Broker Public Portal Inks Deal to Become Homesnap

●     Homesnap will be a national MLS consumer search portal ●     Portal will adhere to Fair Display Guidelines   ROCKVILLE, MD, January 19, 2017 -- Broker Public Portal, LLC and Homesnap, Inc. have executed final agreements to create the National Broker Portal, LLC, a joint venture that is equally owned by the two companies. The parties agreed that the best path to success would be served by forming a mutual partnership with Homesnap providing technology, brand and operational expertise to the new company, rather than composing a vendor agreement. The National Association of REALTORS modified their model MLS policy [...]

By |2018-05-03T21:22:57-07:00January 19th, 2017|Broker Technology Research, MLS Insights, Press Releases|Comments Off on Broker Public Portal Inks Deal to Become Homesnap

Centers of Excellence: CEO Cameron Paine Leads Industry Transformation

Establishing Roots in Real Estate After working as the Director of Marketing & Professional Services at the Naples Board of Realtors in Florida, Paine moved on to the head position at the Bonita Springs-Estero Association, which, at the time, was a small association sandwiched between a megaboard in Fort Myers and another in Naples. As a contiguous market, all three were collaborating on building a jointly-owned and controlled MLS called Sunshine MLS. Uniquely, at the time, the project involved writing and producing MLS software. “It was a very educational experience that really prepared me to understand the critical technology pieces [...]

By |2018-05-03T21:22:57-07:00January 11th, 2017|MLS Insights|Comments Off on Centers of Excellence: CEO Cameron Paine Leads Industry Transformation

RESO Standards Adoption Report

The Real Estate Standards Organization (RESO) has driven the most important data solution for real estate brokers over the past year. With support from the National Association of REALTORS®, all NAR® affiliated MLSs (think association-owned) are required to adopt the RESO standard for MLS data. This change compelled CoreLogic®, the nation’s largest MLS provider to make the changes to the MLS data feeds. Zillow Group also jumped into the mix with the acquisition of Bridge Interactive to complement RETSLY. But firms went further, and it‘s good for brokers. Prior to the NAR mandate to adopt RESO data dictionary, every MLS [...]

By |2018-05-03T21:22:57-07:00January 11th, 2017|Broker-Agent Information, MLS Insights|Comments Off on RESO Standards Adoption Report

About MLS Client Portals

This afternoon I was able to enjoy a delightful conversation between two very bright, very experienced real estate CEOs – Greg Robertson of W&R Studios – makers of CloudCMA and CloudStreams, and Michael Wurzer, CEO FBS Data Systems, makers of FlexMLS (America’s second largest MLS vendor). The discussion centered on speed, design, delivery, among other things. It all went down on Twitter. If you love real estate technology - @gregrobertson and @mwurzer are must follows. Bigger Considerations? Stakeholders in the MLS client portal services are a combination of broker interests, agent interests, and by extension a consumer interest. I wonder [...]

By |2018-05-03T21:22:57-07:00January 10th, 2017|Broker Technology Research, Broker-Agent Information, MLS Insights, Twitter for Real Estate|Comments Off on About MLS Client Portals

Send Your Techies to Inman Hacker Connect

WAV Group is sponsoring Inman Hacker Connect. It is a one day conference for your product managers and technology staff. For this group of constituents, this may be the best one day event of the year. Our sponsorship does not pay the whole fee, but we are paying for a lot of it. Please take advantage. Reasons to Send Them Technology is always changing, but real estate technology is going to have a revolution in 2017 with the widespread availability of the RESO Web API and other APIs. Today, there are only a handful of technology firms developing around our [...]

By |2018-05-03T21:22:59-07:00December 20th, 2016|Main category, MLS Insights|Comments Off on Send Your Techies to Inman Hacker Connect

What Will DocuSign Payments Mean for Real Estate?

The ability to set recurring payments through DocuSign Payments is coming and will be a boon to the leasing, event space rental and other industries. DocuSign Payments will also support ACH and Electronic Check Payments in the future which will be a perfect fit for Earnest money deposits. As the industry standard for eSignature, DocuSign offers a major contribution to real estate. There are two major forms companies that provide services to the industry – ZipForms® and Instanet Forms ™. In the case of Instanet®, they offer Authentisign ™, in the case of ZipForms, agents have a choice to use [...]

By |2018-05-03T21:22:59-07:00December 20th, 2016|MLS Insights|Comments Off on What Will DocuSign Payments Mean for Real Estate?

