Are you using the Down Payment Resource (DPR) tool that’s available on NorthstarMLS? If not, you’re missing out on a great way to improve your business.
For Twin Cities-based Realtor Jackie Beermann, providing down payment assistance information through DPR has brought great value to her clients and referrals. DPR has given her an extra edge in a challenging market and proven to be a huge time saver. Jackie has more than 25 years experience serving first-time home owners. Since using DPR, Jackie now closes sales with homebuyer assistance nearly twice a month.
Watch Jackie share how Down Payment Resource helps her better serve her clients.
To read more about Jackie’s story, click here.
To get started using DPR, click the icon on any listing in NorthstarMLS (icon displays if a property is potentially eligible for payment assistance programs).
Down Payment Resource announced that members can now order personalized DPR yard signs and sign riders to advertise that down payment assistance may be available for their listing. You will have the option to choose sign colors and will also be able to display your name and contact information (phone number and website) on the signs. You will order directly through Farmer Signs, a reputable company that produces high quality work. And, DPR receives no commission on sales.
Sign prices range from $30.00 to $12.50 a piece depending on the dimensions. If you’re interested in acquiring signs for your properties, click here.
Minnesota Business recently announced the results of their inaugural 100 Best Companies to Work For competition which surveyed thousands of employees representing hundreds of companies in Minnesota. NorthstarMLS is proud to have made the list which highlights organizations around the state setting the standard in work environment, benefits, leadership and employee happiness.
We would also like to congratulate Minnesota Commercial Association of Real Estate, Mattamy Homes and Roger Fazendin REALTORS for making the list.
John Mosey, president of NorthstarMLS, recently sat down for an interview with FrogPond.com. Mosey has spent a good portion of his professional career in real estate, logging more than 30 years in the MLS industry as an executive with a major MLS vendor, technology company CEO and President of a leading regional Multiple Listing Service.
In the interview, Mosey shares his thoughts on what the major changes in the real estate industry are today, who is driving those changes, what their impact might be on the industry and more.
FrogPond.com is a source for real estate news and information, as well as a software developer and communications and marketing solutions provider for the real estate industry.
Click here to view Mosey’s full interview with FrogPond.com.
Don’t let your Lake/Waterfront listings get missed in NorthstarMLS and consumer searches!
If you have any Active listings with a Lake/Waterfront Name, please take a moment to check them. If the Lake/Waterfront Name is missing or incorrect, go to the Add/Edit system and make the correction. You will find that the Lake/Waterfront Name is now a drop-down list containing all the Lake/Waterfront Names for the County you’ve selected.
We apologize for any inconvenience during this transition, however in the long run, using standard lake/waterfront names across all listings will improve search accuracy.
If you have any trouble, contact our Help Desk at email@example.com or call 651-251-5456 (or toll free at 1-877-251-5455) during business hours M-F, 8:00-5:00.
The new fields announced last week (see March 12 News item in the News box), are now available on NorthstarMLS Matrix and Add/Edit.
Here are the highlights you need to know.
- If you have any Active listings where you have entered a Lake/Waterfront Name, please take a moment to check them. If the Lake/Waterfront Name is missing or incorrect, go to the Add/Edit system and make the correction. You will find that the Lake/Waterfront Name is now a drop-down list containing all the Lake/Waterfront Names for the County you’ve selected. We are in the process of doing an automatic conversion. We are close to complete on all Active listings. Off market listings will be completed over the next few weeks. However, we still recommend you check your Active listings as it is impossible to convert with 100% reliability from the old free-form text field.
- If you have any saved searches or auto-emails that use Lake/Waterfront Name as a search criterion, you need to revise them with the new Lake/Waterfront Name field. Please see our separate Matrix News announcement with instructions.
- Although the new Lake/Waterfront fields are now all available for search in Matrix, please keep in mind that they are new and they are optional, and therefore will be sparsely populated for some time. If you search on them, you will likely miss out on a lot of listings. We recommend that you refer to them simply as extra information on displays/reports for listings where they are filled in.
- The NorthstarMLS Listing Input forms in Instanet and WEBForms will contain the new fields later in the day Thursday.
- Agent and Customer Displays contain the new data fields. PDF Reports do not but will be updated soon.
If you have questions or need help, please contact our Help Desk at 651-251-5456 (or toll free at 1-877-251-5455) during business hours M-F, 8:00-5:00.
Starting Thursday, March 15, there will be new data fields added to all property types. Most of these are to accommodate our April 1 expansion into central Minnesota with the Greater Lakes Association members joining NorthstarMLS.
Yearly/Seasonal: Indicate whether the property can be used year-round or whether it can only be used partial year seasonally. When creating a new listing, this field will automatically default to “Yearly.”
For Rent MLS Number: If you have a for sale listing that is also available for rent, enter the MLS number of the for rent listing. It will appear as a link on the for sale listing so that you can easily click back and forth between the two.
As we expand our presence in greater Minnesota, more detailed information about lake/waterfront properties is becoming increasingly important.
Lake/Waterfront Name: This is currently a free-form text entry field. We are changing this to a standard pick list. When entering a new listing, after selecting County, you will be able to select from a list of all bodies of water in that county that are recognized by the state’s Department of Natural Resources (DNR). This will also improve searches as all lake names will now have standard spellings. No more wildcard searches trying to account for all the different spellings, misspellings and abbreviations!
All of the following new fields are optional:
Waterfront Footage: The length of waterfront frontage (in feet) included with the property.
DNR Lake ID#: NorthstarMLS will auto-fill this field based on the Lake Name you select. This number will be useful for you to have for getting more information about a lake on the DNR Website.
Lake Acres: The total number of acres of the Lake. NorthstarMLS will auto-fill this field from the DNR database for the Lake Name you select.
Lake Depth: The maximum depth of the lake (in feet). NorthstarMLS will auto-fill this field from the DNR database for the Lake Name you select.
Lake Chain Name: This is currently available for the Greater Lakes area only. Additional lake chains around the state will be added later. We define a lake chain as a group of two or more lakes that are connected by navigable waterway(s).
Lake Chain Acreage: The total combined acreage of all lakes in the chain.
Road Between the Waterfront and Home? If a road runs between the waterfront and the home, select Yes, otherwise No.
Elevation Highpoint to Waterfront Slope: The description of the slope from the highest point of land to the waterfront. Options are gradual, level and steep.
Elevation Highpoint to Waterfront Feet: The amount of vertical feet from the highest point of land to the waterfront. Options are 0-4, 4-10, 10-15, 15-26, 26-40 and 40+.
Lake Bottom: Describe the lake bottom. Options are gravel, hard, rocky, sand, soft, undeveloped, weeds/reeds and wetland. If applicable, you can select more than one option.
Waterfront View: Describe the view from the property. Options are bay, city lights, golf course, harbor, lake, panoramic, river, north, south, east, west and see remarks. You can select more than one option.