Definitions - Vacant Land Sales

MLS Information
* Sub Type	Choose One. Choice should closely match the land's use and description. ** Bulk - formerly multiple unit. THREE OPTIONS TO USE. 1) Enter each parcel separately, 2) Combine and enter one listing as a bulk sale, 3) Combination of the two above options. Refer to the revised rule, 2.21 for clarification.
* List Price	Price per Listing Agreement expressed in a whole number in USD. Auction listings use the opening bid amount. * NOTE: Compare the list price specified on Listing Agreement contract with the Property Data form to prevent inconsistencies between the List Price and the Original List Price before submitting to MLS.
* List Assoc & Office	* Enter the member number and the office number. * Requirements for entering a Co-Listing
* List Date	Per Listing Agreement.  * "Deliver" to MLS by entering in system or submitting an Office Exclusive form within five (5) business days of List Date. Get the Office Exclusive Form 9 here.
* Expire Date	Per Listing Agreement. Expire - Extend - Termination Date in MLS cannot exceed six (6) months beyond the List Date for all property types.
* House Number	* Important: Enter numerical characters only. Field is not for directions, the legal, or intersections. * Example - enter '560' not the word "Box". * Likewise, leave off Tract, Lot, Block, Hwy 51, or Garnett &.
Street Direction	Required if Street Direction is part of Address: N - E - S - W - NE - SW - SE - NE - NE Corner - NW Corner - SW Corner - SE Corner.
* Street	Use www.USPS.com as source, never the tax records to confirm the spelling of an address.
* Street Type	Examples: East Avenue, Street, Road, Circle, Ridge. Rural Routes use either Road or Street.
Unit / Building Number	For Condo's.
* County	Choices are equivalent to Quick Search options.
* Subdivision or Condo Name	* Use the tax record name as the source. * Condo names are found in the LEGAL Description for most counties. * Unplatted: enter [COUNTY NAME] UNPLATTED
* Tax Parcel / Account Number	* Will auto-fill county data from Realist using the property address on most listings. * MarketLinx Add/Edit searches for the address in Realist to import tax data to the listing and place the courthouse as the source where required. * Account number can be copied and pasted to this field before saving the listing as Active. * It is common for vacant land and commercial zoned properties not to have a physical address displayed on the tax records.
MLS and Tax Information
* City / * Zip / Zip + 4	* Required. * The post office web site is an excellent resource if mail is received at this address. First, enter the address and the post office site will return results with spelling errors corrected.
* Legal Description	* Refer to the tax record. * Field will hold 256 characters. For long legal descriptions, enter the minimum information shown in the Rules, * i.e. "T19N, R14E, S01, [county] or [subdivision]. Call office for long legal."
* Township / * Range / * Section	* Required. Use the tax record data, or The University of Oklahoma made this resource for NORES. * Format is important. Example Township = 19N, Range = 14E, and Section 01 to 36 (2 characters) * Identifies the square mile and is more accurate than the old Map Coordinate field.
* HOA Mandatory	Yes or No - Are Home Owners Association (HOA) dues required? * Enter HOA fees and payment frequency in the Public Remarks.
* Lot Size SF (LSF)	* Refer to the tax record or Realist as the data source. * If measuring, disclose how you obtained this number in the Remarks section. * The system will calculate the searchable Acres field. * The Acres to LSF calculation is 43,560 x [acres] = lot square feet.
Census Tract	Census data.
* Zoning Code	* Enter a code. i.e. AG instead of Agricultural. OMH or CS instead of Commercial. Examples for the City of Tulsa are in the REALTOR Directory each year
* School District	* Begin with the school district shown on the tax record. Another good Resource. * A district can be either Independent (I) or Dependent (D).  * Dependent districts do not complete grades through 12 and are "dependent on another district. Examples include Keystone (15), Lone Star (54), Anderson (65), and Osage (M7).
* Tax Amount	Refer to the tax record and enter a whole number.
* Tax Year	Enter the four-digit year representing the tax amount shown.
Owner Name / Phone	Not required, but may be helpful to other REALTORS® and the occupant when making showing arrangements.
Broker and Disclosure Information
* Internet List	Yes or No. Default is Yes. *  The listing will appear on public sites, such as http://tulsarealtors.com, http://realtor.com, and any company/associate site with the ability to search IDX listings.
