Is Zillow A Great Broker?

Zillow is not a broker. Well, technically they are registered as a brokerage in many states and hold brokerage licenses, but they do not market themselves as a brokerage. The point is that they provide a lot of broker-like support for agents that are noteworthy and remarkable. There are plenty of brokers who can take a page out of their book and improve their business. Specifically, brokers can learn from the way that Zillow provides technology tools and communicates and trains agents. Wth the acquisition of of a transaction management solution they complete a broker-like set that includes agent websites [...]

Learning from chickens: Are agents putting their leads in someone else’s incubator?

Who's incubating your eggs? I recently read an article about today’s modern poultry business. I was struck at the parallels between the real estate business and the poultry business and how both industries have changed with new technologies and automation. I was most fascinated to learn that the behavior of hens has changed with automated egg incubators: Hens have learned that they no longer need to lie on their eggs to incubate them, so they don't. This means that the modern day value of the industrial hen has been reduced only to its ability to produce eggs, not to incubate [...]

By |2018-05-03T21:23:38-07:00July 23rd, 2015|Broker-Agent Information, Main category|3 Comments

Respond to the Threats That may Kill Off Your Business

NAR has launched a new program called the D.A.N.G.E.R. report. The goal of the interactive program is to help every brokerage, MLS and Association think through some fundamental threats and changes that may be coming to our industry.  The program is well put together and brings up some significant issues that may change the game of real estate forever. WAV Group has a suggested path for Brokers, Associations and MLSs to follow to get the most out of this important NAR program. Have your leaders read the entire Danger Survey for all segments of real estate - First and foremost, make [...]

By |2018-05-03T21:23:38-07:00July 23rd, 2015|Main category, Our Services|1 Comment

Listing ownership: Whose grass is it anyways?

“Who owns the listing?” appears to be a never-ending debate in real estate, despite a recent court case that certified the broker owns the listing and the MLS can protect it. Somehow there remains this belief among some incredibly intelligent people in the industry that real estate agents do the work, so they own the listing content. They do not. This has never been the case, and unless an agent becomes a broker/owner, it never will be. A listing was, is and will be owned by the broker/owner and not the agent. Whose grass is it? Think about your grass.  [...]

By |2018-05-03T21:23:38-07:00July 23rd, 2015|Broker-Agent Information, Main category|Comments Off on Listing ownership: Whose grass is it anyways?

Broker Public Portal Selects 1000watt as Brand and Creative Agency

Partnership set to move historic project forward with strong identity and message Arroyo Grande, CA – July 23th, 2015 – The Broker Public Portal Project, a partnership between real estate brokerage firms and MLSs across the country aimed at creating a better, simpler digital home search for consumers, has selected 1000watt as the agency that will create the “BPP” brand identity and message. The BPP project has attracted widespread support from a nearly equal combination of 100 brokers and MLS representing about 750,000 agents. “We are genuinely excited to be moving forward with a strong and respected creative partner like [...]

By |2018-05-03T21:23:38-07:00July 22nd, 2015|Main category, Press Releases|Comments Off on Broker Public Portal Selects 1000watt as Brand and Creative Agency

Homes.com and RE/MAX, LLC Expand Technology Agreement

Norfolk, Virginia (July 21, 2015) – Homes.com and RE/MAX, LLC (NYSE: RMAX) are renewing and expanding their long-standing technology and advertising agreement. RE/MAX has selected Homes.com to power the remax.com website and the RE/MAX suite of mobile applications through 2017, extending the relationship that began in 2005. “We’re thrilled that RE/MAX has once again selected Homes.com to power the most important elements of their online marketing efforts,” said David Mele, president of Homes.com. “We offer RE/MAX and its Affiliates a unique approach, combining our innovative technology services with our vast consumer reach. Together, we are leveraging the audiences of Homes.com [...]

By |2018-05-03T21:23:38-07:00July 21st, 2015|Main category, Press Releases|Comments Off on Homes.com and RE/MAX, LLC Expand Technology Agreement

Staff Promotions Announced at NTREIS, Inc

July 17, 2015 - NTREIS, Inc., the multiple listing service for over 27,000 licensees serving the North Texas Real Estate community, recently announced two internal staff promotions. David Blake has been promoted to Chief Technology Officer and Cindy Miller now serves as Chief Operations Officer for the corporation. As CTO, David is responsible for developing the overall technology vision for the company as well as maintaining systems. David brings 20 years of networking, hardware and application development and has a Bachelor’s degree in Business Administration. David has served the last 8 years as NTREIS Senior Network Administrator and has been [...]

