Tag Archive: mls

House/Condo/Townhome Rentals Coming Soon to Twin Cities MLS

The Minnesota Association of REALTORS is preparing to release standardized forms to allow REALTORS in all of Minnesota to more easily represent both landlords and prospective tenants in leasing situations and simplify transactions ...

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1000's of Pending Home Sales may be Missing from MLS Reporting

The Minneapolis Area Association of Realtors has a fantastic assortment of stats that are published on weekly, monthly, quarterly and yearly cycles.  These reports are based off the listing data provided by our local MLS, the Regional MLS of Minnesota.As anyone who works with data knows, the statistics you create are ...

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What Does "Not Disclosed" Mean Anyway?

Over 40% of the sales in the Twin Cities currently occurring are foreclosures or short sales, what we at MAAR call "lender mediated sales."The RMLS of Minnesota recently revised their fields regarding foreclosures and short sales (after a year of much confusion over the old fields) and ...

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Short Sales are "Liar Listings" on the Twin Cities MLS

Short Sale Definition: a home sale where the seller owes more than what the home is worth and is asking the lender(s) to accept an amount that is less than the amount owed to them as payment in full. The same problem continues to come up day after day and I finally have the time ...

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Minneapolis/St. Paul MLS Addresses Foreclosures & Short Sales… Kinda

The RMLS of Minnesota, which is the governing body of the MLS in the Twin Cities and is owned by the 4 local REALTOR associations, has made some policy changes in regards to the reporting of foreclosures on the MLS,

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