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Published Tuesday, September 16, 2014

As you have likely heard by now, there will soon be a new BLC® listing service platform. The tentative plan is to bring the Matrix™ system up in parallel with Tempo and Fusion™ in November of 2014 for system testing. System presentations and training will be in December and January, with a final implementation in late January or early February 2015. Following comprehensive training, Tempo and Fusion™ will be disabled and Matrix™ will be our sole BLC® listing service platform.

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Published Monday, September 8, 2014

FEMA has updated the manual which insurance companies use to write flood insurance policies. The comprehensive manual provides answers to just about any question a REALTOR® or REALTOR® Association staffer may have regarding flood insurance, ranging from how condos are treated to rate tables as revised by the Homeowner Flood Insurance Affordability ...more »

Published Monday, September 1, 2014

The following case study was produced by the Professional Standards Committee of the National Association of REALTORS®. (Revised Case #9-10 May, 1988. Transferred to Article 2 November, 1994.) Shortly after Realtor® A, the listing broker, closed the sale of a home to Buyer B, a complaint was received by the Board charging Realtor® A with an ...more »

Published Monday, August 25, 2014

Housing data released by MIBOR today shows stable increases in home prices in central Indiana with continued decreases in closed and pending sales. However new listings increased 2.5 percent for the quarter ending in July and 2.2 in the month of July. Months Supply of Inventory rose 4.8 percent to 5.9 months. Sales prices remain stable. The Median Sales ...more »

Published Monday, August 18, 2014

The MIBOR Call Center is available for system and technology questions. Here are two of the most commonly asked questions from the last few weeks. What can I use, now that Fusion Experience is no longer available? Due to declining interest, as of June 30, 2014, CoreLogic no longer offers the Fusion Experience for devices such as iPad or Android tablets. ...more »

Published Tuesday, August 12, 2014

Last week, the Rules and Public Policy Committee of the Indianapolis City-County Council once again took up two important issues impacting landlords. The first was Proposal 195which proposes to create a landlord registry. The proposal requires landlords to register with the city and provide their contact information along with an annual $5 fee. In addition, ...more »

Published Monday, August 4, 2014

The following case study was produced by the Professional Standards Committee of the National Association of REALTORS®. Case interpretations are official statements of National Association policy. (Originally Case #7-24. Revised May, 1988. Transferred to Article 1 November, 1994. Cross-reference Case #2-13.) REALTOR® A owned a home which he listed ...more »

Published Monday, July 28, 2014

What? Have you heard? Matrix™ will be the new operating system to support the BLC® listing service. Once implementation is complete, in early 2015, Matrix™ will fully replace the Tempo and Fusion™ systems. When? Internal testing will being in late 2014 and implementation is planned for the first quarter of 2015. Training on ...more »

Published Monday, July 21, 2014

Housing data released by MIBOR today shows a continued increase in home prices in central Indiana with decreases in pending and closed sales. New listings jumped by 6.5 percent in June and 2.1 percent in the last quarter. Months of Inventory decreased slightly in June to place the availability of properties at 5.6 months. Median Sales Price for the quarter ...more »

Published Monday, July 14, 2014

Last Tuesday, MIBOR government affairs staff – along with several members – testified against a proposal put before the Rules and Public Policy Committee of the Indianapolis City-County Council to institute a new landlord registry program. Due to the many issues raised, councillors voted to postpone a possible vote by the committee until August ...more »

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