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Metrolist MLS Statistical Reports Available to Colorado Realtors for Area Expertise

By
Real Estate Agent with Metro Brokers Realty Oasis

BrokerIPTV: Today, we are talking with Leslie Rusher from Metro List and the topic is MLS statistics, how are you?

Leslie Rusher: Good, how are you?

Interviewer: Thanks for being with us.

Leslie Rusher: Thank you for having me.

Interviewer: You know I am watching various broadcast outlets and they are talking about the housing market and what's happening and has it risen and fallen and average median price and all that, we getting that information from you right?

Leslie Rusher: Yes, absolutely. We publish monthly reports that gives statistics both on you know the macro level and also too for specific MLS areas. These reports are exclusive to our members and we don't... so we don't distribute them to the public, so that's something our members can add a little bit of value. They really just... they give the numbers and then that allows our members to put in their own interpretation and their own... add their own day-to-day expertise.

Interviewer: Now, I am not a great number's cruncher getting down into the deep in the data; is it difficult?

Leslie Rusher: No, no, it's really not. You have the pre-formatted reports that you can look at and then kind of make your own assumptions from there. Really the whole point of these pre-formatted reports is to set up our customers to be the experts for their clients.

Interviewer: All right. What type of reports are available to me?

Leslie Rusher: What type of reports? Well, we have reports that give monthly statistics for average prices, median prices, the total days on market information, also let's see... we have a more detailed breakdown of residential and condo that gives that same sort of days on market, prices, sort of...

Interviewer: Well, what's happening in that particular area, you know you can search an MLS area, Denver North, Denver East that type of thing?

Leslie Rusher: Absolutely.

Interviewer: And then just find out what's happening in there.

Leslie Rusher: Absolutely.

Interviewer: There is a condo report, a residential report; what if a broker needs more in-depth information?

Leslie Rusher: Well, our Prime Access Power Search has advanced statistical capability' if you can go in and define your own specific search criteria and then that allows you to customize what statistics you are able to pull.

Interviewer: Or you could always do what I do which is halfway through I just call the ML... My MLS number help desk and say I am trying to find out this information about this area, can you help me and they do.

Leslie Rusher: And they do, they are very good about that.

Interviewer: That's what their job is.

Leslie Rusher: That is, that's what their job is.

Interviewer: Okay.

Leslie Rusher: And also you know we want to add that we have added two new reports to the pre-formatted report section. The first one is called monthly indicators, which is just a really nice visual graphic representation of monthly numbers as compared to the prior month and three months of trend data to show... obviously to show trends and it also gives you know average and median sold prices and days on market and for active, under a contract, and sold, so it's pretty robust and the last new report is called local market updates and that is information broken down into counties and MSA, which is the Metropolitan Statistical Area as defined by the US census bureau, so really it's just the same information broken down into slightly larger geographic areas.

Interviewer: And if people didn't want to call the help desk like me they could actually go to a class and actually learn how to dig deep and do this well.

Leslie Rusher: Absolutely. We are holding classes at our office all the time. We are starting to do webinars, even so you don't even have to come in, you can just check out our website for the webinar schedule and starting August 3rd Dan we are moving to a new location.

Interviewer: Okay.

Leslie Rusher: At 6455 South Yosemite, so after August 3rd, the classes will be held there.

Interviewer: Okay. Great. Thank you. Appreciate it. Thanks for coming by.

Leslie Rusher: Thank you. Thanks for having me.

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