February 2017 Board Report

February Board Report

Meeting of the Board of Directors February 17, 2017

Finance Committee: The 2016 books are currently in audit and the report for the period ending December 31, 2016 will be presented in March at the annual meeting March 24, 2017.

Nominating Committee: No nominations by petition were received. Ballots will be mailed to the membership by February 21, 2017. One of the candidates for a Sonoma County Class A Director position is moving out of state and withdrew his name from the ballot.

Innovation Task Force: The Board approved the addition of the mortgage calculator product RatePlug to BAREIS MLS® as a no-cost member benefit. The product will be integrated into Rapattoni and will show mortgage calculations at the bottom of the Client Full and Client Summary Reports with the best mortgage product each lender has for that property type/location. The agent selects the mortgage professionals they wish to highlight. Agents can also create property flyers featuring their preferred lending partners.

MLS Committee: The Directors approved the recommendation to remove the field “Address on Internet Full/Partial” because mapping features on third party portals pin the location of the address on map displays. The “Pass to Internet Yes/No” field will remain. The Directors did not approve a recommendation to change Marin Area A2800 “Chileno/Hicks Valley” to Chileno/Hicks Valley/Two Rock, but instead directed staff to solicit members’ feedback on a better name for this area that overlaps Marin County and the city of Petaluma.

Rules Committee: The Directors approved adding language to Regulation 15.11 to clarify that a BAREIS MLS® approved lockbox is required on a property if a lockbox or keyless access device is present on a property for the purpose of allowing agents access to that property. The Directors did not approve the Rules Committee recommendation to revise Regulation 9.22.4 to reset CDOM to “0” if a new listing is created more than 45 days after a property has Expired or Withdrawn/Cancelled from the system.

Rapattoni Updates: The ability to search by listing number has been added to the Interactive Map Search.

SUPRA Auto-Assigning of Lockboxes: Based on initial testing, this feature does not seem to be functioning as expected. SUPRA is working on resolving the issue.

Sold--Off MLS Listings: 514 listings were reported as Sold—Off MLS in 2016.

Annual Membership Meeting: The annual membership meeting will be held at 10:00 AM on Friday, March 24, 2017 at BAREIS MLS® headquarters in Santa Rosa.