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So far Victor Lund has created 1384 blog entries.

Rate Lock Will Worsen Home Sales

Rate Lock is not a common term in real estate, but it is pretty easy to understand. And, once you understand it, you will appreciate why trade volume in real estate is going to continue to stay low for a long time, and possibly why the stock market is in for a continued rise. Today’s homeowners are probably in a loan product that is somewhere around 3.31% to 4%. If they decide to sell, they will need a new loan product that will probably be around 5%. That difference of 1% or 2% is what causes the “Rate Lock” effect.

By |2018-04-30T04:00:18-07:00April 30th, 2018|Main category|Comments Off on Rate Lock Will Worsen Home Sales
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The Big Switch – Brokers Benefiting From MLS Data Like Never Before

WAV Group would like to invite you to a webinar where we have invited two of the industry’s largest MLS data companies to tell their story of a quiet revolution that is taking place in real estate and what it means for Brokerage firms and their agents. The entire industry is in the middle of a data feed switch, and everything is impacted. Most brokers are in the dark about this important conversion that is powering all of their software solutions.

By |2018-04-25T10:00:37-07:00April 25th, 2018|Clients|3 Comments
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Trestle Webinar – First Report on Success for Brokers and Technology Partners

The real estate industry has adopted new standards for managing Multiple Listing data feeds, converting from the Real Estate Transaction Standard (RETS) to the new RESO Web API. For years the brokerage group has lobbied the National Association of REALTORS® to require that all Multiple Listing Organizations deliver data to brokers and their technology providers using Application Programming Interfaces (APIs). Today, these new data feeds are now available and they are delivering more value than brokers imagined.

By |2018-04-16T10:15:22-07:00April 16th, 2018|Main category|Comments Off on Trestle Webinar – First Report on Success for Brokers and Technology Partners
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MLS Terms of Use Changes and Copyright FAQ

This post is the result of a collaborative effort amongst the Council of Multiple Listing Services, The Realty Alliance, The National Association of REALTORS®, and Larson Skinner PLLC.  Many MLSs have been making changes to the way they file copyright applications and their MLS terms of use. Those changes have raised some questions from participants and subscribers. This FAQ is intended to answer some of those questions and emphasize that the MLSs are not forcing participants or subscribers to give up ownership of listing content.

By |2018-03-27T06:00:37-07:00March 27th, 2018|Broker-Agent Information|Comments Off on MLS Terms of Use Changes and Copyright FAQ
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Keller Williams Betting $1 Billion on Voice

Keller Williams had another great family reunion, their annual convention in Anaheim drew more than 17,000. Perhaps the most remarkable information conveyed is that they have hit a lot of their ambitious targets for growth, and are now re-targeting to leverage data and technology as their next conquest. According to Teresa Metcalf, their big bet is on the underlying framework and Platform – and the AI component is on top of that.

By |2018-03-20T05:00:03-07:00March 20th, 2018|Broker-Agent Information|Comments Off on Keller Williams Betting $1 Billion on Voice
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Qualia Raises $33 Million for Transaction Management

It is always interesting to me when I hear about a company I have never heard of raises a pile of cash. Qualia, a real estate technology company that aims to make the closing process better for consumers just closed a series B round, led by Menlo Ventures, with participation from 8VC and Bienville Capital.

By |2018-03-08T12:05:50-08:00March 8th, 2018|Main category|1 Comment
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Brand Refresh Creates Big Opportunities

I will always vividly remember riding to a meeting with a large broker in Marin County, California back in 2002ish. We were discussing the brutal competition among brokers in Marin County. At the time, Keller Williams did not have much of a presence in San Francisco or Marin. I was wondering why Keller Williams had failed to grow as they have in other markets. Moreover, Century 21 was conspicuously missing from the market altogether. Coldwell Banker was huge, along with Pacific Union. A bunch of independent brands like Frank Howard Allen and Melissa Bradley Real Estate were performing well in upper Marin. Decker Bullock held their own with the large firms in Southern Marin.

By |2018-03-05T10:45:29-08:00March 5th, 2018|Broker-Agent Information, Main category|Comments Off on Brand Refresh Creates Big Opportunities
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Upstream Fixes Many Problems, Not Just One

As a leading consulting firm, WAV Group operates deeply inside the complex technology stacks of MLSs, Brokerages, Franchises, REALTOR® Associations, and technology firms. From this experience, we recognize the pain that these groups face because of the lack of connection between the systems and applications that agents and consumers need. Upstream aims to deliver a better data management foundation for the data that brokers are entrusted for safe handling.

By |2020-01-27T15:05:03-08:00February 27th, 2018|Broker-Agent Information, Main category|7 Comments
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Buyside Makes It Real

If you know anything about Hunt Real Estate Corporation, you know that they are a family owned and operated brokerage with high integrity and a fierce approach to competition. Since 1911 they have been a market leader in upstate New York, cities like Buffalo, Niagara Falls, Rochester, Syracuse, Albany, and the many Southern Tier communities that border Pennsylvania. They recently expanded into the Boston marketplace though a significant acquisition. We have known the Hunt family since Marlyn and I lived in Orchard Park, NY. We became friends though our interactions at The Buffalo Club and The Country Club of Buffalo. At the time, Marilyn ran marketing at Fisher-Price and I was spinning up my first start-up companies.

By |2018-02-20T07:30:27-08:00February 20th, 2018|Broker Technology Research, Main category, Technology|Comments Off on Buyside Makes It Real
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WAV Group Systems Audits and Integration

We are excited to have David Gumpper on the team here at WAV Group. Since joining our firm, he has been actively supporting our brokerage, MLS, and technology clients with a wide variety of systems audits and systems integrations.

By |2018-02-20T06:00:26-08:00February 20th, 2018|Main category, Our Company, Our Services|Comments Off on WAV Group Systems Audits and Integration
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zipLogix Hires Scott Strong as CEO to Succeed Joel Singer

Founded in 1991 with a vision to help streamline the conventional real estate paperwork process, zipLogix™ has evolved under the nearly 18-year leadership of CEO Joel Singerto become the leading forms management software solution for Realtor Associations and MLSs in North America.

By |2018-02-13T08:18:13-08:00February 13th, 2018|Main category|Comments Off on zipLogix Hires Scott Strong as CEO to Succeed Joel Singer
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Elm Street Technology Announces Acquisition of Agentjet

February 12, 2018 – Greensboro, NC – Today, Elm Street Technology (EST) announced the acquisition of Agentjet, Inc., a digital marketing, lead generation and technology provider for top producing agents and teams. Today’s announcement marks the fourth transaction in the company’s two-year history and provides a scalable lead generation compliment to the company’s Elevate productivity suite of technology and client servicing platforms.

By |2018-02-12T10:00:08-08:00February 12th, 2018|Press Releases|Comments Off on Elm Street Technology Announces Acquisition of Agentjet
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