• • Choose the listings you want to add from your Search Results.

• • Click the Save button found near the “report type” drop-down menu.  A dialogue box appears which includes a drop-down list of your saved search results and the number of listings already saved in each.  You may add up to 40 listings to these saved searches.  Choose the list you want to work on from the drop-down menu or enter the name for a new list in the field below.

Click Submit.

• • A dialogue box opens with a message letting you know that the search results have been successfully saved.  These saved lists may be retrieved by clicking on the Search tab on the toolbar and choosing Saved Search Results.

Contacts:  You now have a new option to manage your email addresses in Contacts.  You can make a contact “inactive,” so you’ll store the information, but the email address will no longer appear on the client drop-down list when sending emails from XL Paragon.

Lead Paint Disclosure:  The option to add a Lead Paint Disclosure to a Residential or Rental listing agreement has been added to Create Listing Agreement.

Hotsheet:  Two new options have been added to the Additional Criteria menu, allowing brokers and admins to run a hotsheet by any agent name within their office.

Default Email Signature:  Your saved Email Signature will now be added to automatic Prospect Emails.  If you haven’t already selected an Email Signature, go to Toolkit>User Preferences>Section 5 and choose the Default signature or customize your own.

In April 2012 vs. 2011, Sold Listings are up 12.2% , Under Contracts are up 18.1%, and Days on Market are down 12.1% .  Plus, inventory continues to slim with Active Listings down 15.2%.

Look for the NJMLS April Market Trend Report in XL Paragon next week.

Congratulations to all of you for being a part of our success!

This is one of the most frequently asked questions we receive at the NJMLS. A listing that is a short sale or potential short sale is treated the same way you would any “Exclusive Right to Sell” listing.  The attorney review period commences when both the buyer and seller have signed the contract.  Once the attorneys agree that attorney review has concluded, the listing should be marked “Under Contract.”  The bank approval for the short sale is treated as a contingency, therefore you should  not wait for the bank’s approval on the purchase amount to make these changes.  As a reminder for all listings, you have 24 hours to mark a listing as ARIP and UC, and seven days to mark a listing as sold.

What type of Ownership should I choose when I’m listing a short sale property?

A listing that is a short sale is still a privately owned property, therefore you should choose “private” in the ownership field.

We provide a monthly market update, accessible by going to Toolkit>Statistical Reports, and clicking on the NJMLS Statistical Graphs link on the upper right hand side of the page.  We also post the market update each month on the XL Paragon Desktop.

Is there a way to create a report that compares List Price to Sold Price?

You can prepare a report by choosing Statistics in the Statistical Reports menu, and selecting MLS Statistics.  Choose a date range in which you’d like to compare properties, and any additional criteria which would help to narrow your search such as county, area, price range, etc., then click the Execute button.  The report will give you information regarding Total List to Sale in Dollar value, Average List Price, Average Sold Price, Median Sold Price, the Sale Price to List Price Ratio and Average Days on Market (DOM).

Explain the difference between Sold, Co-Broker, and List/Sold when I’m running MLS statistics.  What about when I’m running Agent/Office/Company Stats?

In MLS Statistics, the Sold listings are the total number of listings sold in NJMLS.  The Co-Brokered listings are the total number of listings listed by one office and sold by a different office.  List/Sold are the total listings listed and sold by the same office.  When running Agent/Office/Company Stats, the Sold listings are the total listings sold by the agent/office or company selected, whether or not they listed the property.  The Co-Brokered listings are those listed by the agent/office/company selected and sold by another agent/office/company.  List/Sold are the total listings listed and sold by the agent/office/company selected.

What is the difference between Current Active and Active on a specific date?

Current Active is the total listings in Active status on the date the Statistics report is run.  The “Active on (date)” are the total number of listings in Active status as of the end date used to create the report.

Helpful Tips:  If you are working in Statistical Reports and you don’t see the Execute button (which is what you’ll need to click on in order to get your results), go back and make sure you have entered all the “required” fields, which are those marked with a red asterisk (*).  This button will not appear unless that information is completed.

Many of our reports are available in chart form, such as the Comparative, Market Trend, and Price Range reports.  These provide an easy way for you to review this important information about market trends with your buyers or sellers.  Using these NJMLS statistical tools will position you as their local market expert.

So many of you knew Karen, and we know there is a lot of sadness after hearing of her passing.  If you have a comment or something you’d like to express about her, please feel free to email these to mcucci@njmls.com.  We may use some of your thoughts in an upcoming tribute.  Thank you.

We provide a monthly market update, accessible by going to Toolkit>Statistical Reports, and clicking on the NJMLS Statistical Graphs link on the upper right hand side of the page.  We also post the market update each month on the XL Paragon Desktop.

Is there a way to create a report that compares List Price to Sold Price?

You can prepare a report by choosing Statistics in the Statistical Reports menu, and selecting MLS Statistics.  Choose a date range in which you’d like to compare properties, and any additional criteria which would help to narrow your search such as county, area, price range, etc., and then click the Execute button.  The report will give you information regarding Total List to Sale in Dollar value, Average List Price, Average Sold Price, Median Sold Price, the Sale Price to List Price Ratio and Average Days on Market (DOM).

Explain the difference between Sold, Co-Broker, and List/Sold when I’m running MLS statistics.  What about when I’m running Agent/Office/Company Stats?

In MLS Statistics, the Sold listings are the total number of listings sold in NJMLS.  The Co-Brokered listings are the total number of listings listed by one office and sold by a different office.  List/Sold are the total listings listed and sold by the same office.  When running Agent/Office/Company Stats, the Sold listings are the total listings sold by the agent/office or company selected, whether or not they listed the property.  The Co-Brokered listings are those listed by the agent/office/company selected and sold by another agent/office/company.  List/Sold are the total listings that were listed and sold by the agent/office/company selected.

What is the difference between Current Active and Active on a specific date?

Current Active is the total listings in Active status on the date the Statistics report is run.

The “Active on (date)” are the total number of listings in Active status as of the end date used to create the report.

Helpful Tips:  If you are working in Statistical Reports and you don’t see the Execute button (which is what you’ll need to click on in order to get your results), go back and make sure you have entered all the “required” fields, which are those marked with a red asterisk (*).  This button will not appear unless that information is completed.

Many of our reports are available in chart form, such as the Comparative, Market Trend, and Price Range reports.  These provide an easy way for you to review this important information about market trends with your buyers or sellers.  Using these NJMLS statistical tools will position you as their local market expert.