MLS Fair Input Guidelines

Mitch Skinner of the law firm, Larson Skinner did a wonderful post on their website that drafted a framework around MLS Fair Input Guidelines. This is a major topic for our nation’s MLSs and it is time for collaboration and thought leadership. Let me begin by complimenting Skinner on his efforts. If you have not seen the post, you may want to buzz over and look at A Conversation About Fair Input Guidelines before contemplating this article. My hope is that this will be on the agenda at the upcoming fall conference of the Council of MLS in Orlando, hosted by My Florida Regional MLS.

By |2018-09-18T06:57:56-07:00September 17th, 2018|Uncategorized|Comments Off on MLS Fair Input Guidelines

RENT Conference in Paris – Real Estate and New Technologies Conference

WAV Group partner, Victor Lund will be traveling to Paris again this year for what has become an annual journey to share and learn with our European counterparts in real estate. The conference is being held October 3rd and 4th. 

By |2018-09-17T14:33:15-07:00September 17th, 2018|Broker-Agent Information, Main category, Technology, Technology Evaluation|Comments Off on RENT Conference in Paris – Real Estate and New Technologies Conference

Nearly 80% of Large Brokers are Expanding and They’re Demanding Standardized Data

If you believe that brokers are not engaged with RESO or data standards, think again. According to the recently published 2018 RESO Broker Survey, nearly 80% of brokers are either considering expansion or are in the midst of expanding into new regions. 

By |2018-09-17T14:37:35-07:00September 10th, 2018|Uncategorized|Comments Off on Nearly 80% of Large Brokers are Expanding and They’re Demanding Standardized Data

Compass is Really a Branding Agency For Agents

In the media, you hear that Compass is a traditional brokerage driven by incredible technology that gives their agents an advantage in the marketplace. Frankly, I have registered for Compass’ website and mobile apps as a consumer and have not experienced anything extraordinary yet. We will continue to watch how they evolve their technology. It takes a very long time to do this, especially if you are trying to keep up with the data integrations driven by their market growth. Compass has Ori Allon as their Founder and Chairman. He founded Orion (search algorithm company acquired by Google), and Julpan (a product that analyzes social information on social media, acquired by Twitter). We have not seen Compass reinvent real estate search or do anything that integrates advanced social integrations yet. But it is part of the founder’s DNA. I am looking forward to what they bring to market.

By |2018-08-28T05:58:55-07:00August 27th, 2018|Uncategorized|2 Comments

Real Estate Teams Influence is Powerful, Growing, Studies Shows

REAL Trends, in collaboration with BoomTown, dotloop, and ERA Real Estate, in 2016 to conduct a terrific study of real estate teams. Called The Real Estate Teams Playbook, perhaps real estate’s most comprehensive look at teams, REAL Trends said it surveyed or interviewed thousands of real estate professionals “to understand the foundation and characteristics of today’s most successful teams.”

By |2018-08-20T13:46:32-07:00August 20th, 2018|Uncategorized|4 Comments

CRMs Innovate with Coaching Integration

Customer Relationship Management platforms going through a massive revolution today, and real estate teams, agents and brokers are taking notice. Leading CRM firms are programming the stock content and action plans to align with popular coaching techniques.

By |2018-08-22T12:08:37-07:00August 20th, 2018|Broker-Agent Information, Clients, Main category|Comments Off on CRMs Innovate with Coaching Integration

Moxiworks Refutes Compass’ Claims Regarding Technology and Market Share

Wow, just saw this and just HAD to comment. It’s rare that we see brokers go at each other so publicly about their competitive claims, but I have to say this letter is pretty interesting. The real estate industry is rife with hyperbole and marketing claims. Our industry’s preference of opinion over fact is one of the main reasons I started a research practice within WAV Group. The birth of business intelligence is allowing brokerages new ways to substantiate or refute claims like the article from Moxiworks shown below. Moxiworks is using MLS data married with BI tools to refute [...]

The Best Inman Connect Moments

Flying back to Seattle from San Francisco gave me a couple of hours to reflect on Inman Connect SF. When I bumped into founder Brad Inman mid-way through the event, he looked at me and said with a proud smile and on his face and in his eyes, “It reminds you of the original Connects, doesn’t it?” It sure did.

By |2018-08-04T18:18:13-07:00July 22nd, 2018|Main category|1 Comment

Time for Vendors to Integrate With Upstream

This may be one of the most redefining moments in the history of real estate technology. Technology vendors who wish to make their products available to Upstream brokers and franchises must connect to the Upstream today. Upstream does not charge vendors to use the service.  I would like to invite you to learn about Upstream during a webinar that we are hosting on RE Technology on Wednesday, August 1st.  Because of the capacity limitations on our GoToWebinar service, we may only allow the first 1000 to register. P

By |2018-08-04T18:40:40-07:00July 19th, 2018|Main category|Comments Off on Time for Vendors to Integrate With Upstream

Inviting Peers To MLS Boards of Directors

The role of a member of an MLS Board of Director is multifaceted, but divided in part to areas around voting control, and in part around strategic guidance. A trend emerging at the largest MLSs in the nation is to invite outside directors into the board room.

By |2018-07-08T16:00:23-07:00July 8th, 2018|Main category, MLS Insights|Comments Off on Inviting Peers To MLS Boards of Directors

Zillow May Have Finally Justified Listing Syndication

Real Estate is a fickle industry, cycling back and forth from favoring buyers to favoring sellers. It does not take an economist to develop a strategy for when to advertise for buyers and when not to. Certainly, real estate is in a condition of buyer saturation today. Brokers and agents who are advertising for buyers are mismanaging their advertising spend.

By |2018-07-02T09:46:09-07:00July 2nd, 2018|Main category|Comments Off on Zillow May Have Finally Justified Listing Syndication

Top 10 Issues Facing Real Estate: What’s On Your List?

Victor Lund, founding partner of the WAV Group, and I recently returned from the National Association of Real Estate Editors Conference in Hot Vegas. 107 degrees hot. One of the hottest topics was the iBuyer, and Victor headed up a panel that took that topic head-on. Let's say it was one of the livelier sessions of the conference. The one thing I was sure of, Victor made a great impression among reporters based on the feedback he gave me.

By |2018-06-25T11:00:26-07:00June 25th, 2018|Main category|Comments Off on Top 10 Issues Facing Real Estate: What’s On Your List?