Victor Lund, Author at WAV Group Consulting

How many consumers visit agent and broker websites?

I had an email question come in from with Kevin McQueen of Focus Forward Consulting this morning. Kevin asked “If Move, Zillow, Trulia, Yahoo, and Homes a couple of others each pick-up about 5% of the unique visitors to RE sites, who makes up the other 80%?” The presumptive answer might be Agent, Broker and MLS websites, right? Unfortunately, presumptions lead to bad decisions and strategies in business today. In this case, the presumptive answer is very far from the truth. WAV Group WIN Reports uses Experian Hitwise to measure web traffic to real estate websites – all real estate [...]

By Victor Lund|2018-05-03T21:25:27-07:00September 28th, 2011|Broker Technology Research, Main category, MLS Insights, Strategic Planning, Suveys and Research|Comments Off

WAV Group Webinar Today for brokers

WAV Group partner, Mike Audet published a widely acclaimed paper this year called the Shift in Real Estate Technology. The paper outlines the needs of large real estate brokers spanning multiple MLSs who are developing a single source solution that puts the brokerage back office solution in the center of the agents’ life. Like this year’s earlier WAV Group report on broker back office solutions, the task of aligning all of the company offices and agents using integrated solutions is no simple task. WAV Group partner Victor Lund will be moderating a free online webinar in which WAV Group partner Mike Audet [...]

By Victor Lund|2018-05-03T21:25:27-07:00September 22nd, 2011|Broker Technology Research, Main category|1 Comment

Technology service providers should think spanish

When WAV Group was learning about Immobel’s multi-language IDX search strategy earlier this year, Janet Choynowski taught us a valuable lesson. Supporting multiple languages is less about making information legible and more about demonstrating your respect for a person’s culture and heritage. It had a profound impact on us. With this notion couched in our minds, we took note when My Florida Regional MLS announced the launch of CoreLogic Data Co-op to their members, and offered two training classes in Spanish. (http://www.mfrmls.com/member-benefits/mlxchange-benefits/data-co-op). WAV Group suspects that there are a number of MLSs across the country who have significant populations of [...]

By Victor Lund|2018-05-03T21:25:28-07:00September 20th, 2011|Main category, Marketing, MLS Insights, Strategic Planning|Comments Off

Former NAR executive joins MRIS board

Press Release MRIS Announces Industry Expert Joins Board of Directors Terrence M. McDermott Joins Leadership In Support of Growing Mission Rockville, MD – September 19, 2011 – David Howell, Chairman of the MRIS Board of Directors, announced today that Terrence M. (Terry) McDermott has joined the board effective immediately. Rockville, MD- based MRIS facilitates over $300 million in real estate listings and sales each day. As a board member, McDermott brings valuable experience gained during his executive tenures at the National Association of REALTORS®(NAR), The American Institute of Architects and Cahners Publishing Company. […]

By Victor Lund|2018-09-11T08:28:46-07:00September 19th, 2011|Main category, Press Releases|Comments Off

WAV Group Week in Review September 18 2011

The predominant buzz in real estate this week was focused on successful and unsuccessful buyouts. On the successful side of buyouts, a talented team of managing executives from LPS was able to complete a buyout of non-MLS products and form a new company called RED, an acronym for Real Estate Digital. In a more straightforward buyout, CoreLogic purchased MLS provider Tarasoft, rolling that system under their Marketlinx brand. On the unsuccessful side of buyouts, the Arizona State Association of REALTORS was unsuccessful in its bid to purchase the shares of ARMLS, its first leg in a course to develop a [...]

By Victor Lund|2018-05-03T21:25:28-07:00September 18th, 2011|Main category, MLS Insights|Comments Off

CoreLogic purchases Tarasoft MLS

WAV Group wants to congratulate Corelogic for the successful purchase of Tarasoft. Although the official announcement has not been released, both companies are in the process of advising their clients of the transaction. Like most CoreLogic acquisitions, the independence of Tarasoft as an operating entity is likely to remain consistent with Tarasoft practices. Over time, CoreLogic will supply resources where necessary to grow, support and improve the already excellent relationships the company has with its clients. Tarasoft has significant market share in Canada, along with some of the largest MLSs in America – including CRMLS and MLS Listings in California [...]

By Victor Lund|2018-05-03T21:25:28-07:00September 16th, 2011|Main category, MLS Insights|Comments Off

Arizona Statewide MLS initiative fails

With great hopes, a terrific plan, and strong leadership – the Arizona State Association of REALTORS set forth to unite the independent Associations of REALTORS under a common MLS. The dream was unification – all of real estate under one state law, operating on one MLS data system with one set of rules. It was August 8th, 2011 that the confederates of the initiative first waived their bunting. Sadly, it was announced today that there will be no United MLS of Arizona. As it turns out, only 2 of the 4 shareholders of ARMLS agreed to sell their state in [...]

By Victor Lund|2018-05-03T21:25:29-07:00September 15th, 2011|Main category, MLS Insights|Comments Off

RPR is in good hands with LPS and RED

It would seem that some MLSs were a bit concerned about the bifurcation of service being provided to RPR by LPS. According to the announcement, Real Estate Digital, or RED will be continuing to do what that group has always done in terms of data aggregation. Only now, RED will be a subcontractor to LPS. In a letter today, RPR CEO Dale Ross submitted the following: This e-mail is a courtesy message from RPR about the press release issued yesterday from Real Estate Digital (RED), announcing a management buy-out of select assets of LPS Real Estate Group and the formation [...]

By Victor Lund|2018-05-03T21:25:29-07:00September 15th, 2011|Main category, MLS Insights|Comments Off

LPS issues announcement on MLS Services division

Transfers Products to Newly-Formed Real Estate Digital (RED), and Enters into a Joint Marketing Agreement with RED. In an effort to expand its commitment to and focus on the MLS market, LPS has merged its MLS business unit into LPS Applied Analytics and has sold a number of its real estate products to Real Estate Digital, LLC (RED), with whom LPS entered into a joint marketing agreement. This new alignment will enable LPS MLS Solutions to expand and streamline its current offerings to enhance MLS solutions and better serve our customers and their clients. “Our assimilation into LPS Applied [...]

By Victor Lund|2018-05-03T21:25:29-07:00September 14th, 2011|Broker Technology Research, Main category, MLS Insights, Press Releases|4 Comments

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 Victor Lund|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

WAV Group Webinar on Broker Backoffice Strategy

WAV Group partner, Mike Audet published a widely acclaimed paper this year called the Shift in Real Estate Technology. The paper outlines the needs of large real estate brokers spanning multiple MLSs who are developing a single source solution that puts the brokerage back office solution in the center of the agents' life. Like this year's earlier WAV Group report on broker back office solutions, the task of aligning all of the company offices and agents using integrated solutions is no simple task. WAV Group partner Victor Lund will be moderating a free online webinar in which WAV Group [...]

By Victor Lund|2018-05-03T21:25:29-07:00September 12th, 2011|Main category|Comments Off

National Representative for Listing Copyright Infringement
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National Representative for Listing Copyright Infringement

Main category, MLS Insights

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 Victor Lund|2018-05-03T21:25:29-07:00September 12th, 2011|Main category, MLS Insights|Comments Off

About Victor Lund