broker technology Archives

WAV Group Report on Home Services

Home services offerings beyond real estate sales have the potential to achieve long-term sustainability and stabilization for real estate brokerages. However, undermining this potential for enterprise brokerages are disparate technology solutions that do not seamlessly connect or share consumer data. As a result of this and other factors, many consumers do not take advantage of enterprise brokerage home services offerings because they do not know that they exist. This is a massive, industry-wide problem that does not have a simple solution. In 2013, WAV Group will be working with brokers to design specific strategies and business practices to improve the [...]

By Victor Lund|2018-05-03T21:24:42-07:00January 31st, 2013|Main category, Reports|Comments Off

RE/MAX Expands Marketing Technology Platform: New Integrated Solutions Deliver a “Digital Upgrade” to the RE/MAX Design Center

January 16, 2013 (New York, NY)– RE/MAX agents will be getting a “digital upgrade” to their Design Center with the ability to create mobile-ready Single Property Websites, YouTube enabled videos, and dozens of professionally written marketing campaigns for email, print and mail, and social media. This new suite of products, which will be available to over 70,000 RE/MAX agents in the U.S. and Canada beginning in January, delivers advanced mobile-enabled technology and engaging consumer content to help agents sell more homes and develop their personal brands. RE/MAX agents can use the new automated marketing campaigns to target first-time homebuyers, move- [...]

By Victor Lund|2018-05-03T21:24:42-07:00January 30th, 2013|Broker-Agent Information, Main category, Press Releases|Comments Off

PCMS positions for growth in 2013

Atlanta, GA (January 29, 2013) - PCMS founder and chief visionary, Jose Perez, today announced several key personnel decisions designed to support expansion plans in 2013. The company plans to leverage the success it has experienced since its founding in 2008 to provide a higher level of value and support to its clients and the industry in general. Former Realogy Regional Vice President, June Huber, recently joined PCMS as Vice President of Business Development for the Western United States. Based in Southern California, Ms. Huber brings over 20 years of real estate, mortgage and title experience to PCMS. "I had [...]

By Victor Lund|2018-05-03T21:24:43-07:00January 29th, 2013|Broker-Agent Information, Main category, Press Releases|Comments Off

Time is Running Out!

RE Technology is hosting an exciting 60-minute webinar with Cartavi and DocuSign on: January 29, 2013 at 10:00 am PST, 12 pm CST, 1 pm EST to learn how you can leverage your iPad and become mobile and paperless agent. The presenters of this interactive webinar will show you how to take advantage of the cloud, your iPad and technology such as DocuSign and Cartavi to better serve your clients from wherever you are. Take your business to the next level by saving time, saving money and providing your clients with an exceptional level of service when and where they [...]

By Marilyn Wilson|2018-05-03T21:24:43-07:00January 25th, 2013|Broker Technology Research, Broker-Agent Information, Main category|Comments Off

For CoreLogic, Customer Focus Starts At The Top

CoreLogic is a solid company with solid earnings, low debt, and large cash reserves. As of late, their stock has performed very well. Much of their favor in the markets has been driven by the company’s focus on becoming more customer-centric in their approach to business. In a press release today, the media was provided with a taste of the new CoreLogic business strategy under the leadership of senior company executive, George Livermore. Livermore’s title was previously group executive and executive vice president for the Data & Analytics segment of CoreLogic. Today, George Livermore was named Group Executive, Global Sales [...]

By Victor Lund|2018-05-03T21:24:43-07:00January 14th, 2013|Main category, Press Releases|1 Comment

REALTORS Really Hitting It Off A Few Rows Back On Airplane

PHOENIX—According to sources currently seated in rows 14 through 18 aboard flight 763, two middle-aged REALTORS® are really hitting it off during the trip to Inman in New York. Using terms like “AVM” and “CMA,” the slightly overweight, average-looking men are reportedly engaged in a detailed discussion about overwhelmingly exciting work-related topics and, sources said, seem to be getting along great. “They got to talking as soon as we boarded, and you could tell they just clicked right away,” said 31-year-old Camille Catteano of 16B, adding that one of the men, upon looking up from his REALTOR Magazine™, immediately recognized [...]

