Understanding Your ListTrac Report
ListTrac is now reporting metrics from nearly every major IDX vendor, the major portals, and the MLS systems.
ListTrac is now reporting metrics from nearly every major IDX vendor, the major portals, and the MLS systems.
For decades, Multiple Listing Services (MLS) have been perceived as monopolizing specific geographic areas and agent networks. They've been seen as an exclusive resource for accessing comprehensive property listings and facilitating transactions. However, recent insights from the WAV Group Customer Experience Index have shed light on a surprising statistic: 29% of agents belong to more than one MLS. This revelation challenges the notion of MLS as monopolistic entities and emphasizes the importance of reevaluating their value proposition and fostering collaboration among organizations to better serve the real estate community.
The realm of copyright law is a delicate balance between protecting the rights of brokers and fostering the dissemination of aggregated listings.
In the ever-evolving landscape of real estate, recent legal battles and settlements have shed light on the significance of examining non-REALTOR MLS subscriptions. We discussed this topic recently in our webinar 350,000 agents don’t have to be REALTORS® anymore - Is your MLS ready? While much is still undetermined from the recent settlement, there is a key takeaway – a notable shift in the landscape concerning NAR (National Association of Realtors) membership requirements. Specifically, recent settlements, including one with Keller Williams, have highlighted that brokerages representing a staggering 550,000 agents are either unable or unwilling to mandate NAR membership or the associated three-way agreement.
With an increasing number of Hispanics involved in the real estate market, it is imperative to provide them with the necessary tools for success in their native language.
A dark cloud is coming to real estate in America, and it’s hitting our shores at the worst possible time.
Always love to share quantitative data that proves that MLSs truly help dial up business opportunities for their customers. ValleyMLS.com, an MLS that takes its job of generating views, leads and listing exposure very seriously, is a great example!
Council of MLS elects two progressive, emerging MLS leaders to their Board of Directors Congrats to Justin Haag and Chris Haran, two of my absolute favorites to the Council of MLS Board of Directors! I am confident Justin Haag, soon to be the new CEO of Northwest MLS in Seattle and a leader in advocacy and promotion of Buyer’s Agency along with Chris Haran, one of the best and brightest technology strategists and visionary in the industry are going to be terrific additions to the leadership team of CMLS.
Congrats to One Key and Mid-Hudson for coming together to better serve real estate professionals in the Hudson Valley - we love to see logical blends of organizations like this that better serve brokers and agents with reduced cost and complexity, broader data transparency and increased marketing potential for listings. Great job!
Communication sent to MLS subscribers is among the most challenging tasks facing the MLS industry today. The communicator's dilemma is balancing the complaints.
Through the natural discourse of meetings to hone the best practices of the trade, the association created rules. To be a member of NAR or any association, members must agree to adhere to the rules. These association rules are creating legal problems.
The MLS operating as a co-op would operate like any other MLS, but the frame would be different.