MLS Insights Archives

Purpose Built Data for Listing Syndication

Over the past three years, I have spent time with listing publishers, real estate brokers, MLS executives, and real estate agents collecting information on the strengths and weaknesses of listing syndication. At the core of these conversations was the topic of data quality, terms of use, the value of the listing, the effectiveness of online marketing, and overlapping syndication disorder. Without dissecting each issue, suffice it to suggest that listing syndication is not meeting the needs of todays stakeholders. The systems in place today need to evolve to meet everyone’s needs. This article will suggest that IDX data was not built for [...]

By Victor Lund|2018-05-03T21:25:32-07:00August 11th, 2011|Broker Technology Research, Main category, MLS Insights, Product Management, Suveys and Research|Comments Off

Arizona forms largest statewide MLS in the Nation

By a margin of 3 to 1, the Arizona Association of REALTORS voted to acquire the assets of ARMLS today forming the largest statewide MLS in the nation and possibly one of the top 5 largest MLSs in the nation. By our accounting, only MRED in Chicago, MRIS in the Mid-Atlantic would be larger. CRMLS in Los Angles, SoCAL MLS in Los Angles, MFRMLS in Central Florida are all smaller, but possibly in reach. Not that the numbers matter all that much. The difficult next step will be to encourage other Arizona MLSs to join the party. Bob Bemis, current [...]

By Victor Lund|2018-05-03T21:25:32-07:00August 8th, 2011|Main category, MLS Insights|Comments Off

Building Member Value with IDX and Websites

Across America, WAV Group has recognized that MLSs and Associations have been working with MLS vendors and IDX vendors to develop property search solutions for their members. These solutions are offered in one of three ways: Free, Freemium, and Premium. What follows is a basic description of how these programs are comprised along with a shortlist of MLSs and their partners. Free: In some Associations or MLSs, the IDX solution is offered as a complimentary (free) product for agents and brokers. This is unconfirmed, but we think that Rapattoni may have the most subscribers to the free solution. Rapattoni [...]

By Victor Lund|2018-05-03T21:25:32-07:00August 4th, 2011|Main category, MLS Insights|Comments Off

Russ Bergeron honored as Industry Leader

Today’s RE Technology Follow the Leader Series profiles Russ Bergeron. According to RE Technology, Bergeron, CEO of Midwest Real Estate Data, LLC (MRED) deserves recognition for his leadership on every level, but we’re going to be a bit more specific for this article. We’ll be focusing on his implementation of MRED’s “public service apps,” creating a new way to bring leading-edge technology and support to his customers. MRED Public Service Apps Mr. Bergeron proves that a great leader never rests on his laurels, no matter how successful his company may be. MRED is one of the largest MLSs in the [...]

By Victor Lund|2018-05-03T21:25:33-07:00August 2nd, 2011|Main category, MLS Insights|Comments Off

REALOGY to become Syndication Site

At the Inman Data Summit, many of the hot topics concerning MLS and broker data policies were rehashed. Perhaps the most radical statement of the conference came from Bob Bemis, CEO of the Phoenix area MLS (ARMLS) “Scrap all IDX rules and use the Code of Ethics and State Law to guide data policy.” I believe that he gave credit to Marty Frame of RPR for originating the idea. Aside from that rather far fetched thesis, insight was shared by two of the members of the NAR MLS Policy committee on the possible outcome of the Franchise IDX issue. Rather [...]

By Victor Lund|2018-05-03T21:25:33-07:00July 27th, 2011|Broker Technology Research, Main category, MLS Insights, Strategic Planning|Comments Off

Enough Analysis Paralysis! Time for MLSs and Associations to make it happen!

