California MLS Data Sharing Update

California Regional MLS and MLS Listings have reached an agreement to share MLS listing data. This is an important signal of MLS strategy in California for a number of reasons. These MLSs are planning to share data by sending data to each other for display in each other’s system and use by each other’s subscribers without the need to belong to both MLSs. Previously, CRMLS only pursued data sharing through CARETS™, a hub and spoke data share product developed by MRIS. Through this new sharing agreement with MLS Listings, CRMLS now has adopted three initiatives to create a statewide MLS [...]

By |2018-05-03T21:24:12-07:00May 9th, 2014|Main category, Press Releases|1 Comment

RED Real Estate Digital and Cerulean Acquired by Nationstar

Real Estate Digital Acquisition In May, Solutionstar entered into a definitive agreement to acquire substantially all of the assets of Real Estate Digital and its affiliate for $18 million in cash. RED, based in Aliso Viejo, California with 120 employees, is a fee-based real estate services company that provides online marketing, data, transaction management and digital media solutions. The acquisition price represents a 0.7x multiple on RED's estimated full year 2014 revenue. The acquisition is expected to close in the second quarter of 2014 at which time Solutionstar will assume RED's management team and employees. In online marketing, RED has [...]

By |2018-05-03T21:24:12-07:00May 8th, 2014|Press Releases|Comments Off on RED Real Estate Digital and Cerulean Acquired by Nationstar

Gurtej Sodhi Appointed Chief Strategy Officer of Crye Leike Group of Companies

Longtime chief information officer, Gurtej Sodhi has been appointed to the senior business leadership of the Crye Leike Group of Companies. His new title strings together Chief Information and Strategy Officer, and Corporate Executive Vice President. This new position at one of America’s leading brokers signals a new strategic direction for large firms. Sodhi’s responsibilities will reach over all of the Crye Leike companies including residential real estate, commercial real estate, mortgage, title, insurance and various other business units. “Information management is changing quickly in real estate and large firms with diverse business units require top level oversight to integrate [...]

By |2018-05-03T21:24:13-07:00May 6th, 2014|Main category, Press Releases|1 Comment

Transaction Management Update

WAV Group performed Transaction Management research in 2005 and in 2009. The goal of the research was to survey trends in Transaction Management adoption. On Wednesday of this week, RE Technology will be hosting a candid conversation with DocuSign’s lead Transaction Management Vice President, Glenn Shimkus. There will be a 30 minute discussion of today’s Transaction Management challenges and a 15 minute overview of their new enterprise solution (They have had an agent solution for some time now). Here is the webinar information – please join us! Brokers: Accelerate Your Business with DocuSign for Real Estate RE Technology invites you [...]

Swanepoel Trends Report Book Review

If you buy one book this year, make it the Swanepoel Trends Report. It is excellent. Swanepoel took a different approach to his annual report this year and its brilliant. Swanepoel outlines 10 topics and invites industry leaders to write a page or two about their impression. At the end of the chapter, he wraps it all up into a summary. Gary Keller on Change and Innovation states that there ”is a battle over who will provide the public with their listing data….brokerages are beginning to realize that if they don’t step up and become the solution they will at [...]

By |2018-05-03T21:24:17-07:00February 4th, 2014|Main category, Press Releases|2 Comments

What Does the State of the Union Address Mean for Small Businesses?

As some of you may know I was recently appointed as a Trustee to the National Small Business Administration. One of the reasons I am thrilled to serve with this group is their stated non-partisan approach to evaluating and influencing policy. If any of you have suggestions about ways you believe the Federal Government can better serve the needs of your small business please pass them my way.  I would love to represent your ideas to the NSBA. As part of my appointment, I now have the privilege of receiving regular communications helping me and thousands of other small business [...]

By |2018-05-03T21:24:17-07:00January 30th, 2014|Main category, Press Releases|1 Comment

Cartavi Adds Gusto to Version 3.3

Since being acquired by DocuSign, Cartavi has been working away at developing the golden triangle of the real estate document management echo system: Forms, Signature, and Storage. Better yet, they focus on making it happen on mobile first. Before this new release, signing a document was kind of clunky. You had to open your document in DocuSign, add signatures, sign it, then pull the completed document back into Cartavi. Now, you can sign any document right inside of Cartavi using DocuSign Ink. New Integrations They took a complicated workflow and narrowed it down. When you look at a document today [...]

