Check Out The New ARMLS Blog!

We wanted to give our friends at ARMLS a congratulations on their new BLOG that was recently announced.  Over 3,000 very smart people already like it, check it out.  ARMLSBLOG.com is  the official blog of Arizona Regional Multiple Listing Service. The blog is focused on real estate, technology and all things MLS.  In one of their first posts they talk about the importance of honesty in statisical reporting countering the argument that statistics create negative trends in real estate.  Quite the contrary as explained in STAT, PPI and the Truth.  Great to see from our friends at ARMLS.  Great job!

By |2018-05-03T21:25:51-07:00February 16th, 2011|Main category, MLS Insights|Comments Off on Check Out The New ARMLS Blog!
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Yardi takes over listing syndication of California Regional MLS

CRMLS, formerly MRMLS and participant in the Los Angles Data Sharing initiative “CARETS” has announced a partnership with Yardi Systems division, Point2. Under the partnership, Point2 will syndicate CRMLS lsitings on behalf of all 23 member associations and their 26,000 agent members. Point2 has indicated that they syndicate to 60 web portals. WAV Group favors listing syndication when done properly, and both Yardi(Point2) and Move (Listhub) are looking to clean up many of the issues that have not been addressed since the practice was first deployed by Threewide (Listhub). Syndication solves a real issue by removing the challenges to getting [...]

By |2018-05-03T21:25:51-07:00February 16th, 2011|Broker-Agent Information, Main category, MLS Insights|Comments Off on Yardi takes over listing syndication of California Regional MLS
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Come join me at the 4th Annual AFIRE Conference

Many of you have probably heard me “gushing” over the years about the AFIRE Conference.  AFIRE or Awesome Females in Real Estate is a one of a kind conference for female executives in the real estate industry.  They say it’s “lonely at the top". This conference provides executives and business owners with a safe place to talk about the issues they are facing in their businesses without their staffs or boards in the room.  I have forged some of my closest relationships in the business at this conference. I have been honored to spend time with some of the most [...]

By |2018-05-03T21:25:52-07:00February 16th, 2011|Main category, MLS Insights|Comments Off on Come join me at the 4th Annual AFIRE Conference
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CoreLogic’s Infonet tops 140,000 participants

According to a press release released today, CoreLogic’s Infonet program now has agreements in place to serve over 140,000 participants throughout the United States. Today they announced that five multiple listing services (MLSs), representing more than 19,000 real estate professionals, have joined the Partner InfoNet revenue-sharing program. The new agreements include the program’s first in Florida and bring the total number of real estate professionals who are participating in Partner InfoNet to more than 140,000 and more than 400,000 listings. The new MLSs are: Regional MLS, Inc. of Palm Beach; North Carolina’s Fayetteville Association of Realtors, Inc.; Central Virginia Regional [...]

By |2018-05-03T21:25:52-07:00February 15th, 2011|Main category, MLS Insights|Comments Off on CoreLogic’s Infonet tops 140,000 participants
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Indexing is Scraping – Here is the Proof

I constantly find myself in arguments/debates about indexing vs. scraping of real estate listings from websites. Despite my blue face, the debate goes on. In an effort to provide evidence that indexing is scraping, I have created this summary and video that will provide evidence of my case. The importance of this discussion is to key into two conflicting issues related to MLS rules and regulations. Specifically, the MLS rules and regulations for IDX websites indicate that the website must try to prevent scraping, but indexing by recognized search engines is ok. I say potato, potato. They are the same [...]

By |2018-05-03T21:25:52-07:00February 12th, 2011|Broker-Agent Information, Main category, MLS Insights|Comments Off on Indexing is Scraping – Here is the Proof
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Buyer Search Feature in MLS Systems

MLS systems have had buyer-servicing portals for years. An agent configures a buyers search criteria, and the buyers representative and buyer are notified whenever a listing matches their search criteria. The system is elegant, informative and works perfectly. But there is a new feature trying to put down roots in this ecosystem that may introduce interesting results an enhanced buyer registration feature of the MLS. Many agents go to Tour Meetings and Office Meetings where they talk about buyer needs all in hopes of finding an agent with a listing. Curious really, since all of the listings are in the [...]

