MLS News

MLS Committee Election Results

Following are the newly elected members of the 2007 CBR Multiple Listing Service Committee:

101-500 Listing Category
Kasey K. Welch, RE/MAX Capital Centre
501 - 1000 Listing Category
Milt Lustnauer, RE/MAX Premier Choice
Brad Stair, ERA Orum Stair, REALTORS®
1001-3000 Listing Category
Cricket Such, RE/MAX Achievers
Joe Walker, Century 21 Joe Walker & Associates

ALL Listings now forwarded to Realtor.com

Policies adopted by the National Association of REALTORS® at the NAR Convention require the nation's 850 REALTOR® association owned multiple listing services to include all property listings carried by MLSs in feeds distributed to MLS members and national aggregators like Realtor.com.

This policy applies to all listings regardless of the type of listing agreement. Currently, CBR is only forwarding Exclusive Right to Sell listings. However, beginning January 1, 2007, CBR will be forwarding Exclusive Right to Sell, Exclusive Agency, MLS Entry Only and Limited Representation listings to Realtor.com.

CBR will also be including all four listing types in its feed to member for display on their company web sites. A broker may select (or deselect) the listings they wish to display on the basis of objective criteria such as location type of property, compensation offered for buyer's agents or the level of service provided by the listing company.

Entry of Branded Tour or Links on Listings

The MLS allows links and virtual tours as long as the link or virtual tour has no branded data. Branded data includes, but is not limited to, the display of verbal or written information such as email, addresses, website, officemobile-fax number, company affiliations, primary or ancillary advertisements, logos, agent or team names or identifiable codes or symbols.

A virtual tour or link that is placed in the MLS should describe and display the property for sale only. This policy applies to all attachments for your listings including links to school district pages and community information data. If there are questions regarding this policy, please contact Heather Martinsen, MLS policy review coordinator. At (614) 475-4000 x270.

Computer Requirements for CBR Tempo?

CBR Tempo is continuously evolving and increasing the options and functionality of the MLS system. These enhancements require greater demands on the computer hardware that delivers the functionality of this web-based MLS. mandatory with the next version of Tempo which will be released in January 2007.

New minimum requirements are:
n 450 Mhz Pentium III CPU
n 256 MB RAM
n Super VGA (1024x768) minimum resolution
n Windows 2000 or XP
n Microsoft Internet Explorer 6.0 or higher
n AOL browser (and any other proprietary or modified browser) must be minimized and as Internet
n Explorer is the only supported browser
Recommended specifications (for better performance)
n 1.0 Ghz Pentium III CPU
n 512 MB RAM
n Super VGA (1024x768) minimum resolution Windows XP
n Microsoft Internet Explorer 6.0 or higher
n AOL browser (and any other proprietary or modified browser) must be minimized and as Internet
n Explorer is the only supported browser

These specifications are easily met by any computer that was bought within the last year, and many that were purchased in the last 3 years. Please check your computer's technical specifications and make sure they meet the minimum requirements and preferably the recommended requirements prior to January 2007.

If you have questions or need further explanation of these requirements, please contact Technical Support at (614) 475-4000.

CBR Tempo^TM Enhancements coming!

We're scheduled to get quite a few changes/improvements to our CBR Tempo^TM. Although the exact date could change, we're under the impression we should have these updates by early February. And here's what you have to look forward to:

n School District will become a pick list for searches (instead of a text entry box.)

n Tempo Wireless will become available to members with a compatible smart phone or PDA. But your
service plan must include wireless Internet access.

n The Zip Code/Area/County Search will be added as a search feature on the Quick Search/Search by Map
page.

n Mapping will allow users to get driving directions for up to 5 different property locations.

n Activity Report: New Button "Year Back Comparison". Currently, we can get Activity Reports by Month
or Year to Date. An additional option will be added -- "Year Back Comparison" -- so members can select a
month and see a side by side comparison with the same month the previous year.

n The Instrument # field on the Residential sheet will be increased to 25 characters (from 15 characters).

n Two new basement types will be added to the pick list for basement: EGRESS WINDOW(S) and
WALKUP.

n Crawford County will be assigned a separate area (CRA) and will no longer be part of area OH2.

n On the (residential only) Quick Search form, the current label "Subdiv/Complx" will change to
"Subdiv/Complx/Community".

n On Sold Non MLS listings, the "Builder" field will not be able to be edited after initial entry.

n A new, non-required numerical data field called "Showing Phone #" will appear on ALL categories on the
long edit form in Add/Edit and on the Agent Full and Agent short reports (all varieties) directly below
"additional contact info" field for both Add/Edit and reports.

n DOM will no longer calculate any of the following statuses when returned to an Active, Auction or Back on
Market status: CONTINGENT FINANCING INSPECTION, TEMP WITHDRAWN, UNDER CONTRACT,
WITHDRAWN, EXPIRED. Only the status of Contingent Escape will not allow for the exclusion of the "off
market" days since it is considered active status.

n NO VALUE SELECTED will become the Property Type default for Residential new listings on the ADD/EDIT
form.

n Virtual Tour links on sold listings will be removed from the Tempo system after 2 years.

n City and Municipality fields will be added to all Quick Search and Custom Search for all Categories.

n CLS: Add a link called "See Full Listing" or "Buyer Full Report" or similar to the CLS listings As
clients don't always realize that the property address links them to the full listing detail page, a `see Full
Listing' link will be added to the CLS listings.

n Licking County areas will be defined as:
n LGT -- Twp of Granville and Newark and Granville Corp Limits
n LNE -- Twp of Washington, Eden, Fallsbury, Newton, Maryann, Perry and Utica Corp Limits
n LSE -- Twp of Madison, Hanover, Licking, Franklin, Hopewell, Bowling Green, Buckeye Lake and Hebron Corp
Limits
n LNW -- Twp of Hartford, Bennington, Burlington, Jersey, Liberty, Monroe, St Albans, McKean and Johnstown Corp
Limits
n LSW -- Twp of Lima, Harrison, Union, Etna and Pataskala Corp Limits
n LNH -- Newark and Heath Corp Limits

The following changes will be made to the Financial worksheets Financials > Buyers > Closing Costs:

n Buyer Paid Discount points will be changed to auto update if the price is changed.
n "Simultaneous Issue" with a default amount of $100 will be added to Title insurance.

Financials > Buyers > Qualification (Con)
n Label for Hazard Insurance will change to "Annual Hazard Insurance"
n LTV Value calculations will be corrected as follows: 90% LTV = .00052 x Loan amount; 95% LTV = .00078 x loan
amount; 97% = .00098 x Loan amount

Financials > Buyers > Qualification (FHA)
n Appropriate Percentage for Mortgage will be changed to 31%
n Appropriate Total Debt will be changed to 43%
n Label for Hazard Insurance will change to "Annual Hazard Insurance"
n "The current FHA maximum mortgage w/o MIP is $138,200" will be changed to read "Please visit www.hud.gov to
check current FHA maximum loan amounts."