Jeremy Crawford moves up state to MLS Listings

In a press release it was announced today that Real Estate Technology Leader Jeremy Crawford Joins MLSListings, Inc. as Chief Information Officer Jeremy also recently became a father! Congratulations to Jeremy and his family. It must be hard to leave Sandicor where he and his team, under the leadership of Ray Ewing provided outstanding services to the brokers and agents of San Diego County. in 2010, Mr. Crawford was awarded the CIO of the Year Award (see post link below). At MLS Listings he will serve under the leadership of James (Jim) Harrison, CEO, Deb McManus and a host of [...]

By |2018-05-03T21:25:52-07:00February 8th, 2011|Broker-Agent Information, Main category|Comments Off on Jeremy Crawford moves up state to MLS Listings
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740 and 25% are the new magic mortgage numbers

The Frank-Dodd bill was designed to insure that loan originators to have any financial interst in the terms or conditions of a loan. But in a policy change today, Fannie and Freddie announced changes in the terms and conditions of a loan that modifies their financial interests. Thats right, the Government Sponsored Enterprises (GSEs) just did exactly what other loan originators are denied from doing by law. Specifically, charge higher interest rates for higher risk loans. If you do not have a credit score of 740 or better, or put down 25% of the purchase price - you will pay [...]

By |2018-05-03T21:25:52-07:00February 8th, 2011|Main category|Comments Off on 740 and 25% are the new magic mortgage numbers
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The Realty Alliance Top 20 for January 2011

The online ecosystem for real estate search is a very competitive place on a variety of levels. As we reported in early January, WAV Group is taking a deep look at the online effectiveness of a group of the largest brokerages in America, The Realty Alliance. From month to month, there is always a bit of movement and this month shows some gains and some losses in the top 20. Congratulations to Edina Realty who jumped up to third position. They jumped ahead of nearby leading brokers Crye-Leike and SibscyCline. Both SibscyCline and Crye-Leike are still leading Edina in page [...]

By |2018-05-03T21:25:53-07:00February 7th, 2011|Broker-Agent Information, Main category|Comments Off on The Realty Alliance Top 20 for January 2011
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Rapportive for Real Estate

If you are a small company or want to have a personal account outside of business, you probably have a Gmail account. GMAIL account are also cool because they integrate so well with other contact and email rich technology platforms like Social Networks. As you probably know, you can inport all fo your GMAIL contacts into Facebook, Linkedin, Twitter, Skype, and an million other products by simply entering your gmail email address and password. One really cool think that is beginning to happen - every so slowly - but people are beginning to use GmailL.com as thier primary email client [...]

By |2018-05-03T21:25:53-07:00February 5th, 2011|Broker-Agent Information, Main category, MLS Insights|Comments Off on Rapportive for Real Estate
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The Power of Benchmarking – MFRMLS Experiences New Heights in Customer Satisfaction

The Power of Benchmarking WAV Group strongly believes that you cannot accomplish what you cannot measure. How do you know if your customers are loyal fans and would recommend you to others? By asking them, of course.   And not just asking them on occasion, but every time anyone in your organization connects with them in any way. We have witnessed significant improvements in customer satisfaction when a MLS regularly measures satisfaction levels and then, of course, continues to improve in the areas where they have received suggestions for improvement. Why does satisfaction matter? After all MLSs for the most part [...]

By |2018-05-03T21:25:53-07:00February 4th, 2011|Main category, MLS Insights|Comments Off on The Power of Benchmarking – MFRMLS Experiences New Heights in Customer Satisfaction
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CoreLogic Marketlinx publishing InfoNet Licensing partners

The places one finds business intelligence these days….. Twitter! If you follow@marketlinxnews on twitter, you will see their rather casual announcements of each instance that an MLS or Association enters into a licensing agreement for InfoNet.InfoNet is CoreLogic’s data licensing program whereby they license active listing content from MLSs (and pay them for it) then sell access to the data via their AVM products to the federal government, banks, freddie, fannie, insurance companies and the like. Their only competitor in this marketplace is NAR’s subsidary, the Realtor Property Resource. They also build an AVM called the RVM (Realtor Valuation Model) [...]

