MRED Blog

Private listings are now a more seamless part of your daily workflow. MRED rolled out several updates to Private listings to enhance how you can handle private listings in the MLS. 

Here’s what’s new:

Easily share private listings with your clients through connectMLS.

• MRED subscribers will no longer have to manually screenshot, PDF and then email private listings to share with clients. Private listings designated as shareable will be able to be sent to clients directly through connectMLS.

Use added private listing statuses, including active and contingent.

• This update will create better transparency regarding where a listing is in the transaction process.

Search all listings at once, including private listings.

• You’ll save time searching by being able to browse private listings in the same searches as all other active listings.

The connectMLS client portal also got an exciting makeover

Clients will be able to search for listings in their connectMLS portal.

• Your clients will be able to browse listings and save searches in their connectMLS client portal.

MRED has streamlined communication features.

• You’ll be able to see your clients’ saved searches and activity right on your MLS home page.

User and mobile-friendly client portal.

• Presentation is everything! The connectMLS client portal is getting a facelift to make it more modern in appearance and easier to navigate.

Here’s how to opt-in to the new client portal:

1. Go to your initials/photo at the top-right of connectMLS
2. Click “Client portal defaults” under “My defaults”
3. Click “Portal Type (“Modern” vs. “Modern 2.0”)
4. Select “Modern 2.0”

Resources:

• Sign up for a session on Private listings (for a recorded webinar, click here)
• Sign up for a session on the client portal (for a recorded webinar, click here)
• Frequently asked questions

As the spring market kicks off, MRED saw a surge of new properties coming onto the market, reflecting an 11% weekly increase in listings. The nearly 7,500 new listings was the largest single-week total since late August of 2020. 

See the full picture in the MRED Weekly Market Snapshot.

Since the beginning of 2021, residential listings under contract have outpaced previous-year numbers. This forward-looking indicator shows no signs of slowing down as we enter the traditional Spring market season.

See this and other trends in the MRED Weekly Market Snapshot.

Closed listings in MRED’s marketplace reached their highest point since mid-December. This plateau came thanks to a 55 percent week-over-week increase during the last month of February. Despite the weekly jump, closed listings still fell 7 percent short of 2020’s total during the same period.

Learn more in the MRED Weekly Market Snapshot.

The third week of February saw a two percent weekly gain in median sales prices among residential listings in MRED’s marketplace. While the week-over-week gain was modest, median home prices were still up 15 percent on an annual basis to $255,000.

Learn more in the MRED Weekly Market Snapshot.

MRED Chief Technology Officer Chris Haran talked about how the MLS industry is adopting cutting-edge technology to help brokers. The comments came in Mainstreet Organization of REALTORS® “Who’s Who in Real Estate” virtual event. Haran delivered remarks on a range of important industry topics with an eye on the future and how to be a leader.

Computer vision: Artificial intelligence looks to be a key part of the future of technology offerings as organizations try to deliver the best value, service and products to consumers. MRED is using computer vision to help agents save time in connectMLS. This AI technology allows agents to auto-populate image/room titles and features in listing photos. Learn more.

Integration and interoperability: The industry’s wide variety of technology solutions can create difficulties when those programs are forced to interact. That’s why MRED is working to give subscribers a choice in the systems they use without fear of difficulty. MRED’s work with the Real Estate Standards Organization (RESO) goes a long way to freeing your data and increasing ease of use, no matter what platform you’re using.

Getting involved: Everything MRED does is for the benefit of its subscribers and the clients they serve. That’s why MRED wants to hear your feedback and suggestions on our products and services. You can do this through participating in discussions on online forums and being part of a brokerage that signs on as a Preferred Unit Owner.