Listing Contract Changes - OH, IN, KY

There is a new listing contract available on Virtual Office. The new listing contract effects all three states (Ohio, Indiana & Kentucky). The change consists of removing the Lowes Coupon.

Lowe’s Realtor Benefits Program Update

Please read the following changes to the Lowes Realtor Benefits Program


  • No longer automatically mailing sellers coupons

  • Associates can order coupons for their sellers

  • Buyer coupons still being sent automatically

Go to www.lowesrealtorbenefits.com/coldwellbanker to order your coupons today

RoboForm2Go

  • Take your passwords with you

  • RoboForm2Go securely stores your passwords, contacts and other data

  • Plug RoboForm2Go into any computer and log into your favorite websites automatically

  • Simply remove RoboForm2Go and no information is left behind

  • Please see Michelle Barnett if you would like to purchase a RoboForm2Go

New Sunday Receptionist

Please welcome Sydney Yerger as our new Sunday Receptionist. Sydney will be working every Sunday from 9am to 4pm and some Saturdays too. Please stop by and introduce yourself to Sydney!

MLS Stats - August

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Cincinnati MLS Stats - YTD

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Cincinnati MLS Stats - By Area - YTD

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Indiana MLS Stats - YTD

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Lowes' Realtor Benefits -- Important Changes


On Friday, August 14th, Randy Wax sent an email out to all agents regarding changes to the Lowes' Realtor Benefits....

Lowes has discontinued automatically sending coupons to your sellers via direct mail.

The coupon redemption rate for seller coupons in the Lowes' Marketing Program were too low to justify Lowes continuing that part of their program.

The Good News: You can continue to send your sellers these coupons by going to the Lowes Realtor Benefits site (https://extranet.nrtinc.com/) and placing the order yourself. Note: if you are already a Lowes Realtor Benefits Member, you will need to stop using your current account in order to get all the NEW enhancements available to Coldwell Banker associates.

New added features to the Lowes Program are:
  • Automated mailings go out for every closed buyer transaction in Trident (saving you time from entering in client data)

  • Accounts have been created for all Coldwell Banker realtors and access to your account will be on the NRT Extranet site (https://extranet.nrtinc.com/)

  • Personalized dual coupon offers. Separate coupons for 10% off Lowes Products and 10% off installation services (with extended expiration date for the installation coupon of 120 days). Choose from direct mail card, e-coupon, HGTV e-mail, or a monthly helpful tips and articles e-mail.

MLS Stats - July 2009

Active Listings:
(July 2008: 16,614) (July 2009: 14,028) Down 16%

Listings Taken:
(July 2008: 4,219) (July 2009: 3,539) Down 16%

Solds:
(July 2008: 3,280) (July 2009: 3,826) Up 17%

Expireds:
(July 2008: 1,386) (July 2009: 992) Down 28%

Pendings:
(July 2008: 2,704) (July 2009: 3,165) Up 17%

Good News!

Good News For The Housing Industry
(check your email for more info)

Tech Thursday Schedule

Below is the upcoming Tech Thursday schedule through September:

  • August 6th - New Features on MLS


  • August 12th - New Features on MLS


  • August 20th - Importing Graphs in your Listing Presentations


  • August 27th - Sneak Peak at CB Link


  • September 3rd - No Tech Thursday


  • September 10th - Creative and useful Real Estate Websites


  • September 17th - Texting with ProRealTour

ProRealTour Update


We are happy to inform you that the program has been upgraded to allow agents to capture the contact information of the inquiring client. In order to implement this feature, it is necessary for you to follow a few simple procedures. This includes accessing the Control Panel and activating the text or e-mail option for your listings. There are also new sign riders designed for the texting option. You will need to replace your existing riders with the new riders. Contact Tonyia Cormican for replacements. You will keep your existing Tour Number, only the sign rider will change. The instructions for activating the text messaging has been emailed to each of you. If you need the directions again, please contact Tonyia Cormican. The radio spots airing have been changed to reflect the texting option. A revised flyer is available in Virtual Office in Forms Online.

Local Company Stats - YTD

Below are the Local Company Stats that was discussed at the Sales Rally. If you would like a printed copy of the stats, please email Michelle Barnett.
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MLS Stats - June 2009

Active Listings:
(June 2008: 16,359) (June 2009: 14,077) Down 14%

Listings Taken:
(June 2008: 4,142) (June 2009: 3,678) Down 11%

Solds:
(June 2008: 3,386) (June 2009: 3,618) Up 6%

Expireds:
(June 2008: 1,157) (June 2009: 1,087) Down 6%

Pendings:
(June 2008: 2,927) (June 2009: 3,361) Up 15%

MLS Stats - May 2009

Active Listings:
(May 2008: 15,954) (May 2009: 14,035) Down 12%

Listings Taken:
(May 2008: 4,371) (May 2009: 3,535) Down 19%

Solds:
(May 2008: 3,238) (May 2009: 3,044) Down 6%

Expireds:
(May 2008: 1,089) (May 2009: 843) Down 23%

Pendings:
(May 2008: 3,140) (May 2009: 3,430) Up 9%

MLS Stats - April

Active Listings:
(April 2008: 15,456) (April 2009: 13,771) Down 11%

Listings Taken:
(April 2008: 4,330) (April 2009: 3,642) Down 16%

Solds:
(April 2008: 2,890) (April 2009: 2,558) Down 11%

Expireds:
(April 2008: 1,200) (April 2009: 901) Down 25%

Pendings:
(April 2008: 3,078) (April 2009: 3,268) Up 6%

Direct Deposit For Commission Checks

Direct Deposit for Commission Checks is now available!
To setup your direct deposit, you must see Tonyia or JoAnn at the front desk and ask them for the Direct Deposit application form. Fill out the form completely & sign it. A voided check containing bank routing information for the account needs to be attached to the application. Attach a deposit ticket if you are directing the funds to a savings account. Once completed, return the form to Michelle Barnett. The application will be sent to corporate for processing. Please allow 10 business days for the application to be processed. Your commission checks will then be deposited directly into your checking or savings account on the morning you should have received the actual check. This is 3 business days after the closing is processed by the office staff. You will also receive a notification that your deposit has been made. You will receive a Non-Negotiable check stub confirming the processing of your payment.

Frequently Asked Questions:
How long from the time I submit my request will direct deposit go into effect?
It takes approximately 10 business days to process the request.
How am I notified that deposit has been made?
You will still receive a Non-Negotiable check stub confirming processing of the payment.
How fast are commission payments deposited to my account?
Payments will post to your account on the same day that a live check would be delivered to your office. This is 3 business days after the closing is processed by your office staff.
What if I change bank accounts?
You must submit another direct deposit application form.
Can I have my funds deposited to more than one account?
Only one account can be used to deposit the funds.
What if I decide to discontinue direct deposit?
You must notify us in writing. It takes approximately 10 business days to process the request.

March MLS Stats

Active Listings:
(March 2008: 15,095) (March 2009: 13,808) Down 9%

Listings Taken:
(March 2008: 3,647) (March 2009: 3,849) Up 1%

Solds:
(March 2008: 2,880) (March 2009: 2,560) Down 11%

Expireds:
(March 2008: 1,164) (March 2009: 1,020) Down 12%

Pendings:
(March 2008: 2,612) (March 2009: 2,568) Down 2%

April Birthdays & Anniversaries

2008 CBWS Award Winners

Congratulations to the following Coldwell Banker West Shell 2008 Award Winners!!