Kim Prior from Onboard Informatics posted a great article on RETechnology.com today entitled: MLSs Taking Control of Your Destiny. All I can say is “Well said, Kim!” Her article talks about how our industry is stuck in the mode of “analysis paralysis.” We love to talk about problems, but we rarely actually DO anything about it quickly and decisively. Well I say, “Enough postulating real estate industry – time for some decisions and some action!” […]

By Marilyn Wilson|2018-05-03T21:25:34-07:00July 21st, 2011|Main category, MLS Insights|2 Comments

LPS Real Estate Group Powers Consumer-Facing Website for the Real Estate Board of New York (REBNY)

Press Release LPS Real Estate Group Powers Consumer-Facing Website for the Real Estate Board of New York (REBNY) JACKSONVILLE, Fla. - July 18, 2011 - LPS Real Estate Group, a division of Lender Processing Services (LPS), announced today that its MLS Portal was chosen by the Real Estate Board of New York (REBNY) to serve as the platform for its newly launched consumer-facing website, NY1Residential.com, a re-launch of REBNY's existing New York City real estate listing website.  LPS Real Estate Group's MLS Portal provides multiple listing services with a branded website that offers consumers direct access to comprehensive property listing content. [...]

By THE WAV GROUP|2018-05-03T21:25:34-07:00July 19th, 2011|Main category, MLS Insights, Press Releases|Comments Off

My Florida MLS (MFRMLS) Signs Exclusive Agreement With CoreLogic Partner InfoNet Program

My Florida Regional MLS Joins CoreLogic® Partner InfoNet —Largest MLS in Florida Signs Exclusive Agreement— SANTA ANA, Calif., July 19, 2011—CoreLogic (NYSE: CLGX), a leading provider of information, analytics and business services, today announced that My Florida Regional MLS (MFRMLS) has signed an exclusive agreement with CoreLogic to participate in Partner InfoNet. Partner InfoNet is a revenue sharing program in which multiple listing services (MLSs) license their listing data to CoreLogic for use in risk management products for mortgage lenders, servicers and the capital markets. “Partner InfoNet gives us a controlled way to license our data and deliver that value [...]

By THE WAV GROUP|2018-05-03T21:25:34-07:00July 19th, 2011|Broker Technology Research, Broker-Agent Information, MLS Insights, Press Releases|Comments Off

RE Technology Announces New ‘Follow the Leader’ Column, Seeks Nominations

RE Technology (www.retechnology.com), the leading media site for the real estate technology industry, has become a daily resource for many MLS professionals, brokers, and agents. Their already-rich array of content is now being augmented with an exciting new column: “Follow the Leader.” […]

By Marilyn Wilson|2018-05-03T21:25:35-07:00July 7th, 2011|Broker Technology Research, Broker-Agent Information, Main category, MLS Insights|1 Comment

Shelley Specchio from NNRMLS honored

RE Technology is publishing a new series called Follow the Leader. The Leader to follow this week is Shelley Specchio, CEO of Northern Nevada Regional MLS. Shelley impressed us with her out-of-the-box thinking, tech-savviness, and commitment to serving real estate professionals in the Reno and Northern Nevada MLS. […]

By Victor Lund|2018-05-03T21:25:37-07:00July 5th, 2011|Main category, MLS Insights|1 Comment

Bob Hale honored as CEO Communicator of the Year

WAV Group would like to congratulate Bob Hale of the Houston Association of REALTORS® for being selected as the 2011 CEO Communicator of the Year. Hale was presented with this honor by the Public Relations Society of America through its Houston Chapter. As CEO of the Houston Association of REALTORS®, Bob Hale exhibited communications excellence by combining public relations, social media, a website, print, and outdoor advertising to successfully communicate the value of REALTORS® as the trusted resource for real estate consumers, and HAR as the trusted partner to broker and agent membership. Hale has been leading the Houston Association [...]

By Victor Lund|2018-05-03T21:25:37-07:00June 30th, 2011|Main category, Marketing, MLS Insights, Press Releases|Comments Off

If you’re not promoting rentals, you’re missing the boat!

The world has changed. Many consumers that used to want to live the “American Dream” of homeownership have given up on that dream – at least for now – and have turned to renting, instead of buying. They may have lost their home, or simply don’t believe that buying a home is a good investment anymore. Still others simply cannot afford to buy a home because they have lost their job or they have been forced to take a lower paying job just to keep food on the table. Are we just going to abandon these folks because they aren’t [...]

By Marilyn Wilson|2018-05-03T21:25:37-07:00June 29th, 2011|Broker Technology Research, Main category, MLS Insights, Suveys and Research|Comments Off