position on
this issue. As this is a topic which
possibly may affect many of you,
we recommend that you address
the matter with your legal counsel.
Broker Transaction Fees
Ruled a REPSA Violation
Calling your attention to a recent ruling
Previous
Previous
May '09
Month Change
Year Change
New Listings
Single Family
1,661
1,537
8%
2,110
-21%
Condo-Townhouse
2,041
1,892
8%
2,357
-13%
Total all Property Types
6,256
5,686
10%
7,068
-11%
Pending Inventory
Single Family
1,346
1,202
12%
649
107%
Condo-Townhouse
1,311
1,131
16%
619
112%
Single Family Sold
Closed Sales
774
638
21%
468
65%
Average Sale Price
$257,953
$285,886
-10%
$377,679
-32%
Median Sale Price
$180,000
$211,000
-15%
$295,500
-39%
Total Sold Dollar Volume $199,655,622
$182,395,268
9%
$176,753,772
13%
Closed in 30 Days
32%
32%
0%
21%
52%
60 Days
18%
14%
29%
19%
-5%
90 Days
11%
11%
0%
16%
-31%
120 Days
8%
10%
-20%
8%
0%
121+ Days
31%
33%
-6%
36%
-14%
Condo-Townhouse Sold
Closed Sales
864
744
16%
588
47%
Average Sale Price
$136,769
$120,043
14%
$220,815
-38%
Median Sale Price
$80,000
$77,700
3%
$140,000
-43%
Total Sold Dollar Volume $118,168,416
$89,311,992
32%
$129,839,220
-9%
Closed in 30 Days
30%
32%
-6%
20%
50%
60 Days
16%
16%
0%
18%
-11%
90 Days
13%
12%
8%
13%
0%
120 Days
10%
11%
-9%
8%
25%
121+ Days
31%
29%
7%
41%
-24%
Available Inventory
Single Family
7,821
8,371
-7%
12,525
-38%
Months of Available Inventory
10
13
-23%
27
-62%
Condo-Townhouse
11,699
12,301
-5%
16,007
-27%
Months of Available Inventory
14
17
-18%
27
-50%
Total all Property Types
28,384
29,428
-4%
37,643
-25%
*Note: The above statistics were compiled early June, additional sales for April may be reported that are not re
flected.
Lease Change
Also, your new lease will run from
June 12, 2009 until June 11, 2010.
Please remember your payment is due
to SUPRA by June 12, 2009. If you
have not received your invoice, please
visit awp.gesecurity.com to make
your payment or update your account
information 24 hours a day, 7 days a
week! If you prefer you can "pay by
phone" by calling 877-699-6787.
Effective since April 28th, an ad-
ditional field is now required for
Short Sale=Y. The new field labeled
Lender Approval has two options
AP=Approved (already obtained
from lender) or UN=Unapproved
Short Sales = Yes... Then
Approved or Not
(meaning lender approval required).
A more detailed explanation of Ap-
proved means "List Price is Approved
by Lenders". Any price change on
Short Sale listings, will again prompt
to re-answer these questions.