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With data being packaged and accessed in new ways, options abound for users. |
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by Marty Kramer They said local MLSs would go away. That there would be one national MLS. That consumers would have direct access to all the information. Well, that didnt happennot yet, anyway. But new developments in MLS technology and services have been coming rapidly, opening up a host of possibilities for brokers and agents. MLS subscribers are finding new ways to do business, provide better service, and save time. Putting
the MLS at your fingertips VistaInfo has rolled out a free service to RE/Xplorer MLS users to enable them to download listings to their Palm III, V, or VII handhelds. After the initial setup of a small program on your desktop computer, information can be transferred to the handheld the next time you sync the Palm device. Listings are displayed in either a one-line report or a full screen with specific MLS details. RISCO offers a similar free service (after an initial software purchase) to subscribers on its systems. In fact, the system was beta tested with agents from the Temple-Belton board. Bill Jones of Century 21 Accent was involved in the early stages of this product. "We were able to work with RISCO and a company called Pocket Real Estate to build a custom interface with the usage fields we wanted," he says. The information on the handheld includes about 40 popular MLS fields, with the opportunity for subscribers to include several of their own favorite fields. The data can be downloaded to any handheld running the Palm OS, and it also includes a mapping function that points to the location of a property. Jones is not only thrilled with the application, but is proud that his association played a part in this technological advance. "Its just delightful to be able to share some of the features our fellow REALTORS® in Austin, Dallas, and Houston enjoy," he says. Another new product, the Supra eKey, is basically a shell that attaches to a Palm Vx handheld. In addition to receiving nightly downloads of MLS information directly to the handheld, the device doubles as a key for Supra lockboxes. Other functions include contact management software (Top Producer) and other standard handheld features like a date book and calculator. The Houston Association of REALTORS® is one of the first in Texas to offer members the eKey. "Agents can download up to 6,000 listings nightly," says Shawn Dauphine, director of the HAR MLS. "They can view showing activity at their listings without having to be at the lockboxes. They can also program lockboxes directly with the eKey. And they can take a look at agent rosters, too." Members of the Houston MLS who do not choose to buy or lease a Palm Vx in order to take advantage of this service must use Supras DisplayKey. This less expensive option does not share many of the advanced features of the eKey, but, like the eKey, does give an error code when lockbox access is denied. "For example, it will give you a code to tell you you were supposed to call before showing," says Dauphine. Agents with the DisplayKey can still get showing activity on their listings by logging on to the Internet. Going
wireless "You can be sitting in front of a home and pull up the info on it," says Jim Harrison, CEO of North Texas Real Estate Information Systems (NTREIS), the MLS that serves 18 associations in the Dallas-Fort Worth area. He says early adopters in the Metroplex have begun using this service to view active listings and comps. To
the Web! Internet-based systems typically include improved looks and functionality, and e-mail is often better integrated for easier communication between agents and with clients. The Greater Tyler Association of REALTORS® is planning to switch to a Web-based MLS (VistaInfos RE/Xplorer) later this month. As recently as last December, 22 members (out of about 450) still relied on printed books, spending $159 a month for MLS information. "I jokingly told some of the 22 to save the last book and frame it for their office, so they could have it for eternity," says Mary Lou Whitham, the associations top executive. "The truth is, you have to move with the majority of your members." The Internet-based system requires a lower up-front investment than upgrading to another proprietary-hardware system, which enables the association to provide subscribers extras. Whitham intends to give free software to subscribers who had purchased communications software for the old system. She is offering subscribers free hands-on training on everything from Internet basics to how to use the MLS itself. Whitham also says members are looking forward to the ability to download information into handhelds. The TAR MLS targeted at rural and underserved areas of the state is also Web-based. This MLS Today system gives its users the ability to create customized flyers on properties, develop comparative market analyses, set up automated property searches with e-mail notification, upload photos and virtual tourscommon features in most Web-based systems. MLS Today has also given subscribers the ability to download information to handheld devices and Internet phones. Although NTREIS provides members with Internet-based service, more than half of the 13,000 subscribers still access the system through a private connection. Harrison hopes to change that. Getting the majority of members to use the Internet will improve connectivity, and, like Whitham, Harrison hopes to save money in order to apply it to other services. Putting
information on brokers sites Tim Harrison, vice president of systems and client services for RISCO (no relation to Jim Harrison of NTREIS), says that the most frequent request his company receives is to provide ways to get the data out of the MLS and onto brokers sites. Jim Secord, business development director for Interealty.com, agrees. "The name of the game now is to collect the data and ensure its integrity, but also distribute it," he says. That goes for brokers sites as well as making the data available to third parties, so they can provide services like wireless access. NTREIS is a prime example of this kind of activity, having signed 15 affinity partnerships in the last six months. One of those agreements with GoHome will give subscribers the ability to frame MLS info on their own pages. Another partnership (with Vista Infos e-risk.com) has given members the option of purchasing a disclosure report for a property, with details on environmental concerns, schools, natural disasters, power lines, and more. "It will even tell you the path of previous tornadoes," says Harrison. To
share or not to share? Making
appointments easier Kevin Faherty, regional director for CSS, says they log more than 7,000 showings a day, using a propriety software program that enables agents to make a dozen appointments in less than three minutes. Agents can also log on to a Web site to view and print reports on showing activity. Pam Poitevent, general sales manager for Coldwell Banker DAnn Harper, REALTORS® in San Antonio, says that agents love the service. "When they are on opportunity (or duty) time, they are actually servicing clients, not setting appointments." Poitevent says agents can use the online showing reports to find out if the homeowner is being cooperative. They also can point out to owners that a large number of showings without an offer might suggest adjusting the price or addressing another issue. Poitevent believes the service is valuable enough to use as a recruiting tool. The Dallas-Fort Worth area has seen another company, ehomeshowings, enter this arena. Although the majority of its customers use the telephone to make appointments, ehomeshowings also offers an online interface for making appointments. Brian Lillard, company president, hopes more agents will take advantage of his companys service on the Internet. Regardless of how an agent makes an appointment, information is then e-mailed to the listing agent and the homeowner. Agents who subscribe to the service choose ehomeshowings in the NTREIS call field, and the information is automatically transferred through ehomeshowings hourly updates. Agents can edit information whenever they want. In addition to time savings, Lillard says agents can get showing activity reports, download maps to properties, give and receive feedback about properties, and soon will be able to create statistical reports to compare showing activity for all listings in defined geographical areas.
Whats
next? "The MLS is the only software a REALTOR® has to log into on a daily basis," says Interealty.coms Secord. His company is working in conjunction with HomeAdvisor to develop a product called MLXchange that will record a consumers interest in a particular property when browsing a Web site, let the agent know about it, and give the agent options in providing additional information to the prospect. Secord says that the product is scheduled for rollout in June. VistaInfo is also planning a communications component in RE/Xplorer 2, due out later this year. According to Rebecca Svatek, RE/Xplorer products manager, an agent will be able to set up a Web page where the client and agent can discuss properties, view and compare schedules, and manage additional aspects of their relationship. MLS offerings will continue to evolve, bringing new information to subscribers and delivering existing information in new ways. Keep your Internet connection open and your wireless phone battery charged. Photo illustration: Joel Mathews; images by Corbis Images and Eyewire.
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