WAV Group, Author at WAV Group Consulting

MLS Domains Association acknowledges likely competing bid for MLS Name

MLS Domains Association acknowledges likely competing bid for .MLS Operator of real estate website MLS.com appears poised to apply to ICANN Minneapolis, February 20, 2012: MLS Domains Association announced today that at it will likely not be making the only application to ICANN for the new .MLS top-level domain on the Internet. ICANN is the Internet Corporation for Assigned Names and Numbers and is responsible for managing top-level domains worldwide. Its window for applications for new TLDs is open from now until April 12, 2012. “We know of one other likely applicant,” said Bob Bemis, president of the Association. […]

By WAV Group|2018-05-03T21:25:14-07:00February 17th, 2012|Main category|Comments Off

Bob Bemis Joins Zillow as VP of Partner Relations

Zillow announced today (full press release below) that Bob Bemis, former CEO of the Arizona Regional MLS, has joined Zillow as the Vice President of Partner relations. This is a major event in our industry on multiple levels. Having known Bob personally and professionally for many years I congratulate Zillow for an outstanding hire, well done! As a consultant in the industry watching the march of Zillow this hire tends to fuel some of my concerns about where this is actually leading. In almost every strategic planning session I lead we talk about threats to the industry as well [...]

By WAV Group|2018-05-03T21:25:15-07:00February 14th, 2012|Main category, MLS Insights, Our Company, Press Releases|1 Comment

The New World of Predictive Data in Real Estate – An Opportunity for MLS

Real estate professionals today, for the most part, advise clients on both buy and sell decisions with data that is, in many ways, inaccurate. It is inaccurate because sales data is the result of offers that were made and accepted months earlier. Things change quickly in our business, or at least they can. We need to know what is happening today yet our basic MLS data model can only tell us historic sales information and current listing information. Today, neither of these data sets necessarily reflect what is actually happening in our market in terms of buyer activity and interest. [...]

By WAV Group|2018-05-03T21:25:16-07:00January 23rd, 2012|Main category|4 Comments

CoreLogic® Signs Multiyear Agreement with Realcomp

SANTA ANA, Calif., January 12, 2012 — CoreLogic (NYSE: CLGX), a leading provider of information, analytics and business services, today announced it has signed a multiyear agreement to provide multiple listing service (MLS) solutions to Realcomp II Ltd., Michigan’s largest REALTOR®-owned MLS. Serving nearly 11,000 members from more than 2,100 real estate offices in southeastern Michigan, Realcomp has selected the Matrix platform from CoreLogic to augment its current MLS system and to serve as its future replacement solution. […]

By WAV Group|2018-05-03T21:25:16-07:00January 18th, 2012|Main category|Comments Off

New White Paper: What Does The Future Look Like For MLSs?

In this white paper, we explore what the future may look like for MLSs and steps they can take to make sure they position themselves ideally for their market. It’s not a one-size fits all answer. To download the complete report, click here! MLSs have come a long way over the years and we have seen what were once small, localized operations formed by associations and brokers morph into more and more large regional organizations. We have seen technology expand at exponential rates with the Internet and with that technology we have seen changes in the real estate market at [...]

By WAV Group|2018-05-03T21:25:18-07:00January 9th, 2012|Broker Technology Research, Main category, Reports, Strategic Planning|2 Comments

New York Real Estate Group Forges Statewide Stats Partnership with 10K Research

Minneapolis, MN (January 4, 2012) – The New York State Association of REALTORS® (NYSAR) and 10K Research and Marketing are pleased to announce the February 2012 launch of a statewide housing market reporting partnership using combined data from Multiple Listing Services from throughout New York State. […]

By WAV Group|2018-05-03T21:25:19-07:00January 4th, 2012|Main category|Comments Off

New White Paper – How does age and technology comfort relate to performance?
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New White Paper – How does age and technology comfort relate to performance?

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New White Paper – How does age and technology comfort relate to performance?

