MLS Insights Archives

How Metrolist, MRIS, and MLSListings are wining with eCommerce

Join us for this special webinar with some of America’s leading MLS system operators, John Heithaus from MRIS, Melissa Olson from Metrolist, and Jeremy Crawford from MLS listings. MLSs have abundant opportunities for delivering the best products to their subscribers for lower costs, but it is difficult. In this webinar, you will learn how MRIS, MLSListings, Metrolist and many other leading MLS are consistently amplifying the reach and effectiveness of their services to their subscribers with powerful new communications and eCommerce platforms. WAV Group partner Victor Lund will moderate the panel as each expert outlines their programs for success: Reason [...]

By Victor Lund|2018-05-03T21:25:15-07:00February 11th, 2012|Main category, MLS Insights|2 Comments

Syndication as in insolent teen
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Syndication as in insolent teen

Broker Technology Research, Main category, MLS Insights, Strategic Planning

Syndication as in insolent teen

I received a call yesterday from a sage MLS executive. He saw the article in RE Technology about Sandicor adding a new syndication field into their MLS. We had discussed this a few years ago after some broker focus groups. At the time, the brokers did not seem to care too much about syndication, so the idea did not go anywhere. That changed. Adding the field is on the agenda at their next board meeting. He is probably not alone. Aside from that, he shared with me his vision for how syndication is going to play out in the long [...]

By Victor Lund|2018-05-03T21:25:15-07:00February 10th, 2012|Broker Technology Research, Main category, MLS Insights, Strategic Planning|11 Comments

Integrating MLS tools into Agent Browsers

Until today, MLSs have been walled Internet gardens. The MLS is accessed through the browser, but is entirely separated from the rest of the open Internet. iMapp just released an innovation that may begin a trend to change all of that. With iMapp, real estate agents with accounts may install a search plugin into their browser. This plugin puts a layer of MLS tax data on top of any website. With the search plugin, agents can look up tax on any property address found on any website – this includes the MLS, Agent and Broker Property Search Websites, Consumer property [...]

By Victor Lund|2018-05-03T21:25:15-07:00February 6th, 2012|Main category, MLS Insights, Product Management, Strategic Planning, Technology Evaluation|4 Comments

Non Dues Revenue for MLS

WAV Group Webinar Feb 15th at 10:00am PST This WAV Group webinar will focus on a panel discussion about the topic of non-dues revenue. Numerous MLSs around the country have launched or are in the process of launching these programs to provide lower cost business solutions to MLS subscribers. According to the recent CMLS survey - 54% of today's MLSs offer some form of non-dues revenue. "These companies are pushing the boundaries of their non-dues revenue programs," says Marilyn Wilson, WAV Group Partner. Topic: Why MLSs pursue non-dues revenue Different options for generating non-dues revenue How it is positioned to their [...]

By Victor Lund|2018-05-03T21:25:16-07:00February 6th, 2012|How to Make Strategic Planning Really Work in your MLS, Main category, Marketing, MLS Insights|1 Comment

LPS sells tax solutions to Lereta

LPS saw the spin off of their Agent-Broker products division in a management led buy out last September. The new company formed is called Real Estate Digital. Today, it was announced that the LPS Tax company was sold to Lereta. This company has nothing to do with the data that is licensed to RPR or MLSs. This is a tax services company totally separate from the Applied Analytics Data Solutions company that licenses public records and serves MLS. These are interesting times. We will keep you posted on what we hear. […]

By Victor Lund|2018-05-03T21:25:16-07:00February 1st, 2012|Broker Technology Research, Broker-Agent Information, Main category, MLS Insights|1 Comment

Balancing exchange rates in listing syndication

Online listing syndication presents complex strategic challenges to real estate brokerage in America today. The structure of economic trade between real estate brokers and publishers has many variables that are often misunderstood and often hard to measure. At the heart of the conversation is an unresolved understanding of the exchange rate in listing syndication. Even people with business analyst certification may be baffled. Do brokers subsidize the success of publishers by providing listings? Do publishers subsidize brokerages by providing willing homebuyers? Some of the policies by publishers to create revenue have been deemed to be very damaging by some real [...]

