MLS Users Committee Agenda Thursday, May 7, :00am - 11:00 am

Transcription

1 MLS of Greater Cincinnati, Inc. (Subsidiary of the Cincinnati Area Board for Realtors ) 14 Knollcrest Drive, Cincinnati, Ohio Phone: (513) FAX: (513) Mail@CincyMLS.com Kelly Meyer - Chair Gary Hagan Susan Rissover Guy Wesslekamper, Director Liaison Tom Johansing Vice Chair John Jardine Jan Bryan Sharp Joe Mock, President Kellie Barter Eleanor Kowalchik Pamela Smith Patti Stehlin, Vice President Tim Chupka Jason Kunkel John Stadler Jim Abele, CEO Theresa Filimonov Andrew Lohmiller Larry Trame Sharon Chard, MLS Manager DaVan Gassett Lisa McCarthy Chris Wood MLS Users Committee Agenda Thursday, May 7, :00am - 11:00 am 9:00 1. Review and approve the minutes from the previous meeting. 9:05 2. Review the Monthly Update. 9:10 3. Review and Consider Requests a) Increase the number of allowable exports from 200 to 500. b) Provide the ability to select up to 2 Architecture selections when entering and searching listings. c) Create an Include 0 sqft checkbox next to SqFt field to catch properties that have no square footage listed. d) Relocate/Enhance the Unit Number in the MLS Detail display. 10:00 4. Discuss the BDX-NHS Pro Demo and determine if this is a value-add service to consider. 10:15 5. Review Energy Efficient/Green Features Checklist for approval and update on Input Sheet. 10:25 6. Provide an overview of Rapattoni s new Listing Syndication Manager. 10:45 7. President Joe Mock Evaluate and provide a recommendation for HomeSnap Mobile App. 10:55 8. New Business. 11:00 9. Adjourn *Next Meetings: July 9, Sept 3, Nov 5

2

3 Member Requests for May 7, 2015 Meeting. 1. Increase the number of allowable exports from 200 to He ability to select up to 2 Architecture selections when searching. 3. Create an Include 0 sqft checkbox next to SqFt field to catch properties that have no square footage listed. 4. Relocate/Enhance the Unit Number in the MLS Detail display. 1. The more data you can put in a regression analysis, generally the more accurate the analysis. When you try to use regression to analyze differences in property you need several examples of each of those differences you are regressing for. The more examples you have the more accurate the analysis. The beauty of regression analysis is the use of older sales. Regression can account for changes in market conditions allowing appraisers to use more similar properties even if they were over a year ago. Fannie Mae, and their lenders who sell to them, are beginning to loosen the requirements around the use of older sales. An appraiser can use an older sale, and if supported through regression analysis, make a valid market change adjustment. Many times this will support more recent contract prices. It is a real win for the agent community. I understand the reservation about data harvesting. Limiting the number to 200 is a reasonable requirement. Many times I will simply run 2 different exports and append the data. This is somewhat time-consuming and mistakes are easy. If you do not check the correct set of records the 2nd time around, sometimes you can miss records or create duplicate entries. Bob at the MLS office can explain the process of multiple downloads and demonstrated for you. That being said, if we could increase the import limit to 500 records it would be more than sufficient 95% of the time. This would still be a throttle on potential data harvesting. I also envision this regression analysis used by real estate agents for their CMA's. I would be glad to provide some training at the agent level on how to do this. 2. For categorizing a house by architecture, I propose that up to two types can be checked. For example, you can have a contemporary ranch, or a contemporary tri-level. These classifications are not mutually exclusive, leading to confusion if someone is searching for a contemporary home, but the agent classified it as a ranch (which it technically is). Also, some of the categories (like Saltbox) could more appropriately be classified as Traditional or Historic. In my opinion, this whole category could use cleaning up/fine tuning. Happy to help come up with a more eloquent proposal for the group if that would help. 3. It would be a great help if the search criteria for Building Sq Ft (Realist) (on page 1) could be modified to include a checkbox for: Include 0 Sq Ft Since Realist is not providing a consistent data feed for building square feet, this would help us see if there are properties that appear with 0 sq. ft. that may be within the GLA range (after we

4 look it up in auditor's records) using our other search criteria (distance, age, sale price, etc.). Right now, the search has to be run twice to catch the 0 sq. ft. properties. 4. Is there a way to make the unit number of a condo more prominent? It is SO hard to find on the mls listing detail. could it be in the top banner where the address is? as in 1234 Main Street, Unit 5, Cincinnati, OH or somewhere else more prominent? It is nearly impossible to find the numbers when looking at a lot of condos, because you have to keep scrolling down!

