Real Estate Technology Buyers Guide by RE Technology

RE Technology, Inc. released their first Real Estate Technology Buyers Guide today. It is a free and there is no registration requirement, so be sure to take a peek by clicking this link. You can view it on screen or you may download it. The goal of the publication is to allow MLSs and Brokers to schedule trade show meetings with key vendors offering interesting technologies that may be of use to you. Too often, the booth environment does not allow for a useful meeting opportunity. Full Disclosure, WAV Group partners are founders and officers of RE Technology - an information [...]

By |2018-05-03T21:25:44-07:00April 11th, 2011|Broker-Agent Information, Main category, MLS Insights|Comments Off on Real Estate Technology Buyers Guide by RE Technology
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Point 2 Announces New Syndication Partners

Point2 Announces 11 New Listing Syndication Partnerships Associations and MLSs leveraging Point2 program to enhance broker security San Diego, - April 07, 2011 - Online real estate marketing solution provider Point2 (www.Point2.com) announced  today that it has completed the technology implementation and market rollout of its listing syndication and real estate broker and agent product line co-marketing program with 11 additional real estate Multiple Listing Service (MLS) organizations and associations. The new implementations bring the number of syndication partners served by Point2 in North America to nearly 240. The Point2 program, launched more than two years ago, plays an increasingly critical role [...]

By |2018-05-03T21:25:45-07:00April 7th, 2011|Main category, MLS Insights|Comments Off on Point 2 Announces New Syndication Partners
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Federal Government passes GSE Reform measures

The bills approved by the Capital Markets Subcommittee are: H.R. 1223, the GSE Credit Risk Equitable Treatment Act. The legislation, introduced by Capital Markets Subcommittee Chairman Scott Garrett, helps clarify the risk retention rules required under Section 941 of the Dodd-Frank Act to make clear that Fannie Mae and Freddie Mac will be held to the same standards as any other secondary mortgage market participants.  A GSE loan purchase or asset-backed security issuance would not affect the status of the underlying assets. The legislation was unanimously approved with a vote of 34-0. H.R. 1221, the Equity In Government Compensation Act. [...]

By |2018-05-03T21:25:45-07:00April 7th, 2011|Broker-Agent Information, Main category, MLS Insights|Comments Off on Federal Government passes GSE Reform measures
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Listing Syndication 2.0

WAV Group is releasing this thesis to establish a conversation about how listing syndicaiton can be improved to allow third party websites to continue their effective job as a marketing tool for broker listings. We welcome your comments. To begin downloading the paper with our compliments, please click here  

By |2018-05-03T21:25:45-07:00April 5th, 2011|Broker-Agent Information, Main category, MLS Insights|Comments Off on Listing Syndication 2.0
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MRED to help consumers afford homes in the Chicagoland area

One of the key goals for the long-term survival of MLSs is to identify tools that can help create tangible results for their subscribers.  The best way to “move the needle” on customer satisfaction is to provide agents with something that DIRECTLY affects their ability to sell homes.  As MLSs review new services to consider they need to prioritize programs that will help agents and brokers be more successful.  MLS systems are a given now - the progressive MLS has to become a partner with its brokers and play a valuable role in delivering services that make the entire industry [...]

By |2018-05-03T21:25:45-07:00March 31st, 2011|Main category, MLS Insights|Comments Off on MRED to help consumers afford homes in the Chicagoland area
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Council of MLS released their annual benchmarking study today

The Council of MLS released their annual MLS benchmarking study today. You can download it for free from the CMLS website at CouncilofMLS.com. The survey involved the participation of 141 of the nations’ leading MLS providing services to more than 750,000 agents and brokers. The survey provides an update of the key issues facing MLSs today - great data. Be sure to take a look and share it with your staff and board of directors.  

By |2018-05-03T21:25:45-07:00March 31st, 2011|Main category, MLS Insights|Comments Off on Council of MLS released their annual benchmarking study today
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LPS Real Estate Group launches new website by 1000Watt Consulting

LPS launched their new real estate group website over the weekend.Http://www.lpsreg.com. The site is rich with information for their four primary product consumers: Brokers & Franchisors; Real Estate Agents; MLS; Data and Media. Drilling into any product group allows you to visualize the solutions. This is an interesting tactic - they are focused on solutions rather than products. Once a user selects the solution that meets their needs, the products that fill that need appear. I like the site.  Hugely improved over the last site. 1000Watt Consulting worked with LPS to put all of the pieces together, even added some [...]

