What is a non-disclosure state? A non-disclosure state refers to a state in the United States where real estate sold prices are not publicly disclosed or recorded as part of the public record. In these states, the actual sold prices of properties are not readily available to the public or obtained through government records. Unlike…
What is the Multiple Listing Service (MLS)?
Realtors® have invested substantial resources to the development of Multiple Listing Services (MLS) and other real estate innovations. The MLS has helped streamline transactions and improved efficiency. The MLS platform is where brokers offer cooperation and compensation to each other. According to the National Association of Realtors® in the late 1800s, real estate brokers convened…
Variable Rate Commission
Per NAR, A Variable rate commission is where the commission amount paid varies depending on who is responsible for the sale. If the listing broker or their team is responsible for the sale, one commission amount is paid. However, if the sale is the result of the seller or a cooperating broker a different commission…
Benefits of Professional Photography
While it might be tempting to use a smartphone for real estate photography, it can have drawbacks compared to professional photography. 1. Image Quality: While smartphone cameras have improved significantly in recent years, they still cannot match the image quality provided by professional cameras. Professional cameras have larger sensors, better optics, and advanced settings that…
What is an Office Exclusive Listing?
An office exclusive listing refers to a property that is exclusively listed within a specific real estate brokerage or agency. In this arrangement, the listing is not made available to the public through the multiple listing service (MLS). Instead, the listing is kept with the brokerage and only the agents and brokers affiliated with that…
Intermountain MLS Training in Moscow & Lewiston – September 2023
Intermountain MLS will be holding in-person training classes on September 19, 20 , & 21, 2023 for IMLS Members in North Idaho. The classes will be held at the Best Western University Inn in Moscow and the Hells Canyon Grand Hotel in Lewiston. There will be seven different classes held, some with Idaho CE elective…
Co-oping Your Supra eKey®
Co-oping allows you to use the Supra eKey® app to access iBox BT LE Lockboxes in different regions or MLS/associations, eliminating the need for multiple keys and additional fees. It simplifies your access to lockboxes and saves you money, time, and effort. Co-oping is seamless and flexible, If you’re expanding your business into a new…
Spot and Avoid Real Estate Scams
FEDERAL TRADE COMMISSION WEBSITE: https://reportfraud.ftc.gov/#/ PHONE: (202) 326-2800 EMAIL: [email protected]
IMLS Remarks Do’s and Don’ts
When entering new listing remarks or making changes to listing remarks, it’s important to remember what can and can’t be included. Intermountain MLS follows the National Association of Realtors® handbook on multiple listing policies. Listing Remarks Do: Don’t: Agent Remarks Do: Don’t: Tips for Writing Remarks
IMLS Q3 Billing Note Update
If you have Autopay setup, please disregard the note at the bottom of the Q3 Invoice, Autopay will process on July 24th.