Short on Inventory? How about forming stronger relationships with Homebuilders?

WAV Group saw this news release come across the wire today.  What we would like to see is a much stronger collaboration between home builders and REALTOR organizations. Just about every area in the country is low on inventory right now. Why not partner with homebuilders to offer up their inventory. The industry can work with the homebuilders to be sure that REALTORS are getting adequately compensated for the work they do with builders.  Associations can also provide training to agents to teach them how to work effectively and professionally with homebuilders.  Homebuilders have been forced to go it alone to [...]

By |2018-05-03T21:24:50-07:00October 15th, 2012|Main category, MLS Insights|1 Comment

MLS Sales Opportunity With Leading Mobile Technology Company

Mobile Realty Apps has experienced outstanding growth over the past 12 months and has established itself as a leader in mobile technology for MLSs and real estate companies.  Winner of the 2012 “Most Innovative Real Estate Startup” at the Inman Conference in July 2012, Mobile Realty Apps offers a full set of leading edge mobile products for real estate professionals and the consumers they serve, from their custom branded native apps to their augmented realty technology HomeSpotter. Mobile Realty Apps is currently interviewing individuals who will lead their  sales to MLSs  nationally.  This individual will work closely with the national [...]

By |2018-05-03T21:24:50-07:00October 12th, 2012|Main category, Sales Advisory, Uncategorized|Comments Off on MLS Sales Opportunity With Leading Mobile Technology Company

Goomzee Shines A Light on MLS Pricing

WAV Group is often contacted by companies who are looking to offer their products to agents through the MLS. The common term for this is site license - whereby every MLS subscriber will benefit from the service. Depending on the product, most site licenses are only pennies per member per month. Although MLSs are legally prohibited from sharing details of their contracts and pricing with other MLS - there is no such prohibition for vendors. Goomzee lifted their skirt today and published their MLS pricing to the world. This move is sure to shake up the mobile providers who target [...]

By |2018-05-03T21:24:50-07:00October 11th, 2012|Main category, MLS Insights, Press Releases|2 Comments

Technology Adoption Strongest with Top Producers

MLSs face many decisions about what technology services to offer to their members.  Budgets are tight and decisions need to be better justified than ever before. MLS technology committees and leadership need to sift through hundreds of products and multiple presentations before deciding what types of products make the most sense for their members. It is a difficult and expensive task to provide meaningful, relevant and contemporary product offerings to help agents and brokers better serve the needs of their clients.  The first annual WAV Group MLS Technology Adoption study was designed help MLSs better understand the types of technologies being [...]

By |2018-05-03T21:24:50-07:00October 10th, 2012|Main category, Reports, Technology Evaluation|Comments Off on Technology Adoption Strongest with Top Producers

A New eCommerce Model for MLS

IRES MLS understands that the MLS cannot build software that is going to meet all of the needs of their subscribers. Rather, they embrace the rich development community that is flourishing in real estate industry today. IRES recognizes that marketing is the greatest cost to offering software as a service. As such, IRES is launching the IRES Success Store. The Store will benefit IRES Subscribers by putting technology at their fingertips, and benefit software developers by providing them with a marketplace for their products. IRES is a unique MLS, like their peers at The MLS, Trend MLS, NABOR and others, [...]

By |2018-05-03T21:24:50-07:00October 9th, 2012|Main category, MLS Insights|3 Comments

ListHub’s API and Golden Ruler Report Helps a Broker

There are all kinds of reasons why a company wants analytics on the performance of their online marketing. Listhub provides this service to brokerages that use their syndication services. The fee for the service is typically just a few dollars per month per agent, but it will track where your listings appear online – for better or for worse. WAV Group has gained an appreciation for the reporting by reviewing MLS level reports that show a federated view of all listings syndicated in the market through Listhub. I will be using these reports in my upcoming talk at the Colorado [...]

