Announcements  7/29/2008

SHORT SALE DISCLOSURE
• The May 15 announcement informed brokers that with the June 10 Tempo programming “publish” the Sales Conditions data field would be split into Optional Disclosures and Mandatory Disclosures.
• Since that time, RSC has received a number of calls and emails from brokers that thought the announcement inferred that Short Sales, for instance, never need to be disclosed.
Please click here for clarification on RSC policy concerning the Optional and Mandatory disclosure fields.

CUSTOMER REPORT CHANGES
• In response to current market conditions the RSC Board of Directors, at their July 16, 2008 meeting, passed a motion that would allow the Optional Disclosures and Mandatory Disclosures data fields to appear on the Customer (with photos) Reports. The IDX data feeds, and if possible, the Client Web pages, will also contain these data fields. These changes are scheduled for the December 2008 Tempo programming publish.

REMINDERS
FAX-IN: Ensure that you use the Tempo-generated cover sheet, not your personal/office cover sheet, and that all documents are right-side up, instead of up-side down.
REPLACE PRIMARY PHOTO: The photo that is currently marked as “Primary Photo” cannot be deleted until a new or different photo is set as the primary.
PHOTO RESIZE: RSC has a quick, easy application to use to resize large photos. This application is located on the www.pikespeakrsc.com site in the Quick Links section.
RE-ENTERED LISTINGS: Properties that are cancelled, and then re-entered into the PPMLS system within 30 days by the same broker, will receive a “courtesy warning” from the Violations Monitor requesting a copy of the new listing agreement. These re-entered listings also have a Cumulative Days on Market (CDOM) which is the current DOM, plus the DOM of the previous listing.
 

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