By |2018-05-03T21:25:52-07:00February 9th, 2011|Broker-Agent Information, Main category, MLS Insights|Comments Off on Buyer Search Feature in MLS Systems
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Rapportive for Real Estate

If you are a small company or want to have a personal account outside of business, you probably have a Gmail account. GMAIL account are also cool because they integrate so well with other contact and email rich technology platforms like Social Networks. As you probably know, you can inport all fo your GMAIL contacts into Facebook, Linkedin, Twitter, Skype, and an million other products by simply entering your gmail email address and password. One really cool think that is beginning to happen - every so slowly - but people are beginning to use GmailL.com as thier primary email client [...]

By |2018-05-03T21:25:53-07:00February 5th, 2011|Broker-Agent Information, Main category, MLS Insights|Comments Off on Rapportive for Real Estate
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The Power of Benchmarking – MFRMLS Experiences New Heights in Customer Satisfaction

The Power of Benchmarking WAV Group strongly believes that you cannot accomplish what you cannot measure. How do you know if your customers are loyal fans and would recommend you to others? By asking them, of course.   And not just asking them on occasion, but every time anyone in your organization connects with them in any way. We have witnessed significant improvements in customer satisfaction when a MLS regularly measures satisfaction levels and then, of course, continues to improve in the areas where they have received suggestions for improvement. Why does satisfaction matter? After all MLSs for the most part [...]

By |2018-05-03T21:25:53-07:00February 4th, 2011|Main category, MLS Insights|Comments Off on The Power of Benchmarking – MFRMLS Experiences New Heights in Customer Satisfaction
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CoreLogic Marketlinx publishing InfoNet Licensing partners

The places one finds business intelligence these days….. Twitter! If you follow@marketlinxnews on twitter, you will see their rather casual announcements of each instance that an MLS or Association enters into a licensing agreement for InfoNet.InfoNet is CoreLogic’s data licensing program whereby they license active listing content from MLSs (and pay them for it) then sell access to the data via their AVM products to the federal government, banks, freddie, fannie, insurance companies and the like. Their only competitor in this marketplace is NAR’s subsidary, the Realtor Property Resource. They also build an AVM called the RVM (Realtor Valuation Model) [...]

By |2018-05-03T21:25:53-07:00February 3rd, 2011|Main category, MLS Insights|Comments Off on CoreLogic Marketlinx publishing InfoNet Licensing partners
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MLSs need to protect their brand

Real Estate agents and brokers somehow believe that the keyword “MLS + CityName” is an important search term to drive qualified visitors to their website. According to the WIN Reports by WAV Group - these agents and brokers are correct! The search term MLS+cityname, like San Francisco MLS is very popular - and this is true of every metropolitan area that we study. The reasoning is also sound - the MLS has the most accurate and complete listing data on the internet and it is a great place to find a qualified agent. Why wouldn’t a consumer want to start their real [...]

By |2018-05-03T21:25:53-07:00February 3rd, 2011|Main category, MLS Insights|Comments Off on MLSs need to protect their brand
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MRED sets standard of excellence in MLS press communications

WAV Group tries to highlight Standards of Excellence by MLS service providers. This one caught our eye today. MRED is among the largest and most progressive MLS service providers in the nation - serving more than 40,000 subscribers and hosting a leading level of property records. In a press release today, they received national press coverage regarding the health of the real estate market in Chicago and surrounding marketplace they serve. Moreover, the press release highlights how vital the MLS service is to agents, brokers, appraisers and the consumers that they serve. Components of the press release that are newsworthy [...]

By |2018-05-03T21:25:53-07:00January 31st, 2011|Main category, MLS Insights|Comments Off on MRED sets standard of excellence in MLS press communications
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Divided we get conquered!

Can’t we all just get along? Last week at Inman Connect in New York City, I was invited to share the Top 5 questions MLSs should address in the next year.  I reserved one of my five points to one of the key dysfunctions I have observed in our industry - Internal Squabbling.   As the market gets tighter and budgets gets strained, we see more and more examples of discord between real estate organizations supposedly all designed to serve the needs of real estate professionals.  In some regions we see local real estate associations engaging in predatory practices, trying [...]

By |2018-05-03T21:25:54-07:00January 22nd, 2011|Broker-Agent Information, Main category, MLS Insights|Comments Off on Divided we get conquered!
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