By |2018-05-03T21:23:38-07:00July 20th, 2015|Main category, Press Releases|Comments Off on Staff Promotions Announced at NTREIS, Inc

Patrick Arkeveld Appointed New Company President at Lone Wolf Real Estate Technologies

CAMBRIDGE, ONTARIO (JULY 16, 2015) - Lone Wolf Real Estate Technologies Inc. (“Lone Wolf”), the North American leader in residential real estate software, has appointed Patrick Arkeveld to the position of President, effective July 13, 2015. “I’m excited to welcome Patrick to the Lone Wolf family,” says Lorne C. Wallace, CEO of Lone Wolf. “We’ve experienced a significant amount of growth over the past several years and we’re looking forward to continuing that momentum with the guidance and support of our new President. Patrick’s experience and knowledge of operational growth for mid-sized technology companies is a huge asset to Lone [...]

By |2018-05-03T21:23:39-07:00July 16th, 2015|Main category, Press Releases|Comments Off on Patrick Arkeveld Appointed New Company President at Lone Wolf Real Estate Technologies

Broker Public Portal Retains Larson Skinner PLLC

Arroyo Grande, CA – July 14th, 2015 – The Broker Public Portal (BPP) today announced that it has retained the Minneapolis law firm of Larson Skinner PLLC to assist in developing a broker-friendly and MLS-friendly content license agreement for BPP’s projects. BPP continues its progress to bring a national MLS consumer-facing website to market.  As with any other portal, multiple listing services that will be participating in the Broker Public Portal will need to enter into data license agreements that allow MLS-participant listing information to be displayed on the site. One of the founding covenants of the Broker Public Portal [...]

By |2018-05-03T21:23:39-07:00July 14th, 2015|Main category, Press Releases|Comments Off on Broker Public Portal Retains Larson Skinner PLLC

FREE Webinar Tomorrow: Building & Managing Relationships that Fuel Business

Does finding information in your database become more of a chore with each passing day? If so, you’re not alone! Between new business, existing business, past business and referrals, your database can quickly grow out of hand and become unmanageable. Even though every client is unique, when you narrow it down, you have three key relationship types to manage at any given time: New Leads/Prospects, Current Clients and Past Clients/Referrals. How you manage these relationships is the key! On Wednesday July 15th at 10 am pacific/1pm eastern, WAV Group founding partner Victor Lund will talk with three top producing agents about [...]

By |2018-05-03T21:23:39-07:00July 14th, 2015|Main category, Our Services|Comments Off on FREE Webinar Tomorrow: Building & Managing Relationships that Fuel Business

Who Will Install The Giant Rats of Real Estate?

If you visit New York City regularly, you will sometimes encounter a giant inflatable rat on the sidewalk outside businesses experiencing union disputes. Organized labor has also joined in the fight against companies like Airbnb and Uber. Ken Jenny of Trancen often remarks that: “with Airbnb, you have one of the largest hotel companies in the world who does not own a single hotel room. With Uber, you have the largest taxi cab company in the world who does not own a single taxi.” I would add that Facebook has become the largest publisher in the world and they do [...]

By |2018-05-03T21:23:39-07:00July 10th, 2015|Main category|1 Comment

CoreLogic to Launch Trestle for RESO Compliance and Data Distribution

MLSs and their vendors are staring down the barrel of the NAR requirement to become compliant with the RESO RETS Standard. Only 4 MLSs are currently certified, 764 to go. It’s really a double barrel, as MLSs are also adjusting to Listhub’s loss of syndication service to some leading portals. MLS vendors like Corelogic, FlexMLS, Rapattoni, Black Knight Financial, and the others are head-down developing solutions and launch plans to help their clients meet the December 31st, 2015 deadline - looming a short 6 months away. The deadline has created an eerie silence that makes me wonder how many MLSs [...]

By |2018-05-03T21:23:39-07:00July 8th, 2015|Main category|1 Comment