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  More MLS For Your Money    JANUARY 2010 VOL. I   

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Describing Commissions on the MLS

Understanding the different ways to describe commissions on the MLS often can be misunderstood. Selling Office Compensation is a required field and must be entered as a percentage or fixed dollar Amount.  In addition, any specific conditions related to estate sales, probate listings, auctions, sales dependent on lender approval or other special circumstances must be entered in Agent Remarks. Below are some typical questions and answers that should help clear the obstacles when placing your listing on the MRMLS Matrix system.

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Real Estate News

National bank and thrift servicers implemented more than 680,000 home loan modifications and payment plans in the third quarter of 2009, a 69 percent increase compared with the second quarter, according to a report released by the Office of the Comptroller of the Currency (OCC) and the Office of Thrift Supervision (OTS).

 

The percent of current and performing mortgages declined for the sixth consecutive quarter to 87 percent of the servicing portfolio, serious delinquencies rose to 6.2 percent, and foreclosures in process surpassed 1 million mortgages, according to the report. 

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CARETS Open Houses on MRMLS Matrix!

MRMLS Matrix is now pulling Open House information from the participating MLSs of CARETS--they include CLAW, CristNet, iTech and SoCalMLS. 

 

 

MRMLS Matrix now provides YOU AND YOUR CLIENTS information on all Open Houses entered into the MLSs throughout Southern California from the San Fernando Valley to Temecula and from the Inland Empire & Foothills to the Pacific Ocean.

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Save Your CMA

Have you created a CMA in MRMLS Matrix, but have not modified it in the last 90 days?

 

Starting February 26th MRMLS Matrix will automatically delete all CMAs that have not been modified in the last 90 days.   This deletion process will be on going.

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Real Estate News
Information received from the Veterans Affairs (VA) in Circular 26-10-01 provides guidance on fees and charges a veteran may pay when obtaining a VA-guaranteed home loan.  More
 












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