Download – A deeper look at data from the WAV Group 2011 MLS Technology Survey From September 23, 2011 to October 21, 2011 WAV Group fielded the WAV Group 2011 MLS Technology Survey to participating MLSs.  66 MLSs, representing 33 different states and provinces participated in the survey at both staff and user level. 10,779 individual participants filled out the survey completely making it the largest survey of its kind.  At the conclusion of the 2011 survey, WAV Group published the 2011 MLS Technology Survey Executive Summary providing the rolled up results as well as some interesting statistics.   We highlighted [...]

The data we use in the real estate industry to understand market trends and to help buyers and sellers in their real estate transactions is largely historic.  Another way to look at that, is, it is dated, old news.  We have real estate markets today that are changing very quickly. Changes may be driven by high numbers of distressed property sales, REOs, short sales, and foreclosures etc. or normal market activity but the results are the same. Much of the real market activity in the form of offers is currently invisible.  This means there may be a huge amount of [...]

We recently received an interesting white paper/article from the CEO of the CTMLS, Cameron Paine, on the rationale for creating a national MLS consumer website.  Cameron raises some very interesting ideas in his paper which you can read in its entirety on this post.  This article highlights something WAV Group brings up at every strategic planning meeting and every conference we attend…we spend too much time in our industry working against each rather than cooperating.  Separate agendas are being pushed at every level from national to state to local.  There is an urgent need for our industry to work together [...]

Keys to Technology Adoption in 2011 Anybody that understands our industry knows the average broker and agent hate to change the way they do things.  The idea of change creates questions and insecurity.  We all get comfortable with our old familiar ways.  The idea of having to learn something new, like a new technology, is not very attractive.  “If it ain’t broke why fix it”, as the saying goes. But what if it is broke?  Or, what if there are just really much better ways to do things or technologies that really do improve our business?  How do we get [...]