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A U G U S T 2 0 0 9
MLS Statistics for RAGFL*
MLS
July 2009 iCheck Error Rules and Statistics
MLS
Description
Errors
Errors
Errors
Today
Last 30 Days
Previous 30 Days
Contact Info in Remarks Field . . . . . . . . . . . . . . . . . . 6 . . . . . . . . . . . . . . . . . 75 . . . . . . . . . . . . . . . . . 80
Contact Info in Internet Field . . . . . . . . . . . . . . . . . . . 6 . . . . . . . . . . . . . . . . . 59 . . . . . . . . . . . . . . . . . 42
URL in Remarks Field . . . . . . . . . . . . . . . . . . . . . . . . 1 . . . . . . . . . . . . . . . . . 38 . . . . . . . . . . . . . . . . . 25
URL in Internet Field. . . . . . . . . . . . . . . . . . . . . . . . . . 2 . . . . . . . . . . . . . . . . . 18 . . . . . . . . . . . . . . . . . 28
Invalid Broward County TaxID in FOLIO Field . . . . . . 0 . . . . . . . . . . . . . . . . . . 8 . . . . . . . . . . . . . . . . . . 7
Invalid Dade County TaxID in FOLIO Field . . . . . . . . 0 . . . . . . . . . . . . . . . . . . 4 . . . . . . . . . . . . . . . . . . 7
Invalid Palm Beach County TaxID in FOLIO Field . . . 0 . . . . . . . . . . . . . . . . . . 1 . . . . . . . . . . . . . . . . . . 1
Style Mismatch. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0 . . . . . . . . . . . . . . . . . . 7 . . . . . . . . . . . . . . . . . 11
Open House in Remarks Field . . . . . . . . . . . . . . . . . . 1 . . . . . . . . . . . . . . . . . 11 . . . . . . . . . . . . . . . . . . 7
Active with No Showings in Remarks Field . . . . . . . . 0 . . . . . . . . . . . . . . . . . 20 . . . . . . . . . . . . . . . . . 20
Invalid Compensation Fields . . . . . . . . . . . . . . . . . . . 0 . . . . . . . . . . . . . . . . . . 5 . . . . . . . . . . . . . . . . . . 4
Unacceptable Phrases in Remarks Field. . . . . . . . . . 2 . . . . . . . . . . . . . . . . . 39 . . . . . . . . . . . . . . . . . 22
Unacceptable Phrases in Internet Field . . . . . . . . . . . 0 . . . . . . . . . . . . . . . . . . 9 . . . . . . . . . . . . . . . . . . 9
Unacceptable Information in Subdivision Field . . . . . 0 . . . . . . . . . . . . . . . . . . 0 . . . . . . . . . . . . . . . . . . 0
Branded Virtual Tour. . . . . . . . . . . . . . . . . . . . . . . . . . 3 . . . . . . . . . . . . . . . . 106 . . . . . . . . . . . . . . . . . 91
Expected Closing Date not updated. . . . . . . . . . . . 170 . . . . . . . . . . . . . . . 1559 . . . . . . . . . . . . . . . 1474
DOM Refresh . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0 . . . . . . . . . . . . . . . . . 40 . . . . . . . . . . . . . . . . . 48
Duplicate Listing. . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 . . . . . . . . . . . . . . . . . 30 . . . . . . . . . . . . . . . . . 33
Courtesy Notice Statistics
Description
Notices
Notices
Notices
Today
Last 30 Days
Previous 30 Days
Listings Set To Expire in 10 Days. . . . . . . . . . . . . . 155 . . . . . . . . . . . . . . . 2,868 . . . . . . . . . . . . . . .3,243
Listings Set To Close in 10 Days . . . . . . . . . . . . . . . 60 . . . . . . . . . . . . . . . 3,322 . . . . . . . . . . . . . . .3,147
Agent Reported Statistics
Description
Notices
Notices
Notices
Today
Previous 30 Days
Previous 30 Days
Possible errors reported by members . . . . . . . . . . . 14 . . . . . . . . . . . . . . . . 245 . . . . . . . . . . . . . . . . 307
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
combinations, alarm codes,
gate codes, etc) entered in
REMARKS, DIRECTIONS or
INET REMARKS
Open House schedules entered
in REMARKS, DIRECTIONS
or INET REMARKS
No Photo (Required for RE1,
RE2, RIN and RNT)
For failing to disclose Short Sale
or REO
Relisting Abuse (cancelling and
re-adding a listing)
Adding Branded Virtual Tours
Most violations detected by
iCheck result in an automated
email warning, that allows mem-
bers 48 hours to correct. However,
uncorrected violations will result
in fines of $100 or more for repeat
occurrence. The Association's
MLS software automatically moni-
tors the system for violations, but
we also ask that members police
the data integrity as well. If, in
your normal course of conduct-
ing your business, you discover
violations of any of the above
rules, use the new "Report a Data
Error" option in MLXchange­­it's
anonymous! On the "Full Detail"
screen, in the left side tool bar is
the option to "Report Data Er-
ror". A message box will then
appear, asking for the problem and
solution. Then just SEND! Thank
you for your cooperation!
