WAV Group, Author at WAV Group Consulting

One Real Estate Tool You Have to Have!

If you are not using retechnology.com on a regular basis or have not logged in lately you are missing some great tools that can help you improve your real estate game immensely. These are also free tools, the best kind! Over 650,000 agents have access to retechnology.com through their MLS, but not everybody is taking full advantage of this great tool and may not be aware of some of the outstanding features it offers. Like users of most MLS systems, that only use 10% of what a MLS system can do, many use retechnology.com for certain things like getting information on a [...]

By WAV Group|2018-05-03T21:24:16-07:00February 25th, 2014|Main category|Comments Off

Your MLS Technology Business Rules – Bet You Don’t Know Them!

I have worked with hundreds of MLSs around the world and been personally involved in over 100 installations and/or conversions and one thing I have discovered over the years is a little-known fact. MLSs don’t know the business rules that are built into their MLS systems to control their data, member access and overall permissions and MLS vendors have never created a way for you to see them! When you consider the complexity of our MLS systems today this is both understandable on one level and really inexcusable on another. Unfortunately, this lack of knowledge usually comes to light when [...]

By WAV Group|2018-05-03T21:24:19-07:00January 12th, 2014|Main category, MLS Insights, Our Company, Our Services, Strategic Planning|Comments Off

It’s Your Data – Make Sure You Can Use It!

I do a lot of work helping MLSs choose their next MLS technology vendor and I also work with brokers that use multiple real estate technology tools. The one thing both sets of technology have in common is the fact that without good data the technology is worthless. Numerous roadblocks exist today, however, on the data front that often derails the best software. Some roadblocks come from within the MLS but some come from the technology vendors themselves. MLSs can serve as roadblocks to listing and sales data at the source, meaning they may put arbitrary restrictions on data use [...]

By WAV Group|2018-05-03T21:24:23-07:00December 9th, 2013|Broker Technology Research, Main category, MLS Insights, Technology Evaluation|Comments Off

WAV Group 2013 MLS Technology Survey Report

It is our pleasure to share the results of the WAV Group 2013 MLS Technology Survey report with you. The WAV Group 2013 MLS Technology Survey was fielded on September 13 and closed on October 16. 11,176 staff and users completed the survey. Survey results are only included for those MLSs that provided both staff and user ratings. Staff and user results are presented separately in the report. Overall, MLSs are happy with their MLS technology but there is some churn in the industry. 43% for the participating MLSs have been with their vendors for 10 years or more. [...]

By WAV Group|2018-05-03T21:24:23-07:00November 27th, 2013|Main category|1 Comment

Happy Thanksgiving!

All of us at WAV Group would like to wish all of our friends in the industry a happy, healthy and enjoyable Thanksgiving holiday. We all have very much to be thankful for in our industry and this is a great time to take stock of our blessings. Our real estate market has turned around from a period when things looked very dark and gloomy to one where the future looks very bright. Our real estate system for all its imperfections is the best in the world. All of you who have had the opportunity to live abroad know what [...]

By WAV Group|2018-05-03T21:24:23-07:00November 27th, 2013|Main category|Comments Off

Thinking About Regionalizing Your MLS?

We all know there are too many MLSs in the US. It’s just a fact. MLSs were originally set up according to Board boundaries established by NAR based on market areas that existed many years ago. Times and technology have changed everything. Real estate market areas have expanded far faster then our industry has responded so in many areas of the country we have multiple MLSs serving areas that should logically be served by one. It is hard to argue that cooperation and ultimately consolidation is good for everyone involved in buying and selling real estate. Brokers and agents who [...]

By WAV Group|2018-05-03T21:24:25-07:00October 23rd, 2013|MLS Insights, Our Company, Our Services|2 Comments

CRIS and NORMLS MLS Move to CoreLogic Matrix System

After an extensive RFP process the Centralized Real Estate Information Service (CRIS) and the Northern Ohio Regional Multiple Listing Service (NORMLS) have chosen CoreLogic's Matrix system as their new MLS platform. CoreLogic's press release follows; IRVINE , Calif., October 1, 2013—CoreLogic® (NYSE: CLGX), a leading residential property information, analytics and services provider, today announced that the Centralized Real Estate Information Service (CRIS) and the Northern Ohio Regional Multiple Listing Service (NORMLS) have entered into a new five-year agreement to license the Matrix™ suite of multiple listing products and services. “The decision to contract with CoreLogic for its Matrix platform was [...]

By WAV Group|2018-05-03T21:24:26-07:00October 1st, 2013|Main category|1 Comment

Why Your World Does Not Want You To Change

Have you ever noticed how the people you are closest too, in personal and business life, are the ones often most resistant to letting you excel, especially if that involves you breaking new ground? That is, they are resistant to you changing in ways that threaten the way they see you and/or the business you work together in every day. In an earlier post, I made the comment that people aren’t resistant to change. What they are really resistant to, however, is losing control. That is probably pretty easy for us to accept when we think of ourselves but the [...]

By WAV Group|2018-05-03T21:24:27-07:00September 20th, 2013|Main category|Comments Off

Last Call For WAV Group 2013 MLS Technology Survey

If you haven’t already signed up this is your last chance to have your MLS participate in the WAV Group 2013 MLS Technology Survey. Last year we had 75 MLSs participate with over 15,000 agents and staff taking part. This year we expect to have even more participate. Three Free Reports For Participating National Roll-up Report Every MLS that participates will receive the national roll up report, which provides a summary of the overall findings for all of the vendors reviewed. This will include comparisons to results in 2012, what users and staff like most about each system as well [...]

By WAV Group|2018-05-03T21:24:27-07:00September 10th, 2013|Main category, Suveys and Research, Technology Evaluation|1 Comment

How SourceMLS Benefits Brokers

The Council of MLS, an industry trade group that allows MLSs to collaborate on common initiatives and share best practices, released a new initiative today called SourceMLS. The goal of SourceMLS is to develop an industry-wide method that supports brokers with listing source validation. Listing validation allows brokers to take credit for having the best data quality of any consumer-facing website. Listing data is widely distributed on the Internet today. Unfortunately, consumers do not have a way to know if the listing they are looking at is valid: really for sale, or if the listing information is accurate, or even if [...]

By WAV Group|2018-05-03T21:24:28-07:00September 3rd, 2013|Broker-Agent Information, Main category|1 Comment

Call for MLS Technology Survey Participants

WAV Group will be fielding the third annual WAV Group MLS Technology survey in September. We are inviting all MLSs to take part. This is a free, non-sponsored survey we provide for the benefit of the industry. The more participation we have the more valuable the data will be for everyone. There is no cost to participate. Each participating MLS will in turn receive three reports: National Results for all MLSs Your Vendor Specific Results (i.e., All results from users of MLXchange); Your MLS Member results in a system generated report Your MLS will receive the reports prior to the [...]

By WAV Group|2017-12-27T16:47:54-08:00August 15th, 2013|Clients, Main category, MLS Insights, Our Company, Our Services, Reports, Technology Evaluation|Comments Off

Company Culture – Critical in Choosing a MLS Partner

In almost every RFP (Request for Proposal) process I facilitate I get asked the question, which MLS vendor and system is the best? In every instance I say, it depends, there isn’t a single right system for everyone. Unlike the waitress who tells you everything is good on the menu, I really am not trying to avoid the question. I will openly discuss what we see as pros and cons of each system, but the truth is, the vendor that is right for one customer is not going to be right for another. There are many things to consider in [...]

By WAV Group|2018-05-03T21:24:35-07:00June 10th, 2013|Main category, MLS Insights, Our Services|Comments Off

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