WAV Group Workshop: Getting Proactive to Avoid even More Litigation and DOJ Scrutiny

On Friday, September 20, 2024, Marilyn Wilson of WAV Group summarized the topics she believes the industry needs to proactively address before another round of litigation or regulatory push forces the industry to address them. Using a plethora of WAV Group research studies, Wilson provided balanced data on many topics. She said “I’m not here to provide you answers, but to provide you with comprehensive insights on each of these topics so you can have well-informed discussions in each of your local markets.” 

By |2024-09-23T09:21:03-07:00September 23rd, 2024|Industry Observations, MLS, MLS Insights|Comments Off on WAV Group Workshop: Getting Proactive to Avoid even More Litigation and DOJ Scrutiny

Omni MLS to Focus on New Home Inventory

This development follows the recent settlement with the National Association of REALTORS® (NAR) and underscores Builders Update commitment to fostering robust relationships between agents and builders.

By |2024-09-24T07:19:27-07:00September 19th, 2024|Builders, MLS, MLS Insights, Strategic Planning|Comments Off on Omni MLS to Focus on New Home Inventory

What will be the next costly lawsuit? Join our webinar to discuss the changes we need to consider

WAV Group's Marilyn Wilson will spotlight this critical conversation about the urgent changes needed to safeguard our industry and ensure we're putting consumers first.

By |2024-09-19T06:01:49-07:00September 18th, 2024|Industry Observations, MLS, MLS Insights, Webinars|Comments Off on What will be the next costly lawsuit? Join our webinar to discuss the changes we need to consider

Emerging Issues Advisory Board Reconvening in October to Continue Clear Cooperation and Other Key Policies Discussions

The Clear Cooperation Policy, which mandates REALTORS® to list properties on NAR-affiliated MLSs within one day of signing the listing agreement, is under scrutiny from the Department of Justice (DOJ), which has revived its investigation into the association’s rules. NAR has announced plans to appeal a court decision allowing the DOJ’s inquiry to continue. The discussion has also reached emergency status because of a Clear Cooperation Lawsuit scheduled to go to trial in November. 

By |2024-09-17T13:11:24-07:00September 17th, 2024|Industry Observations, MLS, MLS Insights|Comments Off on Emerging Issues Advisory Board Reconvening in October to Continue Clear Cooperation and Other Key Policies Discussions

REAL AI: What’s your home’s ARV, Apple’s first AI-powered iPhone, AI facts, headlines and quote of the week

By Kevin Hawkins with Korey Hawkins | Vol. 2 Post 37 REAL AI is a human-created weekly roundup of all things AI in real estate and emerging AI innovations in other sectors likely to impact real estate. We post a new edition every Friday, and our free newsletter is delivered to your inbox every Monday What’s your home’s ARV? Revive, a leader in presale renovation, made its uber-cool Revive Vision AI platform accessible to all agents and consumers alike last week. Anyone can now answer the question, "What will be the future value of my home after I make the [...]

By |2024-09-13T08:33:48-07:00September 13th, 2024|Artificial Intelligence, Computer Vision, MLS, PropTech, Real Estate Technology, Technology|Comments Off on REAL AI: What’s your home’s ARV, Apple’s first AI-powered iPhone, AI facts, headlines and quote of the week

5 Ways to Increase Consumer Transparency and Address the Clear Cooperation Crisis

At WAV Group, we are passionate about finding ways to ensure the long-term success of the real estate industry by protecting the best interests of real estate consumers. The on-going spirited debate around the Clear Cooperation Policy centers around different brokerage and MLS beliefs about the ways to serve real estate consumers. 

Could MLS Data and AVMs Create the Next DOJ Antitrust Lawsuit Coordinating Home Price Increases?

What we really see here in the case of RealPage and the MLS is related to many factors that precipitate the trends in the marketplace.

By |2024-08-27T09:42:12-07:00August 27th, 2024|Legal in Real Estate, MLS, MLS Insights|2 Comments

Can’t Miss Webinar: Why are some of the best Association Execs in the business getting fired?

After receiving about my 15th call is as many weeks from a distraught Association Executive telling me they just been fired, mostly for irrational and indefensible reasons, I just had to get my thoughts down to see what we can do to fix this systemic problem. I wrote an article entitled Why are so many of our strongest Association Executives getting fired?, about the ill-fated careers of many amazing Association staff leaders.

By |2024-08-26T05:39:51-07:00August 26th, 2024|Associations, Industry Observations, MLS, MLS Insights|Comments Off on Can’t Miss Webinar: Why are some of the best Association Execs in the business getting fired?

REAL AI: Top AI tools for Realtors, new AI digital sales manager and coach, headlines, fast facts and AI quote of the week

By Kevin Hawkins with Korey Hawkins | Vol. 2 Post 34 REAL AI is a human-created weekly roundup of all things related to artificial intelligence in real estate and emerging AI innovations in other sectors likely to impact our industry. We post a new edition every Friday, and our free newsletter is delivered every Monday. Top AI tools for real estate agents I just got back from speaking at the Florida Realtor Convention in Orlando. The topic was “Top AI Tools for Realtors," and I attempted to pack a plethora of tips into a one-hour session while allowing time for [...]

By |2024-08-25T21:11:23-07:00August 23rd, 2024|Artificial Intelligence, Computer Vision, MLS, PropTech, Real Estate Technology, Technology|Comments Off on REAL AI: Top AI tools for Realtors, new AI digital sales manager and coach, headlines, fast facts and AI quote of the week

The Irreconcilable Conflict Between Settlement Terms and NAR Membership Requirements

Now that the attorneys have been awarded nearly $1 billion, I believe we are going to see a lot more attorneys come out the woodwork to try to find additional vulnerabilities in our policies and procedures/traditions. I believe the attorneys and DOJ are just getting warmed up. Here’s one potential vulnerability that keeps me up at night….

Do you really want to FORCE Agents to Join Your Association?

Since the Biden Administration announced their priority to “un-tie” real estate 4 years ago, I have been urging my MLS clients to get serious about opening up their subscription services to all licensees. 

By |2024-08-14T06:30:56-07:00August 15th, 2024|Associations, MLS, MLS Insights|Comments Off on Do you really want to FORCE Agents to Join Your Association?

How Volunteer Leaders can Avoid Inadvertently Firing Top Notch Association Executives

Today brokerages representing over 600,000 agents cannot or will not require NAR membership because of their proposed lawsuit settlements. Whether from litigation, DOJ rulings or the belief from brokerages (especially the $2 billion crowd) that NAR let them down, it is anything but business as usual right now. All Association leaders need to be open to new ways to doing business to be able to ride out this storm. Forward-looking, strategic AE’s recognize these vulnerabilities. They are effectively partnering with their volunteer leaders to push the envelope, eliminating outdated or poorly attended programs and focusing their attention on preparing for future scenarios that may be foisted on the industry from lawyers, the DOJ or some other unknown threat.

By |2024-08-13T12:03:46-07:00August 13th, 2024|MLS, MLS Insights, Strategic Planning|1 Comment