In a move to increase transparency and flexibility for consumers and brokers, the Northwest Multiple Listing Service (NWMLS) will update its rules concerning the publishing of selling office commissions (SOC). The rules update will take effect on October 1, 2019 and will make three basic changes. The update will allow… Read more
The Seattle Times recently reported that the number of driver’s licenses issued to new King County residents who moved here from out of state declined in 2018 for the second year in a row. That combined with the housing market slowdown at the end of last year might make it… Read more
Former Seattle King County REALTORS® President Sam DeBord has been named the NAR President’s liaison to various national committees that deal with MLS and data technology. DeBord and his wife Liz were recognized at the NAR annual meeting in Boston earlier this month by 2019 NAR President John Smaby and… Read more
The Northwest Multiple Listing Service, in response to broker feedback, recently rolled out new input options for the database. Members will now be able to add information about any accessory dwelling units (ADUs) on the property in the “Accessory Dwelling Unit Info” section. The new field options include ADU square… Read more
Read the full story in the November issue of NW REporter. “Everyone should have the same opportunity to find a home that fits their needs.” Two brokers who shared that belief approached Northwest Multiple Listing Service (NWMLS) two years ago in hopes of finding ways to better identify properties in… Read more
The 2018 Seattle King County REALTORS® Board of Directors met Wednesday to discuss Seattle market trends and strategic initiatives for the year ahead. Members heard first from Monica Beck of NWMLS about member satisfaction, and communication projects moving forward. Randy Bannecker of Bannecker & Associates Public Affairs gave an overview… Read more
KIRKLAND, Washington (October 5, 2017) – “October will be the best month for selection and availability until late February,” proclaimed J. Lennox Scott when commenting on the latest statistics from Northwest Multiple Listing Service. MLS figures for September show inventory reached 1.7 months of supply at the end of the… Read more
KIRKLAND, Washington (Aug. 7, 2017) – New figures from Northwest Multiple Listing Service indicate home sales and prices, like July’s temperatures, sizzled. Prices area-wide rose slightly more than 9 percent from a year ago, but several counties near job centers saw larger price increases, including King County where the median… Read more
KIRKLAND, Washington (July 6, 2017) – For frustrated house hunters, there’s hope: the volume of new listings added to inventory during June (13,658) was the highest total for any single month since May 2008 (14,176 new listings), according to the latest statistics from Northwest Multiple Listing Service. “This time of… Read more
KIRKLAND, Washington (June 6, 2017) – Would-be buyers who have been shut out of the real estate market should test the “real estate waters” during the summer months suggests one industry leader. “Summer might provide some competitive relief for weary buyers,” said Gary O’Leyar, owner of Berkshire Hathaway HomeServices Signature… Read more