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IN THIS ISSUE: MARKET MINUTE MLS "DID YOU KNOW?" GRAPEVINE MLS CHAIR MESSAGE REALTOR® SAFETY TIPS & TRICKS - VIDEO UPCOMING EVENTS & TRAINING the 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. (Continued on Pg 2.) Pg. 1

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IN THIS ISSUE:

MARKET MINUTE

MLS "DID YOU KNOW?"

GRAPEVINEFresno Association of REALTORS®

S E P T E M B E R 1 5 , 2 0 1 7

MLS CHAIR MESSAGEb y 2 0 1 7 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

REALTOR® SAFETY

TIPS & TRICKS - VIDEO

6720 N. West Ave, Fresno, Ca 93711  PH: (559)490-6400

UPCOMING EVENTS & TRAINING

the

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.

(Continued on Pg 2.) Pg. 1

S E P T E M B E R 1 5 , 2 0 1 7

FRESNO MLS MARKET MINUTE 

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-

Tips & Tricks

MLS-Touch Branding

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 2016.

S E P T E M B E R 1 5 , 2 0 1 7

-- CLICK HERE TO REGISTER FOR N.A.R. SAFETY WEBINARS --

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 ec 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 eb 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 et 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 ye 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 nt 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

N.A.R. News

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. 

YOU DON'T OWE FOR AN ETHICS

BREACH

N O ,

Pg. 3

S E P T E M B E R 1 5 , 2 0 1 7

8:30am -Investors & Exchangors29

9:00am MLS Home Tour -Yosemite Branch Office- 10:30am Realist Training

21

8:30am -Investors & Exchangors22

Calendar Coming Training & Events!

8:30am - MLS Home Tour Meeting 11:30am -Rapattoni MLS Training - Yosemite Branch Office-

TUE

8:30am - MLS Home Tour Meeting 10:30am Zipform & Digital Ink Training 10:30am Zipform & Digital Ink Training - Yosemite Branch Office- 

26

10:30am Clerical Training/Renewals 27

September

9:00am MLS Home Tour -Yosemite Branch Office- 1:00pm Mock Trial

28

19

THUR

FRI

TUE

WED

THUR

FRI

Held at F.A.R Office Held at Yosemite Branch Office

SAT 30

3:00pm  Fresno State Tailgate

Offsite Event

MON. 25

2:00pm HUD Training

Pg. 4

S E P T E M B E R 1 5 , 2 0 1 7

NEWS/EVENTS SEPT . 20 1 7

Come Witness the Hearing Process First Hand!

MOCK TRIAL 

• Filing of Complaints

• Grievance Committee Review

• Forward to Hearing

• Actual Hearing

• Mediation vs. Arbitration

• Hearing

• Appeal Process

• Decision

THURS . SEPT . 2 8TH @ 1 PM

FSU TAILGATE PARTY

SAT . SEPT . 30TH @ 3PM

TICKETS ARE $20 PROMO CODE:

REALTORS

Join F.A.R in 

SECTION 5

Tailgate tickets are $5 and can be

purchased by calling F.A.R at 559-490-6400

FRESNO ASSOCIATION OF REALTORS ®  AFFILIATE COMMITTEE

Barbara Cosby-HusidWho recently passed away

REALTOR®, Guarantee Real Estate

Our deepest condolences to the family and friends of

Pg. 5

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