Broker-Agent Information Archives

FSBO Sites Grow as Broker and Franchises Languish

One of the pleasures of working at the WAV Group is the barrage of business questions that we are tasked to answer on a regular basis. Often, the questions challenge conventional understandings about the effectiveness of strategies in real estate. A key strategy discussion among executives at large broker firms and at large franchise organizations surrounds listing syndication to FSBO websites. Syndication strategies that each firm chooses varies relative to local market competition and consumer behavior. I highlighted that last sentence because it is the most important statement in this blog post. Many brokers and franchises are looking at what appears [...]

By Victor Lund|2018-05-03T21:25:21-07:00November 30th, 2011|Broker Technology Research, Broker-Agent Information, Main category, Marketing, Strategic Planning|1 Comment

WAV Group 2011 MLS Technology Survey Results

From September 23, 2011 to October 21, 2011 WAV Group fielded the WAV Group 2011 MLS Technology Survey to participating MLSs. 66 MLSs, representing 33 different states and provinces participated in the survey at both staff and user level. 10,779 individual participants filled out the survey completely making it the largest survey of its kind. National survey information serves as a great foundation to show you how your system stacks up with other MLS systems and what users are saying about each of these systems. Thirteen vendor MLS systems had enough responses to be represented in the survey at both [...]

By WAV Group|2018-05-03T21:25:22-07:00November 28th, 2011|Broker Technology Research, Broker-Agent Information, Clients, Main category, MLS Insights, Suveys and Research|1 Comment

Real Estate Digital Spins Out of LPS Real Estate Group

Real Estate Digital (or RED), announced a management buy-out of select assets of LPS Real Estate Group and the formation of the new company. RED, the new privately-held corporation, will focus on the support of 12 core technology products offered to the real estate industry today: rDesk® Websites, rDesk® CRM, rDesk® CMA, rDesk® IDX, Real Estate & Living Media®, reDataVault, TransactionPoint®, DocCentral, FormCentral, Data Aggregation System, Neighborhood and School Reports and MLS Portal. Executive leadership of the company includes current LPS Real Estate Group President Jay Gaskill, CTO John Hensley, CSO Prem Luthra, and CFO Mike Kovar. The company expects [...]

By Victor Lund|2018-05-03T21:25:29-07:00September 14th, 2011|Broker Technology Research, Broker-Agent Information, Main category, MLS Insights, Press Releases, Strategic Planning|Comments Off

RE Technology launches VScreen Training Videos

Leading real estate technology media site, RE Technology, has partnered with VScreen to create agent training videos from top industry trainers. Arroyo Grande, CA (September 2011) – As a leading technology resource for the real estate industry, no one understands the value of video for websites better than the team at RE Technology. The company has partnered with VScreen, a leader in real estate training video creation and distribution, to improve their website’s home page: www.RETechnology.com. “We’ve published many articles about video on our website,” says Victor Lund, CEO of RE Technology, Inc. “We figured it was time to ‘walk [...]

By Marilyn Wilson|2018-05-03T21:25:30-07:00September 8th, 2011|Broker Technology Research, Broker-Agent Information, Main category, Our Company, Technology Evaluation|1 Comment

Trulia launches Trulia Estimates

WAV Group spoke to Trulia to gain a preliminary glimpse into the new product offering that launched today. The areas covered in the beta include five San Francisco Bay area counties including San Francisco County, Marin County, San Mateo County, Santa Clara County and Contra Costa County. Trulia indicates that they have been working on developing their property estimate algorithm from scratch internally, leveraging the strengths of their data team and property scientists. The company has been benchmarking the effectiveness and accuracy across multiple commercial and consumer AVM solutions for many months to gain confidence in the quality of the [...]

By Victor Lund|2018-05-03T21:25:30-07:00September 7th, 2011|Broker Technology Research, Broker-Agent Information, Main category, Marketing|1 Comment

Market Leader Launches New Best-in-Class Product to Provide Home Buyers and Sellers With Local Market Data

KIRKLAND, WA — (MARKET WIRE) — 08/03/11 — Market Leader (NASDAQ: LEDR) (http://www.MarketLeader.com), a leader in online marketing and technology solutions for real estate professionals, today launched Market Insider, a comprehensive, powerful and innovative set of tools to brand agents as the neighborhood expert, keep prospects coming back to their website, and drive greater loyalty and sales from customers and referrals. Market Insider engages home buyers and sellers with customized, up-to-date reports of home sales, trends, demographics and side-by-side statistics on their favorite neighborhoods. This detailed, local market data is available for consumers to browse on the agent’s website, and [...]

