Anyone Else Fed Up With Realtor Based Multi-list?

[Timeismoney72]

MLS THIRD PARTY ACCESS

http://www.realtor.org/sites/defaul...hures/2014/2014-Checklist-MLS-Participant.pdf

Yeah, if you have flex, look on the left in the other crap we need to tell you link and look for 3rd party access to see what the charge is just for the MLS.

You may not have to "join" and volunteer to pay RPAC, but I believe the law has been changed that the MLS systems have to allow 3rd party access, but it isn't free.

I don't have Flex anymore.. That was territory I eliminated. CPML is the MLS I use.

 

[Timeismoney72]

MLS THIRD PARTY ACCESS

http://www.realtor.org/sites/defaul...hures/2014/2014-Checklist-MLS-Participant.pdf

Yeah, if you have flex, look on the left in the other crap we need to tell you link and look for 3rd party access to see what the charge is just for the MLS.

You may not have to "join" and volunteer to pay RPAC, but I believe the law has been changed that the MLS systems have to allow 3rd party access, but it isn't free.

I don't have Flex anymore.. That was territory I eliminated. CPML is the MLS I use.

MLS THIRD PARTY ACCESS

http://www.realtor.org/sites/defaul...hures/2014/2014-Checklist-MLS-Participant.pdf

Yeah, if you have flex, look on the left in the other crap we need to tell you link and look for 3rd party access to see what the charge is just for the MLS.

You may not have to "join" and volunteer to pay RPAC, but I believe the law has been changed that the MLS systems have to allow 3rd party access, but it isn't free.

and thank you for the link..

 

[Timeismoney72]

May not be a 'state board' requirement but most, if not all, lenders/Fannie/Freddie/AMC require that the appraiser be a participating member of the local MLS (for geo-competency reasons).

My MLS covers one county and partial of two more. My 'area' is six counties, and those I do not have MLS. But being a member of those MLS services is not a prerequisite doing eminent domain work.
I do lending work in the area that my MLS covers part time.

I have yet to be asked by any lender or AMC if I have access to the local realtor MLS. They have asked about experience in the area and such but never specifically about MLS access.

 

[Meandering]

I won't endorse the online stuff as the only source of data,
But I'm biased as I've reviewed some crappy appraisals,
and I'm an agent and believe that the "best" data is in the MLS, and the online services don't add or change any data, but they do limit the data.
So the local MLS has my endorsement.
Plus I think that as a "member" I am supposed to say that.

But I could see where the online sources fall flat on complete data, so the 1004MC and all price changes will be impossible to track if online sources were the only source of data.

So your next question is will the BOR allow you access to the archives, (MLS BOOKS) in their library and such so that you can look at the historic stuff for review work? I think that's board specific.
.

 

[bnmappraisal]

$1,500/yr for MLS seems steep. I pay roughly $500/yr for MLS

I am in an urbab/suburban area, which from the posts, sounds like is NOT the case with the OP

 

[Timeismoney72]

I won't endorse the online stuff as the only source of data,
But I'm biased as I've reviewed some crappy appraisals,
and I'm an agent and believe that the "best" data is in the MLS, and the online services don't add or change any data, but they do limit the data.
So the local MLS has my endorsement.
Plus I think that as a "member" I am supposed to say that.

But I could see where the online sources fall flat on complete data, so the 1004MC and all price changes will be impossible to track if online sources were the only source of data.

So your next question is will the BOR allow you access to the archives, (MLS BOOKS) in their library and such so that you can look at the historic stuff for review work? I think that's board specific.
.

I've also reviewed some crappy appraisals.. I honestly don't know how some of them still have a license.

I've been using the MLS for so long, I hadn't even considered anything else until I reviewed a clean report where other sources were used. Now a $1,500+ bill just isn't looking justified. My local MLS had been accepting monthly payments and one time yearly dues. Then I get an email and a notice that the full amount for the year is due within 30 days. No warning.. just a bill with no other options. When I contact them, the response was "it is what it is". I followed up with e-mails and they won't even respond. The amount didn't change for the year but the way it was handled kind of ticked me off.

The 1004mc information is an issue without the MLS access but I'm going to dig a little deeper on that as well.

I still have about 10 years of paper books that I purchased but that ended a few years back.

 

[Timeismoney72]

$1,500/yr for MLS seems steep. I pay roughly $500/yr for MLS

I am in an urbab/suburban area, which from the posts, sounds like is NOT the case with the OP

If it was $500 a year I wouldn't even be considering alternatives.. Read my last post, it gets even better. Lol

I am in a suburban/urban area by PA standards..

 

[JTip]

1k for annual MLS (after 4k initial sign up) and 500 for assessment access just for data.

Whatever the cost, it comes off the top of the gross. Cost of doing business.

 

[gregb]

Curious how the 1004MC would be completed without MLS?

 

[Timeismoney72]

1k for annual MLS (after 4k initial sign up) and 500 for assessment access just for data.

Whatever the cost, it comes off the top of the gross. Cost of doing business.

Typically, I would agree but the pay it because you have no other option attitude I got from my local MLS did not sit well with me.

Also, I am a sole proprietor, no employees.. I only use MLS for comp searches and 1004mc. If it was 4K initial and 1k annual, I would not be in business or I would find another way. I know of at least 2 local appraisers that pay a broker for access rather than becoming a member. I'm not sure how that works legally but I know it's being done.