Meet Patrick Arkeveld, CEO of Lone Wolf

Recently, Lone Wolf Founder Lorne Wallace stepped up to the role of Executive Chairman of the real estate software firm and appointed Patrick Arkeveld to step in as Chief Executive Officer.  The transition came at a key time in the evolution of Lone Wolf. The firm has been on an aggressive path of launching new products and acquiring real estate technology companies warranting an additional capital investment by partner firm Vista Equity Partners. WAV Group founder, Victor Lund connected with Mr. Arkeveld to create this article for the RE Technology Follow the Leader Series. Everyone who knows Lone Wolf founder [...]

By |2018-05-03T21:23:10-07:00July 28th, 2016|Main category, Press Releases|Comments Off on Meet Patrick Arkeveld, CEO of Lone Wolf
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RESO slashes Brokerage membership dues, makes Certification member benefit

The Real Estate Standards Organization – or RESO – just announced two big moves. First, RESO is eliminating separate Certification fees by making all Certifications a member benefit, covered by annual RESO dues effective immediately. Second, beginning in January, Real Estate Brokerages with fewer than 100 agents can become a RESO member for just $50 a year, slashed from $500 a year previously. Membership fees – shown below in the news release issued this morning – have been overhauled for 2017 and takes into account folding in Certification fees, which should be welcomed news for larger MLSs. RESO is pushing hard to get [...]

By |2018-05-03T21:23:10-07:00July 26th, 2016|Main category, Marketing, MLS Insights|Comments Off on RESO slashes Brokerage membership dues, makes Certification member benefit
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Mastering Market Literacy

Perhaps the most valuable lesson that real estate consumers learned from the housing crash was that home values can fall as well as rise.  More than seven million families lost their homes to foreclosures and short sales; a brutal wake-up calls that though homeownership is safer than most investments it still involves risk.  Today’s buyers are very aware that a single wrong decision or factors beyond their control can cost them dearly. That is one reason 90 percent of today’s buyers think it is very important to have an agent with knowledge of the real estate market.[1] Successful listing presentations [...]

By |2018-05-03T21:23:11-07:00July 21st, 2016|Marketing|Comments Off on Mastering Market Literacy
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Will Zillow Win The MLS Data Aggregation Wars

A new war over data management has broken out among America’s largest technology firms, and no clear winner is in sight. To begin, it may be best to level set around what data aggregation is. For brokerage firms or technology companies that leverage MLS data in software, they are pulling MLS data feeds. When you are pulling more than one feed, you are aggregating MLS data. Brokerage firms and software companies that have hired WAV Group to streamline their data aggregation systems know that we have always focused on the three leading firms that have been aggregating MLS data for [...]

By |2018-05-03T21:23:11-07:00July 21st, 2016|Broker-Agent Information, MLS Insights|Comments Off on Will Zillow Win The MLS Data Aggregation Wars
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The Davos of Real Estate Journalism

Have you ever wanted to have the opportunity to really get to know the journalists who cover real estate for the Wall Street Journal, Bloomberg, Washington Post, Inman, Bankrate, CBSMoneywatch, HousingWire, REALTrends, or the key real estate editor at your top metro newspaper? Would you like to get a sense of how they view real estate markets, mortgage finance, real estate technology and the other topics?  How do they get their information?  What do they think are the paramount issues facing real estate consumers and the real estate industry? Above all, how can you contribute to their coverage as an [...]

By |2018-05-03T21:23:11-07:00July 20th, 2016|Main category|Comments Off on The Davos of Real Estate Journalism
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How Much Does It Cost to Recruit an Agent?

The National Association of REALTORS® hosted a Power Broker Roundtable and their recent topic was about agent recruiting and training. What I really like about the large broker roundtable is that you typically get some relatively pure information. I think that is the case here. The roundtable members for this discussion included representatives from some of the finest brokerage operators in America – Nick D’Ambrosia, Broker of Record, The Long and Foster Companies; Lennox Scott, CEO of John L. Scott Real Estate Seattle; Chad Ochsner, Broker/Owner of RE/MAX Alliance Denver; and Linda Sherrer, President and CEO of BHHS Florida Network. [...]

