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Navigating Fair Pricing for Open MLS Access As discussions intensify around expanding MLS access to all licensees—driven by recent lawsuits—many associations and MLSs are reevaluating their pricing structures. While some are moving toward equitable pricing for REALTORS® and non-REALTORS alike, others are setting much higher fees for identical services. This approach raises significant compliance and fairness questions, especially under the new NAR Anti-Trust Settlement. Avoiding Price Discrimination with Open MLS Subscriptions from WAV Group offers a best practices guide for associations to structure fair, justifiable pricing. This resource provides clear steps to document any additional service costs and avoid potential antitrust risks. Download the Guide Today and make informed decisions that protect your organization and promote inclusivity across your market. Use promo code "MLSpricing" at checkout for a free copy.
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General Data Protection Regulation (GDPR) compliance crisscrosses every business in the real estate industry. Yes, it’s another acronym and it is not tech driven. Well, almost not tech driven.
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Increase your agent product engagement with WAV Group's 2024 Brokerage Technology Roadmap Part 4: Training and Support. In this final installment, we provide invaluable insights into agent technology adoption and the systems that you can implement to maximize your investment in technology. Learn how to effectively communicate product updates and enhancements to ensure maximum user engagement. Explore best practices for training programs that drive adoption and productivity across your organization. Elevate your brokerage's technology game by downloading the full report today and gain valuable insights to enhance user experience and drive software adoption. Gain actionable insights to propel your brokerage forward in 2024 and beyond.
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Unlock the power of data with WAV Group's 2024 Brokerage Technology Roadmap Part 3: Data Management. In this comprehensive report, we provide invaluable insights into crafting a robust data collection policy and strategy tailored specifically for real estate brokerages. From leveraging diverse methods of data collection to ensuring compliance with international standards like GDPR and CCPA, this report equips you with the tools and knowledge needed to enhance operations, improve decision-making, and foster trust among stakeholders. Navigate the complexities of data security, privacy, and licensing agreements with confidence, guided by industry-leading expertise. This report is your roadmap to success in the data-driven landscape of real estate. Download your copy today and chart a course towards sustainable growth and innovation. Gain actionable insights to propel your brokerage forward in 2024 & beyond.
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Stay ahead of the competition with cutting-edge real estate technology with WAV Group’s 2024 Brokerage Technology Roadmap. In our second report of a comprehensive four-part series, we map out the essential ingredients for an effective company intranet. A well appointed intranet is the gateway to increased agent adoption of the tools your business offers them and can lead to increased productivity and profitability Discover the key components such as email integration, single sign-on, and commission tracking along with several other recommendations for you to get the most out of your Brokerage technology stack. Gain actionable insights to propel your brokerage forward in 2024 & beyond.
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Are you ready to gain invaluable insights into the evolving landscape of Fair Housing in the real estate industry? Look no further. Our comprehensive report delves deep into the experiences of recent home shoppers, shedding light on their homebuying journey and uncovering instances of discrimination. In this insightful report, real estate agents and brokers will discover the frustrations faced by buyers, particularly in multiple-bid scenarios. Learn how to navigate these challenges effectively while safeguarding your clients from potential Fair Housing issues. One striking finding from our survey: A substantial 38% of respondents felt they encountered discrimination during their recent homebuying attempts. This statistic underscores the urgency of addressing Fair Housing concerns within the industry. Don't miss out on the opportunity to enhance your knowledge and make a positive impact. Take action today by downloading the 2023 WAV Group Fair Housing Survey Report. Equip yourself and your agents with the information and strategies needed to create a more inclusive and equitable real estate experience for all. Download now and be part of the change!
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Ocusell is a new technology firm that is solving an old problem for the real estate industry. Learn more about their solution by using the free coupon code - Ocusell
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Stay ahead of the competition with cutting-edge real estate technology with WAV Group’s 2024 Brokerage Technology Roadmap. In our first report of a comprehensive four-part series, we map out the essential website tools needed for brokerages to compete effectively against industry giants and technology-driven firms. Discover the key components, including parcel-centric databases, MLS VOW, data aggregation, Elasticsearch for enhanced property searches, and a strategic website topology strategy. Gain actionable insights to propel your brokerage forward in 2024 & beyond.
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This paper will provide you with an understanding of the emergence of standards adoption from three different classes of our industry the brokerage class (Upstream, Dash), the MLS vendor class (Trestle™, Spark, The Grid ), and the technology vendor class (Bridge, Listhub).