By Marilyn Wilson|2018-05-03T21:25:33-07:00August 4th, 2011|Broker-Agent Information, Main category, Marketing, Press Releases|Comments Off

William Raveis Wins Inman Most Innovative Real Estate Brokerage Award

Last Thursday afternoon was a surreal moment for William Raveis Real Estate, Mortgage & Insurance. The company was announced as the “Most Innovative Brokerage or Franchise” at Inman News’ 2011 Innovator Awards, held in the beautiful Hilton San Francisco. Inman’s Annual Innovator Awards recognize exceptional national achievements in real estate technology and marketing. To give a simple analogy: winning an Innovator Award is akin to winning an Oscar at the Academy Awards. Every year, the real estate glitterati, from world renowned brokerages to Silicon Valley startups-gone-mainstream, gather in San Francisco and New York to talk about what they see in the [...]

By Victor Lund|2018-05-03T21:25:33-07:00August 3rd, 2011|Broker Technology Research, Broker-Agent Information, Main category|Comments Off

RE Technology Announces Giveaway Winners

Arroyo Grande, CA (August 1, 2011) – The more than 700,000 subscribers to RE Technology’s website (www.retechnology.com) have been excited to see the outcome of the July Giveaway. The company, a top media site for the real estate technology industry, today announced the lucky winners. “This Giveaway was fun for us, our subscribers, and the tech companies who participated,” says Victor Lund, CEO of RE Technology, Inc. “The contest began on July 8th, and we’ve seen a great response since then.” For the Giveaway, RE Technology subscribers could choose 3 prizes (giving them 3 chances to win) from top technology [...]

By Marilyn Wilson|2018-05-03T21:25:33-07:00August 2nd, 2011|Broker-Agent Information, Main category|Comments Off

Turn Social Networking into a Lead Generation Engine

While social media has become a very important part of the real estate sales process, many agents still struggle with how to leverage it effectively. They don’t know how to keep up with Facebook, Twitter, etc., and they definitely don’t know how to use the tools for lead generation. Move, Inc. must have recognized this challenge that agents are facing, and they have come up with a solution to help agents deal with this problem. The company announced this week that they have purchased the SocialBios platform. SocialBios allows individuals and companies to create one social hub for their online profiles [...]

By Marilyn Wilson|2018-05-03T21:25:34-07:00July 21st, 2011|Broker-Agent Information, Main category|Comments Off

My Florida MLS (MFRMLS) Signs Exclusive Agreement With CoreLogic Partner InfoNet Program

My Florida Regional MLS Joins CoreLogic® Partner InfoNet —Largest MLS in Florida Signs Exclusive Agreement— SANTA ANA, Calif., July 19, 2011—CoreLogic (NYSE: CLGX), a leading provider of information, analytics and business services, today announced that My Florida Regional MLS (MFRMLS) has signed an exclusive agreement with CoreLogic to participate in Partner InfoNet. Partner InfoNet is a revenue sharing program in which multiple listing services (MLSs) license their listing data to CoreLogic for use in risk management products for mortgage lenders, servicers and the capital markets. “Partner InfoNet gives us a controlled way to license our data and deliver that value [...]

By WAV Group|2018-05-03T21:25:34-07:00July 19th, 2011|Broker Technology Research, Broker-Agent Information, MLS Insights, Press Releases|Comments Off

Good Sales People Like Tension!

Want to Lose a Sale? Be a Therapist! If you are a sales person, selling anything from property to technology, have you ever made this classic mistake? Your customer has entered the buying process, for whatever the product is, a house, a new MLS system, a new website, whatever, and you have a chance to sell them your product. They have reached what I will call the “threshold of activation” meaning simply that enough energy exists around an event for them to take action on it. They have experienced a business pain or recognized some lack in how they are [...]

By WAV Group|2018-05-03T21:25:35-07:00July 11th, 2011|Broker-Agent Information, Main category, Marketing, Our Services|Comments Off

LPS Applied Analytics Introduces LPS Home Price Index

JACKSONVILLE, Fla. – July 7, 2011 – Lender Processing Services, Inc. (NYSE: LPS), a leading provider of mortgage and real estate technology, data and analytics, today announced that its LPS Applied Analytics division has introduced the LPS Home Price Index (HPI). The LPS HPI shows historical price trends for residential properties in the United States, offering cost-effective estimates of property values that underlie residential mortgage portfolios and securities. […]

By Marilyn Wilson|2018-05-03T21:25:35-07:00July 11th, 2011|Broker-Agent Information, Main category, Press Releases|Comments Off