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'California MLS' off to rocky start Premium Content

By Matt Carter, Wednesday, September 2, 2009.

Backers of a plan to create a statewide multiple listing service in California are downplaying the long-term impact of a decision by the Fresno Association of Realtors to put participation in the system on hold just two weeks after its launch.

Fresno was one of three Realtor associations on board for the Aug. 17 launch of calREDD, a service of the California Association of Realtors' CALMLS (California MLS Inc.) subsidiary. Ten other Realtor associations are slated to start using calREDD in the coming months.  more...

Cracking down on bailing buyers

By The Real Deal, Wednesday, September 2, 2009.

In this weak real estate market, new condo developers possess relatively little in their arsenals to arm themselves against the onslaught of purchasers seeking to back out of contracts. But there are a few measures developers can take to protect themselves without scaring off potentially legitimate buyers.

Some developers, for instance, are using new clauses designed to prohibit buyers from litigating their way out of deals.  more...

Consumers can 'Ask a Realtor'

By Inman News, Wednesday, September 2, 2009.

A new "Ask a Realtor" service from Realtor.com allows site visitors to submit questions about buying or selling a home, mortgage issues and local market trends, and receive a response from a Realtor by e-mail.

Answers are e-mailed directly to the consumer by a Realtor.com moderator, and will be archived on Realtor.com Blogs for future reference, listed chronologically and by subject. Questions can be posed anonymously or with a request for a follow-up by the responding Realtor, Realtor.com said.  more...

ForeclosureRadar enters 4 new states

By Inman News, Wednesday, September 2, 2009.

ForeclosureRadar, a subscription-based service that allows users to search for and track properties through the foreclosure process, is expanding into Arizona, Nevada, Oregon and Washington.

Based in the San Francisco Bay area, the company has provided services in California since its May 2007 launch.  more...