Listing Book LLC to Acquire Cyberhomes.com

Press Release Listingbook LLC Enters into a Definitive Agreement with LPS Real Estate Group to Acquire Cyberhomes.com Listingbook will continue to operate the website as a ‘best-in-class online real estate destination powered by LPS premier data aggregation services   JACKSONVILLE, Fla. and GREENSBORO, N.C. Aug. 3, 2010 Lender Processing Services, Inc. (NYSE: LPS), a leading provider of integrated technology and services to the mortgage and real estate industries, announced today that its subsidiary, LPS Real Estate Group, Inc., and Listingbook LLC, a leading provider of broker and agent client servicing applications, have signed an agreement for Listingbook to take over [...]

By |2018-05-03T21:26:03-07:00August 3rd, 2010|Main category, MLS Insights|1 Comment
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CoreLogic Extends Data Licensing Agreement with the Houston Association of REALTORS® (HAR)

CORELOGIC AND HOUSTON ASSOCIATION OF REALTORS® EXTEND DATA LICENSING AGREEMENT SANTA ANA, Calif., Aug. 2, 2010 CoreLogic (NYSE: CLGX), a leading provider of information, analytics and business services, today announced that it has renewed and expanded its longstanding data licensing agreement with the Houston Association of REALTORS® (HAR). The agreement extends the permitted uses of HARs listing data beyond automated valuation models (AVMs) to other risk management solutions.  Under the agreement, HAR will also join the CoreLogic MarketLinx Data Co-op, which facilitates the sharing of real estate listings with other multiple listing services (MLSs) around the country, and will provide [...]

By |2018-05-03T21:26:04-07:00August 2nd, 2010|Main category, MLS Insights|Comments Off on CoreLogic Extends Data Licensing Agreement with the Houston Association of REALTORS® (HAR)
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A lesson from a departed friend – Chris Warner

We write so much in our industry about stuff.  Stuff like technology, politics, data and other topics dominate our blogs and daily reading but today I want to share a few thoughts about a person that many of you may not know, Chris Warner, who was very important to me, and others, in our early days in our industry.  Chris recently passed away.  Chris and I, like many of our cohorts in our industry, worked together at PRC Realty Systems in the 80’s when the whole MLS industry was in the process of becoming computerized.  I actually learned of Chris’s [...]

By |2018-05-03T21:26:04-07:00July 7th, 2010|Clients, Main category, MLS Insights, Our Company|Comments Off on A lesson from a departed friend – Chris Warner
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Electronic Faxing becoming a “core” service offering for MLSs

Core service offerings for MLSs continues to evolve and expand as MLSs look for ways to help their subscribers save money while serving the needs of their clients better. According to the 2009 CMLS MLS Operations Benchmarking Survey, nearly 60% of MLSs now provide Electronic faxing and Document Management as a core service offering. As noted in the 2009 WAV Group Transaction Management Adoption Study, usage of methods for processing transactions online continue to grow.  Agents first become comfortable with processing forms online. That process worked so well that they are now quickly adopting other online tools to make the process of [...]

By |2018-05-03T21:26:04-07:00June 30th, 2010|Broker-Agent Information, MLS Insights|Comments Off on Electronic Faxing becoming a “core” service offering for MLSs
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CARETS partners with NAR to offer competition to Loopnet

LoopNet™ has 4 Million members and they are the dominate player in offering MLS like services to the commercial real estate industry.  Their business model is different.  Commercial Sales agents and consumers all pay for subscriptions.  Some would say that LoopNet is highly successful, others would say that they are holding the commercial real estate industry hostage. As we have seen in the past, the National Association of REALTORS® has done plenty to intercept these types of trade concerns in real estate.  Perhaps the best example is the formation of Sentrilock™ as a competitor to GE Supra’s lock box domination. [...]

By |2018-05-03T21:26:05-07:00June 22nd, 2010|Main category, MLS Insights|Comments Off on CARETS partners with NAR to offer competition to Loopnet
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RBI – Real Estate Business Intelligence Launches

MRIS and RBI are pleased to announce the launch of the data analytics company, RealEstate Business Intelligence, and its new website, www.rbintel.com.  RBI is a wholly owned subsidiary of MRIS, the nation’s largest MLS provider to agents and brokers. Agents, brokers, appraisers and other real estate professionals can now receive the most reliable housing market data in the Mid-Atlantic region via www.rbintel.com - empowering them to make more educated decisions for their clients. RBI provides an in-depth understanding of real estate activity at the regional, county and local levels in the Mid-Atlantic housing market that has not previously been available. Based upon data [...]

