Communication Strategy for Real Estate

One of the fundamental core values of the MLS (beyond offers of compensation) is the organization and communication of property information database. The role of the MLS as a communicator is a hotly debated topic, because the communicator becomes the identity and spokesperson to a wide range of agents and consumers alike. The MLS as a communicator is largely predicated by the governance of the MLS, its bylaws, and the standards set by the MLS shareholders and board of directors. Today, most MLSs have one or more REALTOR Associations as their shareholders. The board of directors is typically appointed by [...]

By |2018-05-03T21:25:30-07:00August 30th, 2011|Broker Technology Research, How to Make Strategic Planning Really Work in your MLS, Main category, Marketing, MLS Insights, Strategic Planning|Comments Off on Communication Strategy for Real Estate

Melanie Blakeney Selected as MAAR’s New Leader

MEMPHIS, Tenn., August 25, 2011 – Today the Memphis Area Association of REALTORS® Board of Directors named Melanie Blakeney as its Executive Vice President, effective Dec. 1, 2011. She succeeds long-time Executive Vice President Jules Wade, who will be retiring this fall. Blakeney currently is Executive Vice President over MAAR’s Commercial Council and MLS. She came to MAAR in 1999 from the Lafayette Board of REALTORS® in Louisiana, where for a decade she served as President/CEO. Previously, she was Executive Officer over the Norman Board of REALTORS® in Oklahoma. She is a graduate of the University of Oklahoma in Norman. [...]

By |2018-05-03T21:25:30-07:00August 29th, 2011|Main category, MLS Insights, Press Releases|Comments Off on Melanie Blakeney Selected as MAAR’s New Leader

Dot MLS is the right side of the dot

Dot MLS Domains I was provided with a couple of previews of articles written by Judith Lindenau of the .MLS DomainAssociation today. Judith is a key member of the team volunteering their energy to pursue a top level domain name for the real estate industry called .MLS. You will see them on RE Technology next week (email me if you need an account). A Top Level Domain is what happens on the “right side of the dot.” a metaphor that I really like. On today’s internet, .com or .net are pretty meaningless. The concept of the new release of top level [...]

By |2018-05-03T21:25:30-07:00August 26th, 2011|Main category, MLS Insights|Comments Off on Dot MLS is the right side of the dot

Marty Reed Promoted at LPS

WAV Group would like to extend a sincere congratulations to our friend, Marty Reed of LPS. LPS Executive Rich Lull announced today that Marty Reed has accepted a new position expanding her role with LPS Real Estate Group’s MLS business. “Marty and team has done an incredible job with the development and launch of Paragon 5, currently being deployed by LPS’s 200+ Paragon accounts, and being presented to a number of MLS’s for consideration for conversion,” says Lull. Effective immediately, Ms. Reed will assume the role of VP ParagonSolutions, taking on responsibility for P&L management of the Paragon suite of [...]

By |2018-05-03T21:25:31-07:00August 17th, 2011|Main category, MLS Insights|Comments Off on Marty Reed Promoted at LPS

AOL-MOVEing in on property portals

Large consumer search portals like Google, Yahoo, and AOL have had an interesting, if not mystical strategy toward real estate. Today, AOL made an announcement to become a syndication channel for real estate listings. Perhaps AOL is going against the grain, or perhaps they finally found a great partner who made it easy for them to get enough quality listings on their site to make it a viable search solution for property. In today’s announcement, AOL Real Estate search will be powered by Move through the ListHub Syndication Network. No doubt, the strategy for AOL and Move fits. Both companies [...]

By |2018-05-03T21:25:31-07:00August 17th, 2011|Broker Technology Research, Main category, MLS Insights|Comments Off on AOL-MOVEing in on property portals

FBI Targets REALTORS

I caught an article published in the Kansas City Star this morning that blew my mind. The Federal Bureau of Investigations reports that there are an estimated $10 Billion in fraudulent loan applications each year in America. The problem is so bad that they have launched a sting initiative called Operation Stolen Dreams. This may be no surprise to many MLS executives. If you operate a large or mid-sided MLS, the FBI has already contacted you to gain access to MLS data. This is the front door approach. In some cases, the FBI gets a real estate license and joins [...]

By |2018-05-03T21:25:32-07:00August 12th, 2011|Main category, MLS Insights|Comments Off on FBI Targets REALTORS

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 |2018-05-03T21:25:32-07:00August 11th, 2011|Broker Technology Research, Main category, MLS Insights, Product Management, Suveys and Research|Comments Off on Purpose Built Data for Listing Syndication

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 |2018-05-03T21:25:32-07:00August 8th, 2011|Main category, MLS Insights|Comments Off on Arizona forms largest statewide MLS in the Nation

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 |2018-05-03T21:25:32-07:00August 4th, 2011|Main category, MLS Insights|Comments Off on Building Member Value with IDX and Websites

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 |2018-05-03T21:25:33-07:00August 2nd, 2011|Main category, MLS Insights|Comments Off on Russ Bergeron honored as Industry Leader

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 |2018-05-03T21:25:33-07:00July 27th, 2011|Broker Technology Research, Main category, MLS Insights, Strategic Planning|Comments Off on REALOGY to become Syndication Site

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