Using Data, Not Just Opinions, to Demonstrate MLS Excellence for Consolidation Discussions

As MLSs across the country consider consolidation to strengthen their services and expand their reach, it is critical to provide tangible evidence of excellence in service delivery. The WAV Group Customer Index Survey offers a powerful tool for MLS leadership looking to showcase their strengths in technology, support, training, responsiveness, and data quality. For an MLS considering a merger or partnership, leveraging the survey results can build confidence and demonstrate your ability to deliver exceptional MLS services.

By |2025-03-04T10:30:38-08:00March 3rd, 2025|Data-Driven Culture, MLS, MLS Insights|Comments Off on Using Data, Not Just Opinions, to Demonstrate MLS Excellence for Consolidation Discussions

MLS Front End of Choice is Not What You Think It Is

If you are considering a change to how you manage listings, prioritizing compliance to maintain listing accuracy and prevent MLS rules violations is essential.

By |2025-02-24T11:36:16-08:00February 24th, 2025|Data-Driven Culture, MLS Insights, Real Estate Technology|Comments Off on MLS Front End of Choice is Not What You Think It Is

MLS Data as an Asset: The Power of Quality Information in Real Estate

In the real estate industry, MLS data serves as a critical resource, but full value depends on the quality of the information it contains.

By |2024-10-30T14:26:07-07:00November 4th, 2024|Data-Driven Culture, MLS Insights|Comments Off on MLS Data as an Asset: The Power of Quality Information in Real Estate

The CFPB Needs to Address Consumer Home Value Estimates

From the very beginning of consumer access to home value estimates, WAV Group has echoed concerns about the damage of such a complex and unregulated data point being shared with homeowners. In the housing finance industry, home value estimates are called Automated Valuation Models or AVMs. The models are more of an art than a science - whereby economists handpick a series of data points that get mashed up into an algorithm.  Below is a snapshot of my Homebot valuation, which prompted me to look at other AVMs to compare and contrast the results. The highest valuation was the Zillow [...]

By |2024-08-23T13:13:19-07:00August 28th, 2024|Data-Driven Culture|Comments Off on The CFPB Needs to Address Consumer Home Value Estimates

MLSs Not Endeavoring to Protect Broker Listings are in Copyright Breach

Because the MLS licenses the data from the broker, they must uphold their side of the bargain.

By |2024-06-09T23:33:59-07:00June 10th, 2024|Broker Information, Data-Driven Culture, MLS Insights|Comments Off on MLSs Not Endeavoring to Protect Broker Listings are in Copyright Breach

Aidentified Adds Search Filter for Move Date

Aidentified is a contact management enhancement tool that allows you to monitor your customer base for any changes, append customer records with missing address, phone, email, and household member information, and find new customers. Companies like Aidentified that tie BIG Data to your data using AI are seeing dramatic adoption. 

By |2023-08-09T11:59:10-07:00August 11th, 2023|Artificial Intelligence, CRM, Data-Driven Culture|1 Comment

Data Sharing Done Differently with Trestle and RESO

If you are considering a data share, we hope you find inspiration from WARDEX. WARDEX has positioned itself for data sharing to resolve the problems of overlapping market disorder.

By |2023-08-14T13:32:54-07:00August 7th, 2023|Data-Driven Culture, IDX, MLS Insights, Real Estate Technology|Comments Off on Data Sharing Done Differently with Trestle and RESO

Real Estate Needs to Step Up Engagement with Fannie and Freddie

With half of the mortgages going to these Government Sponsored Entities (GSEs), there is an opportunity for Realtors® to be part of the solution. One of the leaders in working with realtors to collect data for GSEs is Clear Capital. They have partnered with CoreLogic to assist with the creation of more modern valuation and appraisal workflows.

By |2023-05-09T16:28:11-07:00May 3rd, 2023|Data-Driven Culture, Mortgage, Real Estate Technology|Comments Off on Real Estate Needs to Step Up Engagement with Fannie and Freddie

Two Midwest MLSs Launch IntraMatrix Data Share

CoreLogic has created a data sharing application that allows Matrix customers to add a tab in Matrix that opens a read-only-view session in another Matrix powered MLS. Northwestern Wisconsin MLS and adjacent NorthstarMLS are among the first MLSs to use the data sharing feature.

By |2023-03-15T17:55:06-07:00March 16th, 2023|Data-Driven Culture, MLS Insights, Real Estate Technology|Comments Off on Two Midwest MLSs Launch IntraMatrix Data Share

Where Will Zillow Go Next?

This week, Zillow announced that Stan Humphries is retiring. He is an economist and the person that some have called the father of the Zestimate. The primary reason we looked at Zillow’s financial history today was in reference to this change in leadership.

By |2022-10-24T18:03:33-07:00October 21st, 2022|Broker Information, Data-Driven Culture, Industry Observations, News|Comments Off on Where Will Zillow Go Next?

Big Data Solves the Lead Quality and CRM Problems in Real Estate

Last week, WAV Group was given an update from Darr Aley, co-Founder of Aidentified to gain an understanding about the status of big data and mashups. Aidentified’s identity graph combines consumer data and professional date, and adds a relationship mapping cloud along with events.

By |2022-05-16T18:25:12-07:00May 17th, 2022|Artificial Intelligence, CRM, Data-Driven Culture, Real Estate Technology|Comments Off on Big Data Solves the Lead Quality and CRM Problems in Real Estate