Do you feel like your board of directors and key staff are out of touch with what’s really happening in the real estate industry today? Do you feel a bit isolated and curious if other organizations are facing the same challenges you are? Is your team suffering from stifled and cumbersome decision-making?
Here’s what can happen when organizations fall out of touch: decisions seem difficult or controversial, causing delays for the organization and leaving it to fall behind or lose their competitive advantage. Instead of proactively responding to the WAVes of Change in our industry, organizations can be torn apart by the jaws of defeat.
MLSs and Boards that do not stay on top of trends can enforce outdated rules and regulations that hinder member success. They can make decisions in isolation of the needs of home buyers and sellers, weakening the relationship of their members with the buying public.
When WAV Group conducts strategic plans, we often hear from brokers and board members that their organization is out of touch with today’s reality. Worst of all, a board of directors may not even know they are out of touch because they do not prioritize outreach beyond their local community. Monitoring the current movement of the real estate industry provides companies with the crucial knowledge they need to plan accordingly, but many organizations are unwilling to burden the costs of sending multiple team members to conferences around the country.
How do you get your board in touch?
You can, of course, pay thousands of dollars for several of your board members to attend industry events. Many of these events, while typically structured around advertisers, can be very valuable for the content presented during panels, networking, and peer-to-peer learning. The CMLS conference and the AEI conference are two great opportunities for MLSs and Associations to get in touch.
WAV Group offers another method for staying in touch with trends and learning from progressive MLSs and Associations around North America. We call it the WAVes of Change™ Series. Through best practice development, research development, and close collaboration with leading real estate companies we deliver a quarterly review of the most significant industry trends. This exciting online program keeps every one of your board members and department heads up-to-date on the ever-changing trends in our business WITHOUT the costly travel.
This quarterly live webinar includes exclusive, early looks at WAV Group research as well as insight from industry experts about technology trends, winning breakthrough growth strategies, ever-changing consumers needs, emerging, effective marketing methods and broker/agent issues. We will discuss the key threats and opportunities that face our industry today helping everyone to find new ways to improve the relevance of their organization and ensure its long-term viability.
The WAVes of Change™ series will also encourage participating organizations that share their best practices and breakthrough programs, enabling all of us to learn from the best!
Act Now Before It’s Too Late
As we move to the last half of 2019 now is the ideal time to reflect on the best ways to help prepare your organization for the inevitable evolutions and revolutions we will experience during the rest of the year.
Email us at marilyn@wavgroup.com or call us at (805) 748-9118 and we’ll be happy to tell you more about this exciting program.
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