In a word, IRES. While we prepare for the implementation deadline for the new rules supporting the changes in the NAR settlement, IRES is making changes to our Rules and enforcement process. IRES approaches all compliance in an educate first, fine second manner. That said, the implications of not following the terms of the settlementContinueContinue reading “Who is Responsible for the Compliance with the NAR Settlement?”
Tag Archives: real estate
What Policy Changes are Required by the MLS to be in Compliance with the NAR Settlement?
Eliminate and prohibit any requirement of offers of compensation on an MLS between listing brokers or sellers to buyer brokers or other buyer representatives. Retain, and define, “cooperation” for MLS Participation. Eliminate and prohibit MLS Participants, Subscribers, and sellers from making any offers of compensation on an MLS to buyer brokers or other buyer representatives. Require an MLSContinueContinue reading “What Policy Changes are Required by the MLS to be in Compliance with the NAR Settlement?”
Important Considerations Relating to the NAR Settlement
There are many things to consider when adapting to the new practice changes. One important and in-depth resource is NAR Settlement FAQs. IRES recommends you also rely on your brokerage leadership, counsel, CAR, and/or DORA for all questions regarding representation agreements. What if I am not a REALTOR®? IRES Rules, updated as necessary to complyContinueContinue reading “Important Considerations Relating to the NAR Settlement”
Changes are coming to IRES MLS on or before August 15th, 2024!
Changes are coming to your MLS in response to the NAR settlement. Paramount to this transition is for all of us to understand that allegations of commission steering were at the heart of this litigation. Anything that creates the appearance of a system of multi-broker commission sharing network could bring liability on both brokers andContinueContinue reading “Changes are coming to IRES MLS on or before August 15th, 2024!”
HomeSpotter For All
HomeSpotter power users have reported using the app for a variety of purposes, all to benefit their real estate business as a whole. See below for fresh ideas on improving your business, right from your smart phone or tablet. As an Agent: I am hosting an open house, and a prospective buyer comes in whoContinueContinue reading “HomeSpotter For All”
Sentrilock How To
Whether you are a Listing Agent, Showing Agent or Listing Office Admin, Sentrilock access can be granted and one-day codes generated. Use SentriConnect app or SentriKey for Bluetooth and non-Bluetooth lockboxes. Not sure which to use? See the graphics below. Listing Agents Listing Office Admins Showing Agents
June MLS Subscriber Requested Changes
Thank you subscribers, for your input and feedback to help improve the MLS. Property Explorer: Popular Search Inside Property Explorer’s Popular Search section, we have added 1 and 2-year options to the List Date and Off Market Date dropdowns for easy access to quick dates. Add/Edit: Coming Soon The 8-day restriction for Coming Soon listingsContinueContinue reading “June MLS Subscriber Requested Changes”
IRES Listings Are Now Available on Nestfully!
As an IRES subscriber, you’ve benefited from the ability to showcase your listings locally on Coloproperty.com, as well as various regional and national IDX and syndication websites. With IRES listings now live on Nestfully, IRES Subscribers will have an additional option to promote their seller’s listings! Developed as a collaboration among some of the nation’sContinueContinue reading “IRES Listings Are Now Available on Nestfully!”
A Letter From Your CEO
Dear IRES Subscribers, Many of you have been busy! Almost every market metric has improved compared to this time last year. New listings, pending sales and closed sales are up. So are median and average sales prices. The market is adding new inventory faster. Month’s supply of inventory has increased, but still is at aContinueContinue reading “A Letter From Your CEO”
NAR Settlement and the Value of the MLS
The MLS that enables you to help your clients buy and sell a home. It’s easy to overlook the significance of having accurate, timely, and comprehensive market data all in one place. The consistency and accuracy of MLS data is what makes technology work for the tools you use every day.