Download – A deeper look at data from the WAV Group 2011 MLS Technology Survey From September 23, 2011 to October 21, 2011 WAV Group fielded the WAV Group 2011 MLS Technology Survey to participating MLSs. 66 MLSs, representing 33 different states and provinces participated in the survey at both staff and user level. 10,779 individual participants filled out the survey completely making it the largest survey of its kind. At the conclusion of the 2011 survey, WAV Group published the 2011 MLS Technology Survey Executive Summary providing the rolled up results as well as some interesting statistics. We highlighted [...]

By WAV Group|2018-05-03T21:25:20-07:00December 15th, 2011|Main category|Comments Off

MLSs Need to Move From Historic to Predictive Data
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MLSs Need to Move From Historic to Predictive Data

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MLSs Need to Move From Historic to Predictive Data

The data we use in the real estate industry to understand market trends and to help buyers and sellers in their real estate transactions is largely historic. Another way to look at that, is, it is dated, old news. We have real estate markets today that are changing very quickly. Changes may be driven by high numbers of distressed property sales, REOs, short sales, and foreclosures etc. or normal market activity but the results are the same. Much of the real market activity in the form of offers is currently invisible. This means there may be a huge amount of [...]

By WAV Group|2018-05-03T21:25:21-07:00December 8th, 2011|Main category|Comments Off

WAV Group 2011 MLS Technology Survey Results

From September 23, 2011 to October 21, 2011 WAV Group fielded the WAV Group 2011 MLS Technology Survey to participating MLSs. 66 MLSs, representing 33 different states and provinces participated in the survey at both staff and user level. 10,779 individual participants filled out the survey completely making it the largest survey of its kind. National survey information serves as a great foundation to show you how your system stacks up with other MLS systems and what users are saying about each of these systems. Thirteen vendor MLS systems had enough responses to be represented in the survey at both [...]

By WAV Group|2018-05-03T21:25:22-07:00November 28th, 2011|Broker Technology Research, Broker-Agent Information, Clients, Main category, MLS Insights, Suveys and Research|1 Comment

MLS Staff and MLS Users See MLS Technology Differently

WAV Group recently completed our 2011 MLS Technology Survey where we received feedback from nearly 11,000 respondents, from 66 MLSs around the US and Canada. Most importantly, the feedback was from both MLS staff which is always important, and the actual users. In fact, we only included results for MLS systems that had both staff and user ratings. The results were very interesting! We will be publishing an Executive Summary of the results next week for download but one of the more interesting things we noted was that MLS staff and MLS users see their technology quite differently and [...]

By WAV Group|2018-05-03T21:25:22-07:00November 23rd, 2011|Clients, MLS Insights, Our Services, Reports, Suveys and Research, Technology Evaluation|Comments Off

A proposal to work together and create a national MLS Consumer site
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A proposal to work together and create a national MLS Consumer site

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A proposal to work together and create a national MLS Consumer site

We recently received an interesting white paper/article from the CEO of the CTMLS, Cameron Paine, on the rationale for creating a national MLS consumer website. Cameron raises some very interesting ideas in his paper which you can read in its entirety on this post. This article highlights something WAV Group brings up at every strategic planning meeting and every conference we attend…we spend too much time in our industry working against each rather than cooperating. Separate agendas are being pushed at every level from national to state to local. There is an urgent need for our industry to work together [...]

By WAV Group|2018-05-03T21:25:25-07:00October 31st, 2011|Main category|3 Comments

Rhode Island State Wide Multiple Listing Selects Bridge RETS IQ Contact Server

Rhode Island State-Wide MLS announced this week that they have chosen to work with the Bridge Interactive Group to manage their RETS data process. Mike Letendre, Chief Information Officer at State-Wide MLS, noted they chose Bridge Interactive for “…its advanced reporting tools, ability to control access to our listing database, ease of use, and affordability”. Bridge offers solutions for listing syndication control, RETS data usage and monitoring, account management and billing, and add/edit functionality via its RETS IQ product suite. Bridge technologies are used by MLS System Vendors, MLSs, Brokers, and more than 280,000 agents. Press Release [...]

By WAV Group|2018-05-03T21:25:25-07:00October 26th, 2011|Main category|Comments Off

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