By |2018-05-03T21:23:11-07:00July 20th, 2016|Broker-Agent Information, Marketing|1 Comment
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20 Years and Counting: Still Waiting For Digital Real Estate Transactions

In the 1990s, it was called disintermediation. In the 2010s, we are calling it disruption. Back then, we talked about a “new paradigm” that would alter the real estate business forever. Now we talk about “new business models” doing the same. The names may have changed, but the bottom line is this: I am still waiting for digital real estate transactions to be a common practice, not the exception to the rule.   What has really changed? Next month in early August, like many of my colleagues, I am heading to Inman News Real Estate Connect in San Francisco. It’s [...]

By |2018-05-03T21:23:11-07:00July 20th, 2016|Broker Technology Research, Broker-Agent Information|Comments Off on 20 Years and Counting: Still Waiting For Digital Real Estate Transactions
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The Confident House Hunter: A Better, Different Way to Buy

It was a sunny day on beautiful Bainbridge Island two years ago when I met with Dylan Chalk. It was at the New Rose Café, a nearly secret lunch spot hidden among the plants and outdoor sculptures at the historically significant Bainbridge Gardens. Dylan had an idea for a new book about home buying and he was seeking my professional counsel, as well as my writing, editing – and eventually – promotional skills. As a member of the National Association of Real Estate Editors (naree.org) for more than a couple of decades, I have received enough books about buying a [...]

By |2018-05-03T21:23:11-07:00July 20th, 2016|Broker Technology Research, Broker-Agent Information, Main category|Comments Off on The Confident House Hunter: A Better, Different Way to Buy
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New Real Estate Marketing Solution Delivers Tech Plus Talent

No longer do mid-size brokerages and agent teams have to struggle to deliver a competitive online experience to their customers and create marketing solutions for their agents. Boston Logic has an ace in hole for them–a new hands on support service staffed by top real estate tech pros for the fraction of the cost of a full-time employee. See the full press release below: BOSTON, Mass. (July 19, 2016) – Boston Logic, the technology platform that powers enterprise brokerages nationwide, announced the launch of Ace, a powerful technology solution that ties together a brokerage or team’s website, online lead generation, [...]

By |2018-05-03T21:23:11-07:00July 19th, 2016|Marketing|Comments Off on New Real Estate Marketing Solution Delivers Tech Plus Talent
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RealtyUSA joins the Howard Hanna Family

Two of the nation’s top real estate firms have entered into a definitive agreement for RealtyUSA (over 23,000 transactions) to join the Howard Hanna family of companies (over 66,000 transactions). Merle Whitehead of RealtyUSA will remain with the firm and operate all of the Hanna company business interests in New York. Congratulations to both of these firms on their transaction, among the largest seen in our industry since the HomeServices acquisition of Fox and Roach. Mr. Whitehead will continue to serve as Chairman of the Broker Public Portal. The event also recognizes that Howard Hanna extends their share of ownership [...]

By |2018-05-03T21:23:11-07:00July 19th, 2016|Main category, Press Releases|Comments Off on RealtyUSA joins the Howard Hanna Family
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Register Now For The RESO Fall Conference

RESO Fall Conference: October 24-26, 2016 Nashville, TN RESO Conferences have become a CAN’T MISS event for MLSs, Brokers and Technology Partners. The 2016 Fall Conference is no different. Join the industries leaders, movers and shakers, and your peers for a look into the future of real estate standards. Three ways to enjoy of the 2016 Fall Conference: Participate in a variety of Workgroups Contribute to the future of standards Join the NEW Business/Broker Track Learn how to grow your business using RESO Standards Attend the Technology Track Learn about the future of RESO and Web API Register now to receive [...]

By |2018-05-03T21:23:12-07:00July 8th, 2016|Main category|Comments Off on Register Now For The RESO Fall Conference
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Congratulations Steve Brown – President Crye-Leike Residential

WAV Group has enjoyed the awesome experience of working with many of the Leading Real Estate Companies of the World and The Realty Alliance firms. Chief among them is Crye-Leike, REALTORS® – among the 20 largest firms in America. The firm promoted its General Manager to President this week. Steve Brown has been an integral part of the company and its growth since joining the firm in 1980. Under the wing of CEO Harold Crye, Brown has developed into one of the most versatile and experienced executives in the real estate industry, long serving the firm as General Manager and [...]

By |2018-05-03T21:23:12-07:00July 8th, 2016|Main category, Press Releases|Comments Off on Congratulations Steve Brown – President Crye-Leike Residential
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