BEND, OR – On Thursday, June 14, Cascade Sotheby’s International Realty hosted an advanced RMLS training session at their Old Mill headquarters. The class was led by Michael Babbitt, a Managing Principal Broker with Cascade Sotheby’s, covering Portland Metro, the Oregon Coast, and SW Washington, with over 10 years of industry expertise in buying, selling, legal and short sales.
RMLS.com (Regional Multiple Listing Service) is a comprehensive searchable database of real estate information providing another avenue to view properties in specified market areas. Brokers utilize Its suite of services to establish contractual offers of compensation (among brokers) and accumulate and disseminate information to enable appraisals. A multiple listing service’s database and software is used by real estate brokers, representing sellers under a listing contract, to widely share information about properties with other brokers who may represent potential buyers or wish to work with a seller’s broker in finding a buyer for the property or asset. The listing data stored in a multiple listing service’s database is the proprietary information of the broker who has obtained a listing agreement with a property’s seller.
A primary advantage of being able to leverage this tool, is to maximize your business by optimizing available resources. A key component of the RMLS system is the classification of conventional common home style characteristics. The program is also known for its highly comprehensive coding and abbreviation system, with designation for county and features of the structure. Michael Babbitt added, “By attending this class, brokers will get an overview of what it’s like to belong to the largest MLS in Oregon and SW Washington. They will be able to increase exposure to their listings, and add in-depth market information and trends for different parts of the state that could be indicators on what is coming to Central Oregon Market.”