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Freddie Mac reminds us to check our websites

In a rather embarrassing episode of Freddie Mac’s history, we all can learn a little about checking our websites. Freddie Mac finally fixed an online calculator that’s supposed to help people choose between renting and buying a home. Until now, the calculator had a fundamental (and revealing) flaw: It assumed home prices could never fall. Jacob Kosoff, an economist who was responsible for the calculator when he worked at Freddie Mac apologized. “I’m sorry that I didn’t send an e-mail or work a little harder to get that fixed so the calculator can allow for the possibility of reality,” The reality that housing prices sometimes decline. [...]

By |2018-05-03T21:25:56-07:00December 15th, 2010|Main category|Comments Off on Freddie Mac reminds us to check our websites

First American chosen as one of the top 50 Happiest Places to Work in America

First American Title was chosen as one of the top 50 Happiest Places to Work in the United States according to the CareerBlss’ Top 50 in 2011. They are the only company in the real estate industry to make the list sharing the honors with prestigious and innovative companies like Google, 3M, Johnson & Johnson and The Walt Disney Company. First American Title ranked 20th on the list. CareerBliss, an online career-guidance tool, used more than 91,000 confidential employee reviews to evaluate companies based on opportunities for growth, compensation, benefits, work-life balance, career advancement, senior management, job security and whether [...]

By |2018-05-03T21:25:56-07:00December 13th, 2010|Main category|Comments Off on First American chosen as one of the top 50 Happiest Places to Work in America

WAV Group Property Indexing White Paper

WAV Group is proud to release this property indexing white paper to explain NAR’s policy on indexing listings. The paper provides an overview of indexing, the process used by search engines to catalog information on the internet. Click the image to download the paper for free. In order for MLSs to enforce IDX rules and regulations, they must understand indexing. Furthermore, anyone operating an IDX website needs to understand indexing and the advantages that it offers to search engine optimization and online competition. Non-IDX property search websites like Trulia, realtor.com and others have been indexing listings for years, and as [...]

By |2018-05-03T21:25:56-07:00December 12th, 2010|Main category, MLS Insights, Reports, Suveys and Research|Comments Off on WAV Group Property Indexing White Paper

One Broker’s Case Study – Taking Back Control ( part 4 of a 5 part series)

One Broker’s Case Study- Taking Back Control Brokers, large and small, face significant challenges they did not face 20 years ago.  Profit margins have eroded and control over their independent contractors has been minimized.   The consumer has taken on a much more vocal role in the process and is forcing transparency and responsiveness never before experienced.   Some of these challenges are related to technology and the advance of the Internet while others are cultural challenges that have come about through the changing broker/agent relationship.  WAV Group’s new white paper explores the issues behind the broker’s challenge to gain better control and [...]

By |2018-05-03T21:25:56-07:00November 30th, 2010|Broker Technology Research, Broker-Agent Information, Main category|Comments Off on One Broker’s Case Study – Taking Back Control ( part 4 of a 5 part series)

Happy Techsgiving!

Today is a great day for our family!  Back in 2002 we were blessed with the first of our child, Alexandra!  It will forever be a special day for us! Each of us have great things to be thankful for this year….. It hasn’t been an easy year for the real estate industry, but at the end of the day the industry is growing stronger - we’re getting more nimble, we’re doing more with less and we’re learning how to let go of some of our outdated traditions. While to some technology is not something to be celebrated, on this [...]

By |2018-05-03T21:25:56-07:00November 25th, 2010|Main category|Comments Off on Happy Techsgiving!

Move makes a move into Rentals

It is no surprise to anyone in real estate that the rental market has caught fire. Many MLSs are scrambling to expanded offerings to meet the needs of brokers who have focused on growing their property management business to meet demand. “Nobody wants to own a vacant home,” says Amy Gallagher of Century 21 Hometown. “We represent investors in buying rental property, and attract them with our strong property management business - we capture a side or two of the sale, and an ongoing business relationship that lasts years.” One thing that you can always trust consumers to do is vote with [...]

