The NorthstarMLS Rules and Regs Department has reported over 850 violations for listings in the NorthstarMLS system with an incorrect status so far in 2016. It’s an easy violation to avoid, and having listings in the correct status helps keep the MLS as accurate and up-to-date as possible.
If you’re not sure what status a listing should be set to, check out our Listing Status Guide below (Click here for a printable version).
Rules Roundup On Demand Want to check out older Rules Roundup topics? Click here to view an archive of previous Rules Roundup entries.
Do you list Condos? Frustrated at finding what is included with the Association Fee, the name of the management company and its phone number? NorthstarMLS has launched a project to help determine and standardize the values for these fields.
Now when you auto-fill a condo listing from the tax record, we will also auto-fill the fields Association Fee Includes, Association Management Company Name, and Association Management Company Phone Number.
Where does NorthstarMLS get this information? We have reviewed condo listings from the past three years. We applied a formula to each condo building that factors most commonly and most recently reported data to determine what we auto-fill.
This is a work in progress, and we need everyone’s help to make it successful. As with auto-fill from the tax records, the List Agent is still responsible to check the accuracy of all data fields, including the Association information. If you find that anything we are auto-filling for these fields is not correct for a particular development, please report it to our Help Desk at email@example.com, and we will make the change.
Our goal is to ensure that over time, the data for these Association fields is as accurate and consistent as possible for the benefit of all agents and their clients.
TLC or True Lifestyle Cost, an exciting core service that’s only available to NorthstarMLS subscribers, is often used to help buyers compare the costs of homeownership. But did you know that TLC can be a powerful tool to help you win a listing? That’s right if you add TLC to your listing presentation, you can show sellers how their costs to own their home stacks up against the competition.
Watch the brief video below for more details on how TLC can help you win a listing!
Discover TLC: Sign into Matrix and click on “True Lifestyle Cost” in the External Links today.
Want to learn more about True Lifestyle Costs (TLC)? Click here to check out a library of articles, videos and tutorials to help you get started using TLC, or to learn more about this great new MLS tool.