Category: National News, Resources & Tools, Technology
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On Monday, January 11th, the way you access Rapattoni MLS will change for all MLS Subscribers. You will no longer be required to use a token to login into the MLS. Instead, the system will begin using adaptive authentication technology.
As a Subscriber, this will require some initial set-up on your part. To assist you with this process, your MLS has created step-by-step instructions and a video to guide you through the entire process.
Click Here to Watch the Above Video on WRAR.com TV
Click Here to Read Written Instructions with Screenshots
You will be required to change your MLS password during set-up. Upon completing this process, Internet Member Services (IMS) should update itself to reflect this new password within two hours.
*IMPORTANT: Please do not discard or return your token to the MLS. Tokens could be required as secondary means to log-in.
What is Adaptive Authentication?
Your data will be protected by banking-industry-strength security leveraging RSA’s® Adaptive Authentication technology which currently protects more than 150 million online users. Adaptive Authentication will provide a level of security that is unmatched in the real estate marketplace through a combination of:
- Confidential Security Questions
- Device Identification of PCs
- IP Address Tracking
- User Profiling
- Analytical Risk Reporting
- Anti-Fraud Technology
Your MLS is excited to offer this new and innovative technology to enhance and simplify your MLS experience.
Category: Association News, MLS President, Resources & Tools, Technology, Videos & Podcasts
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Happy Holidays! I am pleased to report that the MLS Board of Directors, after requests from members, has amended the MLS Rule concerning the status of a short sale. Previously the MLS Rule required a status of “Pending” when the Seller accepted an offer where Standard Form 2A14-T “SHORT SALE ADDENDUM” was included with offer. The Board modified the Rule to require a status change of “Active-Contingent.” The modified MLS Rule 2.5 is printed at the bottom of this post.
If you have a Pending “Short Sale” listing, please modify the status to Active Contingent.
During the discussion, the Board heard that some listing agents are not advising the seller to accept any offer(s) but rather are sending the offer(s) to the lienholder to determine whether the lienholder would agree to the terms of the offer.
You should consult legal counsel about this practice and insure that the Seller and Buyer have informed consent about the difference between sending a contract or sending just the offer to the lienholder. Note: Many lienholders will not respond to an offer; they do respond to a contract.
Your Association has created a Best Practices: Short Sale paper to help listing agents, buyer agents and Brokers-In-Charge. I urge you to Click Here & read it.
Section 2.5 Reporting “Pending” And Sold Sales to The Service: Status changes, including final closing of sales, shall be reported to the Multiple Listing Service by the listing broker within one (1) business day after they have occurred. If the negotiations were carried on under Section 2 (a) or (b) hereof the cooperating broker shall report accepted offers to the listing broker within one (1) business day after occurrence and the listing broker shall report them to the MLS within 24 hours after receiving notice from the cooperating broker (See MLS BofD Minutes 05-19-08; See MLS BofD Minutes 09-18-08).
The listing Participant must report any pending sale subject to a contingency according to the following requirements:
a) If the contract is contingent upon the buyer selling a property not currently under contract, the status changes to Active Contingent and subsections (b) and (c) of this Section 2.5 shall not apply; or
b) If the contract created by the parties uses Alternative 2 of the NCAR/NCBA Standard Form 2, the status remains Active Alternative 2 and subsection (c) of this Section 2.5 shall not apply; or
c) If the contract created by the parties uses Standard Form 2A14-T Short Sale Addendum, the status changes to Active Contingent and subsections (d) shall not apply (see MLS BofD Minutes 12-17-09); or
d) The status of the listing must be changed to “Pending” (See MLS BofD Minutes 04-19-07)
Category: MLS President, Resources & Tools, Technology
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EXCITING NEWS! Your MLS has partnered with Goomzee to offer you the nation’s premier text message marketing and lead generation application called Realty Connect®. Goomzee’s technology is used nationwide by REALTORS® to deliver property information and photos to buyer’s cell phones.
As an MLS Subscriber, you automatically get a FREE basic feature, 2-code plan. Log in right now and for the next 26 days, you can try out the premium feature plan complete with Mobile Virtual Tours, Auto Responder, interACT and much more!
Here’s how Realty Connect® works…
A buyer views a unique property code and text-in number on a sign rider, or in an ad, and they send a text message from their mobile phone. In seconds, they receive property information, pricing, and agent contact info.
At the same time, listing agents will receive email and text alerts containing the new leads’ callback number. This means no more worrying about lost leads because of empty flyer boxes or unanswered voicemails. With Realty Connect® from Goomzee, you reach today’s buyers, 24/7, using the technology they prefer to communicate with – text messaging.
Log in and try out your new account today – Realty Connect® Login
Simply login using your NRDS# and password from the MLS and you can begin using the service immediately. There is a step-by-step setup wizard to get started, and built-in training guides and videos to help you get started.
Currently, 70% of US cell phone owners don’t have a smart phone. This makes typing in property addresses, etc. still very difficult. With Goomzee’s convenient, reusable 5-code system, you will reach more buyers and satisfy your sellers.
Goomzee has also already begun negotiating with various sign suppliers in Wilmington for discounted pricing. The best part is you can order your signs directly from the Reatly Connect® admin.
Your MLS is confident that by using this new tool, you will be able to attract more buyers and increase your bottom line. Click Here to view REALTOR® testimonials or here to watch a video breakdown on this service on WRAR.com/TV.
Category: Association News, MLS President, Resources & Tools, Technology
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