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Sold

Compliance Tip: Changing listings to SOLD status under TRID

December 1, 2015  |  by Michelle

As a result of the new TRID rules, some agents will not get a copy of the new settlement sheets and/or the purchaser has requested that the mortgage information is not to be entered into MRIS. If you do not have the information for the Loan Type 1st Trust (FHA, Conventional, etc.) and Loan Amount 1st Trust required fields, you... Continue Reading

quicktipsmrisu

MRIS-U Quick Tip: Running Listing Compliance Reports

September 15, 2015  |  by Jess

Here’s another handy MRIS-U Quick Tip taken from MRIS 101: Kick Off Your Career with MRIS. Click here to find an upcoming class at a location near you. Did you know that you can run reports to check for certain common compliance violations? The Listing Compliance Report and the Listing Contingency/Expiration Report links let you proactively run reports that scan... Continue Reading

Coming Soon Real Estate Sign

Days on Market for Listings in Coming Soon Status

March 9, 2015  |  by Michelle

Recently, MRIS has received inquiries on how entering a listing in Coming Soon Status affects the reset of Days on Market Property (DOMP) for a property. The calculation for Days on Market (DOM) and for resetting DOMP for the new status COMING SOON is consistent with the long standing MRIS policy for the calculation of DOM (Days on Market). DOMM... Continue Reading

Equal Housing

Familial Status and Fair Housing Regulations

May 15, 2014  |  by Michelle

Thanks to the new Keystone enhancements, it’s easier to know which remarks fields are for agent remarks and which are for the public. Remember, the Internet/Public Remarks fields appear on Broker IDX sites and syndication sites. This is a form of advertising and must adhere to Federal, State and local Fair Housing regulations. According to HUD, “Advertisements may not state... Continue Reading

Listing Contingency and Expiration Reports

Day 10: Running Listing Contingency/Expiration Reports on MRIS.com

September 16, 2013  |  by Jess

Another day, another cool tip about MRIS Core! Did you know that you are able to run a report of your listings’ expiration dates from the MRIS.com website? It’s true! Simply log in to your MRIS.com account and click on the Compliance option under the Quick Links box. Once you’re on the Compliance page, scroll down the navigation menu on... Continue Reading

MRIS-U_Books

Don’t Miss Next Tuesday’s Tool Tip on MRIS Compliance

July 19, 2013  |  by Jess

How much do you know about MRIS Compliance? Find out more at our next Tool Tip Tuesday! Next Tuesday, July 23 at 10am, we’ll be giving you an overview of Compliance Issues as they relate to listings and sales. Learn what you want and need to know about MRIS Rules and Regulations, review acronyms like VOW and IDX and much... Continue Reading

Short Sales

Short Sales and Bank of America Policy Statement

February 13, 2013  |  by Michelle

Some Real Estate licensees have received correspondence from Bank of America regarding the entering of Short Sales in the MLS and the marketing of properties. Certain policies proposed by Bank of America violate the MRIS Rules and Regulations and, in certain circumstances, may violate the Code of Ethics and state licensing law. A number of MRIS customers reached out to... Continue Reading

Distressed Properties 2

Entering Distressed Properties

February 12, 2013  |  by Michelle

Last year, we launched the Transaction Type field designed to help improve the way you enter and search for distressed properties. Whenever you’re entering distressed properties, please refer to the definitions list below, and remember, if you currently have multiple transaction types selected for a listing, please edit your listing to select on transaction type. Standard sale refers to a property... Continue Reading

Craftsman Style

Choosing an Architectural Style for Listings

December 18, 2012  |  by Jess

Have you ever tried to search for a particular architectural style using a home search tool? Often it’s like trying to find a needle in a haystack. Help improve the chances of interested buyers finding your listings with this great tip from our friends in the Compliance Department: Are you unsure about what to choose as a home’s Style? Not... Continue Reading

Selecting Temp Off Status

Setting Your Preferences to Show Temp Off Listings

December 7, 2012  |  by Jess

Happy Friday! Today we have a special treat for you – a tip from our friends in the Compliance Department regarding Temp Off listings. Suzanne writes: Please be aware that in Keystone your results under “All” will not include Temp Off listings. To include these listings, you’ll need to set your Preferences to include them. Follow the steps below to... Continue Reading

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