* Address Public	Yes or No. Default is Yes * Applies to IDX and VOW sites, such as http://tulsarealtors.com and company/associate sites searching MLS listings. * "No" means The seller does not want their property address visible outside the MLS. Note that the "Internet List" field must be "Y".
* Allow Comments / Reviews	NAR mandated. Default is YES. * If “yes” is selected, comments (or reviews) of the property by persons other than the listing broker may be posted for display on a website this includes but is not limited to, any 3rd party site such as; blogs, Facebook, Craigslist, Trulia, Zillow, YouTube, etc. * Participants/Users should not post property information to those sites that allow comments by users unless the seller has selected "yes."  * GTAR's Facebook Application will begin filtering these listings Monday, July 27, 2009. If your seller has not selected "allow comment/review = y" then the listing will not display on your Facebook Profile. VOW
* Allow AVM	NAR mandated. Default is YES. * Is an automated valuation of the property listings which may be displayed on a Participant's website. * An automated valuation of the property listing or a link to an automated valuation of it may be displayed adjacent to the listing on a NORES participant’s website. VOW
* Flood Notice Required	Yes or No. * Contact the Public Works Department of the property's city on whether or not they send any flood notices about the property.
* Short Sale	Yes or No. Refer to the Rules for usage on potential Short Sales. Definition and Use. Short Sale as Contingent.
* Corporate / Relocation	Yes or No. Is the property corporate owned? When to change status to Pending? What is Pending?
* Lender Owned	Yes or No. Is the property lender owned?
* Type of Listing Agreement	Types of Listing Agreements -Variable Rate
* Cooperating Broker Compensation	Expressed as Dollar or Percent. The amount of compensation the listing broker is offering to the selling broker in the transaction. MLS does not determine.
* Will Accept Delivery	Yes or No. Broker Relationship Act (BRA)
* Broker Type	Single Party or Transaction. Broker Relationship Act (BRA)
* Limited Service	Yes or No. Broker Relationship Act (BRA)
* Occupied	Yes or No.
* Keybox Type	Options: Keybox (KB) - Floating KB - Combo KB - None
* Showing Contact	Options: Call Agent - Call Owner - Call Tenant - See Remarks
Lot Dimensions	Enter Width x length
Pasture Acres Cultivated Acres Timber Acres	Amount of Acres suitable for pasture, cultivation, or timber.
Current Use	Select up to four.
Fence	Select up to two types of fences.
Trees	Add Tree density description options.
Land Description	Many options from which to describe the land, such as Farm or Ranch and Mobile Ready.
Mineral Rights	Are the mineral rights included, available, or partially available with the sale.
Buildings	List up to four additional buildings that are included in the sale. Describe any details in the Public Remarks.
Utility Connections Available	Unlimited selection choices.
* Water Source	Select up to two.
* Sewer	Choose one.
Documents on File	Select all that apply from an appraisal to a soil survey.
* Possession	Choose one.
Finance Options	What type of financing is the seller offering for this sale?
Area Features
Area Amenities	Select up to ten choices from a long list, such as gated access, stables, and golf.
Road Frontage	Select up to three road types/descriptions.
Lakes & Rivers	* Choose one or none. * By choosing a water body, the Distance field and Water Amenities become required.
Road Surface	Select up to three road surfaces ranging from dirt to paved.
Distance to Lake / River	Required if a Lake or River selected
Lake / Water Amenities	Conditionally required when selecting a Lake or River.
Listing Comments
Public Remarks	Guidelines - Public Remarks Rules - Fair Housing Word and Phrase List
REALTOR Remarks	Guidelines - REALTOR (Broker) Remarks Rules
* Directions	Enter valid directions to property. Do not say 'See mapping', 'Call [agent or office] at [phone]', or 'See [web site]'. Instead, offer a starting point or intersection then proceed with directions to the property. Example: from 41st/ Garnett in Tulsa, go South two blocks turning Left (East) on the first road (43rd St). Property is the second building on the left (North). Park behind the building to enter.
Broker Defined
User 1, User 2, User 3	* Suggested uses: record tour and open house dates for office. * Exclude sensitive or confidential information not intended outside the listing office.
Signatures
Seller and Broker Sign and Date	Seller/owners along with the broker or broker's representative area to sign.