The Real Goal of RPR and CoreLogic

I just returned from speaking at the Leading Real Estate Companies of the World conference in Las Vegas. Leading RE is an amazing group of independent brokerages from across the nation and the world. The Leading RE network represents the largest non-franchise organizations from every marketcenter - I think they have about 600 broker members. Admittedly, my talk to the brokers likely represented the most boring session at the conference - Data Licensing, Listing Syndication, and an explaination of new IDX policies from the NAR MLS Policy committee. Notwithstanding, a few hundred broker owners joined the meeting indicating that they [...]

Do your homework before switching MLS providers

It was March 29th, 2010. CalREDD, the for profit MLS division of the California Association of REALTORS had fallen on hard times. After getting a number of Associations to switch MLS providers and join their new MLS, they were putting out fires everywhere. On a good note, they had reported that REALTOR organizations representing 120,000 REALTORS had signed letters of intent to join CalREDD, but every installation was complex and ridden with issues. To review the state of affairs, check out this post here. Since those early days, much has changed, and much has stayed the same. On a positive note, [...]

By |2018-05-03T21:25:47-07:00March 11th, 2011|Main category|0 Comments

LPS Announces Release of Paragon 5

In the following press release,  LPS announces it has released the new Paragon 5 interface for its 200+ accounts, noting a number of new features including PC and Mac compatibility with cross browser access including Internet Explore, Safari, Firefox, Google Chrome and Opera.  Other notable upgrades include overall system multitasking and improved contact and client collaboration tools. PRESS RELEASE LPS REAL ESTATE GROUP GREATLY EXPANDS MLS SOFTWARE CAPABILITIES WITH COMPLETION OF PARAGON 5 MLS PHASED RELEASE Enhancements to MLS platform include cross-browser capability, multitasking options, improved CMA functionality and New Client Connect module. JACKSONVILLE, Fla. - (March 7, 2011) - LPS [...]

By |2018-05-03T21:25:47-07:00March 8th, 2011|Main category, MLS Insights|0 Comments

MLSs and Brokers miss out on revenue opportunity

WAV Group facilitates dozens of MLS strategic plans each year. Once resounding question heard from Associaiton Shareholders and Broker Participants is “How do we generate more non-dues revenue outside of our ranks.” Last night, a new revenue source came to mind. As we all understand, distributing listings to IDX vendors and managing IDX contracts is heavy lifting. Most MLSs charge vendors anywhere from $500 in small MLS markets to $10,000 per year in large markets for RETS access to MLS data. Agents and brokers bear this fee as an added cost of the services they buy from vendors. What did [...]

By |2018-05-03T21:25:50-07:00March 7th, 2011|Broker-Agent Information, Main category|0 Comments

The entire real estate industry is retiring!

I was reviewing the 2010 National Association of REALTORS Member Profile today and noticed a very alarming fact!  The real estate industry is retiring! Not only has the average age of REALTORS moved from 51 to 54 year old.  While the number of REALTORS that are 60 or older has risen 32% in the past four years, the number of REALTORS that are 39 years old and younger has actually DECREASED 21%!   Not only is the industry concentrated on those that are nearly retirement age, we are LOSING those that are in their prime producing years!   Most MLSs and Associations [...]

By |2018-05-03T21:25:50-07:00March 5th, 2011|Main category|0 Comments

The next horizon for real estate websites

Whats next for real estate? Back in the olden days, just after the MLS book lost its appeal and was replaced by the MLS - a rather interesting new product launched for agent and broker websites called IDX - internet data exchange. The idea behind it was that broker participants of an MLS could display the listings of other participating brokers on each other’s websites. This led to an explosion of broker websites. Everyone has one. After awhile, democratically minded MLS boards gave consideration to the agents and extended IDX privileges to them in most markets, as long as the [...]

Regional MLS in Florida Looking For New Executive Leadership

The Regional MLS  (RMLS), located in Palm Beach Gardens, Florida provides comprehensive MLS services to over 11,000 members.  RMLS is owned by three shareholder associations, the Realtors® Association of the Palm Beaches, the Jupiter Tequesta Hobe Sound Association of Realtors® INC and the Realtors® Association of St. Lucie.   RMLS is currently interviewing candidates for the position of Executive Vice President/GM.  Located in the beautiful Palm Beach Gardens area, RMLS is a growing, forward thinking organization, with a full array of technology products and subscriber services. RMLS is looking for a new Executive Vice President/General Manager with the vision and industry [...]

By |2018-05-03T21:25:50-07:00March 1st, 2011|Main category, MLS Insights, Press Releases|0 Comments