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This paper addresses the impact of allowing indexing of IDX listings and the unclear language in the NAR policy.
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Site licenses have created a circumstance where the many (all MLS subscribers or brokerage agents) are paying for services used by the few that use a service.
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Your MLS organization is not immune to the “new normal.” Remote work was a growing trend before the pandemic made it an essential part of day-to-day operations for the industries that could manage it. Now that vaccines are available and COVID-19 protocols are changing, the question that many industries are dealing with is whether they should continue to work remotely or not. The real estate industry is one that was able to successfully navigate the pandemic shut downs and now must answer the reopening question. WAV Group has surveyed over 100 MLS and associations about how they are evaluating and answering this very important question that will shape the new normal for years to come.
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WAV Group - 2024 Brokerage Technology Roadmap. In this comprehensive four-part report, we map out the essential technology tools and integrations needed for brokerages to compete effectively against industry giants and technology-driven firms. The roadmap starts with essential customer centric website features and takes your business through the backend data management your team is looking for to be successful.
Gain actionable insights to propel your brokerage forward in 2024 & beyond.
Purchased separately is a $200 value - Now for just $50
Part 1: We map out the essential website tools needed for brokerages to compete effectively against industry giants and technology-driven firms. These include parcel-centric databases, MLS VOW, and a strategic website topology strategy. Part 2: We focus on the pivotal role of the company intranet in driving agent adoption and productivity, offering invaluable tips on email integration, single sign-on functionality, and commission payment portals. Part 3: We explore the complexities surrounding data collection policies, storage solutions, API management, data visualization, and reporting procedures tailored to real estate brokerage management teams. Part 4: Finally we provide invaluable insights into agent technology adoption and the systems that you can implement to maximize your investment in technology. -
As a sailor, I can tell you that a rudderless boat is hard to steer. It takes a lot of expert sail trimmers to keep control of the boat. From my perspective, Listing Syndication is a rudderless boat with bad trimmers, and the boat is way off course.
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The 2021 WAV Group Transaction Management Interoperability Study revealed brokers have strong interest in the ability for Digital Transaction Management systems to pass data seamlessly for the brokerages representing two sides of a transaction. Today, brokers have to enter data in as many as 9 or 10 systems, creating inefficiency, added cost and increased chances of inaccurate data. According to the study, nearly 3/4 of brokers would like to enter data into one system, either at the MLS or brokerage, and then seamlessly pass the information to other systems. Use Promo Code: WAV2022 through the end of the year to get free access to this report.
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The WAV Group 2023 Brokerage Technology Study is a comprehensive survey that provides insights about the impact and perceived business generation value of their respective technology suites. This report is an essential resource for brokers and MLSs looking to stay ahead of the competition by improving their technology solutions, addressing issues with data integration, and increasing technology engagement. This study covers technology offerings, satisfaction, perceived value, interoperability, and technology awareness and engagement. The 2023 Brokerage Technology Study is now available for purchase, providing access to valuable insights and actionable recommendations that can help drive business growth. Don't miss out on this opportunity to gain a competitive edge in the real estate market. Order your copy of the WAV Group 2023 Brokerage Technology Study today! For a look at how technology trends have changed, previous editions of the WAV Group Brokerage Technology Study can be found found here: 2014 WAV Group Brokerage Technology Study 2010 WAV Group Brokerage Technology Study
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Real estate brokers often juggle an overwhelming number of commission plans, resulting in what WAV Group calls “Compensation Complexity Syndrome.” This issue not only complicates financial management but also impacts profitability. WAV Group’s whitepaper introduces “Commission Analysis as a Service” (CAaaS), a data-driven solution designed to streamline and optimize commission plans. By leveraging the Commission Analysis Prediction (CAP) tool, brokers can consolidate plans, aligning agent compensation with performance while improving the brokerage’s bottom line. This whitepaper outlines the five key scenarios where CAaaS provides critical insights, including mergers, market expansions, and recruiting strategies. Through case studies, it demonstrates how consolidating commission structures can increase revenue without disrupting agents. Discover how CAaaS can transform your commission management, enhance profitability, and maintain agent satisfaction. Download now to explore actionable strategies tailored to today’s competitive real estate market. Use promo code “CAP” at checkout for a free copy.
