Flat Fee MLS Listings in Alaska, Arizona, California, Idaho, Louisiana,
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Archive for October, 2010

Grand Island, Nebraska added to our coverage area

J. Andrew English J. Andrew English
Friday, October 29th, 2010

We are pleased to announce our entrance into the Grand Island, Nebraska market.  We are now offering Flat Fee MLS listings to property owners throughout all of Hall County Nebraska. To list your property on the local Grand Island MLS, please visit http://www.congressrealty.com and click on the list now icon.

NOMAR UPDATE

J. Andrew English J. Andrew English
Wednesday, October 20th, 2010

NOMAR is requiring that all active MLS listings include the residential disclosures as a part of the listing. The MLS has a separate area for attachments to the MLS listing. In this location, we add the disclosures by attaching them to the listing via a PDF file. It is imperative that all Louisiana sellers fax back the disclosures to 866 314 7201. We will upload them upon receipt. To locate the disclosures, you can visit the private client area and click on state approved docs. We also emailed the disclosures to each Louisiana seller on Tuesday of this week.

Why is NOMAR requiring this?  In short, they want to give agents working with buyers as much info as possible prior to showing each listing.

Uploading Photos – Timing is everything

J. Andrew English J. Andrew English
Friday, October 8th, 2010

It is almost always in your best interest as a seller to upload your photos at the same time your listing goes active. The reason for this is simple, many 3rd party sites pull data from the MLS the moment the property first goes active. If photos are missing, you run the risk of multiple 3rd party sites displaying your listing without photos. How do you avoid this problem? Simple, use our prelisting manager to upload remarks before faxing or emailing your paperwork. If you have any trouble with our prelisting manager, email your photos to info@congressrealty.com prior to sending in your listing documents.

Should I offer a buyer broker bonus?

J. Andrew English J. Andrew English
Friday, October 1st, 2010

Generally, as a seller, you want to offer competitive buyer broker compensation to help entice the highest and best offer your property can generate. So… do bonuses actually work? The truth is that I can’t ever recall seeing a situation where a bonus helped entice an agent to bring a buyer to a certain property or entice an agent to convince a buyer to move fwd on a property the client was unsure of. The reality is that most buyer agents are ethical individuals who have their clients interests at heart. As a seller, you are much better off offering competitive buyer broker compensation coupled with the best list price. This will almost always bring the highest net to the seller in the long run.