NAR is offering Free 2016 membership to the Land Institute International. For Member Benefit, more information and instructions:
We are Now Taking Nominations For TAAR 2014 REALTOR® of the Year Do you know someone who deserves to be recognized? Do they meet the criteria?
Nominations are due by 7-15-14
Dear NGLRMLS Participant
As you know the Listhub arrangement died April 6, per Zillow/Trulia’s decision.
As your regional MLS we have no recourse but to try and figure out if NGLRMLS even has a role in developing any kind of a direct syndication solution going forward as the current and familiar syndication tool for us is Listhub and of course, this shall not be an option anymore for brokers wanting to display listings on Zillow/Trulia.
We sent out a survey to broker/owners in our regional MLS to measure the level of interest among broker/owners in having us pursue an arrangement. The email open rate was over 50% but the response rate to the actually survey was very low and so we’re trying to figure out next steps but our feedback information is wanting. Currently our “read” on this situation, based on the survey, is that we should not rush to a decision nor craft a hasty agreement with Zillow.
The regional NGLRMLS (TAAR, NEMBOR, CMAR) met yesterday morning in Cadillac with Jim Bridges the Zillow rep and representatives of the Paul Bunyan Association of REALTORS. At this time the regional has not determined if an MLS centered relationship with Zillow/Trulia is warranted. Most of the large franchise operations have already struck their own deal with Zillow leaving small and medium sized brokerage operations with no recourse at this time except to strike their own arrangement/agreement with Zillow/Trulia. We caution those that choose this path to carefully review such agreements as some of the ones we’ve seen are not altogether favorable to the broker.
Also, NGLRMLS does not have an IDX or RETS feed option for populating Zillow/Trulia at this time so any arrangement brokers may make would require manual data input. We had pointed out this fact to our broker/owners several weeks back knowing that an agreement may not be reached prior to the cut-off date.
Should the NGLRMLS decide to negotiate with Zillow for a direct RETS feed this will take several weeks. Nationally some MLS operations have established agreements but conversely, almost as many have not. Brokers fall into an almost evenly split category of those that favor syndication and those that do not. As to what agents want, well this must first be determined by the Broker/Owner because the control of the listings as you know belongs to them.
There are many spinning plates out in the industry right now around syndication, data feeds and data security issues. We are first and foremost trying to insure that our members and their MLS data are sufficiently protected and secure, now and in the future.
We’ll keep you and all of our members posted on further developments as this evolves and again, we apologize for any inconvenience this may cause you or your clients. Like you we are subject to frustrating and changing events occurring that fall well beyond our sphere of influence.
Kimberly R. Pontius CAE, RCE, GREEN, E-Pro
Northern Great Lakes REALTORS MLS
This is intended to be an occasional column regarding mediation as it pertains to real estate and all things thereof. FAQ’s regarding mediation (1) What is mediation? “Mediation is a negotiation process facilitated by a trusted neutral person having no power of decision.” -- Constantin-Adu Gavruka Mediation is a process with a beginning, middle, and end that involves two or more parties and one or two neutral mediators who control the process but NOT the outcome. It allows the parties in dispute to meet in a confidential, private setting and work out a solution to their problem.
Last week I attended a community leaders meeting about the Boardman River and the dam removal process. Attached is a copy of the PowerPoint which was used. It was very helpful to understand what is going on. Bottom line, in spite of the efforts of some local elected officials to stymy the Cass Road bridge project and cloud the project with conversations about a new Hartmann-Hammond bridge project it looks as if things are moving forward.
There are any number of reasons why this Cass Road bridge project needs to get done, but I won’t go into detail here. Viewing the PowerPoint covers many of these issues. http://www.theboardman.org/userfiles/filemanager/421/ What I really want you to know is this. Year 1 (2016) of the project builds the new bridge and excavates the original or relic river channel. Cass Road will be closed from May until sometime in the fall while work is being done. The current one-lane bridge will be open through the winter but will close again in the spring of 2017 while the river is returned to its original or “relic” channel under the new bridge and Boardman dam is removed. Work should conclude in the fall of 2017 and the Cass Road reopened. Why is this important? We have few good east-west traffic corridors and it means that for two summer seasons one of them will be out of commission. Because REALTORS move around the region a lot and usually try and find the fastest most efficient route, knowing that this road and bridge will be closed will allow you to plan better. When it is done there will be a very solid and efficient east-west connector back on the grid. Also, while we’re talking roadwork you need to plan for this years bottleneck which will be U.S. 31 across the bottom of East Bay. MDOT will be rebuilding this major artery and it’s going to cause some angst. Let’s remember that the end result will be better, safer roads and bridges when these projects are finished. For more details on 2015 road construction projects visit this website. http://www.networksnorthwest.org/planning/transportation/2015-road-construction.html I hope this information helps your personal radiator avoid boiling over, especially when the summer crowds get here.
Recent research by the National Association of REALTORS® indicates that metro areas with a low cost of living as well as areas with sunny weather are poised to see an increase in Baby Boomers as many are forgoing retirement and still remain active in the workforce.
“The millennial generation is an even larger population than the baby boomers, their potential impact is huge.” According to author Andrew Strauch. How can you help them enter the housing market?
- Buy sooner rather than later-interest rates rise and fall
- A home they like tailoring to the more social aspect of this demographic.
- Reaching them- newsletters with personality, word of mouth, are effective.
Note this recent article from the Ticker dated February 4, 2015 concerning the Traverse City Planning Commissions decision to move forward with Accessory Dwelling Units (ADU’s, Granny Flats, Mother-in-Law Suites). The next step is approval by the City Commission. I’m sure that input from REALTORS on this issue would be most appreciated so take a minute to contact a commissioner, write a letter to the editor, show up for a public hearing or all of the above. This issue comes around about every two to three years and typically there is little input from us.
Want to know more of the subject? Go to the NAR website or get a copy of In-Laws, Outlaws and Granny Flats by Micheal Litchfield. Here is a YouTube based on the same. https://www.youtube.com/watch?v=gHGndlxpNBY (you may have to copy and paste this to your browser)
The results are in after a month of voting. The Bylaws are officially ratified by a vote of 181 for adoption and 9 votes against. A total of 178 votes were needed to meet the quorum requirement based on our current REALTOR membership numbers. Thanks to all members who participated.
The Bylaws of the Traverse Area Association of REALTORS can always be found on the Members Only website under the tab for Governance ➡️ Documents and Publications.
The Habitat for Humanity, Grand Traverse Region (HFH-GTR) affiliate is accepting Requests for Qualifications (RFQ), from potential REALTORS®/brokers to aid HFH-GTR in the sale of vacant and developed real estate that HFH-GTR may receive as a charitable contribution and elect to sell in order to raise cash in support of the programs & services of HFH-GTR. Full details