Monthly Archives: July 2011

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 [...]

Enough Analysis Paralysis! Time for MLSs and Associations to make it happen!

Kim Prior from Onboard Informatics posted a great article on RETechnology.com today entitled:  MLSs Taking Control of Your Destiny. All I can say is “Well said, Kim!”  Her article talks about how our industry is stuck in the mode of “analysis paralysis.” We love to talk about problems, but we rarely actually DO anything about it quickly and decisively. Well I say,  “Enough postulating real estate industry – time for some decisions and some action!” […]

By |2018-05-03T21:25:34-07:00July 21st, 2011|Main category, MLS Insights|2 Comments

Turn Social Networking into a Lead Generation Engine

While social media has become a very important part of the real estate sales process, many agents still struggle with how to leverage it effectively. They don’t know how to keep up with Facebook, Twitter, etc., and they definitely don’t know how to use the tools for lead generation. Move, Inc. must have recognized this challenge that agents are facing, and they have come up with a solution to help agents deal with this problem. The company announced this week that they have purchased the SocialBios platform. SocialBios allows individuals and companies to create one social hub for their online profiles [...]

By |2018-05-03T21:25:34-07:00July 21st, 2011|Broker-Agent Information, Main category|0 Comments

Data for Money – What Have We Learned Since NAR – San Diego in 2009

If you want something to remind you how fast things are going in our world today just think back to where things were in San Diego at the NAR Conference in 2009, when RPR was announced for real!  Things have moved pretty dramatically since that first sales pitch, not just for RPR, but also for real estate data in general. In that 20 months we have seen RPR grow to have agreements with 274 MLSs and over 500,000 Realtors.  RPR reports they are launched in 80 MLSs serving about 224,000 Realtors and recent months have seen some of the big [...]

By |2018-05-03T21:25:34-07:00July 20th, 2011|Main category|0 Comments

LPS Real Estate Group Powers Consumer-Facing Website for the Real Estate Board of New York (REBNY)

Press Release LPS Real Estate Group Powers Consumer-Facing Website for the Real Estate Board of New York (REBNY) JACKSONVILLE, Fla. - July 18, 2011 - LPS Real Estate Group, a division of Lender Processing Services (LPS), announced today that its MLS Portal was chosen by the Real Estate Board of New York (REBNY) to serve as the platform for its newly launched consumer-facing website, NY1Residential.com, a re-launch of REBNY's existing New York City real estate listing website.

LPS Real Estate Group's MLS Portal provides multiple listing services with a branded website that offers consumers direct access to comprehensive property listing content.  [...]

By |2018-05-03T21:25:34-07:00July 19th, 2011|Main category, MLS Insights, Press Releases|0 Comments

My Florida MLS (MFRMLS) Signs Exclusive Agreement With CoreLogic Partner InfoNet Program

My Florida Regional MLS Joins CoreLogic® Partner InfoNet —Largest MLS in Florida Signs Exclusive Agreement— SANTA ANA, Calif., July 19, 2011—CoreLogic (NYSE: CLGX), a leading provider of information, analytics and business services, today announced that My Florida Regional MLS (MFRMLS) has signed an exclusive agreement with CoreLogic to participate in Partner InfoNet. Partner InfoNet is a revenue sharing program in which multiple listing services (MLSs) license their listing data to CoreLogic for use in risk management products for mortgage lenders, servicers and the capital markets. “Partner InfoNet gives us a controlled way to license our data and deliver that value [...]

CoreLogic Data Co-op Product Gaining Traction

CoreLogic announced today the addition of two more MLSs to their InfoNet™ program.  We received confirmation from CoreLogic that they currently have a total of 49 accounts in the program, representing 260,000 agents and 860,000 listings. An interesting side note of their Partner InfoNet™ program is the fact that their DataCoop products seems to be getting some serious consideration and use.  A number of MLSs are receiving their DataCoop product for free if they are an exclusive InfoNet™ partner and others are paying for it, but they note the price is not high. According to CoreLogic, they are seeing MLSs beginning to share [...]

By |2018-05-03T21:25:34-07:00July 12th, 2011|Main category|0 Comments

Director of Product Management Position Available

WAV Group has been commissioned by LPS Real Estate Group to hire a newly created Director of Product Management position located in Orange County, California for their rDesk platform. The ideal candidate for this position will be an enthusiastic individual that possesses that rare but valuable mixture of intellectual curiosity, business acumen, marketing savvy, technical proficiencies, strong communication skills, and attention to detail.  They will be able to drive a team to rally around a vision of a platform that uniquely meets the needs of real estate consumers and real estate practitioners better than its competitors. […]

Good Sales People Like Tension!

Want to Lose a Sale?  Be a Therapist! If you are a sales person, selling anything from property to technology, have you ever made this classic mistake?  Your customer has entered the buying process, for whatever the product is, a house, a new MLS system, a new website, whatever, and you have a chance to sell them your product.  They have reached what I will call the “threshold of activation” meaning simply that enough energy exists around an event for them to take action on it.  They have experienced a business pain or recognized some lack in how they are [...]

LPS Applied Analytics Introduces LPS Home Price Index

JACKSONVILLE, Fla. – July 7, 2011 – Lender Processing Services, Inc. (NYSE: LPS), a leading provider of mortgage and real estate technology, data and analytics, today announced that its LPS Applied Analytics division has introduced the LPS Home Price Index (HPI). The LPS HPI shows historical price trends for residential properties in the United States, offering cost-effective estimates of property values that underlie residential mortgage portfolios and securities. […]

RE Technology Announces New ‘Follow the Leader’ Column, Seeks Nominations

RE Technology (www.retechnology.com), the leading media site for the real estate technology industry, has become a daily resource for many MLS professionals, brokers, and agents. Their already-rich array of content is now being augmented with an exciting new column: “Follow the Leader.” […]

Shelley Specchio from NNRMLS honored

RE Technology is publishing a new series called Follow the Leader.  The Leader to follow this week is Shelley Specchio, CEO of Northern Nevada Regional MLS.  Shelley impressed us with her out-of-the-box thinking, tech-savviness, and commitment to serving real estate professionals in the Reno and Northern Nevada MLS. […]

By |2018-05-03T21:25:37-07:00July 5th, 2011|Main category, MLS Insights|1 Comment