What Real Estate Needs To Know About Cryptocurrency Like Bitcoin

As a real estate broker or MLS executive who is reading headlines like “Man Buys Texas Estate with Bitcoin,” you may be scratching your head to understand what this stuff is all about. Here is a primer that may help you to understand it. First of all, a cryptocurrency is a digital currency. It is not a coin or a bill. It is not backed by any nation’s treasury. It has a theoretical value that can be used for the exchange of goods and services. Bitcoin is only one of the digital currencies. There are many. In fact, anyone can [...]

By |2018-01-08T11:35:48-08:00January 8th, 2018|Cyber, Main category|4 Comments

RESO Has a REALLY BRIGHT Future with its New Board of Directors!

Heading to the holidays it warms my heart to think of the amazing progress that RESO has made in 2017.  In just two years, membership has increased 500% from 125 to more than 750 members!   Every conference sells out and enjoy great satisfaction ratings from members!  And finally, 95% of MLSs have now adopted the RESO Data Dictionary and well over half of the industry has been certified on the RESO Web API! Broker membership has increased significantly – RESO Broker members now represent over 900,000 agents. Just about every large brand is a member now – Realogy and all [...]

By |2017-12-20T10:57:30-08:00December 20th, 2017|Main category|Comments Off on RESO Has a REALLY BRIGHT Future with its New Board of Directors!

IRES and Pikes Peak Launch Data Share Using RPR View™

Realtors Property Resource® (RPR) offers a feature called RPR View™ which is now the largest MLS data share in the U.S.  Since its initial Residential Platform launch in 2010, MLSs licensing their information to RPR have a choice to display their active and sold records “only to their subscribers,” or to a wider audience like “statewide,” or “all REALTORS® nationwide.” MLSs can also selectively opt into sharing with specific markets. All 1.2 million REALTORS® have access to RPR and over 700,000 REALTORS® have accounts.  RPR also has over 665 licenses with MLSs and Associations, with the majority having a policy [...]

Inside Real Estate Acquires BrokerSumo

WAV Group would like to congratulate Inside Real Estate and BrokerSumo. Inside Real Estate acquired BrokerSumo in an all cash transaction today. Both real estate technology firms are clients of both WAV Group and RE Technology. WAV Group is highly impressed by the quality of the Inside Real Estate core product, kvCORE. Inside Real Estate acquired Kunversion last year and has expanded the platform beyond team to a full broker suite. The kvCORE platform includes agent and broker lead generation websites, smart CRM, transaction management, an application marketplace, and integrations into many of the most popular applications in the industry. [...]

By |2018-08-11T03:54:41-07:00December 14th, 2017|Main category|Comments Off on Inside Real Estate Acquires BrokerSumo

HAR Continues Success With Effective Consumer eMail Campaigns

The Houston Association of REALTORS® has long held the honor of celebrating success at the top of the MLS consumer facing website leaderboard. WAV Group has referenced this center of excellence in countless writings, research reports, and planning sessions. We turn once again to this well operated company to exhibit an example of how they are continuing to progress. One of the keynotes of driving consumer engagement is through email marketing campaigns. Today, RealInsights (the name of the HAR newsletter) is sent to an opt-in list of 800,000 consumers every two weeks! That is a vast consumer reach to promote [...]

By |2017-12-13T13:14:02-08:00December 13th, 2017|Broker Public Portal, Main category, MLS Insights, Product Management|Comments Off on HAR Continues Success With Effective Consumer eMail Campaigns

Jason Sanchez promoted to CEO of GEPAR

I am SO happy to announce that Jason Sanchez has been promoted to CEO of the Greater El Paso Association of REALTORS(R). We have worked with Jason for years. He is one on the most progressive and thoughtful leaders I have met in our industry. He has a humility blended with a passion for our industry that makes him a GREAT leader! I absolutely can't wait to see how GEPAR will continue to evolve with his Jason's energy! We will miss Sharron Ramirez too. She is an amazing leader and has done a great job of developing her team to [...]

