CMLS News: Clareity Safe Syndication and RED reDataVault

Today, October 4th, 2011 two vendors announce separate but complementary solutions leading up to the Council of MLS conference: CMLS. Both companies issued press releases of software that effectively works together to handle data syndication. Safe Syndication is a new product launch and reDataVault is a 2.0 release. Both reDataVault and Safe syndication have similar goals in mind – they both seek to support MLSs in managing data outside the walls of the MLS. reDataVault actually distributes data, Safe Syndication does not..  reDataVault goes a bit further by automating the process of managing RETS/IDX/VOW/DataLicense agreements. Safe Syndication has a document repository, but is not a transaction [...]

By |2018-05-03T21:25:26-07:00October 4th, 2011|Main category, MLS Insights|Comments Off on CMLS News: Clareity Safe Syndication and RED reDataVault

News from Property Panorama and Trulia

Property Panorama as appointed real estate industry veteran Mike Barnet as its new CEO, and Trulia releases information about the source of inaccurate data on their website today. Property Panorama was not specific in outlining the reasons for changing their leadership, but a new captain is at the helm. Barnet joined the company as the CIO about a year ago, and has been working to lead the charge to take the popular virtual tour solution to a higher level. Property Panorama was a unique offering in the industry when it launched its MLS Data Powered automated virtual tour creation program. Today solutions [...]

By |2018-05-03T21:25:26-07:00October 4th, 2011|Broker Technology Research, Main category, Marketing|1 Comment

Real Estate Digital Spins Out of LPS Real Estate Group

Real Estate Digital (or RED), announced a management buy-out of select assets of LPS Real Estate Group and the formation of the new company. RED, the new privately-held corporation, will focus on the support of 12 core technology products offered to the real estate industry today: rDesk® Websites, rDesk®  CRM, rDesk®  CMA, rDesk®  IDX, Real Estate & Living Media®, reDataVault, TransactionPoint®, DocCentral, FormCentral, Data Aggregation System, Neighborhood and School Reports and MLS Portal. Executive leadership of the company includes current LPS Real Estate Group President Jay Gaskill, CTO John Hensley, CSO Prem Luthra, and CFO Mike Kovar. The company expects [...]

By |2018-05-03T21:25:29-07:00September 14th, 2011|Broker Technology Research, Broker-Agent Information, Main category, MLS Insights, Press Releases, Strategic Planning|Comments Off on Real Estate Digital Spins Out of LPS Real Estate Group

National Representative for Listing Copyright Infringement

I read a funny story over the weekend that embarrassed a rather “less than upstanding” member of the legal community representing newspapers in copyright infringement cases. I will recap that story in a minute, but it did make me think about a few rather important comments made by Brian Larson of Larson/Sobodka at recent conferences. I cannot paraphrase Larson effectively, but summarize that he believes that MLSs should take the issue of Copyright infringement very seriously. (Larson and other legal colleagues are sure to be discussing this at the Legal Symposium as part of the upcoming CMLS Conference). MLSs need [...]

By |2018-05-03T21:25:29-07:00September 12th, 2011|Main category, MLS Insights|Comments Off on National Representative for Listing Copyright Infringement

Trulia launches Trulia Estimates

WAV Group spoke to Trulia to gain a preliminary glimpse into the new product offering that launched today. The areas covered in the beta include five San Francisco Bay area counties including San Francisco County, Marin County, San Mateo County, Santa Clara County and Contra Costa County. Trulia indicates that they have been working on developing their property estimate algorithm from scratch internally, leveraging the strengths of their data team and property scientists. The company has been benchmarking the effectiveness and accuracy across multiple commercial and consumer AVM solutions for many months to gain confidence in the quality of the [...]

The new Homes.com

Homes.com launches a game changer If you look around the real estate industry, there is always a quiet giant tending to its business and moving along steadily without rocking the boat too much. Unless you were on vacation this week, you saw a flurry of press releases, blog posts, twitter posts, facebook messages, and Linkedin message about the release of Homes Connect and the demise of the AdvancedAccess brands. As a consultant, I watched in yearning as Dominion acquired nearly a dozen real estate technology brands. From the beginning, it seemed logical. Dominion was a publishing company, the biggest in [...]

