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

Black History Month: A Time to Recognize Those Left out of History, and to Address Recurring Issues, like Fair Housing

Change begins with awareness and education as the foundations to launch into strategic action.

By |2021-02-09T11:15:10-08:00February 9th, 2021|Our Company, Our Services, Strategic Planning|Comments Off on Black History Month: A Time to Recognize Those Left out of History, and to Address Recurring Issues, like Fair Housing

Planning for a Successful Exit

Often, I am asked, “when is the best time to sell my real estate brokerage firm?” An important benchmarking tool is to have a professional valuation prepared for your firm so you have a realistic starting point.

By |2021-01-26T15:27:24-08:00January 26th, 2021|Mergers & Acquisitions, Strategic Planning|Comments Off on Planning for a Successful Exit

Rental Beast study shows rental industry is bracing for “a multi-million-dollar impact”

Rental Beast held a press conference on Jan. 20th, moderated by Victor Lund, Founding Partner, WAV Group, to discuss the economic impact of a new policy change by Zillow. On Jan. 12, Zillow changed its rental policy and rental listings are no longer free. MLS rental listings are no longer being syndicated directly to Zillow. Instead, agents and brokerages will need to pay $9.99 per week, per listing for each rental property to be published on Zillow. The potential new costs to individual real estate agents, teams, brokerages and MLSs are massive. Ishay Grinberg, Rental Beast Founder and CEO, spoke [...]

By |2021-01-21T07:22:29-08:00January 20th, 2021|MLS, Uncategorized|Comments Off on Rental Beast study shows rental industry is bracing for “a multi-million-dollar impact”

Southwest MLS Names Richard Gibbens as New Director

Southwest Multiple Listing Service (SWMLS) of the Greater Albuquerque Association of REALTORS®, announced today it has named Richard Gibbens as its new MLS Director.

By |2021-01-15T07:45:15-08:00January 15th, 2021|MLS, Press Releases, Recruiting|Comments Off on Southwest MLS Names Richard Gibbens as New Director