Editor’s Note: Post updated 3/26/20 Real estate professionals across Colorado are feeling the uncertainty associated with rapidly-changing conditions surrounding the Coronavirus (COVID-19) pandemic. REcolorado is committed to giving you the resources you need to support your business while protecting the health and safety of our employees, customers, and partners. Please read the information below carefully […]
The REcolorado Board of Directors recently passed four rule changes for REcolorado subscribers that will take effect in the next month. REcolorado’s implementation of NAR’s Clear Cooperation policy is also coming in May. Here’s what you need to know: Teams and Productivity Beginning mid-April Beginning mid-April, when a team ID is entered on a listing, […]
A business practice among some agents is to solicit sellers whose listings have an MLS status of Expired or Withdrawn. This often includes downloading data of expired listings and sending it in bulk or paying third parties to contact sellers of expired listings. According to Section 12.6 of REcolorado’s Rules and Regulations, trolling or prospecting […]
The REcolorado Board of Directors passed a change to Listing Period Rule (Section 1.5), which states, “The listing period will begin when the listing is made Active and will continue until the listing is in an off-market status. This will be referred to as Days In MLS. If the listing broker and/or listing office expires […]
To improve the accuracy of data in REcolorado Matrix, the REcolorado Board of Directors passed a rule that revises how productivity is attributed to Teams. Beginning mid-April, Teams will receive credit for 100% of all transactions when the Team ID is entered as the listing broker or selling broker. Change to Team Productivity Reporting Previously, […]
Listing Metrics is an exclusive tool, included with your REcolorado subscription at no extra cost. It gives you valuable information, including number of views, shares, saves, and inquiries your listing is getting from REcolorado Matrix, Matrix Client Portals, and from REcolorado.com. Listing Metrics also shows you views from Homesnap, IDX sites, and syndication sites like […]
Editor’s Note: Updated April 6, 2020 To practice physical distancing, real estate professionals are turning to online options like virtual tours to continue providing an important service for home sellers. REcolorado asked Colorado virtual tour vendors to share advice to keep real estate professionals, and their clients, safe while promoting their listing. Here’s what they […]
I’m fortunate to have the opportunity to talk with MLS leaders who represent the largest 25 MLSs in the country. We each have our individual challenges and, of course, there are challenges we share, especially now. As we navigate our way through an unprecedented pandemic, which now includes marketing properties as stay-at-home orders are in […]
To make certain we are doing our part to protect the health and safety of our subscribers and Colorado home buyers and sellers during the coronavirus pandemic, the ability to enter Open Houses in REcolorado Matrix has been temporarily disabled beginning immediately. We will continue to monitor the situation closely so that this functionality can be restored when it is again safe to conduct open houses. As […]
Amid growing uncertainty surrounding coronavirus, Colorado real estate brokers are facing a new challenge: how do you appropriately promote your listing while practicing social distancing? The National Association of REALTORS® issued a guide for REALTORS® to stay safe through the Coronavirus. Meanwhile, real estate professionals have seen a significant drop in open houses and showings […]
The rapidly-changing environment surrounding the Coronavirus pandemic has generated a lot of questions among Colorado real estate professionals. First, many brokers have requested stats about Open Houses and Showings since the pandemic response began. Showings ShowingTime has reported a significant drop in showings scheduled in the last week alone on both a national scale and […]