MLS Rules & Regulations
Previous
Previous
July '09
Month Change
Year Change
New Listings
Single Family
1,495
1,632
-8%
2,042
-27%
Condo-Townhouse
1,857
1,955
-5%
2,231
-17%
Total all Property Types
5,612
5,899
-5%
6,940
-19%
Pending Inventory
Single Family
1,159
1,299
-11%
508
128%
Condo-Townhouse
1,214
1,243
-2%
492
147%
Single Family Sold
Closed Sales
741
750
-1%
607
22%
% REO
37%
29%
Average Sale Price
$274,123
$286,556
-4%
$392,672
-30%
Median Sale Price
$218,000
$210,000
4%
$300,000
-27%
Total Sold Dollar Volume
$203,125,143
$214,917,000
-5%
$238,351,904
-15%
Closed in 30 Days
37%
33%
12%
26%
42%
60 Days
14%
15%
-7%
17%
-18%
90 Days
13%
12%
8%
14%
-7%
120 Days
9%
8%
13%
13%
-31%
121+ Days
27%
32%
-16%
30%
-10%
Condo-Townhouse Sold
Closed Sales
760
793
-4%
561
35%
% REO
39%
34%
Average Sale Price
$129,458
$125,329
3%
$212,717
-39%
Median Sale Price
$82,950
$80,000
4%
$152,500
-46%
Total Sold Dollar Volume
$98,388,080
$99,385,897
-1%
$119,334,237
-18%
Closed in 30 Days
33%
34%
-3%
23%
43%
60 Days
15%
16%
-6%
18%
-17%
90 Days
11%
11%
0%
12%
-8%
120 Days
8%
8%
0%
13%
-38%
121+ Days
33%
31%
6%
34%
-3%
Available Inventory
Single Family
7,070
7,425
-5%
12,257
-42%
Months of Available Inventory
10
10
0%
20
-53%
% REO or Short
35%
40%
Condo-Townhouse
10,958
11,332
-3%
15,530
-29%
Months of Available Inventory
14
14
0%
28
-48%
% REO or Short
27%
36%
Total all Property Types
26,808
27,538
-3%
36,941
-27%
*Note: The above statistics were compiled early August, additional sales for July may be reported that are not re
flected.
MLS Rules and Regulations were
developed to give the buying and
selling public the best possible
service, to provide proper and equi-
table cooperation between Partici-
pants...and to ensure the integrity
of the MLS database...your lifeline
to your business. The most com-
mon violations are listed below.
Remember: monetary fines are
levied when these rules are broken!
Incorrect Folio Number
Duplicate Listings
Data entered other than what
field is designated for
Listings entered more than 4
business days after finalized
Incorrect expiration date
Pending and closed sales not
reported within 4 business days
Documentation not provided to
the MLS department within 4
business days of a request
Appropriate signature(s) not on
documentation
Listing Type not properly
disclosed
New listings/changes submitted
inaccurately/incomplete
Contact info (names, phone
numbers, websites, email
addresses, etc.) entered in
REMARKS, DIRECTIONS or
INET REMARKS
Access info (lockbox
municate with the lock box. Avail-
able at both RAGFL locations. For
additional details and special Black-
berry smartphone promotion from
Sprint or Verizon,
Free Fob Offer ­ For a limited
time, when a GE Security customer
purchases a new BlackBerry smart-
phone from Verizon Wireless
or Sprint, they will receive a free
eKEY Fob. Offer valid until Mon-
day, August 31st or while quantities
last.
for details.
Software for Smartphones
Supra eKEY software
now available for the
BlackBerry Pearl, Black-
Berry Curve, BlackBerry
Pearl Flip, BlackBerry
Storm, BlackBerry Bold,
BlackBerry Tour, Black-
Berry 8800 series and the
BlackBerry 8900. Part of the eKEY
for BlackBerry solution is the eKEY
Fob. The FOB is used to convert
the Bluetooth in the BlackBerry to
Infrared so the BlackBerry can com-