September 2016 Board Report

September Board Report

Meeting of the Board of Directors September 16, 2016

Finance Committee: The July Financial Report indicates the Corporation remains financially strong and stable, with membership increasing for the year.

Duplicate Listing Policy: The Directors approved changes to the Rules that will allow duplicate listings for properties that qualify for both Residential and Multi Unit 2-4 Property Types; Residential and Lots & Land Property Types; and for properties that are adjacent to each other that are being offered at one price individually and at another price if offered together as a combined sale. The listing agent will be responsible for reporting the sale of the listing that best reflects the buyers intended use of the property.

Broker & Manager Meetings: BAREIS MLS® hosted meetings with brokers and managers in Solano, Sonoma, Napa and Mendocino counties last month, and will host meetings in Marin in October.

Rapattoni Updates: Rapattoni is making adjustments to the system that will improve system performance. The Directors were shown a preview of the new autoprospecting email that is currently being tested and liked the new formatting which is expected in the next few weeks.

CMLS & California Association of REALTORS® Meetings: BAREIS MLS® will attend the upcoming meetings for both the Council of Multiple Listing Services and the California Association of REALTORS®.

Board of Directors Elections: Lori Segraves, Nuala Rege, Richard Bortolazzo and Darla Stever were appointed to the Nominating Committee for purposes of selecting qualified Class A director candidates and receiving nominations for Class B directors.

NorCal Public Portal: A premier Northern California public portal is being developed to provide a modern, photo-centric public real estate search site. The website will not allow advertising and all leads will be directed to the listing agent. The effort is well underway and is expected to be live with MLS data from SFAR MLS, EBRD, & BAREIS MLS® before the end of October.