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WAV Group Report 2024 - How Buyers Feel About Working With Agents As the real estate industry undergoes transformative changes precipitated by numerous lawsuits, prospective homeowners are increasingly questioning the traditional practice of engaging a buyer's agent. This report emphasizes the importance for agents to effectively communicate the value they bring to the table during the home purchase process. Key Takeaways: Clarity in Documentation: The study highlights a significant opportunity for agents to enhance buyer satisfaction by providing greater clarity around disclosures and paperwork. By actively guiding buyers through the intricate documentation required to purchase a home, agents can demystify a complex area that often leads to confusion among buyers. Time Investment Transparency: One notable finding is the lack of clear understanding among buyers regarding the time and effort invested by their agents in supporting their home purchase endeavors. The report sheds light on the importance of agents articulating and showcasing the behind-the-scenes work they undertake to streamline the buying process and secure the best outcomes for their clients. In a real estate landscape poised for change, the ability of agents to adapt and effectively communicate their value proposition becomes paramount. The report offers valuable insights for agents looking to navigate the evolving buyer-agent relationship successfully. In an environment where transparency and communication are key, agents who can address buyer concerns and showcase their expertise are positioned for success in the future real estate market.
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Losing Top Agents and Teams to Disruptors? - Learn how Daniel Gale Sotheby's International Realty uses data to fight back!
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A New Definition of Professionalism was written to demonstrate how using verified sources for square footage can increase your Professionalism and reputation.
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WAV Group polled home buyers to better understand their perspectives about real estate commissions and the value their real estate agents deliver to them. The report explores homebuyers’ awareness, understanding and appreciation of how commissions work when buying a home. What is clear from the data is that buyers understand more of the process than they are often given credit for. Furthermore, transparency and consistent communication between agents and buyers led to higher levels of satisfaction.
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The Homeowners Under Management "Client for Life Reimagined" white paper, focuses on revamping the real estate industry's approach to retaining clients. Repeat and referral business plays a crucial role in the success of many real estate businesses, yet the emphasis on generating leads and conversions has often detracted from fostering strong agent-homeowner relationships, leading to low retention rates. This white paper delves into the crucial steps that can be taken to break away from the traditional transactional cycle and maximize the value of each client throughout their lifetime. Whether you are an individual agent or part of a brokerage, the strategies outlined in this paper can help you establish long-lasting, meaningful connections with your clients.
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WAV Group is thrilled to present its latest report on the current state of AI adoption in the residential real estate industry, with a specific focus on ChatGPT. As buzzwords like AI and ChatGPT continue to dominate industry conversations, WAV Group set out to provide a comprehensive snapshot of how this technology is being embraced within the industry. To gather valuable insights, we conducted an extensive online survey targeting real estate agents, brokers, association members, and MLS staff. Through their responses, we discovered compelling examples of how agents are already harnessing the power of ChatGPT, and we're excited to showcase these use cases in our report. By exploring the innovative ways in which ChatGPT is utilized, you'll gain practical knowledge that can help you join the ranks of early adopters. We've also compiled a curated collection of the finest real estate technology companies that have integrated this transformative technology into their products and services. From powering cutting-edge features to driving innovative solutions, these industry leaders serve as shining examples of how AI, and particularly ChatGPT, can revolutionize the real estate technology landscape. Join us as we delve into the realm of AI in real estate, uncovering its current applications and paving the way for future possibilities. Be part of the movement by accessing our report and unlocking the immense potential that ChatGPT holds for your real estate endeavors. Use promo code “ChatGPT” at checkout to download your free copy.
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Homebuyer Frustration Report Even under the most ideal purchasing conditions, buying a home can be a stressful process. The Homebuyer Frustration report asked homeowners who purchased during the post-pandemic housing market what caused them the most stress. It revealed many factors of stress that were particularly heightened during the recent seller’s market. Plus the report indicated that there were certain stressors that seemed to lead to not just buyer frustration but buyer’s remorse. Get the full report now to see how you can help your client’s avoid common areas of frustration.
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In this paper WAV Group provides an overview and analysis of the five key tools available today to enable MLSs to provide Data Distribution Services: Trestle (CoreLogic), Spark (FBS Data), Bridge Interactive (Zillow Group), The MLS Grid, and MLS Aligned.
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"Coming Soon" is referred to as the time between the signing of a listing agreement with a seller and the go- live date in the multiple listing service. The National Association of REALTORS® MLS Policy does not provide a Coming Soon option, however this business practice is common in many market areas and a wide number of MLSs have a Coming Soon Policy today.The purpose of the WAV Group Coming Soon Policy Study is to help MLSs reflect the perspectives of brokers and agents in shaping Coming Soon policies.
Please download this white paper to review the considerations.
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The member leadership of the National Association of REALTORS® will be considering a policy change related to MLS designed to eliminate pocket listings. The policy is 8.0 - called the Clear Cooperation policy. This topic was discussed in great detail at the 2019 Council of MLS meetings and met with widespread industry support.
A number of brokers have developed innovative platforms for sellers that fall under a commonly understood policy called Coming Soon that may be wiped out by this new policy change. This has many in the industry concerned about repercussions the 8.0 policy change could have for these coming soon programs.
Please download this white paper to review the considerations.
