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S E P T E M B E R 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 . . . . . . . . . . . . . . . . . 97 . . . . . . . . . . . . . . . . . 75
Contact Info in Internet Field . . . . . . . . . . . . . . . . . . . 3 . . . . . . . . . . . . . . . . . 60 . . . . . . . . . . . . . . . . . 59
URL in Remarks Field . . . . . . . . . . . . . . . . . . . . . . . . 0 . . . . . . . . . . . . . . . . . 38 . . . . . . . . . . . . . . . . . 38
URL in Internet Field. . . . . . . . . . . . . . . . . . . . . . . . . . 2 . . . . . . . . . . . . . . . . . 42 . . . . . . . . . . . . . . . . . 18
Invalid Broward County TaxID in FOLIO Field . . . . . . 1 . . . . . . . . . . . . . . . . . . 5 . . . . . . . . . . . . . . . . . . 8
Invalid Dade County TaxID in FOLIO Field . . . . . . . . 0 . . . . . . . . . . . . . . . . . . 4 . . . . . . . . . . . . . . . . . . 4
Invalid Palm Beach County TaxID in FOLIO Field . . . 0 . . . . . . . . . . . . . . . . . . 0 . . . . . . . . . . . . . . . . . . 1
Style Mismatch. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 . . . . . . . . . . . . . . . . . 14 . . . . . . . . . . . . . . . . . . 7
Open House in Remarks Field . . . . . . . . . . . . . . . . . . 0 . . . . . . . . . . . . . . . . . . 6 . . . . . . . . . . . . . . . . . 11
Active with No Showings in Remarks Field . . . . . . . . 1 . . . . . . . . . . . . . . . . . 21 . . . . . . . . . . . . . . . . . 20
Invalid Compensation Fields . . . . . . . . . . . . . . . . . . . 1 . . . . . . . . . . . . . . . . . . 7 . . . . . . . . . . . . . . . . . . 5
Unacceptable Phrases in Remarks Field. . . . . . . . . . 1 . . . . . . . . . . . . . . . . . 24 . . . . . . . . . . . . . . . . . 39
Unacceptable Phrases in Internet Field . . . . . . . . . . . 0 . . . . . . . . . . . . . . . . . . 5 . . . . . . . . . . . . . . . . . . 9
Unacceptable Information in Subdivision Field . . . . . 0 . . . . . . . . . . . . . . . . . . 1 . . . . . . . . . . . . . . . . . . 0
Branded Virtual Tour. . . . . . . . . . . . . . . . . . . . . . . . . . 4 . . . . . . . . . . . . . . . . . 73 . . . . . . . . . . . . . . . . 106
Expected Closing Date not updated. . . . . . . . . . . . . 51 . . . . . . . . . . . . . . . 1566 . . . . . . . . . . . . . . . 1559
DOM Refresh . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 . . . . . . . . . . . . . . . . . 76 . . . . . . . . . . . . . . . . . 40
Duplicate Listing. . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 . . . . . . . . . . . . . . . . . 27 . . . . . . . . . . . . . . . . . 30
Courtesy Notice Statistics
Description
Notices
Notices
Notices
Today
Last 30 Days
Previous 30 Days
Listings Set To Expire in 10 Days. . . . . . . . . . . . . . . 79 . . . . . . . . . . . . . . . 2,666 . . . . . . . . . . . . . . .2,868
Listings Set To Close in 10 Days . . . . . . . . . . . . . . . 49 . . . . . . . . . . . . . . . 3,338 . . . . . . . . . . . . . . .3,322
Agent Reported Statistics
Description
Notices
Notices
Notices
Today
Previous 30 Days
Previous 30 Days
Possible errors reported by members . . . . . . . . . . . 66 . . . . . . . . . . . . . . . . 405 . . . . . . . . . . . . . . . . 245
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
names more clearly as the map is
zoomed in. For more information
or technical support please contact
IMAPP at 888-462-7701 or e-mail
User Guides,
newsletters and more available at
New Street Map Images
Newest Feature from IMAPP
Previous
Previous
August '09
Month Change
Year Change
New Listings
Single Family
1,631
1,495
9%
2,158
-24%
Condo-Townhouse
2,065
1,857
11%
2,323
-11%
Total all Property Types
6,120
5,612
9%
7,401
-17%
Pending Inventory
Single Family
1,296
1,159
12%
870
49%
Condo-Townhouse
1,403
1,214
16%
766
83%
Single Family Sold
Closed Sales
823
741
11%
643
28%
% REO
43%
