Long and Foster Combines Mobile Search with Mortgage Pricing

There is an unsightly lack of holistic information that is being made available to consumers by full service brokerages. Until now, brokerage mobile applications provided plenty of information about properties for sale, but little information about brokers’ other service centers in mortgage, title, insurance, commercial properties, and property management (rentals). Long and Foster partnered with Xome’s Real Estate Digital division to deliver mortgage information to consumers through their real estate mobile application in an impressive way. For those of you who know Long and Foster, they provide a full array of real estate services through their company owned providers. Under [...]

By |2018-05-03T21:23:16-07:00May 6th, 2016|Broker Technology Research|Comments Off on Long and Foster Combines Mobile Search with Mortgage Pricing

America’s Top Real Estate Pro Becomes the First Billion-Dollar Agent

Addison, TX (May 4, 2016) – America’s number one Realtor® for the last four straight years – Ben Caballero, president of Texas-basedHomesUSA.com – has become the first billion-dollar producer in the world for total home sales last year. Caballero personally was responsible for 2,491 home sales, totaling $1,022,000,000 in 2015. Uniquely, nearly all of his transactions were new home sales for more than 40 homebuilder brands that he represents throughout the Dallas-Ft. Worth, Houston, San Antonio, and Austin metro areas. Caballero’s feat is the result of a highly inventive technology he developed: an online listing management platform that streamlines the [...]

By |2018-05-03T21:23:16-07:00May 5th, 2016|Broker Technology Research, Broker-Agent Information|Comments Off on America’s Top Real Estate Pro Becomes the First Billion-Dollar Agent

CoreLogic unveils Trestle: Industry’s first “Data Mart” for MLS content

CoreLogic has unveiled Trestle. Here are the details on the real estate industry’s first “Data Mart” for MLS content, not to mention ongoing RESO compliance – huge news: IRVINE, Calif. —CoreLogic® (NYSE: CLGX), a leading global property information, analytics and data-enabled services provider, announced today the upcoming release of Trestle™ by CoreLogic, a software solution suite that will fundamentally change the offering of multiple listing service (MLS) data to brokers and their vendors. Trestle will be the real estate industry’s first “data mart” to benefit brokers, their technology partners, and the MLSs in which they participate. Chris Bennett, general manager of [...]

By |2018-05-03T21:23:16-07:00May 5th, 2016|MLS Insights, Press Releases|Comments Off on CoreLogic unveils Trestle: Industry’s first “Data Mart” for MLS content

BUYSIDE Ramps Up Nationwide Adoption and Engages Industry Veteran to Lead Expansion Initiatives

NEW YORK, May 4, 2016 /PRNewswire/ — Charles Williams IV, CEO and Founder of the leading real estate analytics company Buyside has announced that Michael Pressnall, a respected and tenured industry executive and DocuSign veteran, has joined the company in the newly-created role of Vice President of Industry Engagement. “Mike is an ideal addition to our team as the Buyside platform continues its nationwide expansion and adoption by brokers, team, and agents looking to grow their top-line business income and serve customers more effectively. His success at DocuSign shows a stellar track record in bringing transformational technology tools to real estate brokerages [...]

By |2018-05-03T21:23:16-07:00May 5th, 2016|Broker Technology Research, Press Releases|Comments Off on BUYSIDE Ramps Up Nationwide Adoption and Engages Industry Veteran to Lead Expansion Initiatives

Tech Helpline Offers A Great Suggestion for Agents: Make Internet Explorer your old browser

Tricia Stamper is the Director of Technology Products at Florida Realtors and helps run both Form Simplicity, their popular paperless transaction management software, and Tech Helpline, the #1 help desk for real estate agents and brokers. Tech Helpline is really the “Genius Bar” for real estate if you look at a) how popular it is (600k+ Realtors reached in North America) and b) ask anyone who has had to use the service in a crisis to save a deal what great service they provide. Tricia posted a Blog the other day that is the dream of software developers — not [...]

By |2018-05-03T21:23:16-07:00May 4th, 2016|Broker-Agent Information, MLS Insights|Comments Off on Tech Helpline Offers A Great Suggestion for Agents: Make Internet Explorer your old browser

Don’t Switch Software Vendors

WAV Group constantly tries to educate MLSs and brokers to stay with their current vendor. We have long preached that making a change costs a lot more than you think and sets the company’s goodwill back years. We see this in user satisfaction research gathered from both agents and consumers. Unless your vendor is impossible to work with, stick with them. Recently, I was directed to research published in the Harvard Business Review (HBR) that substantiates this issue even more. The article is titled Eager Sellers and Stony Buyers : Understanding the Psychology of New-Product Adoption. The article starts out [...]