What Is Ahead for Consolidation, RESO, Upstream and Broker Portal

2016 has been a great year for real estate. On many levels we see the entire industry rethinking. Giving credit where credit is due – this is an initiative that was powered by the National Association of REALTORS® - but morphed into many other things. Consolidation 2016 saw the most rapid consolidation of MLSs and Associations in history. WAV Group worked on many of them. The common drive is the notion that there are “too many MLSs and Associations.” But what we learned from deeper investigation through services reviews and satisfaction reviews is that there were “too many ineffective MLSs [...]

By |2018-05-03T21:23:00-07:00December 20th, 2016|Broker Technology Research, MLS Insights|Comments Off on What Is Ahead for Consolidation, RESO, Upstream and Broker Portal

Don’t Miss Out on the WAVes of Change! Subscribe Before it’s Too Late!

With the holidays fast approaching and the end of the year in the horizon many associations and MLSs have begun to budget and are thinking about what services they should offer their members in 2017 and beyond. Don’t miss out on the WAVes of Change in 2017, be sure to plan accordingly! Did you miss NAR?   Where you and members of your Board of Managers stuck in the office rather than being out at NAR a couple of weeks ago … ? …Not a problem! We attend the events and conferences so you don’t have to! We understand that [...]

By |2018-05-03T21:23:01-07:00November 15th, 2016|MLS Insights, WAVes of Change|Comments Off on Don’t Miss Out on the WAVes of Change! Subscribe Before it’s Too Late!

PSAR and NSDCAR File to Dissolve San Diego’s Regional Multiple Listing Service (MLS) in Favor of Statewide System

October 25, 2016 (San Diego) – A dispute between the three largest real estate trade associations in San Diego County has resulted in new legal action intended to dissolve San Diego’s regional multiple listing service (MLS) that provides information on available homes for sale to more than 19,000 local real estate professionals. The local MLS, called Sandicor, Inc., is owned by three local real estate trade associations, including Pacific Southwest Association of REALTORS® (PSAR), the North San Diego County Association of REALTORS® (NSDCAR) and Greater San Diego Association of REALTORS® (SDAR). PSAR has about 2,500 members, NSDCAR has more than [...]

By |2018-05-03T21:23:02-07:00October 26th, 2016|MLS Insights, Press Releases|Comments Off on PSAR and NSDCAR File to Dissolve San Diego’s Regional Multiple Listing Service (MLS) in Favor of Statewide System

Aculist Edge for Brokers – Big Data, MLS Powered

There are a few companies that have developed analytic and business intelligence tools for real estate. Terradatum, RBI, 10K, Altos Research, Trend Graphics, Realtors Property Resource and others. But this past year, one of America’s leading MLSs, MLSListings launched a new product called Aculist Edge™ under the banner of their subsidiary, Aculist(the name denotes accurate listings). Based in Sunnyvale, CA, the heart of Silicon Valley, MLSListings has some of the most advanced software developers in the MLS industry, and they have leveraged those resources in ways that only an MLS operator can. Aculist Edge is something that is truly special. [...]

By |2018-05-03T21:23:03-07:00October 19th, 2016|Broker-Agent Information, MLS Insights|Comments Off on Aculist Edge for Brokers – Big Data, MLS Powered

MLSs and Brokers Misunderstand RESO

Our industry is in the dawn of a new day. With some measure of struggle, the Nations’ MLSs and their Vendors have endeavored to adopt a set of standard fields for standardized data transportation from the MLS system to applications that support the real estate industry.  I consider this the dawn of the effort because, for the very first time, MLS adoption of the real estate standards are more strictly mandated by the National Association of REALTORS® MLS Policy. For years, the National Association of REALTORS® supported and funded the Real Estate Standards Organization, which is referred to by its [...]

By |2018-05-03T21:23:04-07:00October 7th, 2016|Broker Technology Research, Broker-Agent Information, MLS Insights|Comments Off on MLSs and Brokers Misunderstand RESO

Are You Going to Get Blind-Sided in 2017?

As we head to the end of the year in 2016, now is a great time to sit back and reflect on the best ways to help prepare your organization for the inevitable evolutions and revolutions we may experience next year. Do you sometimes feel like your Board of Directors and key staff are out of touch with what’s really happening in the real estate industry today? Are you busy doing your daily tasks and feeling a bit overwhelmed by the speed of change coming at you from within and outside the industry? Are you worried that there could be [...]

By |2018-05-03T21:23:04-07:00October 7th, 2016|MLS Insights, WAVes of Change|Comments Off on Are You Going to Get Blind-Sided in 2017?