Comments on: Foreclosures & Shorts Sales Should Be Classified As Such on MLS http://www.twincitiesrealestateblog.com/2008/foreclosures-and-short-sales-flag-in-mls/ Housing News, Opinion, Statistics and Homes for Sale Mon, 30 Aug 2010 11:00:21 +0000 hourly 1 http://wordpress.org/?v=abc By: Twin Cities Real Estate Blog » Coming Soon - New Foreclosure & Short Sale Search Optionshttp://www.twincitiesrealestateblog.com/2008/foreclosures-and-short-sales-flag-in-mls/#comment-141 Twin Cities Real Estate Blog » Coming Soon - New Foreclosure & Short Sale Search Options Sat, 18 Apr 2009 17:14:23 +0000 http://www.twincitiesrealestateblog.com/2008/foreclosures-and-short-sales-flag-in-mls/#comment-141 [...] of MN) made available the somewhat-useful-but-really-bastardized-lender-mediated-mls-field and 14 months after I started openly pushing for specific fields, they have now come to see the light and are redoing the fields as three separate and distinct [...] [...] of MN) made available the somewhat-useful-but-really-bastardized-lender-mediated-mls-field and 14 months after I started openly pushing for specific fields, they have now come to see the light and are redoing the fields as three separate and distinct [...]

]]> By: Aaron Dickinson - Edina Realtyhttp://www.twincitiesrealestateblog.com/2008/foreclosures-and-short-sales-flag-in-mls/#comment-140 Aaron Dickinson - Edina Realty Fri, 29 Feb 2008 05:35:52 +0000 http://www.twincitiesrealestateblog.com/2008/foreclosures-and-short-sales-flag-in-mls/#comment-140 If it was that simple, it wouldn't be a problem. The problem is there are a lot more terms than simply "bank" and agents use abbreviations and everything else too. My favorites are "subject to 3rd party approval" and "subject to corporate approval."It's easy to find foreclosures or short sales... it is hard to either assure your search is comprehensive to include all of them or, on the reverse, exclude all of them.If you were working with foreclosures and short sales as much as I and some of the others in my office are, I'm sure you'd have experienced the same frustration as us. If it was that simple, it wouldn’t be a problem. The problem is there are a lot more terms than simply “bank” and agents use abbreviations and everything else too. My favorites are “subject to 3rd party approval” and “subject to corporate approval.”

It’s easy to find foreclosures or short sales… it is hard to either assure your search is comprehensive to include all of them or, on the reverse, exclude all of them.

If you were working with foreclosures and short sales as much as I and some of the others in my office are, I’m sure you’d have experienced the same frustration as us.

]]> By: Jeanie Hoholikhttp://www.twincitiesrealestateblog.com/2008/foreclosures-and-short-sales-flag-in-mls/#comment-139 Jeanie Hoholik Fri, 29 Feb 2008 03:26:19 +0000 http://www.twincitiesrealestateblog.com/2008/foreclosures-and-short-sales-flag-in-mls/#comment-139 I would love to be a fly on the wall over there at Edina. It can't be that complicated. Since the time I started my real estate, a mere 5 years ago at Edina Realty, I knew to enter the key word, "bank" into my search criteria. It's as simple as that. I mainly did that so that I could find bank owned properties. We Realtors need to do a little research.On another note, CDOM isn't that tough to research, either. If you're going to be in this business, be the best you can be. Do your homework for your client and, ulimately, for yourself. I would love to be a fly on the wall over there at Edina. It can’t be that complicated. Since the time I started my real estate, a mere 5 years ago at Edina Realty, I knew to enter the key word, “bank” into my search criteria. It’s as simple as that. I mainly did that so that I could find bank owned properties. We Realtors need to do a little research.

On another note, CDOM isn’t that tough to research, either. If you’re going to be in this business, be the best you can be. Do your homework for your client and, ulimately, for yourself.

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