February 3, 2011 Board of Directors Meeting Summary
Action Items Included:
- Report on the meeting of the 5 CT MLSs
- Approval to ask Mike Audet to approach the other 4 CT MLSs to see if they are interested in moving forward on the four areas of potential cooperation identified in the meeting
- Update on the Insight 360 listing syndication reporting system
- Agreement to have staff prepare and promote membership education programs on listing syndication
- Agreement to enact Direct Feed Agreement with Zillow, which, like the agreement with Realtor.com and Trulia, will improve listing accuracy on the sites, protect CTMLS/brokers from re-syndication of listing data, and provide direct, contractual obligations regarding use of CTMLS listing data
- Review of Listing Statistics
Sales Statistics as of December 2011 – download here.
- Update on training of the Mid-State Service Center
- Agreement to have staff actively pursue data sharing agreements via Data Co-Op with other MLSs, country-wide.
- Review of CTREAL Statistics
- Review of “Cost per Lead” of CTREAL.com
- 2011 – $74.09
- 2012 – $31.55
- 2013 – $22.53
- 2014 – $12.13
January 6, 2011 Board of Directors Meeting Summary
Action Items Included:
- Review of WAV Group proposal for the meeting of the 5 CT MLSs
- Approval of the revised Service Center Standards, with changes
- Review of the November financials
- Review of Listing Statistics
- As of November 2011 there were:
Sales Statistics as of November 2011 – download here.
- Review of proposed training and launch dates for MLS Fusion
- Review of CTREAL Statistics
Review of concerns regarding syndication of listings and agreement to prepare a comprehensive report of effectiveness, desirability, etc., for the Board’s review once statistical data has been gathered via Insight 360 reporting
December 2, 2011 Board of Directors Meeting Summary
Action Items Included:
- Introduction and welcome for new Board members, Mark Sanner and Bob Mori
- Election of Officers
- President Elect – Diana McDougall
- Treasurer – Paul Breunich
- Secretary – Candace Adams
- Review of DotLoop document management product/system
- Review of letter from ECAR regarding membership policy
- Review of NAR policy on IDX franchise feeds
- Agreement to not send the CEO to NERC or the NAR Leadership Summit in 2012
- Approval to provide funding for the President Elect to attend the NAR Mid-Year meeting in Washington, DC
- Review of October financials
- Agreement that 2012 charitable donations would all go to Connecticut foundations
- Review of Listing Statistics
- 2,237 offices and 10,902 members.
- Secondary – 111 Offices, 556 members (48 LA)
Sales Statistics as of October 1, 2011 – download here.
- Review of CTREAL Statistics
November 4, 2011 Board of Directors Meeting Summary
Action Items Included:
- Approval to invite the five CT MLSs to a meeting mediated by Mike Audet, WAV Group
- Report on the response by NAR to the letter regarding unauthorized use of MLS data by LPS
- Review of Listing Stats
- 2,263 offices and 11,041 members.
- Secondary – 105 Offices, 556 members (48 LA)
Sales Statistics as of Setpember 1, 2011 – download here.
Approval to make the label “REO” instead of “lender owned” and to make it a required field
October 14, 2011 Board of Directors Meeting Summary
Action Items Included:
- Report on the Mid-State Service Center Approval Hearing
- Approval of sharing data with the Ocean County NJ MLS via Data Co-Op
- Update on the Real Estate Standards Organization (RESO)
- Approval of the 2012 Budget
- Review of August financials
- Review of Listing Stats
- 2,274 offices and 11,050 members..
- Q3 Offices – 2,263 Q3 Members – 11,041
- Secondary – 87 Offices, 426 members (43 LA)
Sales Statistics as of August 1, 2011 – download here.
- Approval that one photo be mandatory for all rental properties
- Approval to add “Type of Financing” as a new data field once a listing has closed
Approval to add “Show, Short Sale Pending” as an option if “Possible Short Sale” has been selected
September 2, 2011 Board of Directors Meeting Summary
Action Items Included:
- Approval of a letter to the National Association of REALTORS® regarding the unauthorized use of MLS data by LPS.
- Report on the NAR Leadership Conference, Chicago
- Agreement not to provide MLS data to Fannie Mae if they will not permit data safeguards
- Review of letter to and from the Litchfield Board attorney
- Review of July financials
- Review of listing statistics
Sales Statistics as of July 1, 2011 – download here.
- Review of the Slate of Candidates prepared by the Nominating Committee
Large Firm Participants Region
Candace Adams, Prudential Connecticut Realty – 3 year term 4
Barbara Pearce, H. Pearce & Company – 2 year term 3
Medium Firm Participants
Eric Greenstein, The Partner Network LLC – 3 year term 4
Jim Guarrera, Carey & Guarrera Real Estate – 3 year term 2
Small Firm Participants
Bob Mori, Infinitas – 3 year term 1
Denise Robillard, Continental Realty Associates, Ltd. – 3 year term 4
Subscriber
Mark Sanner, RE/MAX Realty Group – 1 year term N/A
August 5, 2011 Board of Directors Meeting Summary
Action Items Included:
- Approval to engage the WAV Group to act as a 3rd party intermediary between the CT MLSs
- Approval of change to the Bylaws to include the Greater New Milford Service Center
Review of June and 2nd Quarter financials
July 8, 2011 Board of Directors Meeting Summary
Action Items Included:
- Consideration of the Fannie Mae Short Sale Assistance Desk and approval to work with Fannie Mae to reach acceptable terms
- Review of CIVIX settlement
- Approval to charge licensed assistants $26.26 member/month for MLS access.
