MIAMI – (RealEstateRama) — The Miami Association of Realtors® (MIAMI) has signed an agreement with the real estate technology firm MLS Offers to make MLS Offers’ patented offer submission and negotiation platform available as a member benefit to their 46,000+ members through an integration into their Matrix MLS software.
“MLS Offers is an agent-to-agent communication platform that makes managing all offers across all listings a breeze for agents,” MLS Offers CEO Alan Fenn said. “We essentially allow offers to be submitted directly from the MLS. When a list agent requires all offers on their listings be submitted through MLS Offers, they ensure that all offer terms, documents and negotiation correspondence are easily managed by both agents through a simple and clean user interface. We are very excited to partner with MIAMI to bring this technology to all their agents.”
In addition to being able to import their listings directly into their MLS Offers accounts, MIAMI members will also be able to “enable” MLS Offers service when they add listings to the MLS.
Doing so will embed a hyperlink in the broker remarks section of the MLS sheet to submit an offer on that listing. Clicking this link will allow buyer’s agents to view offer instructions, download documentation provided by the list agent such as disclosures, complete an online offer summary and attach their offer documentation.
On the buy side, agents always know their offer was received successfully by the list agent and are able to track the status of their offer online at all times. This eliminates the frustration of trying to reach the list agent to find out if they received an offer and what is going on with it. Buyer agents also send all offer communication to the list agent through MLS Offers. They can send messages, amend their offer, withdraw their offer, or agree to a seller’s counteroffer terms.
A pain point of many MIAMI list agents is dealing with multiple offers. MLS Offers addresses this by allowing list agents to easily manage and compare multiple offers in one spot. Agents can even reply to multiple offers on a listing with one click instead of replying to each buyer agent individually. This is a time saving feature when sending out requests for more information, highest and best requests, or even offer rejections.
With MLS Offers, all communication between agents on each offer is handled in the organized MLS Offers environment. This removes the need for agents to manage offers through their cluttered email inboxes. MLS Offers adds a level of transparency to the offer process that is not available with email correspondence. MIAMI believes this transparency will enhance the way offers are handled and reduce complaints to the association surrounding offers, which is one of the benefits that attracted them to this technology.
“MLS Offers provides so many benefits to both list and buy side agents that I envision this eventually becoming the standard method by which offers are submitted and negotiated throughout the real estate industry,” Miami Association of Realtors® CEO Teresa King Kinney said.
Please visit www.MLSoffers.com to learn more about the service they provide agents.