By |2018-05-03T21:24:18-07:00January 20th, 2014|Broker Technology Research, Broker-Agent Information, Main category, Press Releases, Technology Evaluation|Comments Off on Cartavi Adds Gusto to Version 3.3

Marilyn Wilson Becomes Trustee of the National Small Business Association

WAV Group is excited to announce that founding partner, Marilyn Wilson has joined the Board of Trustees for the National Small Business Association (NSBA).  In its rich, 75-year history, NSBA has made significant strides in advocating for small businesses. From its humble beginnings under founder DeWitt Emery, a small-business owner who aimed simply to make a difference, to today with the broad, national presence as the leading small-business advocacy group, NSBA fights daily for Mr. Emery’s mission to make a difference for America’s small businesses. “I am excited to join such a dynamic group of trustees who guide the Association [...]

By |2018-05-03T21:24:18-07:00January 13th, 2014|Our Company, Our Services, Press Releases|6 Comments

How to Combat Misinformation About the Real Estate Market

Every day real estate agents and brokers have to battle a consumer who has built their beliefs about trends in the market, from prices to home value, on misinformation. The only way to combat this is to be more vocal with the correct information for today's home buyers. Previously there have not been tools available, but CoreLogic has tied together MLS data with the public record information to create a better forecast of the real estate market. WAV Group founding partner, Victor Lund is set to moderator an upcoming webinar to educate on the topic. This webinar invites Ed Finlan [...]

By |2018-05-03T21:24:19-07:00January 13th, 2014|Main category, Press Releases, Strategic Planning|Comments Off on How to Combat Misinformation About the Real Estate Market

Howard Hanna and William E Wood Join Together

In a press release today, Howard Hanna and William E Wood have reached an agreement whereby Howard Hanna has purchased William E Wood. The Hanna family of companies now reaches from Michigan through Ohio, down through Pennsylvania extending into Virginia and the Carolinas. Following their successful acquisitions of the past with Smythe Cramer, Realty One, Edward Surovell Realtors and others. They do not have any plans to make changes at William E. Wood. The executive team will remain in place along with the brand. William E Wood is a great company and the Hanna's intended to work hard to keep [...]

By |2018-05-03T21:24:19-07:00January 9th, 2014|Broker Technology Research, Main category, Press Releases, Strategic Planning|Comments Off on Howard Hanna and William E Wood Join Together

Swanepoel Publishes Power 200 List of RE Executives

Stefan Swanepoel is best known for his engaging conference lectures and the running line of Swanepoel Trends Reports that has published since 2006. This year, Swanepoel partnered with Rob Hahn, Chris Nichols, Kelly Mitchell, Michael McClure, Susan Browne, Michael Krisa, and Shannon Musgrove to produce a new publication called the Swanepoel Power 200, The most Powerful People In Residential Real Estate in 2013. These types of lists were made famous by Forbes Magazine, the publisher who releases 52 Top lists a year, including Rich Lists, Top Companies, People, Investing, Places, Sports, Technology, and Education. I spoke with Swanepoel for a [...]

By |2018-08-20T06:12:08-07:00January 9th, 2014|Main category, MLS Insights, Press Releases|Comments Off on Swanepoel Publishes Power 200 List of RE Executives

NAR REach Program Accepting New Applicants

Here is a note from Constance Freedman, Managing Director of NAR's venture capital arm, Second Century Ventures. If you have a business that would benefit from NAR support, be sure to submit your application. It is an online process at www.narreach.com On 01/06/14 12:42 PM, Constance Freedman wrote: -------------------- Friends, Applications for NAR’s 2014 REach™ class are now open - please help us spread the word! REach™ is a strategic accelerator launched last year in conjunction with the National Association of Realtors® to help great technology companies gain access to the $1 trillion real estate industry. The opportunity for companies to [...]

By |2018-05-03T21:24:20-07:00January 6th, 2014|Broker Technology Research, Broker-Agent Information, Main category, MLS Insights, Press Releases|Comments Off on NAR REach Program Accepting New Applicants