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RealtorEdge
O C T O B E R 2 0 0 9
MLS Statistics for RAGFL*
MLS
September 2009 iCheck Error Rules and Statistics
MLS
Description
Errors
Errors
Errors
Today
Last 30 Days
Previous 30 Days
Contact Info in Remarks Field . . . . . . . . . . . . . . . . . . 0 . . . . . . . . . . . . . . . . . 88 . . . . . . . . . . . . . . . . . 97
Contact Info in Internet Field . . . . . . . . . . . . . . . . . . . 0 . . . . . . . . . . . . . . . . . 47 . . . . . . . . . . . . . . . . . 60
URL in Remarks Field . . . . . . . . . . . . . . . . . . . . . . . . 0 . . . . . . . . . . . . . . . . . 42 . . . . . . . . . . . . . . . . . 38
URL in Internet Field. . . . . . . . . . . . . . . . . . . . . . . . . . 0 . . . . . . . . . . . . . . . . . 14 . . . . . . . . . . . . . . . . . 42
Invalid Broward County TaxID in FOLIO Field . . . . . . 0 . . . . . . . . . . . . . . . . . . 3 . . . . . . . . . . . . . . . . . . 5
Invalid Dade County TaxID in FOLIO Field . . . . . . . . 0 . . . . . . . . . . . . . . . . . . 5 . . . . . . . . . . . . . . . . . . 4
Invalid Palm Beach County TaxID in FOLIO Field . . . 0 . . . . . . . . . . . . . . . . . . 0 . . . . . . . . . . . . . . . . . . 0
Style Mismatch. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0 . . . . . . . . . . . . . . . . . . 9 . . . . . . . . . . . . . . . . . 14
Open House in Remarks Field . . . . . . . . . . . . . . . . . . 0 . . . . . . . . . . . . . . . . . . 7 . . . . . . . . . . . . . . . . . . 6
Active with No Showings in Remarks Field . . . . . . . . 1 . . . . . . . . . . . . . . . . . 19 . . . . . . . . . . . . . . . . . 21
Invalid Compensation Fields . . . . . . . . . . . . . . . . . . . 0 . . . . . . . . . . . . . . . . . 14 . . . . . . . . . . . . . . . . . . 7
Unacceptable Phrases in Remarks Field. . . . . . . . . . 0 . . . . . . . . . . . . . . . . . 32 . . . . . . . . . . . . . . . . . 24
Unacceptable Phrases in Internet Field . . . . . . . . . . . 0 . . . . . . . . . . . . . . . . . 11 . . . . . . . . . . . . . . . . . . 5
Unacceptable Information in Subdivision Field . . . . . 0 . . . . . . . . . . . . . . . . . . 0 . . . . . . . . . . . . . . . . . . 1
Branded Virtual Tour. . . . . . . . . . . . . . . . . . . . . . . . . . 0 . . . . . . . . . . . . . . . . . 66 . . . . . . . . . . . . . . . . . 73
Expected Closing Date not updated. . . . . . . . . . . . . 29 . . . . . . . . . . . . . . . 1703 . . . . . . . . . . . . . . . 1566
DOM Refresh . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0 . . . . . . . . . . . . . . . . . 66 . . . . . . . . . . . . . . . . . 76
Duplicate Listing. . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0 . . . . . . . . . . . . . . . . . 22 . . . . . . . . . . . . . . . . . 27
Courtesy Notice Statistics
Description
Notices
Notices
Notices
Today
Last 30 Days
Previous 30 Days
Listings Set To Expire in 10 Days. . . . . . . . . . . . . . . 92 . . . . . . . . . . . . . . . 2,906 . . . . . . . . . . . . . . .2,666
Listings Set To Close in 10 Days . . . . . . . . . . . . . . . 59 . . . . . . . . . . . . . . . 3,572 . . . . . . . . . . . . . . .3,338
Agent Reported Statistics
Description
Notices
Notices
Notices
Today
Previous 30 Days
Previous 30 Days
Possible errors reported by members . . . . . . . . . . . 17 . . . . . . . . . . . . . . . . 392 . . . . . . . . . . . . . . . . 405
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
Previous
Previous
September '09
