NNRMLS study reveals that properties promoted on the MLS sell for more than off-MLS homes on average.

On average, a listing on the multiple listing service yielded a 17% premium in sales price over similar properties sold off-MLS independent of other variables. For a typical home, this resulted in a $55,250 increase in sales price. This study is consistent with studies conducted in other markets as well. It makes sense that a property promoted by hundreds of IDX feeds enabled by the Multiple Listing Service, plus the exposure to the most qualified network of industry professionals in the local MLS region would generate the most buyer interest.

By |2025-03-16T06:02:20-07:00May 2nd, 2023|MLS, MLS Insights, Press Releases, Research|Comments Off on NNRMLS study reveals that properties promoted on the MLS sell for more than off-MLS homes on average.
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Maine Listings Names Denise Libby as Their New Chief Executive Officer

The Search Committee for Maine Listings went through an exhaustive search and due diligence process to identify several qualified candidates. Ultimately, they chose Denise Libby, the organization’s current Chief Operating Officer to take the organization to its next level of growth and relevance.  Maine Listings is one of the most highly rated MLSs in the country according, to the WAV Group Customer Experience Index. Denise is perfectly suited to build on all the great work that has been implemented to date. 

By |2023-04-27T06:54:19-07:00April 27th, 2023|Announcements, MLS, MLS Insights, Press Releases|Comments Off on Maine Listings Names Denise Libby as Their New Chief Executive Officer
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Town Hall Meetings Can Help Your Customers Know That Your MLS is Headed in the Right Direction

Organizational success is heavily reliant on the satisfaction of its customers. The local Multiple Listing Service (MLS) plays a pivotal role in creating a business-friendly environment that enables agents and brokers to maximize the potential of their businesses. However, the effectiveness of the MLS's efforts to address customer needs is dependent on the clarity of its organizational goals and its ability to communicate them effectively.

By |2025-03-16T06:01:20-07:00April 6th, 2023|Associations, MLS, MLS Insights|Comments Off on Town Hall Meetings Can Help Your Customers Know That Your MLS is Headed in the Right Direction
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Getting ready to pass the Baton of Leadership – A practical guide to Succession Planning

Succession planning is a crucial aspect of any organization, and the real estate industry is no exception. It is no secret that there is a significant talent gap in the industry with aging boomers who have experience and the up and coming leaders that have not yet had chances to be tested. Those new leaders will bring fresh ideas and renewed energy to your organization, if you nurture them. The BATON framework can help real estate organizations ensure that they have a smooth transition of leadership, and that their business continues to thrive for years to come.

By |2025-03-16T06:00:03-07:00April 3rd, 2023|Associations, MLS, MLS Insights, Recruiting|Comments Off on Getting ready to pass the Baton of Leadership – A practical guide to Succession Planning
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Two Midwest MLSs Launch IntraMatrix Data Share

CoreLogic has created a data sharing application that allows Matrix customers to add a tab in Matrix that opens a read-only-view session in another Matrix powered MLS. Northwestern Wisconsin MLS and adjacent NorthstarMLS are among the first MLSs to use the data sharing feature.

By |2023-03-15T17:55:06-07:00March 16th, 2023|Data-Driven Culture, MLS Insights, Real Estate Technology|Comments Off on Two Midwest MLSs Launch IntraMatrix Data Share
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[WEBINAR] The Future of MLS Customer Satisfaction: The WAV Group Customer Experience Index Report

The real estate industry is challenging and agents today need all the support they can get to keep their businesses successful. That's why it's important to take advantage of tools and resources that can help improve the MLS experience for your subscribers. The WAV Group Customer Experience Index (CXI) Report is one such tool that provides comprehensive insights into customer satisfaction, and it's something that every MLS organization can benefit from. 

By |2025-03-16T05:42:43-07:00March 9th, 2023|MLS, MLS Insights, Webinars|Comments Off on [WEBINAR] The Future of MLS Customer Satisfaction: The WAV Group Customer Experience Index Report
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Clear brand messaging and value proposition is important for your MLS

As real estate professionals, your customers understand the value of building brand awareness and communicating their value proposition. As a multiple listing service, you should never take for granted that your customers know you and truly understand all you can offer them. One of the insights the WAV Group Customer Experience Index revealed is that sometimes REALTOR associations that also run an MLS could improve customer satisfaction by more clearly communicating the MLS’s brand and value proposition, separate from the association.

By |2025-03-16T05:41:55-07:00March 9th, 2023|Marketing, MLS, MLS Insights|Comments Off on Clear brand messaging and value proposition is important for your MLS
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Why the Top MLSs Invest in Local Insights for Their Websites

Real estate transactions have always been driven by data, and now more than ever, expanded location data has become critical for MLSs trying to improve the consumer home search. In this masterclass, moderated by Marilyn Wilson (Founding Partner, WAV Group), you will gain valuable insights from a panel of industry experts on how offering location insights has become so crucial to the MLS websites.

By |2025-03-16T05:41:09-07:00March 2nd, 2023|MLS, MLS Insights, Real Estate Technology|Comments Off on Why the Top MLSs Invest in Local Insights for Their Websites
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MLS Now Creates an OMT to Complement their CMT Leadership Group

MLS Now has developed an organizational structure to streamline the operational flow between the CMT, OMT, the Board of Directors and operations within.

By |2023-03-09T07:06:41-08:00March 1st, 2023|MLS, MLS Insights|Comments Off on MLS Now Creates an OMT to Complement their CMT Leadership Group
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Start with training and education to defend yourself and your organization from phishing scams.

It was a Sunday morning and I was taking a break from doing chores around the house. The house phone rings and my mom (Baby Boomer) picks it up. I can only hear this side of the conversation, but quickly I gathered that it was “DirecTV” on the phone. The call went on for a fairly long time. Finally, when my mom hung up the phone, I asked her who it was. She told me it was DirecTV and they claimed to need to replace some of the equipment for our satellite to provide us with a better signal. The equipment normally costs $1,000, but it would only cost us $300 and after 6 months, we would get the money back. But something did not feel right.

By |2023-02-10T12:59:13-08:00February 10th, 2023|Broker Technology Research, MLS Insights, Our Services, Real Estate Technology, Security and Privacy|Comments Off on Start with training and education to defend yourself and your organization from phishing scams.
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Congratulations to WAV Group’s own Marilyn Wilson Lund on becoming Vice Chair of the National Small Business Association

WAV Group is excited to support our founding partner, Marilyn Wilson Lund in her role as Vice Chair of the National Small Business Association (NSBA). The NSBA is focused on enacting critical access to capital programs, preventing unfair small-business tax penalties, and repealing some of the most potentially damaging laws and regulations that impact small business.

By |2023-02-08T12:42:05-08:00February 8th, 2023|Announcements, Bills and Policies, Industry Observations, MLS Insights, Our Company|Comments Off on Congratulations to WAV Group’s own Marilyn Wilson Lund on becoming Vice Chair of the National Small Business Association
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