Auction property in mls
Download
1 / 7

Auction Property in MLS - PowerPoint PPT Presentation


  • 162 Views
  • Updated On :

Auction Property in MLS. Geoff Gurney, CIO Emerald Coast Association of REALTORS ®. National Association of REALTORS ® Multiple Listing Issues and Policies Forum May 15, 2008. Summary of ECAR Auctions. Information Exchange Model Separate from sales categories No compensation

loader
I am the owner, or an agent authorized to act on behalf of the owner, of the copyrighted work described.
capcha
Download Presentation

PowerPoint Slideshow about 'Auction Property in MLS' - JasminFlorian


An Image/Link below is provided (as is) to download presentation

Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.


- - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - -
Presentation Transcript
Auction property in mls l.jpg

Auction Property in MLS

Geoff Gurney, CIO

Emerald Coast Association of REALTORS®

National Association of REALTORS®

Multiple Listing Issues and Policies Forum

May 15, 2008


Summary of ecar auctions l.jpg
Summary of ECAR Auctions

  • Information Exchange Model

    • Separate from sales categories

    • No compensation

    • Voluntary participation

  • Describes the Auction

    • No price

    • Details of event

    • Limited property information

  • Slow Steady Acceptance

    • Released May 2004

    • Measurable increase in usage

    • Rules added to MLS categories


Ecar auction required fields l.jpg

Auction

Auction Type(Absolute, Minimum Bid, Reserved)

Auction Date

Auction Location

Pre-Offers?

Bidder’s Choice?

Online Bidding?

Inspection/Preview Instructions

ECAR Auction Required Fields

  • Property/Listing

    • Property Address

    • Parcel ID/Legal

    • Property Type(Home, Condo, Commercial, Land, etc.)

    • Seller Name

    • Listing Date

    • Expiration Date


Ecar auction optional fields l.jpg

Property/Listing

Square Footage

Bedrooms

Baths

Stories

Year Built

Acreage

Waterfront Type

Waterview Type

Seller Phone

ECAR Auction Optional Fields

  • Auction

    • Minimum Bid

    • Auction Time

    • Buyer’s Premium

    • Registration Deadline



Subsequent actions by mls l.jpg
Subsequent Actions by MLS

  • July 2006 – added MLS rule requesting non-listed property sold at auction to be entered into appropriate sales category at closing

  • May 2008 – added requirement that current listings being “converted” to auction be identified if staying active and include Type of Auction and Auction Date


Additional information available l.jpg
Additional Information Available

  • Need help setting up auctions?

    • Auction Marketing Council web site

      http://AuctionMarketingCouncil.com

    • Geoff Gurney

      Emerald Coast Association of REALTORS®

      [email protected]– (850) 243-6145

    • Ben Anderson

      [email protected]– (850) 654-5300


ad