Month Change
Year Change
New Listings
Single Family
1,484
1,631
-9%
2,027
-27%
Condo-Townhouse
1,799
2,065
-13%
2,140
-16%
Total all Property Types
5,568
6,120
-9%
6,765
-18%
Pending Inventory
Single Family
1,165
1,296
-10%
838
39%
Condo-Townhouse
1,311
1,403
-7%
607
116%
Single Family Sold
Closed Sales
798
823
-3%
572
40%
% REO
29%
43%
-14%
Average Sale Price
$267,019
$265,296
1%
$344,220
-22%
Median Sale Price
$200,000
$218,500
-8%
$260,000
-23%
Total Sold Dollar Volume
$213,081,162
$218,338,608
-2%
$196,893,840
8%
Closed in 30 Days
40%
39%
3%
27%
48%
60 Days
14%
13%
8%
16%
-13%
90 Days
10%
10%
0%
15%
-33%
120 Days
8%
8%
0%
10%
-20%
121+ Days
28%
30%
-7%
32%
-13%
Condo-Townhouse Sold
Closed Sales
858
882
-3%
508
69%
% REO
31%
54%
-23%
Average Sale Price
$133,941
$140,032
-4%
$184,918
-28%
Median Sale Price
$79,000
$82,590
-4%
$125,000
-37%
Total Sold Dollar Volume
$114,921,378
$123,508,224
-7%
$93,938,344
22%
Closed in 30 Days
38%
38%
0%
23%
65%
60 Days
14%
12%
17%
15%
-7%
90 Days
11%
11%
0%
13%
-15%
120 Days
9%
8%
13%
12%
-25%
121+ Days
28%
31%
-10%
37%
-24%
Available Inventory
Single Family
6,396
6,610
-3%
11,720
-45%
Months of Available Inventory
8
8
20
20%
-61%
% REO or Short
34%
35%
-1%
Condo-Townhouse
9,951
10,441
-5%
15,086
-34%
Months of Available Inventory
12
12
30
30%
-61%
% REO or Short
30%
31%
-1%
Total all Property Types
25,042
25,689
-3%
36,378
-31%
*Note: The above statistics were compiled early October, additional sales for September may be reported that are not re
flected.
The RAGFL BOD recently approved
implementing two MLS changes that
primarily affect short sales.
1. "Search defaults now include
Status B" - This change includes
"Back-ups" in search defaults
to ensure that listing status of B
continue to be treated as Active
listings. If you didn't want to
New Changes in the RAGFL
Multiple Listing Service
Changes regarding Short Sales
deal with making a backup offer,
you then would only search for
Status = A.
2. "Short Sales - Approved" - The
second change includes send-
ing a courtesy email notice from
iCheck on day 30 asking them to
make sure that their short sale is
still approved.
Did you know that with RAGFL's
DocBox program, members have
unlimited faxing and unlimited ac-
cess free? While others pay $99 per
year for the same services, RAGFL
members receive it free! That's
right­­No Page Limits, No Time
Limits! Other Associations offer
DocBox ­ Unlimited Faxing;
Unlimited Access
Available free to RAGFL Members
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only up to 12 pages. How many
contracts are you able to fax with
that limit? Not too many!
RAGFL's free DocBox service
offers:
Unlimited faxing & storage
Toll-free fax numbers
Easy document upload
Branded e-mails and notifications
Ability to convert documents to
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Click
for more details!
``
``
SUMMER GREENE
2010 FAR VP
9 Year Member
SUMMER GREENE
2010 FAR VP
9 Year Member
RAGFL's timely MLS statistics are
invaluable; my agents and staff
use them on listing appointments
and on our website. I always feel
confident that RAGFL is monitoring
and evaluating new products and
services, keeping us a step ahead of
our competition.
RAGFL's timely MLS statistics are
invaluable; my agents and staff
use them on listing appointments
and on our website. I always feel
confident that RAGFL is monitoring
and evaluating new products and
services, keeping us a step ahead of
our competition.