By Victor Lund|2018-05-03T21:24:44-07:00December 28th, 2012|Broker Technology Research, Main category|Comments Off

Broker Profitability POD concept

This may be the real future of real estate brokerage. You will need to endure a series of short product stories to understand the POD concept for real estate brokerage. The coffee industry hit a home run with coffee pods. As it turns out, consumers would be happy to pay more for coffee if they do not need to deal with filters, scoops, and cans. The coffee pod industry was able to sell less coffee for a higher price by offering convenience. The pod revolution did not end with coffee. The rather smart dudes and dudettes at P&G took one [...]

By Victor Lund|2018-05-03T21:24:44-07:00December 20th, 2012|Broker Technology Research, Broker-Agent Information, Main category, Strategic Planning|1 Comment

iPad Is What Agents Want For Christmas
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iPad Is What Agents Want For Christmas

Broker Technology Research, Main category, Technology Evaluation

iPad Is What Agents Want For Christmas

2012 was an outstanding year for real estate technology embracing mobile. 2013 will be even better. However, all of this new freedom functionality will be for naught if agents do not buy iPads. In November, WAV Group did a number of research projects that included information about the adoption of mobile in real estate. By our average numbers, 60% of agents now have a smartphone. 40% of agents have a tablet computer like an iPad. We would have served ourselves well to break out the types of devices that agents use by sorting Apple devices from Android devices, but we [...]

By Victor Lund|2018-05-03T21:24:45-07:00December 20th, 2012|Broker Technology Research, Main category, Technology Evaluation|Comments Off

The Role of Mortgage on Broker Dollar
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The Role of Mortgage on Broker Dollar

Broker Technology Research, Main category, Strategic Planning

The Role of Mortgage on Broker Dollar

Only the largest brokerages in a given region provide loan solutions through joint ventures or wholly owned mortgage companies. This provides these companies with a distinct advantage in many areas of providing a full array of consumer services around home ownership. For these companies, it is a generous source of additional revenue and the consumer loves the convenience. The Mortgage Bankers Association reported that independent mortgage banks earned between $2150 and $2450 profit per loan in 2012. The average production profit in basis points ranged between 107 and 120. The average production was between 1700 and 2000 loans per quarter. [...]

By Victor Lund|2018-05-03T21:24:46-07:00December 17th, 2012|Broker Technology Research, Main category, Strategic Planning|Comments Off

Constellation Web buys Birdview and Z57

Constellation Web has been on a buying spree, acquiring two of the nation’s longest standing agent and broker web solutions providers – Birdview and Z57. The Z57 transaction closed on December 3rd. The Birdview transaction closed back in May, but we missed that. Constellation has largely been thought of as a mega broker solution – providing services to many of America’s largest brokerage companies like Howard Hanna, Coldwell Banker Burnett, Shorewest, RealtyUSA and Many others. Here is the Z57 press release TORONTO, ONTARIO--(Marketwire - Dec 3, 2012) -Constellation Software Inc. ("Constellation") (CSU.TO) today announced that its wholly-owned division, Constellation Homebuilder [...]

By Victor Lund|2018-05-03T21:24:46-07:00December 13th, 2012|Broker Technology Research, Main category, Press Releases|1 Comment

Technology Tools Used by Great Office Managers

All too frequently companies focus on broker tools or agent tools, losing sight of the tools used by great managers. Brokers who truly understand the value of office managers dedicate resources to deliver manager tools that drive company success and agent productivity. These tools fold into three categories: Market Analysis, Sales Analysis, and Agent Effectiveness. Market Analysis Tools Market Analysis involves using tools like Terradatum Broker Matrix or Trendgraphix. These tools give office managers access to two specific measurements that are key to success: Competitor Sales Volume and Agent Sales Volume relative to market pace. The first is a competitive [...]

By Victor Lund|2018-05-03T21:24:46-07:00December 10th, 2012|Broker Technology Research, Main category, Marketing, Sales Advisory, Strategic Planning|Comments Off

Watch Your Widgets

There is great leadership thought around the possibilities that may exist for real estate widgets or apps. Very small teams of developers may be able to invent fantastic software that fills a diverse set of niche needs across the real estate industry. One cannot help but to be amazed at the explosion of applications for the iPhone or the Android or other mobile devices. Bringing that type of creativity to the Million-strong real estate community is very viable. Real Estate has the benefit of the economy of numbers – outpacing any other industry beyond teachers (who do not buy anything). [...]

By Victor Lund|2018-05-03T21:24:47-07:00November 28th, 2012|Broker Technology Research, Technology Evaluation|Comments Off