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The Ann Arbor MLS System Is Going Crazy Today!

It is funny how much we depend on technology in the Ann Arbor real estate business these days.

About an hour ago I started having problems with our MLXchange system. (That is the database of property used by the Ann Arbor Area Board of REALTORS.)

Today the MLXchange system was crashing a lot when I tried to look at some detailed property listings. To the point is was almost unusable. So I decided to take a break and look at some other things.

Just now I received an automated email of a price reduction that sounded too good to be true. It is a West Ann Arbor home that would be priced around $225,000 and the price noted was $125,000. So, I pulled up the complete data and sure enough it looked like there was a big price reduction.

Well the listing agent is someone I work with a lot and she is normally very professional. As I looked at it closer something didn't make sense so I decided to call her and see if it was just a typo she would want to fix.

I call her and she knows nothing about a price reduction! It would appear that the MLXchange system reduced the price without human intervention!

Either that, or, it has let some quirk in the data slip by where somebody else's reduction was made on this propery.

Very strange day for real estate!

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Skeleton in the corner

So I was out evaluating property with a couple last week and we walked into a "vacant" home, turned around, and saw this in the corner:

I was startled, and the wife was startled. Not a great way to display your home.



Good article on potential use of the Pfizer site,

MLive had a good article this week on the potential usage of the Pfizer site.

If somebody picks up the site it will change the face of local residential real estate again.

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News article to share with sellers during negotiation

Area foreclosures have jumped about 90% last year, and some economists predict there will be more this year.

This is critical information to include in your negotiations if you make an offer on a home this next month.

Especcially if your seller is out of the area.

Contact us if you are interested in other important negotiating tools when you buy a home. (Most of which you will never hear about from designated/dual type buyer agents.)

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