By |2018-05-03T21:25:31-07:00August 18th, 2011|Broker Technology Research, Main category|2 Comments

AOL-MOVEing in on property portals

Large consumer search portals like Google, Yahoo, and AOL have had an interesting, if not mystical strategy toward real estate. Today, AOL made an announcement to become a syndication channel for real estate listings. Perhaps AOL is going against the grain, or perhaps they finally found a great partner who made it easy for them to get enough quality listings on their site to make it a viable search solution for property. In today’s announcement, AOL Real Estate search will be powered by Move through the ListHub Syndication Network. No doubt, the strategy for AOL and Move fits. Both companies [...]

By |2018-05-03T21:25:31-07:00August 17th, 2011|Broker Technology Research, Main category, MLS Insights|Comments Off on AOL-MOVEing in on property portals

Purpose Built Data for Listing Syndication

Over the past three years, I have spent time with listing publishers, real estate brokers, MLS executives, and real estate agents collecting information on the strengths and weaknesses of listing syndication. At the core of these conversations was the topic of data quality, terms of use, the value of the listing, the effectiveness of online marketing, and overlapping syndication disorder. Without dissecting each issue, suffice it to suggest that listing syndication is not meeting the needs of todays stakeholders. The systems in place today need to evolve to meet everyone’s needs. This article will suggest that IDX data was not built for [...]

By |2018-05-03T21:25:32-07:00August 11th, 2011|Broker Technology Research, Main category, MLS Insights, Product Management, Suveys and Research|Comments Off on Purpose Built Data for Listing Syndication

REALOGY to become Syndication Site

At the Inman Data Summit, many of the hot topics concerning MLS and broker data policies were rehashed. Perhaps the most radical statement of the conference came from Bob Bemis, CEO of the Phoenix area MLS (ARMLS) “Scrap all IDX rules and use the Code of Ethics and State Law to guide data policy.” I believe that he gave credit to Marty Frame of RPR for originating the idea. Aside from that rather far fetched thesis, insight was shared by two of the members of the NAR MLS Policy committee on the possible outcome of the Franchise IDX issue. Rather [...]

By |2018-05-03T21:25:33-07:00July 27th, 2011|Broker Technology Research, Main category, MLS Insights, Strategic Planning|Comments Off on REALOGY to become Syndication Site

Googles Next Step in Real Estate Search

Google Real Estate Last July, search and technology giant, Google announced an agreement to acquire ITA Software for around $700 Million. ITA software is a company that cut its teeth in the travel industry powering websites like Orbitz and Kayak. Google has been struggling with supporting consumers in real estate search for many years. They have had many fits and starts, including Google Base. With Google Base, the company tried to aggregate listing data and sort it out. Google Base was a failure and they shut it down. Now with ITA Software, Google may be back on track with [...]

By |2018-05-03T21:25:38-07:00June 25th, 2011|Broker Technology Research, Main category, Technology Evaluation|Comments Off on Googles Next Step in Real Estate Search

The Era of Listing Syndication Security

We have entered a new era in real estate called the Era of Listing Syndication Security. Listing Syndication Security is a technology solution that solves many of the legal and technical concerns related to sending listings to third party websites (Zillow, Trulia, et al) in the form of advertising. WAV Group has published numerous papers on the topic over-viewing the key issues of Terms of Use, Accuracy of Online Listings, Indexing, and so forth. Since its inception 4 or 5 years ago, Listing Syndication has been fraught with business problems typical of any circumstance where many people are sending information [...]

By |2018-05-03T21:25:41-07:00May 6th, 2011|Broker-Agent Information, Main category, MLS Insights|Comments Off on The Era of Listing Syndication Security

Listing Syndication 2.0

WAV Group is releasing this thesis to establish a conversation about how listing syndicaiton can be improved to allow third party websites to continue their effective job as a marketing tool for broker listings. We welcome your comments. To begin downloading the paper with our compliments, please click here  

By |2018-05-03T21:25:45-07:00April 5th, 2011|Broker-Agent Information, Main category, MLS Insights|Comments Off on Listing Syndication 2.0