- Approval to charge teams $26.26 team/month for the separate team ID used in the MLS system
- Review of Partner InfoNet product
- Review of Agent Rating system
- Review of April and May financials
- Approval for staff to require evidence of claim before requesting supporting documents from brokerages
Approval that ACT, ARENT, TEMP, WITH, DEPOS, NEW, and SHOW statuses are moved to the purchasing company’s name, but the sales history remains historically accurate with the original selling company name.
June 13, 2011 Board of Directors Meeting Summary
Action Items Included:
- Approval of NAR required changes to the Rules & Regulations
- Approval of messaging proposed by the WAV Group
- Acceptance, with regret, of the resignation of John Zubretsky, C-21 Access America, from the Board and his replacement by Barbara Pearce, H. Pearce & Co.
- Consideration of the Mid-State Service Center Application
June 7, 2011 Board of Directors Special Meeting Summary
Action Items Included:
- Approval to participate in the NAR settlement of the CIVIX lawsuit with payment of $3 per member made to NAR prior to June 15, 2011.
May 6, 2011 Board of Directors Meeting Summary
Action Items Included:
- Acceptance of the Greater New Milford Board Service Center Application, effective October 1, 2011.
- Discussion of NAR proposed settlement with CIVIX
- Review of the March and 1st Quarter financials
- Kurio upgrade scheduled for June
- Realist2 upgrade schedule for July
- Scheduling of Strategic Planning session for June 7th
March 11, 2011 Board of Directors Meeting Summary
Action Items Included:
- Review of the Mandatory Listing Policy
- Request for Cameron to make a recommendation for a strategic planning session at the April BOD meeting
- Review of responses from CTMLS Service Centers to the Greater New Milford request to become a CTMLS Service Center
- Review of CEO report on Realtor.com MLS Advisory Committee and Clareity Conference
- Review and approval of the 2010 Audit
- Review of the January and February financials
- Approval for an automatic fine of $500 for any administrative assistant found to be engaged in real estate practice (i.e., their name appears on a listing in the MLS)
February 3, 2011 Board of Directors Meeting Summary
Action Items Included:
- Appointment of panel members for the New Milford Service Center hearing
- Approval for a direct data feed to Trulia
- Approval for a data sharing agreement with NNEREN
- Consideration of an MLS complaint regarding enforcement of the mandatory listing policy
- CTREAL: 26,550 visitors with 467 leads
- ListHub: 49,711 visitors with 1,815 leads
January 6, 2011 Board of Directors Meeting Summary
Action Items Included:
- Welcome of new Board members
- Invitation to the Greater New Milford Association to the February BOD meeting
- Approval for Cameron to accept the invitation to sit on an “MLS of the Future” panel hosted by the Florida Association of REALTORS®
- Review of the November financials
- Review of upcoming system changes
- Approval for password reset on 3/8/11
- Approval of Rules & Regulations change to allow YouTube video hosting
- Appointment of the Nominating Committee Members
- CTREAL: 19,317 visitors for 1,705,155 total.
- ListHub: 43,363 visitors for 2,233,000 total
December 3, 2010 Board of Directors Meeting Summary
Action Items Included:
- Election of Curt Clemens as the 2011 President-Elect, Candace Adams as the 2011 Secretary, and Paul Breunich as the 2011 Treasurer
- Review of the request by the Greater New Milford Association to become a CTMLS Service Center
- Approval to replace CTMLS phones/hardware
December 3, 2010 Annual Meeting Summary
Action Items Included:
- Approval of election results:
LargeFirmParticipants
Paul Breunich, William Pitt Sothebys International – 3 year term
Medium Firm Participants
Phil Caruso, Marr & Caruso Realty Group – 2 year term
Small Firm Participants
Kanayo Rupwani, Rupwani Associates – 3 year term
Robert Meyer, Connecticut Condos Realty – 3 year term
Subscriber
Bob Mori, RE/MAX Right Choice – 1 year term
- Review of the annual CEO Report
- Recognition of Service Centers
- Presentation of a commemorative gift to President Guarrera
November 12, 2010 Board of Directors Meeting Summary
Action Items Included:
- Approval of amended contract extension with Core Logic
- Approval for purchases of computer hardware
- Review of September and 3rd Quarter financials
- Approval for Service Center bonuses
- Approval for upgrade to Curio from MLX Wireless
- CTREAL: 23,865 visitors, with 502 leads. 1,664,372 visitors since launch
- ListHub: 52,235 visitors, with 1,253 leads. 2,190,465 visitors since launch
October 8, 2010 Board of Directors Meeting Summary
Action Items Included:
- An update to the Board of Directors on the meeting of the five CT MLSs planned by President Guarrera
- Approval to negotiate an extension of the MLS contract with MLXchange
- Approval for limited access to the MLS for a DCP staff appraiser
- Acceptance of the 2011 Budget
- Approval for a reactivation fee of $25 for past-due subscriber accounts