By |2018-05-03T21:24:50-07:00October 5th, 2012|Broker Technology Research, Broker-Agent Information, Main category, MLS Insights, Suveys and Research|Comments Off on ListHub’s API and Golden Ruler Report Helps a Broker

WAV Group WEBINAR – eCommerce 101: It’s Not As Easy As It Looks!

Come join the partners of the WAV Group as they draw on their experiences in eCommerce to talk about ways to create new revenues for your organization. While I was at Fisher-Price, I launched the company’s first ever eCommerce program. Since then I have worked with several companies in many business sectors launching their own eCommerce programs. While the Fisher-Price is now one of the most profitable divisions of the company, it did not come without gaining a few bumps and bruises along the way.  Bottomline – eCommerce is a LOT harder than it looks. WAV Group would like to [...]

By |2018-05-03T21:24:50-07:00October 5th, 2012|Main category, MLS Insights, Sales Advisory, Strategic Planning|Comments Off on WAV Group WEBINAR – eCommerce 101: It’s Not As Easy As It Looks!

WAV Group Publishes Study Showing that Local Real Estate Brokerage Websites Offer the Most Complete, Accurate and Timely Information About Homes for Sale

October 3, 2012—The WAV Group today published the results of an independent study of 11 major markets that found local real estate brokerage websites give consumers the most complete, accurate and timely information about homes for sale. The study evaluated sites from three local brokerages with real estate agents who help consumers buy and sell homes, comparing listing search results to those found on two national portals, Trulia and Zillow, which operate almost exclusively online. In the markets analyzed, the study concluded: Local real estate brokerage sites display 100% of the agent-listed homes for sale compared to about 80% for [...]

Update on Dot MLS Domains Association

There is some interesting news on the effort of a bundle of MLSs to procure the Internet Top Level Domain of MLS. But first, let me begin with a sidebar about Canada and trademark. In Canada, the Canadian Real Estate Association (CREA) filed a trademark on the brand, MLS®. To avert a long winded discussion of the implications – think of it as a trademark that provides CREA with all of the rights that the REALTOR® trademark provides to the National Association of REALTORS®. It was a brilliant move that prohibits anyone from using the term MLS® in Canada. In [...]

By |2018-05-03T21:24:51-07:00October 2nd, 2012|Main category, MLS Insights|6 Comments

Leveraging Business Intelligence and Predictive Analytics

I am a big fan of client servicing portals that leverage full MLS data rather than IDX data. The key here is that the consumer can see the full compliment of business intelligence powered by the MLS. Clearly, days on market, price changes over time, and recent sales history in the area are the fundamental elements of understanding listing price. Market Analytics are really helpful in informing predictions on what will happen in the near term for hyper local markets and hyper refined property attributes. If days on market for a 2 bedroom condominium in a building in San Francisco [...]

MLS Mobile 2012 – White Paper – What You Need To Know

Mobile access to real estate information by both professional real estate agents and consumers is critical, but with few exceptions the real estate technology industry serving our professionals has been slow to react to these  mobile needs.  We still have MLS products that require you to use Microsoft Internet Explorer to access them and there are still MLSs that don’t have great solutions for using an iPad on the MLS. - Download White Paper Here This white paper looks at where we are today with mobile technology in our MLS industry and hopefully sheds some light on where things are [...]

By |2018-05-03T21:24:51-07:00September 21st, 2012|Main category, Reports|2 Comments

Mitch Skinner Now Partner at Larson Sobodka

WAV Group is please to extend congratulations to Attorney Mitchell Skinner who has become a member of the legal firm Larson Sobodka. Mitch as been working with the firm's founder Brian Larson and first member, Elizabeth Sobodka for about two years. Clients of Larson Sobodka have undoubtedly had a solid experience working with Mr. Skinner. Skinner has been helping the firm with their core speciality: data licensing and vendor contracts. It is an area of expertise that has made the firm renowned throughout the industry. Vendor contracts has long been a speciality of the firm - and they have foraged new paths over the past [...]

By |2018-05-03T21:24:51-07:00September 20th, 2012|Main category, Press Releases|Comments Off on Mitch Skinner Now Partner at Larson Sobodka