Pardon my rant. WAV Group has been blogging for a long time.  We believe that it is an excellent way to stay connected to our clients or potential clients, and to showcase the type of (hopefully) thoughtful approach we have to our consulting business.  We also are endeavoring to keep clients informed about new ideas in the real estate technology industry - some good, some not so good.  We also like to celebrate the success that companies have and publish press releases. Recently we watched some situations of blogging gone bad.  This happens innocently as people make disparaging comments on blogs.  Indeed, [...]

MRIS has long offered premium products and services to their participants and subscribers.  Below you will see the announcement of a new service of offering agent and broker website and IDX offerings.  It looks to be a very complete solution that will cover the needs of the majority of their customers.  You will also notice that they are rolling it out as they would any other MLS service - complete with localized information and training classes through collaboration with shareholder Associations of REALTORS. Press Release MRIS will soon launch the XactSite agent and broker web site and IDX packages. The [...]

    This is great news for the data sharing among MLSs in Northern California.  Unlike the data share in Southern California called CARETS, which pulls all regional listings into your home MLS system – Northern California data share uses reciprocal linking – so any participant may click into another MLS system and have full access….and now, without logging in again! CLAREITY SECURITY LAUNCHES SCOUT FOR SAFEMLS AND SINGLE SIGN ON SOLUTION FOR cooperative MLS of Contra Costa, East Bay Region Data, Inc. and the Bay East Association of REALTORS Scottsdale, Arizona — April 14, 2010 — Clareity Security is [...]

It was reported today in Overseas Property Professionals that a group consisting of Immobel, NAR, FECEPAC and others are collaborating on a project to create an international MLS system for Central America. LANDMARK DEAL CREATES INTERNATIONAL MLS FECEPAC, Immobel, NAR, FNAIM, Central America, Caribbean, MLS, portals, Google, Enormo, ICREA, Worldproperties, A landmark agreement is to create an international multiple listing system (MLS) for Central America, bringing the concept of a genuinely global listings exchange a step closer. Through a deal with real estate technology provider Immobel, the Central American and Caribbean real estate association, FECEPAC will make its members property [...]

Move Inc, the operators of REALTOR.com and a list of many quality products and services to the real estate industry has had a rough ride.  In total, they have lost over $2 Billion dollars in their history, and were profitable for two years.  On the surface, this sounds like pretty poor performance, but nothing could be further from the truth.  They have accomplished some outstanding milestones and could be close to hitting a home run.  All of the ingredients are in place.  They have the largest consumer audience with strong advertiser support, the most data, and significant agent/broker sales revenue. Music streaming company Pandora faced [...]

MLS of Choice has been with us for a while now, but has not created any landscape changes in the MLS industry. WAV Group has had the opportunity to observe the behavior of agents in two divergent situations in California.  CARETS and CalREDD. Hypothesis:  Agents don’t care about the MLS system.  They care about selling homes, the service they get from their MLS, and the relationships they have with the organizations offering them services. Case 1 - CARETS Data Share - 100,000 agents in the Los Angles and points south now can freely choose from a variety of REALTOR Associations [...]