Matrix™ Presentation Style Training Registration Begins
Published Tuesday, October 28, 2014

The presentation style training options for Matrix™ training have been scheduled for early December and registration is open now. Due to seat capacity at each session, it is necessary to register for a specific session. Also, please bring your SentriLock card to any training session that you attend, to electronically sign in.

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Indianapolis Landlord Registration Details Pending
Published Monday, October 13, 2014

Recently, the City of Indianapolis passed a landlord registration ordinance that will now require anyone who rents residential property to first register with the city starting January 1, 2015. Those who rent and are not registered could be subject to a $500 fine. Details on how to register are still undetermined. The Department of Code Enforcement will ...more »

Safety Top of Mind
Published Tuesday, October 7, 2014

The news of Arkansas REALTOR® Beverly Carter’s abduction and death brought the issue of industry safety to new heights last week. News accounts from across the country, and here in central Indiana, have focused on measures REALTORS® and others can take to ensure their safety. MIBOR President Janet Jernigan participated in media coverage last ...more »

Local Market Review:  August Data Shows Strong Prices, Still Trailing Sales
Published Monday, September 22, 2014

Housing data released by MIBOR today shows strong prices increases in central Indiana with continued decreases in closed and pending sales. It’s been a similar narrative all year; media and average sales price growing 4-6 percent each month with closed sales trailing. Closed sales for August declined by 2.9 percent however, less than the 8.5 percent decline in July. Pending sales fell only slightly; less than one percent.

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Matrix™ At a Glance
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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New Flood Insurance Manual & Redesigned Map Service Center
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 »

Case #2-4: Obligation to Ascertain Pertinent Facts
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 »

Local Market Review:  July Data Shows Stable Pricing, Continued Inventory Gains
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 »

Top Call Center Questions
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 »

Landlord Issue Update
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 »