SCWMLS-01-crop.jpg

Newsletter

September 2022

Maximum Fine Increased for Late Reporting of Sold Data

 

MLS rules allow you 10 days from the closing date to report a listing as Sold.   The fine after 10 days is $5 per day.   There was a maximum cap of $25 for this fine, but due to repeated offenses, it is apparent that $25 may not be a large enough deterrent.  At their August meeting, the MLS Board of Directors increased this maximum cap from $25 to $100.

Click here for pdf version of graphic above - please share


Click here for additional information on Delayed status

Still Filling out Paper Profile Sheets for New Listings?


Agents with basic Realtor level Paragon access can enter listing data for a new listing directly into Paragon (Listings –> Add Listing) and save it as a partial. This option streamlines the add listing process by allowing agents to directly key in listing data as opposed to filling out profile sheets. Partial listings can then be reviewed and saved as live listings by users with office administrative access. When entering a partial listing, an agent should make note of the partial listing number assigned to pass on to their office listing administrator, along with any documentation required by their office. If the listing should be entered in a status other than Active, that should also be noted. Administrators can then pull up the partial listing to complete under Listings -> Maintain Partials.


A Few Tips:


Selecting Tax Autofill will pull in data from public records.


You can select to save as a partial several times along the way to save your work.


Photos and documents can be added via links to the left of the data entry fields. 


Before handing off to your administrator, click Save Listing to trigger input rules to make sure you have not missed any required information. Click the red triangle to jump to the field that contains missing information. Status will be entered by your administrator.

Customize your Paragon Market Monitor


Did you know you can customize the Market Monitor on the Paragon Home page to limit the display of listings to certain counties, cities, school districts, or types of property. Click the gear to the right of the words Market Monitor to set your preferences.


Clicking the My Info Tab on the Market Monitor gives you quick access to your current active listings as well as your current offer-no show listings, your current delayed listings, your listings due to expire for days specified, and your solds for the past 6 months. Listings under the Sold Within Six Months link include your co-broke sales, allowing easy monitoring to be sure you are given credit for co-broke sales.

WIREX Milestone

 

Since June of 2017, we have imported over 25,000 listings from other MLSs, via WIREX, directly into your SCWMLS database to make it easier for you to find them. These listings are located in the 20 South Central WI counties our SCWMLS members typically list and sell in. The MLS numbers for these listings are prefixed by 2 letters to make the MLS number unique, and to identify them as listings that originated in a different MLS system (i.e. MM for Metro MLS). If you are looking for property outside these 20 counties, switch to WIREX to search.

 

WIREX is a joint venture between 7 MLSs in Wisconsin to create a shared database including almost 90% of the MLS listed properties in Wisconsin. WIREX provides an offer of cooperation and compensation between participants for these listings. MLSs Participating in WIREX include: Central Wisconsin, Lake Superior, Metro Milwaukee (including La Crosse), Northeast Wisconsin, Northwestern Wisconsin, South Central Wisconsin (including Rock/Green), and Western Wisconsin.

Strange Expiration Dates


You may have wondered why active listings that are imported from other MLSs via WIREX have 1/1/2079 as their expiration date. Most MLSs do not display the expiration date for active listing within their MLS systems. Our agreement via WIREX requires us to honor restrictions set in the native MLS systems. Paragon requires data be included in the expiration date field, so we use 1/1/2079 as a placeholder. The actual expiration date is hidden, and when the property is moved to an expired status, the placeholder is replaced with the actual expiration date.


circle cap.png

Upcoming Training Opportunities 


Collab Center: Do you want to set up buyers with an automatic search that notifies them about new properties? Learn how to set up a Collab Center site for your buyers, and what they can do with it. Thursday, September 8th @ 3:00 PM, register here.


Map Search in Paragon: With Paragon's map search you can visually define areas on a map to search for listings. Join SCWMLS trainer, Dave Bass, for this 30-minute class where you will learn how to draw different shapes on the map and edit them, use layers to show lots of helpful information, and more. This live class will be held via Zoom on Wednesday, September 14th @ 11:00am. Please register here.

 

Paragon Overview Classes: We offer weekly live classes for Paragon training. To register for an upcoming session click here.

MLS_STATS_GENER.jpg

We have recently adjusted county groupings to better align markets, and to ensure sufficient monthly sales to reflect meaningful median and average sale prices. We now report statistics under the combined counties of Adams/Juneau/Monroe and Green Lake/Marquette/Waushara. Before this change, we were not including statistics for Juneau or Monroe counties. 

South Central Wisconsin Multiple Listing Service

4801 Forest Run Rd, Suite 101

Madison, WI 53704

(608) 240-2800

www.scwmls.com