- CTREAL: 22,961 visitors, with 438 leads. 1,640,507 visitors since launch
- ListHub: 51,414 visitors, with 1,288 leads. 2,138,000 visitors since launch
August 13, 2010 Board of Directors Meeting Summary
- Agreement to continue consideration of the RPR, Move, and Core Logic products after seeing how they succeed in the marketplace
- Update on the CTMLS Clambake, with 346 attendees
- Approval to have the MLS Committee review MLS security products for a recommendation to the Board
- Review of June and 2nd quarter financials
- Membership: 2,278 Offices, 11,283 Subscribers
- Agreement to not provide listings to the CERC SiteFinder
- Approval for:
- With/Cancl status can only be changed with broker level access
- Addition Depos status to listing auto-notification emails when they are due to expire
- Listings will now be auto-expired when they come off Depos status
- Mill rate update
- Activating additional statistical reporting to include Firm/Office/Agent ranking
- Review of membership/REALTOR® report project and approval to provide results to the Connecticut Association of REALTORS®
- CTREAL: 26,060 visitors, 1,590,969 since launch
- ListHub: 57,436 visitors, 2,027,235 since launch
July 9, 2010 Board of Directors Meeting Summary
- Review of email vote to approve the CTMLS Clambake
- Review of May financials
- Membership: 2,261 Offices, 11,191 Subscribers
- Approval for additional “style” and “appliance” choices to be added to the RES and Condo fields
- Approval for rental “Type” to be required
- Approval for the password change for September 1
- Approval to activate CDOM ( Cumulative Days on Market) in MLXchange
- Review of proposed CTREAL updates and improvements
June 4, 2010 Board of Directors Meeting Summary
- Presentation by the REALTOR® Property Resource (RPR)
- Approval of the additional NAR changes to the rules and regulations
- Appointment of Board members to bring details of the CTMLS clambake to the Board of Directors for a vote.
- Review of the April financials
May 7, 2010 Board of Directors Meeting Summary
- Presentation by Move (realtor.com) on the “Find” product
- Approval for limited access by a licensed appraiser on the staff of the Department of Consumer Protection, restricted to sold data only.
- Approval to share all statuses, all classes with the RI Statewide MLS via reciprocal access.
- Approval of the NAR requested changes to the Rules & Regulations
- Unanimous endorsement of the white paper, “How to Build a Statewide MLS” with a forward provided by President Guarrera.
- Review of the March and 1st quarter financials
- Membership: 2,268 Offices, 11,285 subscribers
- Approved to accept Phil Caruso, Marr & Caruso Realty Group, as a medium size broker representative from Region 1.
- Approval of the MLS Committee recommendation for a universal password change to be implemented by late summer or fall.
April 9, 2010 Board of Directors Meeting Summary
Action Items Included:
- Presentation by First American
- Report on the Realtor.com Executive Advisory Committee and Real Estate Information Symposium
- Review of February 2010 Financials
- Membership Stats: 2,335 Offices and 11,289 members with 29,983 active listings
- Approval of change to Section 7.1 of the Rules & Regulations
- CTREAL Stats: 47,987 visitors with 818 leads. With ListHub; 136,029 visitors and 2,383 leads.
March 5, 2010 Board of Directors Meeting Summary
Action Items Included:
- Presentation of the 2010 Marketing Strategy
- Review of the 2009 Annual Report
- Review of the 2009 Audit
- Review of the January 2010 financials
- Membership Numbers: 2,345 offices and 11, 349 members with 28,060 active listings
- CTREAL Stats: 41,130 visitors with 702 leads. With ListHub; 139,198 visitors and 2,138 leads.
February 5, 2010 Board of Directors Meeting Summary
Action Items Included:
- Acceptance of the NAR required changes to Section 5.6 NOTE of the Rules & Regulations
- Review of letter of reply to the Candid Group
- Approval of providing summary sales statistics to the Connecticut Economic Resource Center (CERC)
- Introduction of Adam De Young, the new Director of Marketing
- Review of final relocation costs
- Launch of the Realist tax product was intentionally delayed to two days to ensure uninterrupted service.
- CTMLS will begin offering online Service Center training beginning in March.
- Approval to add an additional Virtual Tour field
- CTREAL: 29,468 visitors with 799 leads. With ListHub, the numbers are 133,084 visitors and 1,844 leads.
January 8, 2010 Board of Directors Meeting Summary
Action Items Included:
- Welcoming of new Board members Curt Clemens, Bob Mori, and Linda St. Peter.
- The final report on the move to the 860 N. Main Street Address. The buildout and move were completed on time and on budget.
- Approval for Cameron to accept an invitation to sit on the Realtor.com Executive Advisory Committee
- Review of the November financials
- Membership Stats: 2,314 Offices, 11,586 Members, 25,777 active listings
- Launch of the Realist tax product will be on February 1