By |2018-05-03T21:25:46-07:00March 27th, 2011|Broker-Agent Information, Main category, MLS Insights|Comments Off on LPS Real Estate Group launches new website by 1000Watt Consulting
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Book Review – the Thank Your Economy by Gary Vaynerchuck

I am exactly 111 pages into Gary Vaynerchuck’s new book, The Thank You Economy. The book talks about the role that Social Media plays in corporations. Usually a good business book gets my juices going on page 1. This one took me awhile to find a new thought. Nevertheless - I would say that the book is a must read. As the earlier post suggests (I was Linkedin user 153,000ish), I am bullish on social media. My passion dates back to my first electronic rolodex, then to my first palm pda, and so on and so forth. I like to [...]

By |2018-05-03T21:25:46-07:00March 26th, 2011|Broker-Agent Information, Main category, MLS Insights|Comments Off on Book Review – the Thank Your Economy by Gary Vaynerchuck
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MLS Mobile Game Changer – Smarter Agent

Mobile Search has been a keynote service by MLSs now for many years. The first platform that saw significant adoption was Most Home (now called Kurio). With the emergence of the smartphone, the Mobile Search industry has sprouted mobile search companies like weeds. RE Technology has a list of80 companies providing mobile applications. The typical business model for MLSs purchasing mobile applications is a fee per member per month. Some service providers offer a basic version and a pro version for those who want to generate non-dues revenue. Today, Smarter Agent looks to change all of that. They are launchiing [...]

By |2018-05-03T21:25:46-07:00March 24th, 2011|Broker-Agent Information, Main category, MLS Insights|Comments Off on MLS Mobile Game Changer – Smarter Agent
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CoreLogic Awarded Patent for ParcelPoint Technology

Technology Provides First Standardized Nationwide Parcel Database CoreLogic (NYSE: CLGX), a leading provider of information, analytics and business services, today announced the U.S. Patent and Trademark Office has awarded a patent to the company for its unique ParcelPoint® technology. CoreLogic ParcelPoint technology provides access to a single source for comprehensive, accurate and current parcel, property and tax data for the insurance, energy, utilities and telecommunications industries. The patent is the 13th patent awarded to CoreLogic and the second for the Spatial Solutions team, which previously operated as First American Spatial Solutions. U.S. Patent Number 7,890,509 is titled “Parcel Data Acquisition [...]

By |2018-05-03T21:25:46-07:00March 18th, 2011|Main category, MLS Insights|Comments Off on CoreLogic Awarded Patent for ParcelPoint Technology
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Products that get adopted keep it simple! Vendors that make them, look and listen.

Over the past few weeks I have been doing a lot of work with both vendors, brokers and agents evaluating different technologies.  In some cases this involved helping vendors improve their products and on the other side involved helping brokers and agents choose new products.  Something that hit me over and over again in both cases was the fact that our industry has over engineered products over and over again.  Why?  Because we don’t really listen to what users want.  We think we know better.  We understand all of the complex features that need to be included in websites, and [...]

By |2018-05-03T21:25:46-07:00March 11th, 2011|Broker Technology Research, Broker-Agent Information, Main category, MLS Insights|Comments Off on Products that get adopted keep it simple! Vendors that make them, look and listen.
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The Real Goal of RPR and CoreLogic

I just returned from speaking at the Leading Real Estate Companies of the World conference in Las Vegas. Leading RE is an amazing group of independent brokerages from across the nation and the world. The Leading RE network represents the largest non-franchise organizations from every marketcenter - I think they have about 600 broker members. Admittedly, my talk to the brokers likely represented the most boring session at the conference - Data Licensing, Listing Syndication, and an explaination of new IDX policies from the NAR MLS Policy committee. Notwithstanding, a few hundred broker owners joined the meeting indicating that they [...]

By |2018-05-03T21:25:47-07:00March 11th, 2011|Broker-Agent Information, Main category, MLS Insights|Comments Off on The Real Goal of RPR and CoreLogic
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