37%
37%
Average Sale Price
$265,296
$274,123
16%
$375,281
-29%
Median Sale Price
$218,500
$218,000
0%
$295,000
-26%
Total Sold Dollar Volume
$218,338,608
$203,125,143
7%
$241,305,683
-10%
Closed in 30 Days
39%
37%
5%
27%
44%
60 Days
13%
14%
-7%
16%
-19%
90 Days
10%
13%
-23%
13%
-23%
120 Days
8%
9%
-11%
9%
-11%
121+ Days
30%
27%
11%
35%
-14%
Condo-Townhouse Sold
Closed Sales
882
760
16%
595
48%
% REO
54%
39%
38%
Average Sale Price
$140,032
$129,458
8%
$183,453
-24%
Median Sale Price
$82,590
$82,950
0%
$127,000
-35%
Total Sold Dollar Volume
$123,508,224
$98,388,080
26%
$109,154,535
13%
Closed in 30 Days
38%
33%
15%
23%
65%
60 Days
12%
15%
-20%
19%
-37%
90 Days
11%
11%
0%
13%
-15%
120 Days
8%
8%
0%
10%
-20%
121+ Days
31%
33%
-6%
35%
-11%
Available Inventory
Single Family
6,610
7,070
-7%
12,010
-45%
Months of Available Inventory
8
10
-20%
19
-57%
% REO or Short
35%
35%
Condo-Townhouse
10,441
10,958
-5%
15,253
-32%
Months of Available Inventory
12
14
-15%
26
-54%
% REO or Short
31%
27%
Total all Property Types
25,689
26,808
-4%
36,608
-30%
*Note: The above statistics were compiled early September, additional sales for August may be reported that are not re
flected.
IMAPP is pleased to announce the
release of our new and improved
Street Maps. The Maps
contain clearly defined
colored counties with
the county name promi-
nently displayed to make
the Map Search and Map
interaction more user friendly. The
new and improved Street Maps
will also layer and define street
To ensure your listings are for-
warded to potential buyers; don't
violate MLS Rules! No contact
information allowed in Remarks,
Directions or Inet Remarks and the
branding of photos or Virtual Tours
is prohibited. Members don't want
to promote other members, they
want to make sales.
Is your listing easy to show?
With ShowingTime you can set the
calendar specifically for each listing.
Other agents can click on the calen-
dar and select a two hour window
when they will be showing that
neighborhood; you can confirm ap-
pointments via e-mails and get your
confirmation by phone where you
can provide any other information
needed for showings.
Is the property easy to access?
You can assign the Supra Box to
the listing via the serial number.
Never lose a Supra iBox again.
You can view which agents showed
the property with date and time
and/or generate a showing report
for the seller.
RAGFL is looking to put listing
syndication control in the hands of
our Brokers. This new functional-
ity, along with new add/modify and
MLS search programs are scheduled
to be released later this year. Watch
for additional information in the
coming months.
Is Your Listing on the
Internet?
Your sellers are trusting you to mar-
ket their property "For Sale". Many
are checking to see that it appears
on
the day after
they sign your listing agreement (it
still takes a few days). How are you
marketing to international buy-
ers? Click
to read more. When
did you last search
for Fort Lauderdale properties?
Take a minute to see what buyers
and sellers can access. The following
check list will ensure your listings
are getting the exposure necessary to
sell in today's competitive market.
Start your listing using the Tax
Auto Population feature; it will type
in those lengthy legal descriptions
for you plus more!
Ensure your Area is correct.
Neighborhood Area Codes are avail-
able on MLS Area Maps. Remember
to select all the appropriate property
features; these are used to create the
"Remarks" on
Is your listing complete?
Have you correctly answered
Inet=Y. This Y/N field controls
if your listing appears on
or other IDX web sites.
A photo is required. Up to 16 can
be loaded for each listing. Note that
all rights are transferred and belong to
the MLS for re-use by its members.
Studies have shown the properties
with the most photos sell quicker!