Four of the Industry’s Top Leaders Join Broker Public Portal Board

WAV Group has had the privilege of working with the Broker Public Portal since it was a concept developed by a few MLS executives and a handful of brokers from The Realty Alliance. They shared a vision for delivering a consumer search experience provided by businesses that support the consumer with buying and selling homes, not advertising. Today that vision will be carried on by four new Board Members, Dana Strandmo of BHHS (nationwide), Lacey Conway of Latter and Blum (Louisiana, Texas, Mississippi), OB Jacobi of Windermere (10 States), and Shelley Specchio of MIBOR (Indiana). From those early days, brokers [...]

By |2021-04-27T09:53:57-07:00March 18th, 2021|Broker Public Portal|1 Comment

Bright MLS harnesses MLS data to deliver breakthrough new Home Demand Index

Bright MLS created the idea of building a unique method for measuring current and future home demand by examining property search, MLS activity and showing appointment velocity to provide a look at present and future market demand. They partnered with T3 Sixty to build a Home Demand Index.

By |2021-03-17T09:51:55-07:00March 17th, 2021|MLS Insights, Press Releases|Comments Off on Bright MLS harnesses MLS data to deliver breakthrough new Home Demand Index

Cleveland, Dayton, Northwest Ohio MLS Systems Partner to Share Listing Data

Today, three of Ohio’s significant MLSs have announced a reciprocal access agreement. All three are CoreLogic Matrix markets, eliminating the need for agents to learn a different system when they link into the other MLS market. This is a very cost effective way to accomplish many of the goals of data sharing. Kudos to the folks in Ohio that discovered the vision for collaboration that is appropriate for their area.

By |2021-03-16T11:37:18-07:00March 16th, 2021|MLS, Press Releases|Comments Off on Cleveland, Dayton, Northwest Ohio MLS Systems Partner to Share Listing Data

Lone Wolf launches Digital Title Orders

Lone Wolf has extended the functionality of their marketplace to include the functionality of ordering title within the forms application. This saves a step for real estate professionals and makes the home purchase process more streamlined for the consumer.

By |2021-03-15T07:57:46-07:00March 15th, 2021|Broker-Agent Information, Press Releases|Comments Off on Lone Wolf launches Digital Title Orders

MLS NOW Upgrades to MMSI SSO Dashboard and Identity Management to support their Subscribers

MMSI has built an SSO dashboard that provides MLSs with more than one choice for SSO Dashboard services. I also love to see the choice coming from private, family-owned companies that have been dedicated to help organized real estate and the REALTORS® they serve be successful for over 30 years.

By |2021-03-16T11:13:34-07:00March 11th, 2021|MLS, Press Releases|Comments Off on MLS NOW Upgrades to MMSI SSO Dashboard and Identity Management to support their Subscribers

Real Estate Agent Eligible for PPP Loans Until March 31st

The second wave of federal loan funding to small businesses includes $250 Billion earmarked to small businesses. As of right now, about $128 Billion of that money is still available. Last week, the federal government extended the benefit to independent contractors including real estate agents.

By |2021-03-09T14:03:27-08:00March 9th, 2021|Broker-Agent Information, News|1 Comment

How NAR Got It Wrong in 1988 May Teach Us Something About Today

When George Slusser joined WAV Group to lead our Mergers, Acquisitions, and Valuations team, we all reviewed his book titled Acquiring Profit. I love reading old business books because time is a cruel fact-checker, and also because the thoughts of leaders in the past give us great guidance for our current forecasting predictions. Namely, don’t make them. When the book was written, the National Association of Realtors predicted that their membership would shrink from 820,000 to 500,000 by Y2k – the year 2000. At that time, there were also around 70,000 brokerages. The thought of industry leaders at the time [...]

By |2021-03-05T15:25:35-08:00March 5th, 2021|Mergers & Acquisitions, NAR, Thought Leadership|1 Comment

The Consolidation Continues and Will Accelerate

Today's announcement by Hanna Realty of the acquisition of Roy Wheeler Realty in Charlottesville, VA is another reminder that 2021 could be one of, if not the most, active consolidation year in real estate brokerage history

By |2021-03-03T15:26:10-08:00March 3rd, 2021|Mergers & Acquisitions, News|Comments Off on The Consolidation Continues and Will Accelerate

eCommission Launches Access: An Innovative Way for Real Estate Agents to Pay for Goods and Services

eCommission, the nation’s leading provider of working capital to real estate professionals, announced today the launch of Access, a Buy Now, Pay Later solution created exclusively for the real estate industry. 

By |2021-02-24T12:37:19-08:00February 24th, 2021|Press Releases, Technology|Comments Off on eCommission Launches Access: An Innovative Way for Real Estate Agents to Pay for Goods and Services

Pay Attention to Home Ownership Division Launched at Inside Real Estate

I connected with Ned Stringham from Inside Real Estate by phone to learn more about the announcement of their Home Ownership Division and was excited by what I learned.

By |2021-02-16T14:18:28-08:00February 15th, 2021|Broker Technology Research, Broker-Agent Information, Technology Evaluation|Comments Off on Pay Attention to Home Ownership Division Launched at Inside Real Estate

Aidentified Secures $10 Million in Series A Funding to Accelerate its Growth

The service provided by Aidentified integrates with your CRM and accomplishes three pretty magical feats.

By |2021-02-09T14:56:57-08:00February 9th, 2021|Artificial Intelligence, News, Technology|Comments Off on Aidentified Secures $10 Million in Series A Funding to Accelerate its Growth