Learn More about RatePlug Program for NEFMLS Brokers & Agents

RatePlug may be just the edge you’re looking for to close more deals and win more business

A no additional cost benefit for all NEFMLS brokers and agents, RatePlug is an automated marketing program that integrates real-time mortgage payment information with MLS property data. Now, every time you send your clients property information through the MLS system, you will also be able to automatically include complete payment information that is based on real-time market interest rates.

HERE’S HOW IT WORKS

You identify the lenders with whom you want to partner. RatePlug then integrates live mortgage data from your selected lenders into the property reports you send to your clients.

The system displays monthly real estate taxes, insurance, and HOA fees, if applicable, in order to provide an accurate estimate of what the “total” monthly housing payment would be for each property viewed – homebuyers love this.

WHAT’S IN IT FOR BROKERS?	WHAT’S IN IT FOR AGENTS?	LEARN MORE
•    According to NAR, 72% of homebuyers look for mortgage info during their home search – RatePlug provides this information •    Automated system helps homebuyers with valuable financing information to assist them with their home affordability questions •    Studies show RatePlug users are experiencing shorter list-to-contract times than non-users •    Easy to use – no need to learn any new software or join any more websites; completely integrated with MLSListings data in FlexMLS •    No additional cost for NEFMLS subscribers – lenders are required to pay a license fee to be displayed in the program.		Join a Free Webinar March 30 10:00-10:30 am ET OR March 31 3:00-3:30 pm Register Today!
•    Promote your affiliated lending company to increase mortgage capture •    For those who do not have an affiliated mortgage group, your individual agents may display payment information from their trusted lenders  •    Ensure agents are using compliant technology, ie TRID, FTC-MAP, RESPA-TILA •    Helping your agents sell properties faster than non-participating agents	•    Ability to display up to three of your own trusted lenders •    Marketing flyers for listings and open house events co-branded with your lender •    Edge to sell properties faster

For details, visit rateplug.com/nefmls

Seller's Waiver Form - How and Why is it Important

What is the form titled "SELLER'S WAIVER OF ENTRY INTO THE NEFMLS AND ADDENDUM TO THE LISTING AGREEMENT".

This form/addendum was released in December of 2014 and is to be used anytime a listing will not be entered into the NEFMLS database within the 24 hour time frame stipulated by Rules & Regulations.  Once completed, the Seller's Waiver form/addendum is to be sent to the NEFMLS office within 24 hours of obtaining signature(s) on the listing agreement (see form for details).

It is not illegal or unethical to privately market a listing as part of a "coming soon" campaign, for example,  but we caution that it can be complicated.  This type of decision MUST BE MADE WITH THE SELLER'S BEST INTEREST IN MIND (see Code of Ethics - Article 1) and can be justified as such to avoid an issue.  You should always disclose the Pros & Cons of using such a strategy with your seller  In general, maximizing exposure often times brings higher selling prices and more potential buyers. 

You are also cautioned to watch out for possible Fair Housing Violations.  Limiting advertising to a select group or medium could be construed as a violation of any/all Fair Housing laws.

Watch this video from Florida Realtors for more information.

The "Seller's Waiver of Entry into the NEFMLS and Addendum to the Listing Agreement" form outlines issues the Seller should consider and understand before signing.  It is also intended to help protect all parties involved in the transaction.

To access from Flexmls, go to Daily Function>Forms/Info>RealtyWEB.Net Listing Agreements.  

MMT Announces Expanded Data for 13 More Counties

Expanded Data Now Available for 13 More Counties

We Make Searching Real Estate Information Easy! Sign Up for a 14 Day FREE Trial of SearchNet today! Gain access to sales information for listed and unlisted properties, new and existing condos, single family homes, lots and land, and non-residential real estate. MMT's SearchNet allows you to customize your search with extensive criteria, utilize integrated mapping features, and access comprehensive property data so that you are equipped with the most up-to-date information, empowering YOU to stay ahead of the competition and become THE expert in your field.  To learn more, check out our e-Learning library. To download our brochure, go to www.mmtinfo.com

Metro Market Trends 800-239-1668  |  sales@mmtinfo.com | www.mmtinfo.com

Metro Market Trends, 4400 Bayou Blvd., Suite 14, Pensacola, FL 32503