5 Executive Summary Help your members earn more buyer commissions with comprehensive community, home and promotion information from builders. What is New Home Source Professional? NewHomeSourceProfessional.com is the largest collection of new home data available anywhere and is designed to help agents generate more commission from new home sales. New Home Source Professional is a product of Builders Digital Experience (BDX), which operates in a joint venture with Move, Inc. How do MLSs work with New Home Source Professional? This is a free service. New Home Source Professional will develop a private-label site with comprehensive new home data and tools for builder inventory in the market. As the MLS, you link to the site from within your portal or MLS interface. Member agents are automatically logged in using Single Sign-On (SSO) and can research all new home communities, inventory, plans, promotions, builder policies, commission info and more. Buyer information is never sent to a builder. Why is this important? 54% of buyers may consider new construction homes. Only 50% of new home inventory is typically listed in the MLS and MLS software isn t built to handle new home community and plan information. This is a source of frustration for agents. New home sales are expected to increase 62% in the next year. New home prices exceed resale prices by an average of 41%. The result is lost commission opportunity. Only 63% of new homes are sold by an agent. Who benefits from the partnership? Agents (and their buyers): Members get easy access to the most comprehensive searchable database of new home communities, inventory, plans, promotions, events and more. Members better serve buyers, establish relationships with builders and generate more commission. Your MLS: Solidify your position as the leading resource for agents in the market. Help your members generate more revenue without increasing fees. Increase home builder membership and agent cooperation. Get data, simple integration, new home training & support, at no cost. Builders: New home builders reach more agents in the market and can help close sales. Who is already working with New Home Source Professional? The list is growing and includes (but is not limited to) CRMLS, ARMLS, JTHS MLS, NEFMLS, MLSListings, Sandicor, GLVAR, ABOR, MRIS, RMLS, EBRDI, CCAR, BAREIS, TAR/MLS and MRED. To learn more, contact Jason Gindele at jgindele@thebdx.com or

6 ENERGY/GREEN FEATURES CHECKLIST This checklist is for informational purposes only and was designed to assist homebuyers or renters to find housing containing features suited to their particular needs. The owner does not warrant or guarantee the reliability of any of the features listed herein and therefore the purchaser or renter should always do their own inspection before relying upon any information contained in this checklist. Property Address: Energy / Green Certifications HERS Index (RESNET) Yes / No Date Certified: Score: ENERGY STAR for Homes (U.S. EPA) Yes / No Date Certified: Version: LEED for Homes (USGBC) Yes / No Date Certified: Version: Home Energy Score (U.S. DOE) Yes / No Date Certified: Score: Other: (National Green Building Standard, Passive House, Living Building Challenge, Etc.) Yes / No Date Certified: Energy Efficient Features Insulation Attic Material/Install: R-Value: Walls Material/Install: R-Value: Basement Material/Install: R-Value: Crawl Space Material/Install: R-Value: Slab (Edge/Under) Material/Install: R-Value: Envelope Tightness Blower door test results: Units: CFM25 CFM50 ACH50 Natural ACH Windows ENERGY STAR Tinted Argon Filled Triple Pane Appliances (ENERGY STAR) Low E Double Pane Storm (historical?) Solar Shades Dishwasher Refrigerator Washing Machine Other: Water Heating Conventional Tank Energy Factor: Size: Tankless Energy Factor: Heat Pump Energy Factor: Size: Solar Thermal Solar Energy Factor: Size: Heating and Cooling Furnace Efficiency Factor: AC SEER: Heat Pump (Air Source) HSPF: COP: EER: SEER: Heat Pump (Ground Source / Geothermal) HSPF: COP: EER: SEER: Ductless (Mini-Split, PTAC) HSPF: COP: EER: SEER: Programmable Thermostat Radiant Floor Heat Dual Fuel Heat Pump Integrated Space/Water Indoor Air Quality EPA Indoor Air Plus Air Cycler Radon System Low-VOC Paints Energy/Heat Recovery Ventilator Automatically Controlled Exhaust Fans Green Label Plus Carpet Solar Photovoltaic (PV) Array Size: Age of Panels: Energy production(watts): Water Efficient Features Indoor Water Low Flow / WaterSense Showerheads Low Flow / WaterSense Lavatory Faucets Low Flow / WaterSense Toilets Dual Flush Toilets On Demand Circulation Pump System WaterSense New Home Specification Outdoor Water Rainwater Catchment Drought Tolerant / Native Landscaping Permeable Hardscapes Programmable Irrigation System ENERGY STAR Pool Pump Notes/Other Owners Signature Date Owners Signature Date

7 We have made more exciting changes and are pleased to announce that the following enhancements and new options are tentatively scheduled for deployment on Wednesday night, 5/06/2015. For the new Listing Syndication Manager feature, we understand that it may take some time to have syndication profiles set up and agreements finalized with third-party services before it can be fully utilized by your members. In order for you to control the timing of this new feature s announcement, we have included an optional broadcast notice image and code toward the bottom of this document for you to post at your convenience. Manage Office Listing Syndication Office staff with Office Modify access rights may access the new Manage Office Listing Syndication interface where they can change their office s opt-in/opt-out settings for individual syndication services based on the rules set up by MLS staff. View Office Listing Syndication A new View Office Listing Syndication link under Listings on the menu bar allows you to quickly review the syndication profiles and options that have been set up for your office, including a description for each syndication service and whether your listings are being included in the feed. Note that the View Office Listing Syndication link is only available if one or more syndication profiles have been set up for your office. Please contact your broker or office manager if you have questions on your office s syndication settings.

8

9 Staff Only Listing Syndication Manager MLS staff with System Administrator access rights may now set up and manage various syndication profiles and options for third-party services such as Zillow and Trulia. This great new feature allows staff members to set up syndication profiles much more efficiently and tailor them to the needs of the agreement for each individual service. Plus, you can run reports for selected syndication profiles showing opt-in status, office info, and end-user license agreement (EULA) acceptance info for all offices. Please click here to view a short video introduction to this great new feature! Please click here to view a short video introduction to this great new feature!

10

11