By |2018-05-03T21:25:56-07:00November 23rd, 2010|Broker-Agent Information, Main category, Strategic Planning, Technology Evaluation|Comments Off on Move makes a move into Rentals

Brokerage Technology – Light at the End of the Tunnel – Part 3 of 5

Part 3 of a 5 part series called Broker Technology, an Industry Missing Backbone By WAV Group Brokers, large and small, face significant challenges they did not face 20 years ago.  Profit margins have eroded and control over their independent contractors has been minimized.   The consumer has taken on a much more vocal role in the process and is forcing transparency and responsiveness never before experienced.   Some of these challenges are related to technology and the advance of the Internet while others are cultural challenges that have come about through the changing broker/agent relationship.  WAV Group’s new white paper explores the issues behind the broker’s [...]

By |2018-05-03T21:25:57-07:00November 22nd, 2010|Broker Technology Research, Broker-Agent Information, Main category|Comments Off on Brokerage Technology – Light at the End of the Tunnel – Part 3 of 5

Listhub launches the ScoreCard Magazine

Sundays are for surfing, and one of my favorite places to surf periodically is the ListHub Dashboard. Every real estate broker or MLS who is syndicating listings via Listhub should frequently check into the dash board to stay abreast of changes to Listing Syndication. Listhub does an excellent job of communicating where listings are going; what the terms of use are for each site; detailed information on re-syndication to other sites; data refresh frequency; support response times; and many other interesting facets of online data management. On November 14th, 2010, Listhub launched an online magazine that summarizes each syndication site. It is [...]

By |2018-05-03T21:25:57-07:00November 21st, 2010|Main category, MLS Insights|Comments Off on Listhub launches the ScoreCard Magazine

Victor Lund, WAV Group Partner to Speak at REMS 2010

Victor Lund, partner at WAV Group, is slated to speak at two session for the upcoming REMS 2010 - Real Estate Marketing Summit 2010!  Located in San Diego’s Hotel del Coronado this year’s three day summit is packed with educational seminars and networking opportunities for real estate professionals. This year REMS is providing WAV Group Blog subscribers a significant discount to this event.  Get one day FREE if you register soon! The entire 3 day summit is a $499 program and now you can also get all 3 days for just $149! This is a no obligation program that puts [...]

By |2018-05-03T21:25:57-07:00November 19th, 2010|Main category|Comments Off on Victor Lund, WAV Group Partner to Speak at REMS 2010

Corelogic Infonet Press Release

Corelogic Partner Infonet Reaches 120,000 Users - Secure Data Licensing and Revenue Sharing Program Expands to Oklahoma, Rhode Island- SANTA ANA, Calif., Nov. 18, 2010 - CoreLogic (NYSE: CLGX), a leading provider of information, analytics and business services, today announced that multiple listing services (MLSs) representing a total of 120,000 real estate professionals have joined the Partner InfoNet, with organizations representing another 290,000 real estate agents pending or currently in negotiations.  Several recently signed agreements give CoreLogic comprehensive coverage in both Rhode Island and Oklahoma. “We are very pleased to participate in the Partner InfoNet,” said Al Unser, chief executive [...]

By |2018-05-03T21:25:57-07:00November 18th, 2010|Main category|Comments Off on Corelogic Infonet Press Release

Does your MLS Board of Directors act like a technology company board? Part 1

In many of our conversations with MLSs we hear frustrations expressed about how board meeting discussions dwindle down into minutiae on a regular basis. Instead of talking about how to position the company for the future, the dialog degrades into discussions rehashing a committee recommendation for a small change to the rules and regulations or a $349 line item on the budget. Does this sound familiar?  If so, then there are several changes you might want to consider, but let me focus on just one for this article. When you look around the room at your next MLS board meeting [...]

By |2018-05-03T21:25:57-07:00November 17th, 2010|Main category, MLS Insights|Comments Off on Does your MLS Board of Directors act like a technology company board? Part 1

Sifting Through the Maze of Broker Technology – Part 2 of 5

An Industry Needing Backbone Brokers, large and small, face significant challenges they did not face 20 years ago.  Profit margins have eroded and control over their independent contractors has been minimized.   The consumer has taken on a much more vocal role in the process and is forcing transparency and responsiveness never before experienced.   Some of these challenges are related to technology and the advance of the Internet while others are cultural challenges that have come about through the changing broker/agent relationship.  WAV Group’s new white paper explores the issues behind the broker’s challenge to gain better control and visibility into their [...]

By |2018-05-03T21:25:57-07:00November 16th, 2010|Broker Technology Research, Broker-Agent Information, Main category|Comments Off on Sifting Through the Maze of Broker Technology – Part 2 of 5