By Victor Lund|2018-05-03T21:25:16-07:00January 29th, 2012|Broker Technology Research, Broker-Agent Information, Main category, Marketing, MLS Insights|6 Comments

ARMLS launches Rent Check with Heat Maps

ARMLS is the Arizona Regional Multiple Listing Service. Centered in the Phoenix metropolitan area, they are the largest MLS in the State of Arizona. They are among the largest MLSs in the United States and leverage MLS data resources in unique ways to deliver value to their subscribers. I recently became aware of RENT Check™. Rent Check is a monthly report that examines the residential single family leasing market. RENT Check also features the RENT Check Quotient™ (RCQ) which compares leasing activity to sales. As a result of our nation’s recession, housing resales have given way to a hot residential [...]

By Victor Lund|2018-05-03T21:25:16-07:00January 21st, 2012|Main category, MLS Insights|Comments Off

Earthcomber sues real estate mobile app developers

Mobile real estate applications are the largest growth area in real estate technology. This is why so many people are attending online school to learn app development. Like anything expanding rapidly, there is big opportunity at stake, and pioneers who filed patents for methods of delivering mobile solutions are working hard to protect their intellectual property. We saw a similar pattern in real estate when mapping was experiencing great growth in real estate. As you may recall, that ended with the National Association of REALTORS® negotiating an industry wide settlement widely known as CIVIX. In that settlement, a combination of Associations, MLSs, and [...]

By Victor Lund|2018-05-03T21:25:16-07:00January 20th, 2012|Broker Technology Research, Main category, MLS Insights|Comments Off

How Listhub’s Real Estate Network Works

It is not uncommon for detailed questions to arise whenever there is major change afoot in the real estate industry regarding data. Listhub’s announcement of the launch of the Real Estate Network precipitated many questions regarding a broker’s ability to manage and control websites that display their data. The Listhub Real Estate Network includes the opportunity for any broker to publish listings on Century 21, Coldwell Banker, RE/MAX, and the Realty Executives websites. WAV Group has researched this topic of the Real Estate Network with executives from Listhub and we have great news to report. They did it right the [...]

By Victor Lund|2018-05-03T21:25:17-07:00January 17th, 2012|Broker Technology Research, Main category, MLS Insights, Strategic Planning, Technology Evaluation|5 Comments

What real estate can learn from Zappos cyber attack

Zappos, a division of Amazon focused on online shoe sales announced that their customer database of 24 million customer records was hacked over the weekend. Fortunately, the credit card database was not accessed. This is a huge problem for Zappos. They will now need to go through a process of getting all 24 million customers to update their password, and notify each user that their username and password have been stolen. The implications of this hacker stealing this information is far reaching. Many consumers use a familiar username and password for accessing commonly used websites. If you have ever set [...]

By Victor Lund|2018-05-03T21:25:17-07:00January 16th, 2012|Broker Technology Research, Broker-Agent Information, Main category, MLS Insights|2 Comments

Real Estate Digital to build new MLSLI Consumer Website

Although Real Estate Digital is a new brand in the real estate industry, the management and owners of the company are industry vetrans whose consumer website prowess dates back to the first consumer property search solutions. Real Estate Digital was formed when former LPS company executives formed the new company with assets acquired from LPS early in the fourth quarter of 2011. Since Real Estate Digital began standing on its own, they have shown a remarkable, albeit somewhat predictable ability to transition customers over to the new company and continue the growth of the products under their new brand (THINK [...]

By Victor Lund|2018-05-03T21:25:17-07:00January 11th, 2012|Main category, MLS Insights, Press Releases, Strategic Planning|1 Comment

MOVE launches the Real Estate Network for Franchises

Franchise Networks have taken the first step to declare their independence from the MLS rules and regulations, and third party listing websites. Today MOVE, operators of REALTOR.com and the Listhub listing syndication network, announced that they have created a data sharing solution called the Real Estate Network. Participant in the network include the two largest REALOGY networks of Century 21 and Coldwell Banker along with Realty Executives and RE/MAX. Under the terms of the agreement, the four participating Franchise Organizations will reciprocate in a listing data share of property listings for public display each other’s franchise websites. New Century 21 [...]

By Victor Lund|2018-05-03T21:25:17-07:00January 11th, 2012|Broker Technology Research, Broker-Agent Information, Main category, MLS Insights, Press Releases, Strategic Planning|10 Comments