As the saying goes, they just don’t make them like Lorne and his generation of visionary, gutsy entrepreneurs anymore. Lorne had a unique vision for the industry, founded in profitability. His background as a chartered accountant gave him a unique perspective so valuable to brokers, most of whom grew up focusing on top line sales, not profitability. He was a constant crusader teaching brokers how to manage expenses, simplify their operations and build sustainable businesses.
The Women's Council of REALTORS® is looking for its next CEO to take the 13,000-member organization to its next level of prosperity, relevance, and growth.
There are billions of dollars pouring into our industry today-- investment bankers and venture capitalists alike have caught the real estate bug. If the programs and companies you offer don’t meet the ever-changing needs of consumers, then you’re not going to be around for long.
WAV Group is saddened to hear about the loss of one of our favorite colleagues Rick Trevino. He always had a bright smile and a passion to do the right thing for his customers ad the industry overall. Hopefully, his family will take some solace in the amazing contribution Rick made to the world and to the real estate industry. The world is a better place because of his Rick’s contributions.
WAV Group conducts more subscriber satisfaction research for MLSs than anyone else in the country, including our industry first Customer Experience Index. We have a depth of understanding of the key drivers of satisfaction and perceived relevance for MLS organizations. Here’s the 5 key opportunities for improving your MLS’ satisfaction and relevance as you move into 2023: Go TO Your Members Create a Field Support/Training Team There is NOTHING that drives up customer engagement and satisfaction for MLSs more than a team of customer servants that go out into the field, attending office meetings, broker events and community events. These [...]
California Regional MLS(CRMLS) announced that it is making an aggressive move to become a property-centric MLS by forming a comprehensive partnership with Local Logic, Traditionally, MLS technologies have focused mainly on active, pending and recently sold properties. For agents to be successful today however, they need to be able to provide much broader real estate intelligence to their prospects and clients. Consumers are turning to agents for education on every element of a neighborhood, market and region. They’re looking for advice and counsel on everything from the proximity of power lines to family-friendliness and a whole bunch more.
UtahRealEstate.com has inked a deal with New Mexico MLS to share some of the data available between two neighboring western states. The release also says that NMMLS will eventually be able to offer some of the UtahRealEstate.com technologies to their subscribers as well. As more and more MLS data comes together, it provides brokers the opportunity to save money on multiple MLS subscriptions. It also simplifies their ability to roll up data from multiple markets.
WAV Group would like to congratulate the New Mexico MLS and the Roswell Association of REALTORS(R) for coming together to expand the listing exposure and lead generation capabilities for New Mexico REALTORS(R). Owned by the New Mexico Association of REALTORS(R), New Mexico MLS was formed to provide professional MLS services to several associations across the state. The combined entity now represents approximately 1150 subscribers and makes it to the second largest MLS in the state. The more ways we can find to collaborate to help brokers succeed, the stronger our industry becomes!
NNRMLS study reveals that properties promoted on the MLS sell for more than off-MLS homes on average.
On average, a listing on the multiple listing service yielded a 17% premium in sales price over similar properties sold off-MLS independent of other variables. For a typical home, this resulted in a $55,250 increase in sales price. This study is consistent with studies conducted in other markets as well. It makes sense that a property promoted by hundreds of IDX feeds enabled by the Multiple Listing Service, plus the exposure to the most qualified network of industry professionals in the local MLS region would generate the most buyer interest.
The Search Committee for Maine Listings went through an exhaustive search and due diligence process to identify several qualified candidates. Ultimately, they chose Denise Libby, the organization’s current Chief Operating Officer to take the organization to its next level of growth and relevance. Maine Listings is one of the most highly rated MLSs in the country according, to the WAV Group Customer Experience Index. Denise is perfectly suited to build on all the great work that has been implemented to date.
Organizational success is heavily reliant on the satisfaction of its customers. The local Multiple Listing Service (MLS) plays a pivotal role in creating a business-friendly environment that enables agents and brokers to maximize the potential of their businesses. However, the effectiveness of the MLS's efforts to address customer needs is dependent on the clarity of its organizational goals and its ability to communicate them effectively.
NEREN, the first multi-state MLS, is rebranding as PrimeMLS. The reference to “prime” underlines their commitment to deliver excellence in the technology, service, and support they provide. The company has been way ahead of the curve for years.