By |2017-12-13T13:00:10-08:00December 13th, 2017|Main category|1 Comment

Study Says Longer Tweets are Better

Twitter for real estate is a curious strategy. There was quite a bit of discussion about Twitter in some of the Facebook groups that I am in. #thatsfunny. In all seriousness, when WAV Group evaluates the effectiveness of social media marketing and advertising (those are two different things), the numbers prove out that Facebook is far more effective in every matrix of reporting. The data suggests that Facebook is core, Twitter is niche. If you do market on Twitter as part of your surround sound system, you likely already know that Twitter extended the number of characters from the old [...]

By |2017-12-13T09:00:10-08:00December 13th, 2017|Broker Technology Research, Main category, Marketing, Strategic Planning, Suveys and Research, Twitter for Real Estate|Comments Off on Study Says Longer Tweets are Better

Holiday Lights Obsession, Explained

No, my house has not been featured on “The Great Christmas Light Fight.” My thousands of lights are neither programmed nor synchronized to holiday music. The International Space Station can’t see my Bainbridge Island, Washington home from orbit. I am just a guy who every year, for the last 20-plus years, has found the time to squeeze in dozens of hours to brighten our home for the holidays. From climbing ladders and walking on our high-pitched (formerly wood-shake) rooftop, to donning lights, stars and a blazingly bright cross made by our then 8-year old son and his granddad, to blanketing [...]

By |2017-12-12T17:00:54-08:00December 12th, 2017|Main category|Comments Off on Holiday Lights Obsession, Explained

One Simple Tip for MLSs to Take Credit for Their Lead Generation Power!

This year I am proud to say that through our member satisfaction survey efforts with our MLS partners we have been able to survey over 250,000 real estate agents and brokers. We have learned a lot about where the real perceived value of an MLS is derived. While many respondents are very satisfied with the technologies, training and support offered by their local MLS, few appreciate or even understand the marketing power that a multiple listing service delivers to them. Just think about it, MLSs offer a myriad of ways to help brokers succeed and yet get VERY LITTLE credit [...]

By |2017-12-12T08:00:39-08:00December 12th, 2017|Main category|Comments Off on One Simple Tip for MLSs to Take Credit for Their Lead Generation Power!

FBS and ARMLS: 10 years done, more to come

When you are a technology provider and can say you've had a client for more than a decade, you've really have achieved something remarkable. FBS has been providing its Flexmls software to ARMLS, the largest MLS in Arizona, and its more than 38,000 subscribers for the last decade. When you also announce you've just signed a new multi-year contract extension with that same client, you've achieved something exceptional. That's the news from Fargo, North Dakota today and Michael Wurzer, CEO of FBS, Creators of Flexmls. According to their news release, what has made the relationship long-lasting is leadership that are [...]

By |2017-12-11T13:14:52-08:00December 11th, 2017|Main category|Comments Off on FBS and ARMLS: 10 years done, more to come

FBS Acquires Solid Earth

If 2018 does indeed turn out to be “The Year of Consolidation” in the MLS world, then the stage was set today in the MLS technology world by FBS. One of the most respected and innovative tech firms serving the real estate industry just helped with the consolidation trend. Michael Wurzer, who heads up FBS, creators of Flexmls System and the API that started it all (Spark Platform), announced today the acquisition of Solid Earth’s Spring software platform and the hiring of the Spring team, including its CEO Matt Fowler. This marks FBS first acquisition. Ever. Considering the company was [...]

By |2017-12-04T07:05:02-08:00December 4th, 2017|Clients, Main category, MLS Insights, Press Releases, Technology|Comments Off on FBS Acquires Solid Earth

Associations Rethink Forms Licensing Policy

If you were in the real estate business before the days of email, you may recall the experience of driving to the local Board of REALTORS® to pick up a forms packet for a transaction. Alternatively, your brokerage may have had a forms file with every type of printed form that you might need. Simply stated, forms were printed until pioneering State Associations of REALTORS® learned to share them electronically. Today, electronic forms management is a member benefit for all Realtors® as a member benefit of The National Association of REALTORS® (NAR). When Realtor Associations learned about this policy and [...]

By |2017-11-29T20:02:42-08:00November 29th, 2017|Main category|1 Comment