Short Sales and ‘Green’ Features Added

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MRIS, Feb. 4, 2008–Have you checked out these options in Matrix? In response to feedback from our valued MRIS subscribers, the following search options are now available: Short Sales, Third-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.

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

“Appliances” – Energy Star Appliances
“Heating System” – Energy Star Heating System
“Cooling System” – Energy Star Cooling System

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

To share feedback on this article, click: Communications@mris.net