By |2018-05-03T21:23:16-07:00May 2nd, 2016|Broker Technology Research|Comments Off on Don’t Switch Software Vendors

Drip Training

I love a morning call with a report of success. A broker that I am working with moved their chips around the board, renewing a core vendor agreement and adding five new services without any incremental costs. Bust out the champagne, right? Not so fast. The panic moment hits you when you understand that you will be launching five new products. A few of them are background products that support the operation of the brokerage – accounting type stuff. But a few of them are consumer launches and agent launches. Put the champagne away and start to whiteboard out the [...]

By |2018-05-03T21:23:17-07:00April 28th, 2016|Broker-Agent Information, MLS Insights|Comments Off on Drip Training

WILL YOUR ORGANIZATION GET THE MOST OUT OF NAR MIDYEAR?

Let WAV Group Do The Legwork for You! WAVES OF CHANGE is a webinar series that provides an opportunity for MLSs, Brokerages and Associations to tap into the imperative information shared at the major Real Estate Industry Conferences, regardless if you attend or not. We provide the “cliff notes” that help move your organization and the industry forward in an online session after the conference. Each session is also recorded for members of your leadership team that were not able to attend the conference. SUBSCRIBE TODAY to join progressive MLSs, Brokerages and Associations who already count on our quarterly WAVes [...]

By |2018-05-03T21:23:17-07:00April 27th, 2016|WAVes of Change|Comments Off on WILL YOUR ORGANIZATION GET THE MOST OUT OF NAR MIDYEAR?

REDPLAN™ Partners with CMLS

REDPLAN is a non-profit organization of brokers, technology companies, associations of REALTORS® and MLSs who have joined together to protect the copyrighted materials and intellectual property rights of our industry. The organization supports the pursuit of data pirates, scrapers, and other participants of the black market of real estate data. Victor Lund of WAV Group joined the REDPLAN board last year. “REDPLAN is focused on the most important issue in real estate today, protecting the industry’s data,” says Lund. “There are some MLS and brokerage organizations who are very hygienic with their data protections, but most are not. REDPLAN aims [...]

By |2018-05-03T21:23:17-07:00April 26th, 2016|MLS Insights, Press Releases|Comments Off on REDPLAN™ Partners with CMLS

Consumer Questions a Broker Website Must Answer

There are less than 2% of the homes for sale around the nation today. Typically, that number is 3.5%. Hence we are in a sellers’ market. So the consumer thinks – “Where am I in the market?” What Home Can I Buy? Over 90% of consumers looking to purchase a home have one to sell. The rest are currently renters or second home purchasers. Buying a home is never about buying what you want. It is always about buying what is right for you. The old story of Location, Location, Location is a bit lost on me today, unless it [...]

By |2018-05-03T21:23:17-07:00April 25th, 2016|Broker Technology Research, Broker-Agent Information|Comments Off on Consumer Questions a Broker Website Must Answer

Blow Away Your Broker Profit Goals

Top 5 Reasons to Leverage MLS Listing Data in Your Brokerage Today MLS data can make a lot of the systems in a brokerage work more smoothly and can create new ways to serve the needs of your clients while helping your brokerage be more competitive. I have been working a lot recently with brokers who are finding new ways to provide better service to their agents, sellers and home buyers by integrating their systems with MLS data in new and meaningful ways. Here are five benefits of integrating your systems with MLS data and how they can help your [...]

By |2018-05-03T21:23:17-07:00April 20th, 2016|Broker Technology Research, Main category, MLS Insights|Comments Off on Blow Away Your Broker Profit Goals

Be Uncomfortable

It is pretty well known that Google is now Alphabet – a re-imagined company that is comprised of a variety of businesses around the focus of organizing the world’s information to make it universally accessible and useful. Building a new brand on top of Google was an uncomfortable decision, but there is much to be learned from it. The Alphabet Companies (full list here) Google – Search Engine, Android, Gmail, and YouTube Calico – Healthcare company aimed at extending life Verily – Smart contact lenses X Labs – Research and Development Deep Mind – Artificial Intelligence Access – high-speed internet Jigsaw [...]

By |2018-05-03T21:23:17-07:00April 20th, 2016|Broker Technology Research, MLS Insights|Comments Off on Be Uncomfortable