GRAPEVINE. Fresno Association of REALTORS

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1 6720 N. West Ave, Fresno, Ca PH: (559) the GRAPEVINE MLS CHAIR MESSAGE Fresno Association of REALTORS b y M L S C h a i r p e r s o n A n n i e F o r e m a n New Fresno MLS Feature: On Market Date I am thrilled to discuss a new feature of the Fresno MLS, On Market Date (OMD). Have you ever taken a listing that wasn t ready for the market yet? The seller takes 3 weeks to get the house ready and by the time you get it on the MLS the Days of Market shows 21 days. This is very frustrating, especially in a fast paced market. Now agents have the ability to exclude the listing from the MLS with the option to modify DOM calculations. For example, you take a listing on October 1st but you don t want to put it on the MLS until October 21st. You can have the seller sign the RLA with the Fresno Seller MLS Listing Exclusion Form and input the listing to the MLS within 3 business days from the listing start date but set the OMD as October 21st. So you re listing will stay in an unapproved state until October 21st. On that date the listing will change to Active automatically. On October 21st the DOM will show as 0. If you need to adjust the OMD you can do so ahead of time but not after it switches to Active. To enjoy the benefit of modifying the DOM calculation there cannot be any form of marketing the property. This includes a For Sale sign, Internet Advertising, Open Houses, Showings, Flyers, Social Media Posts, etc. IN THIS ISSUE: MARKET MINUTE MLS "DID YOU KNOW?" TIPS & TRICKS - VIDEO REALTOR SAFETY UPCOMING EVENTS & TRAINING (Continued on Pg 2.) Pg. 1

2 Pg. 2 The 3 key rules of On Market Date: 1. Listing still has to be entered to the MLS within 3 business days of listing start date with List Date and On Market Date. 2. Seller MLS Listing Exclusion Form must be submitted to the MLS within 3 business days of the listing start date. 3. No Marketing of the property. If an agent wants to market a property prior to the On Market Date then a RLA and SELM is still required to be submitted to the MLS within 3 business days of the listing start date but DOM calculations will begin at the time marketing begins. Speaking of Days on Market I d like to point out that DOM in Fresno & Clovis is down 19% from 1 year ago. The Average Cumulative Days on Market in August 2017 was 34 days compared to 42 days in August Hey there! Did you know... Fresno Association of REALTORS allows you the opportunity to join CRMLS as an FAR Member! -Click here for the CRMLS Application- FRESNO MLS MARKET MINUTE Tips & Tricks MLS-Touch Branding

3 Pg. 3 N.A.R. News REALTOR SAFETY MONTH K n o w l e d g e. A w a r e n e s s. E m p o w e r m e n t. T h e s e a r e t h e c o r e c o m p o n e n t s o f R E A L T O R S a f e t y. A n d h e l p i n g o u r m e m b e r s u n d e r s t a n d t h e r i s k s t h e y f a c e c a n m e a n t h e d i f f e r e n c e b e t w e e n l i f e a n d d e a t h. N A R h a s a l s o d e v e l o p e d R E A L T O R S a f e t y m a t e r i a l s f o r u s e t h r o u g h o u t y e a r, i n c l u d i n g : - N e w w e b i n a r s o n R E A L T O R S a f e t y, p r e s e n t e d b y i n d u s t r y e x p e r t s. - Q u a r t e r l y s a f e t y m e s s a g e s f o c u s i n g o n s e a s o n a l t i p s f o r o n t h e j o b a n d a t h o m e, s e n t t o A s s o c i a t i o n s a n d b r o k e r s t o s h a r e w i t h m e m b e r s. - E x p a n s i o n o f c l i e n t s a f e t y m a t e r i a l s a n d r e s o u r c e s -- CLICK HERE TO REGISTER FOR N.A.R. SAFETY WEBINARS -- N O, YOU DON'T OWE FOR AN ETHICS BREACH Many agents and brokers are receiving a text that says they violated NAR's Code of Ethics and owe a fine. It's a Scam. NAR doesn't operate that way. In another scam, a text is sent saying you won a prize from NAR and need to pay taxes on it.

4 Pg. 4 Calendar Coming Training & Events! September Held at F.A.R Office Offsite Event Held at Yosemite Branch Office TUE 19 THUR 21 8:30am - MLS Home Tour Meeting 11:30am -Rapattoni MLS Training - Yosemite Branch Office- 9:00am MLS Home Tour -Yosemite Branch Office- 10:30am Realist Training TUE 26 WED 27 8:30am - MLS Home Tour Meeting 10:30am Zipform & Digital Ink Training 10:30am Zipform & Digital Ink Training - Yosemite Branch Office- 10:30am Clerical Training/Renewals FRI 22 8:30am -Investors & Exchangors THUR 28 9:00am MLS Home Tour -Yosemite Branch Office- 1:00pm Mock Trial MON. 25 2:00pm HUD Training FRI 29 8:30am -Investors & Exchangors SAT 30 3:00pm Fresno State Tailgate

5 Pg. 5 N E W S / E V E N T S S E P T Our deepest condolences to the family and friends of Barbara Cosby-Husid Who recently passed away REALTOR, Guarantee Real Estate T H U R S. S E P T. 2 8 T 1 P M MOCK TRIAL Come Witness the Hearing Process First Hand! Filing of Complaints Grievance Committee Review Forward to Hearing Actual Hearing Mediation vs. Arbitration Hearing Appeal Process Decision S A T. S E P T. 3 0 T 3 P M FRESNO ASSOCIATION OF REALTORS AFFILIATE COMMITTEE FSU TAILGATE PARTY Tailgate tickets are $5 and can be purchased by calling F.A.R at Join F.A.R in SECTION 5 TICKETS ARE $20 PROMO CODE: REALTORS

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