Three Changes to MLS Rules Take Effect 1/1/13

by | Dec 11, 2012 | TSMLS

The following TSMLS rule changes will go into effect January 1, 2013: The Active Contingent status will no longer be available; all listings with the Active Contingent status must be changed to Contingent with the sub status of Short Sale. 7.28 Short Sale (Lender...

CAR Market Matters

by | Dec 10, 2012 | C.A.R., TSBOR, TSMLS

Talking Points Although real estate is local, in general, there are at least five significant contributors to rising prices: Housing affordability, increasing housing formation, rising rents, low inventory, and limited supply of distressed sales. Housing affordability...

One Cool Thing Videos Now Available

by | Dec 6, 2012 | C.A.R., TSBOR, TSMLS

Save your marketing budget and stay in touch with clients by using our new One Cool Thing videos! Already love and use the One Cool Thing emails with their interesting graphics, charts and lists? Get ready to add another love to your list with One Cool Thing videos, a...

What is Variable Rate Commission?

by | Dec 4, 2012 | TSMLS

Simply stated, the seller will pay a different commission if the property is sold by the listing broker.  The listing agent must disclose this when entering the listing into the MLS by selecting Y on item (49) VAR RATE Y/N.  Please see the rule below for the full...