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WRIST APRIL 2011 NEWSLETTER |
04/01/2011 |
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LOCKBOX SURVEY: IT'S ONLY A SURVEY |
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Last month we conducted a survey about
electronic lock-boxes and the response was overwhelming. We want the
WRIST MLS service to be a true benefit to you and a survey is one
way we obtain interest and sometimes, direction.
Our surveys are designed to be brief with just
a few questions per survey. We also include a comment section to
further your ability to communicate with us. The subject matter of
electronic lock boxes does not indicate that we are interested in
trying to deploy electronic lock box technology. It indicates that
we are trying to find out if you are interested in the technology.
We feel very strongly that we should evaluate interest and benefit
to our organization before we spend valuable time, energy, and
resources.
The membership spoke loud and clear that they
are not in favor of electronic lock boxes. We had almost 28% of the
total membership respond (our highest ever participation rate) with
nearly 60% of the respondents having prior electronic lock box
experience. 89% of total membership was not in favor of buying
electronic lock boxes (81% SBOR members and 93% MOAR members). 84%
of total membership was not in favor of leasing electronic lock
boxes (79% SBOR members and 83% of MOAR members).
We will continue to conduct 3 to 4 surveys a
year and I encourage everyone to set aside two or three minutes and
participate in all surveys. This is a great and simple way for you
to impact your MLS. |
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LOCKBOX SURVEY RESULTS |
LOCKBOX SURVEY RESULTS: MLS
WIDE RESULTS
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DO
YOU HAVE PRIOR ELECTRONIC LOCK BOX EXPERIENCE? |
| YES |
58.6% |
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| NO
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41.4% |
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| WHAT IS THE MAIN BENEFIT
TO ELECTRONIC LOCKBOXES? |
| CONVENIENCE |
24.4% |
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| SAFETY |
19.8% |
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| NONE |
55.8% |
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| WOULD YOU PURCHASE
ELECTRONIC LOCK BOXES TO PLACE ON YOUR LISTINGS AT A
PRICE OF $85 PER BOX? |
| YES |
10.8% |
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| NO
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89.2% |
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| WOULD YOU SUBSCRIBE TO
THE SENTRILOCK SERVICE FOR $7 PER MONTH ($84 ANNUALLY)?
THIS WOULD GIVE YOU THE ABILITY TO INSERT YOUR SENTRI-CARD
INTO ANY WRIST AREA ELECTRONIC LOCKBOX TO ACCESS THE
KEY. |
| YES |
24.1% |
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| NO
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75.9% |
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| RATHER THAN PURCHASING
THE HARDWARE FOR ELECTRONIC LOCKBOXES, WOULD YOU BE
WILLING TO FINANCE ELECTRONIC LOCKBOXES AND THE SOFTWARE
FOR $20 PER MEMBER PER MONTH? |
| YES |
16.2% |
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| NO
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83.8% |
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LOCKBOX SURVEY RESULTS: MOAR
BOARD
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DO
YOU HAVE PRIOR ELECTRONIC LOCK BOX EXPERIENCE? |
| YES |
59.2% |
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| NO
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40.8% |
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| WHAT IS THE MAIN BENEFIT
TO ELECTRONIC LOCKBOXES? |
| CONVENIENCE |
24.3% |
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| SAFETY |
17.1% |
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| NONE |
58.6% |
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| WOULD YOU PURCHASE
ELECTRONIC LOCK BOXES TO PLACE ON YOUR LISTINGS AT A
PRICE OF $85 PER BOX? |
| YES |
6.6% |
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| NO
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93.4% |
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| WOULD YOU SUBSCRIBE TO
THE SENTRILOCK SERVICE FOR $7 PER MONTH ($84 ANNUALLY)?
THIS WOULD GIVE YOU THE ABILITY TO INSERT YOUR SENTRI-CARD
INTO ANY WRIST AREA ELECTRONIC LOCKBOX TO ACCESS THE
KEY. |
| YES |
18.4% |
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| NO
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81.6% |
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| RATHER THAN PURCHASING
THE HARDWARE FOR ELECTRONIC LOCKBOXES, WOULD YOU BE
WILLING TO FINANCE ELECTRONIC LOCKBOXES AND THE SOFTWARE
FOR $20 PER MEMBER PER MONTH? |
| YES |
17.1% |
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| NO
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82.9% |
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FEBRUARY 2011 HOME SALES STATISTICS |
MAY 2011 EDUCATION |
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Average Sale Price |
Total Volume |
# of Sales |
| Auglaize |
$87,179 |
$1,917,938 |
22 |
| Champaign |
$$80,905 |
$1,618,100 |
20 |
| Clark |
$101,383 |
$5,069,150 |
50 |
| Logan |
$105,188 |
$3,050,452 |
29 |
| Mercer |
$67,579 |
$1,013,685 |
15 |
| Miami |
$80,846 |
$3,233,840 |
40 |
| Shelby |
$95,573 |
$1,242,449 |
13 |
| All Areas |
$98,088 |
$23,246,856 |
237 |
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| RESIDENTIAL &
CONDO PROPERTY TYPES INCLUDED. |
THE AVERAGE DAYS ON
MARKET FOR PROPERTIES SOLD IN FEBRUARY 2011 WAS [140 DAYS].
DATA SUBJECT TO
ERRORS, OMISSIONS, REVISIONS - NOT WARRANTED. |
05/02/2011.
MLXchange Basic
Location:
WRIST Office
10:00 AM
05/03/2011.
GeoJet/Virtual Tour
Training
Location:
WRIST Office
10:00 AM
05/03/2011.
MLXchange Web Design
Location:
WRIST Office
2:00 PM
05/04/2011.
MLXchange CMA
Location:
WRIST Office
10:00 AM
05/04/2011.
MLXchange Advanced
Location:
WRIST Office
2:00 PM
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