By |2018-05-03T21:25:53-07:00February 3rd, 2011|Main category, MLS Insights|Comments Off on CoreLogic Marketlinx publishing InfoNet Licensing partners
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MLSs need to protect their brand

Real Estate agents and brokers somehow believe that the keyword “MLS + CityName” is an important search term to drive qualified visitors to their website. According to the WIN Reports by WAV Group - these agents and brokers are correct! The search term MLS+cityname, like San Francisco MLS is very popular - and this is true of every metropolitan area that we study. The reasoning is also sound - the MLS has the most accurate and complete listing data on the internet and it is a great place to find a qualified agent. Why wouldn’t a consumer want to start their real [...]

By |2018-05-03T21:25:53-07:00February 3rd, 2011|Main category, MLS Insights|Comments Off on MLSs need to protect their brand
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MRED sets standard of excellence in MLS press communications

WAV Group tries to highlight Standards of Excellence by MLS service providers. This one caught our eye today. MRED is among the largest and most progressive MLS service providers in the nation - serving more than 40,000 subscribers and hosting a leading level of property records. In a press release today, they received national press coverage regarding the health of the real estate market in Chicago and surrounding marketplace they serve. Moreover, the press release highlights how vital the MLS service is to agents, brokers, appraisers and the consumers that they serve. Components of the press release that are newsworthy [...]

By |2018-05-03T21:25:53-07:00January 31st, 2011|Main category, MLS Insights|Comments Off on MRED sets standard of excellence in MLS press communications
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Google is not out of the real estate listings business

The last few days have been full of Google noise in the real estate blogs and media. From our perspective, it has been a bit comedic. Google made a post on their blog about shutting down Google Base and everyone went into shock. Google Base was never a great idea. It was a project to aggregate real estate listing data because they could not get the listings by their standard methods - indexing. At the time that Google Base was created, Google Robots and Spiders were blocked from indexing real estate listings on nearly all property search websites. Realtor.com blocked [...]

By |2018-05-03T21:25:54-07:00January 29th, 2011|Broker-Agent Information, Main category|Comments Off on Google is not out of the real estate listings business
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Divided we get conquered!

Can’t we all just get along? Last week at Inman Connect in New York City, I was invited to share the Top 5 questions MLSs should address in the next year.  I reserved one of my five points to one of the key dysfunctions I have observed in our industry - Internal Squabbling.   As the market gets tighter and budgets gets strained, we see more and more examples of discord between real estate organizations supposedly all designed to serve the needs of real estate professionals.  In some regions we see local real estate associations engaging in predatory practices, trying [...]

By |2018-05-03T21:25:54-07:00January 22nd, 2011|Broker-Agent Information, Main category, MLS Insights|Comments Off on Divided we get conquered!
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Real Estate Forms are falling apart

As a consulting firm, we see the best and the worst sides of our industry. We see cooperation among likeminded people moving the industry forward, and we see what happens when those same likeminded people begin to disagree. It is not our station to pick sides, but rather like an attorney or a doctor, we advise our clients on the best way to win or get well. On the issue of forms, WAV Group is not on either side - but a mess is a foot; and profit may come in the way of progress. There are a couple of [...]

By |2018-05-03T21:25:54-07:00January 21st, 2011|Main category, MLS Insights|Comments Off on Real Estate Forms are falling apart
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Walmart Realty

If you don’t think that Walmart is in the real estate business - guess again. Walmart owns and manages one of the largest commercial real estate portfolios in the United States, representing tens of millions of square feet. So far, they have been purposeful about buying property for current and future store locations related to the company’s current and future needs. Walmart understands a lot about managing their staff, and communicating to consumers. Although representatives for the company would not comment, running a residential real estate office is rumored to be on the radar. Visit their website.

By |2018-05-03T21:25:54-07:00January 19th, 2011|Broker-Agent Information, Main category|Comments Off on Walmart Realty
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