Where Real Estate Gets Its Dirt

DOM Ice melts

Andrea Brambila for Inman News – MLSs roll back rule and status changes to pre-pandemic norm

“Only two of 30 MLSs who responded to Inman’s inquiries chose to outright pause days on market for Active listings, though about half chose to adjust the rules for listings in other statuses that do not accrue days on market and which proved to be more popular during the early days of shelter-in-place orders. Now that lockdown restrictions have eased in many places nationwide, many, though not all, of those rule changes have gone back to their pre-pandemic normal. The 30 MLSs represent nearly 900,000 agent, broker and appraiser subscribers nationwide.”

Who loves 2,500 words about the intricacies of MLS organizations discussing days on market? This guy!

Setting aside its 2020 and we still can’t agree on what Day On Market actually means this article gives a great overview of the regional responses MLS organizations took to the onset of the global pandemic.

Greater Gateway Association of REALTORS® Partners with MRED

Greater Gateway Association of REALTORS® Partners with Midwest Real Estate Data

“This agreement gives GGAR members the opportunity to use MRED’s services in addition to their current MLS, exchanging listings directly with real estate professionals in MRED’s coverage area as well as their local marketplace.
GGAR provides resources to more than 1,200 real estate professionals across 135 offices in eight southwest Illinois counties. GGAR becomes the 16th REALTOR® association in Illinois to partner with MRED.
GGAR CEO Kyle Anderson said partnering with MRED allows his association to build on a track record of outstanding service and providing members additional opportunities to expose properties to a broader audience.”

This is interesting in that Great Gateway AOR borders on Missouri, and currently also members of MARIS MLS. My guess is that having, what I would classify as a “system of choice” option will help GGAOR with expansion opportunities. The same goes for MRED.

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