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‘Green’ Features and ‘Short Sales’ Added

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(MRIS)–In response to feedback from our valued MRIS subscribers, the following search options have been added to Matrix: Short Sales, 3rd Party Approval Sales, and Green Friendly Energy Star appliances and heating/cooling systems in Matrix.SHORT SALES

Pick-list items have been added to assist both listing and selling agents:

“Current Financing/Loan” – Short Sale has been added to the pick-list. The listing agent should select this field to disclose that the property is subject to a Short Sale. In addition to the seller, the lender will have to approve the buyer’s offer.

“Contract Info” – Comp-Subject to 3rd Party Approval has been added to the pick-list. To reduce expenses associated with a short sale, a lender may insist on a commission fee reduction.

GREEN FRIENDLY

The following pick-list items mark the first step in what will be a comprehensive “green” solution suite slated for implementation in Q1 2008.

New pick list items have been added to allow you to enter and search for Energy Star Products:

“Appliances” – Energy Star Appliances has been added to the pick-list.

“Heating System” – Energy Star Heating System has been added to the pick-list.

“Cooling System” – Energy Star Cooling System has been added to the pick-list.

To access helpful details from the US Department of Energy, click for more information: http://tinyurl.com/24pgg.

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