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.
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.
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.
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 [...]
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.
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.
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 [...]
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.
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.
A conversation with Brad Inman and RFK Jr. – A Key Highlight of the Inman Connect Conference
As the current chair of the National Small Business Association, the oldest non-partisan small business advocacy organization in the U.S., I was thrilled to see RFK Jr. express so much passion to provide support for small businesses to make it easier for all of us to survive and thrive. So, what did I learn from this fascinating session? It’s truly hard to summarize it, but I’ll highlight some of the points that stuck out the most for me.