New MLS Trend: IntraMatrix Bringing Florida and California MLSs Together – Link Up
MLSs continue to focus on delivering services that matter most to their participants and subscribers.
REAL AI: AI tech must stop overpromising and underdelivering, AI fights the laws, facts, headlines and AI Quote of the Week
By Kevin Hawkins with Korey Hawkins | Vol. 2 Post 26 REAL AI is a human-created weekly roundup of all things AI in real estate and emerging AI innovations in other sectors likely to impact real estate. We post a new edition every Friday, and our free newsletter is delivered every Monday. AI tech must stop overpromising and underdelivering The AI hype machine has been feeling like a runaway train lately. Fortunately, a few folks are opting to take the emergency break to slow things down. Let's look at a few examples: ChatGPT pauses voice features OpenAI first announced its [...]
Why are we not treating MLSs as the Technology Companies they are?
Approximately 75% of MLSs are owned by Associations today. With the history of being launched as a for profit arm of trade associations, MLSs naturally adopted the governance models and board make-up of their parent companies. Here’s why I believe that approach is no longer valid.
Maybe Fixed Price Prevails over Percentage for Buyers Agents After August
The saddest part about the buyer commission litigation is that the new standard is no better than the old.
REsides is Second Privately Owned MLS to Opt Out of NAR Settlement
A second privately owned MLS has opted out of the NAR Anti-Trust Settlement stating that their rules were always more transparent than the standard NAR rules. A truly broker-centric, independent MLS, Resides.io MLS in Hilton Head, South Carolina is launching an inclusive concessions field and options for brokers to upload listing and buyers broker agreements. The organization is also building forms to make it easier for brokers to adapt to the new changes removing compensation as one of the center points of an MLS.
A New Era of MLS Mergers and Acquisitions Arrives
There is very little clarity today about the fast spreading news that Realtor Association shareholders of RE Colorado have given notice that they intend to sell their shares of the MLS to a private equity firm. The Realtor Associations want out of their investment, and it doesn't really matter why. To date no MLS has ever been sold to private equity investors. Some MLSs have been sold outright to fellow Associations and MLS, but to our knowledge, we never seen private equity enter this space until now. This could set off a wave of transactions if private equity starts to pay attention to the profitable business models of Multiple Listing Services.
Collabra Technology joins the CoreLogic® Real Estate Alliance Network
Since Homesnap was sunsetted, agents have missed the ability to seamlessly promote their listings directly from the MLS. Now with this new partnership between Corelogic and Collabra, users of MLS-Touch and Matrix will be able to promote their listings via digital advertising with one click right from inside two of their core tools. As days on market have started to increase and buyers are being more selective, the need to generate listing attention is ever greater. For Corelogic users, they will now have a seamless way to give their listings social media exposure without the cumbersome process of exporting their listing out of the MLS and into another system. Great addition to the Corelogic Alliance Network in my view.
Homeowner AI Launches My Home and I love It
This is where I can really personalize the systems in my home so that I can remember the service that is required for each.
REAL AI: Update on AI in real estate from NAREE, facts, headlines and Quote of the Week
By Kevin Hawkins with Korey Hawkins | Vol. 2 Post 25 REAL AI is a human-created weekly roundup of all things AI in real estate and emerging AI innovations in other sectors likely to impact real estate. We post a new edition every Friday, and our free newsletter is delivered every Monday. Update on AI in real estate from NAREE This week at the National Association of Real Estate Editors (naree.org), Jason Hidalgo of the Reno Gazette-Journal hosted a panel discussion on “Nearing the Inflection Point: Artificial Intelligence and Housing.” Featured panelists included Zillow AI expert Ondrej Linda; Tech-pert Glenn [...]
Inside Real Estate Launches New Brand BoldTrail for Their Product Portfolio
Today, they announce that their kvCORE, BrokerSumo, BrokerMint, and AmpStats brands will evolve into one cohesive brand and one cohesive technology solution.
A Step Beyond Brad Inman’s Opinion of AI in Real Estate
The greatest journalist in real estate history is probably Brad Inman. He wields the proverbial pen like a master, blending conversations from sources with his experience and wit. This week, he took a swing at the future of AI in real estate. His analysis is impressive, but I think he missed one very important consideration.
REAL AI: Will it be the Apple of your AI, Apple Intelligence could be the AI game-changer, facts, headlines and Quote of the Week
By Kevin Hawkins with Korey Hawkins | Vol. 2 Post 24 REAL AI is a human-created weekly roundup of all things AI in real estate and emerging AI innovations in other sectors likely to impact real estate. We post a new edition every Friday, and our free newsletter is delivered every Monday. Will it be the Apple of your AI? As we predicted two weeks ago, the tech world (and Wall Street) was abuzz this week about Apple's AI-related announcements at its developer conference. Our take: most press reports were off the mark, lamenting how Apple is playing “catch up” when it [...]