By |2018-05-03T21:26:05-07:00June 17th, 2010|Main category, MLS Insights|Comments Off on RBI – Real Estate Business Intelligence Launches
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Is an MLS Like a bank?

I have been rather absorbed with the problems with Intuit the past couple of days.  They went down tuesday night and we had to switch our payment processing over to paypal during the outage.  Thankfully, we had a backup plan. Our back up plan gets simulated monthly across all systems.  Thankfully it worked when it needed to, but not without the full on efforts of the development team. I was able to sit down with David Charon of Metropolitan Regional Information Systems (MRIS) last week.  I am not sure how it came up, but he mentioned that his MLS system produces around [...]

By |2018-05-03T21:26:05-07:00June 17th, 2010|Main category, MLS Insights|Comments Off on Is an MLS Like a bank?
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CoreLogic Launches Partner InfoNet

CoreLogic made it official today with the launch of their  Partner InfoNet program.  The program allows participating MLSs to share revenue that results from its inclusion in various risk management products.   Press Release SANTA ANA, Calif., June 14 /PRNewswire-FirstCall/ – CoreLogic (NYSE:CLGX - News), a leading provider of information, analytics and business services, today officially launched the Partner InfoNet, a special program for sharing revenue with multiple listing service (MLS) organizations. Through the program, an MLS licenses its listing data for use in a variety of new risk management products for mortgage lenders, servicers and the capital markets. Until [...]

By |2018-05-03T21:26:06-07:00June 14th, 2010|Main category, MLS Insights, Press Releases|Comments Off on CoreLogic Launches Partner InfoNet
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Divorce and Real Estate

WAV Group performs volumes of research for MLSs and Associations each year.  As part of collecting subscriber and member surveys, we also collect basic demographic data - Male or Female, Age, etc.  Much of this demographic information allows us to associate general age group trends of American demographics and apply them to our understanding of the culture within an MLS or Association.  We have never asked marital status, but I wonder what role that plays in understanding the mindset of today’s REALTOR. One of the research instutitions that we value for information is Pew Research Center.  Today they released a [...]

By |2018-05-03T21:26:06-07:00June 8th, 2010|Main category, MLS Insights|Comments Off on Divorce and Real Estate
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New Jersey MLSs step up data sharing

I caught this on the Real Town blog today.  It was published by Thomas Wissel, Information Technology,  Toms River,  NJ   Jersey Shore MLS, Middlesex County MLS and Trend MLS are now using the MarketLinx Data Co Op to efficiently share listings between 3 different MLS platforms. This may be “old hat” to other MLS operators in the country, but NJ has been rooted in the past by forcing agents to subscribe to multiple services. There are 9 MLS services that cover the state and right now only 3 have fully embraced the notion of making it easy on the users by [...]

By |2018-05-03T21:26:06-07:00June 4th, 2010|Main category, MLS Insights|Comments Off on New Jersey MLSs step up data sharing
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John Heithaus to lead Marketing at MRIS

06/01/2010– Press Release On June 1, John L. Heithaus joins MRIS as chief marketing officer. Bringing more than 30 years of real estate and executive experience, Mr. Heithaus will lead all marketing efforts for MRIS and be responsible for marketing operations, product management, partnership marketing and customer relations. He will also lead MRIS media and industry relations, advertising, interactive programs, communications and market and customer research. Prior to joining MRIS, Mr. Heithaus served as senior vice president of sales, marketing and REALTOR®alliances at SentriLock. He also served as senior vice president of partner and product development at Prudential Real Estate, [...]

By |2010-06-01T18:50:24-07:00June 1st, 2010|Main category, MLS Insights|Comments Off on John Heithaus to lead Marketing at MRIS
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FBS – A Model For Cooperation

Having grown up in the MLS business and seeing it evolve from the days when we replaced books with MLS systems to today, where MLS sales are only made through taking a competitor’s account, I know how competitive the MLS technology landscape is.  Over the past 20 years or so, we have also seen this market mature and with that maturation we have also seen intense price pressure placed on our MLS vendors to the point today where I question whether we have gone too far.  MLS vendors today are the cornerstone of our entire real estate technology industry.  Nothing [...]

By |2018-05-03T21:26:07-07:00May 6th, 2010|Broker-Agent Information, Main category, MLS Insights, Technology Evaluation|Comments Off on FBS – A Model For Cooperation
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