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Redfin has converted to the Constellation1 data aggregation service. The two companies have been collaborating on the transition in stealth mode. The Constellation1 managed MLS data is now live on Redfin.com. If you are an MLS providing data services to Redfin and have not gotten a new three-party data application, you probably will soon.
WAV Group would like to congratulate BHHS and Constellation1 on the announcement of their agreement with Constellation1 to aggregate property data for the international consumer website for the nation’s largest brokerage.
A new war over data management has broken out among America’s largest technology firms, and no clear winner is in sight. To begin, it may be best to level set around what data aggregation is. For brokerage firms or technology companies that leverage MLS data in software, they are pulling MLS data feeds. When you are pulling more than one feed, you are aggregating MLS data. Brokerage firms and software companies that have hired WAV Group to streamline their data aggregation systems know that we have always focused on the three leading firms that have been aggregating MLS data for [...]
Gone are the days when decisions can be made over months and even years. To compete effectively against the smart capital entering real estate, MLSs need to learn how to think and act like a technology company. They need to make well-informed decisions quickly with the help of technology innovators that know what it takes to deliver technology that REALTORS® value.
Google continues to enhance the tools available with a G-Suite subscription. My eyebrows frown when I learn an organization’s Marketing or Operation teams are not taking advantage of one of the Business Intelligence (BI) tools like Google Data Studio. Last week, the Data Studio team just released a bunch of new enhancements and training for their G-Suite customers.
The smartest technology companies and most progressive MLSs are leading our industry to a new era of efficiency and profitability. They are making it easy for start-ups to expand quickly from market to market and serve the innovation needs of brokers. These leaders are supporting well-established companies to evolve their data platforms and opening the door for standardization in EVERY market in the country.
In an announcement made to their membership, Leading Real Estate Companies of the World® (LeadingRE) have entered into a definitive agreement with MoxiWorks® to provide LeadingRE Cloud™ to their 565+ brokerage members. The solution is called LeadingRE Cloud. Franchises and networks like LeadingRE have been providing data services for their brokers over decades. No doubt, the most notorious version is the legacy CREST system at Realogy Holdings Corporation®. Keller Williams® CEO, Gary Keller has kicked off a Billion dollar investment in technology. RE/MAX® is in a process to buy a company or outsource to a vendor. Berkshire Hathaway Home Services® has [...]
Real Estate Agents and Brokers have long been subjected to unfair competition from thrid party listing websites that are able to aggregate listing data across multiple MLS markets. The rules for displaying MLS listings on Agent and Broker websites require the Agent or Broker to be a member of each MLS to acquire the IDX data feed. Progressive thinking among Brokers and MLSs along the Southeastern Seaboard of America led to the creation of the Carolina Data Share or CDS. This service paves the way for a member of any of the participating MLS to enjoy data from all of the [...]
Stay ahead of the competition with cutting-edge real estate technology with WAV Group’s 2024 Brokerage Technology Roadmap. In our first report of a comprehensive four-part series, we map out the essential website tools needed for brokerages to compete effectively against industry giants and technology-driven firms. Discover the key components, including parcel-centric databases, MLS VOW, data aggregation, Elasticsearch for enhanced property searches, and a strategic website topology strategy. Gain actionable insights to propel your brokerage forward in 2024 & beyond.
As the real estate industry continues to evolve at a rapid pace, brokerages face the challenge of staying competitive in a landscape dominated by well-funded search portals and technology-driven firms. To help navigate this complex terrain, the WAV Group is releasing its 2024 Brokerage Technology Roadmap, offering invaluable insights for brokerages and their technology partners. In the inaugural report of this four-part series, we delve into the crucial realm of website technology – a cornerstone of modern real estate operations. Here, we identify four essential components that are instrumental in equipping brokerages to thrive amidst fierce competition:
By Kevin Hawkins with Korey Hawkins | Vol. 2 Post 2 Real AI is a 100% human-created weekly roundup of all things AI in real estate and emerging AI innovations in other sectors likely to impact real estate, posting a new edition every Friday. No PR? AI will make you a ghost While using generative AI, Victor Lund, Founding Partner at WAV Group, uncovered a new vital reason why public relations (PR) is essential for every firm, product, and service. His prompt requested AI to create information on firms that offer MLSs rev share for data aggregation and distribution. Granted, [...]
This BoomTown acquisition by Inside Real Estate will find two groups of great people coming together and expanding on a shared mission of brokerage profitability in the best possible way.
