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.
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.
Approximately 75% of MLSs are owned by Associations today. With the history of being launched as a for profit arm of trade associations, MLSs naturally adopted the governance models and board make-up of their parent companies. Here’s why I believe that approach is no longer valid.
Ben Caballero is an improbable and incomparable real estate legend. How can an individual real estate agent based in Texas sell an average of more than 19 homes daily, every day of the week, including Saturdays and Sundays? Again, 19 homes a day, times 365 days last year, would be 6,935 home sales. Ben sold 7,012 homes in 2023. He is the sole listing agent on every sale, verified by every Multiple Listing Service he works with in Texas. He does not work with any other agent or team at HomesUSA.com, the brokerage where he also is CEO and founder. [...]
By Kevin Hawkins with Korey Hawkins | Vol. 2 Post 4 Real AI is a 100% human-created weekly roundup of all things AI in real estate and emerging AI innovations in other sectors likely to impact real estate, posting a new edition every Friday. The magic of the prompt There’s a secret to maximizing the effectiveness of generative AI that every real estate practitioner who uses AI must know above all else: the key to unlocking the best AI has to offer is in your prompts. This is a universal AI truth. It does not matter if you are using [...]
By Kevin Hawkins with Korey Hawkins | Vol. 2 Post 3 Real AI is a 100% human-created weekly roundup of all things AI in real estate and emerging AI innovations in other sectors likely to impact real estate, posting a new edition every Friday. AI survey reveals real estate’s heavy use, wide adoption A brand new study from real estate tech leader Delta Media shows the popularity and use of artificial intelligence (AI) in real estate has become nearly ubiquitous among America's leading real estate brokerages. Today, 75% of America's real estate brokerages already use AI technology, and almost 80% [...]
Small brokerages, which constitute a significant segment of the real estate industry, can benefit greatly from leveraging the MLS to provide meaningful tech support to their agents.
While cutting costs is crucial for immediate survival, strategically pursuing growth can position companies to emerge stronger in the post-recession landscape.
Should you build your first brokerage or consider buying a business that’s already launched? These four questions can help a top-producing agent decide what’s next.
Every broker may require it of their buyer’s agents today. The real question revolves around when it's required.
After a career that spans several decades, I am saddened to see that allegations of sexual harassment are still alive and well in our industry. I would have thought that we could have eliminated these challenges by now. After having completed my Sexual Harassment Prevention training myself just a couple of weeks ago, a program which is mandated by the state of California, it piqued my interest to find out how many states require sexual harassment prevention training. I was shocked to find out that only seven states (California, Connecticut, Delaware, Illinois, Maine, New York, Washington) and the District of Columbia mandate sexual harassment training for some or all private sector employers and employees today.
Renwick Congdon, founder of Imprev, which he sold to MoxiWorks and Vector Capital in November 2019, shockingly passed away a few days ago at just 60 years old. He was my mentor and forever changed my life. As I posted in a comment on Greg Robertson’s Vendor Alley, Renwick was a gentle giant of the business world, a proud leader in EO, and a serial entrepreneur. He was my mentor, and I was blessed to be a loyal Imprevian, having worked for and with Renwick at Imprev for several years. He was a true thought leader of our industry and [...]
