Are You Ready for TRID? RatePlug Is!

Are you ready for TRID?? 

RatePlug Is!

With all the hype and media coverage of TILA-RESPA Integrated Disclosure (TRID), you might be thinking the world might possibly stop revolving on Saturday, October 3^rd when the rule goes into effect. 

All kidding aside, this ruling which was created to create clarity for consumers and promote compliance with existing TILA and RESPA laws, has caused a lot of anxiety within the industry as companies scramble to make adjustments to their systems, forms and procedures to meet the deadline which had been EXTENDED a few months. Some industry news sources even state that up to a third of companies are still not ready for the new requirements.

Knowing what the TRID rules are and how they impact Real Estate Agents is very important. NAR has created an overview tailored for real estate professionals which is available at http://www.realtor.org/topics/trid-tila-respa-integrated-disclosure.

It is also very important for you to know that the third party tools and services available through your MLS system are 100% compliant as well. RatePlug, the industry leader in melding real-time financing information with MLS property listings, has updated our Program to adhere to all applicable industry regulations including TRID, FTC-MAP, UDAP, etc.

To learn more about the RatePlug Program, which is available at no additional cost to MLS members, click here.  

Are You Protecting Your Sellers & Listings-How to Assign the Supra Keybox to Your LIsting via Flexmls

Are you doing everything you can to protect your sellers and their property?  

Are you using all the features of the Supra keyboxes to ensure protection?  

While not required, it is HIGHLY RECOMMENDED that you use the Supra keyboxes to secure entry into your seller's homes.   First, it makes it very easy for showing agents to access the listing securely. Plus, in light of the recent key exchange with the St. Augustine Board of Realtors, it makes it very convenient for all local real estate professionals to access.  Second, Supra brings years of experience in providing efficient and secured entry to your listings.  These keyboxes offer you detailed activity reports while giving  your sellers peace of mind.

But is it enough to just place a Supra keybox on the listing's door?

The answer is NO, 

In order to provide the security your sellers expect, it is imperative that you also ASSIGN THE KEYBOX TO YOUR LISTING.  Failure to do so will not give you the full picture.  While you can obtain a report of who used the keybox during a certain time frame, you cannot verify the location of that specific keybox.

You can do this direct from your e-key, by logging into www.supraekey.com, or you can assign the keybox to your listing using Flexmls (see steps below):

1.    Go to Change Listing

2.    Enter the MLS#

3.    Select Supra Functions (found under Listing Information in the first box on the left). This will automatically log you into the Supra system.

4.    Enter the keybox Serial number and Shackle code

5.    Click Assign

That's it.  Notice that you can perform other keybox functions such as Removing the keybox from that listing (which you must do before re-assigning to another listing), access Activity Reports and the keybox Setups.

Plus, if you assign the keybox to the listing AND use ShowingAssist for your appointments, you can receive reports that match both the showing appointments to the actual showings.

Be sure to protect your listings by assigning the Supra keybox to your listing.  Using Flexmls makes it easy.

Questions, please contact Technical Support at (904) 394-9494 x 1605.

ShowingTime-Scheduling on Behalf of Another Agent

Now it’s easy to schedule appointments in the ShowingTime system when the request wasn’t received online. For instance, when a showing agent emails, calls or texts a showing request to the listing agent, the listing agent can quickly enter it in ShowingTime … as if the request was made online. Once entered, the system generates notifications, etc. as it normally does, based on the listing’s instructions. It also equips listing agents to override blocks and instantly confirm requests. ShowingTime has also implemented mobile ShowingCart enhancements; and simplifies the mobile login process for sellers.  Get the Details Here!