WAV Group Workshop: Getting Proactive to Avoid even More Litigation and DOJ Scrutiny

On Friday, September 20, 2024, Marilyn Wilson of WAV Group summarized the topics she believes the industry needs to proactively address before another round of litigation or regulatory push forces the industry to address them. Using a plethora of WAV Group research studies, Wilson provided balanced data on many topics. She said “I’m not here to provide you answers, but to provide you with comprehensive insights on each of these topics so you can have well-informed discussions in each of your local markets.” 

By |2024-09-23T09:21:03-07:00September 23rd, 2024|Industry Observations, MLS, MLS Insights|Comments Off on WAV Group Workshop: Getting Proactive to Avoid even More Litigation and DOJ Scrutiny
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What will be the next costly lawsuit? Join our webinar to discuss the changes we need to consider

WAV Group's Marilyn Wilson will spotlight this critical conversation about the urgent changes needed to safeguard our industry and ensure we're putting consumers first.

By |2024-09-19T06:01:49-07:00September 18th, 2024|Industry Observations, MLS, MLS Insights, Webinars|Comments Off on What will be the next costly lawsuit? Join our webinar to discuss the changes we need to consider
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REALTY OF AMERICA Launches National Virtual Brokerage that Follows a Familiar Playbook

The idea of ROA is pretty simple: build fast and strong with a talented pool of agents, and go public. 

By |2024-09-19T06:02:24-07:00September 18th, 2024|Broker Information, Industry Observations, Virtual Real Estate|Comments Off on REALTY OF AMERICA Launches National Virtual Brokerage that Follows a Familiar Playbook
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Emerging Issues Advisory Board Reconvening in October to Continue Clear Cooperation and Other Key Policies Discussions

The Clear Cooperation Policy, which mandates REALTORS® to list properties on NAR-affiliated MLSs within one day of signing the listing agreement, is under scrutiny from the Department of Justice (DOJ), which has revived its investigation into the association’s rules. NAR has announced plans to appeal a court decision allowing the DOJ’s inquiry to continue. The discussion has also reached emergency status because of a Clear Cooperation Lawsuit scheduled to go to trial in November. 

By |2024-09-17T13:11:24-07:00September 17th, 2024|Industry Observations, MLS, MLS Insights|Comments Off on Emerging Issues Advisory Board Reconvening in October to Continue Clear Cooperation and Other Key Policies Discussions
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5 Ways to Increase Consumer Transparency and Address the Clear Cooperation Crisis

At WAV Group, we are passionate about finding ways to ensure the long-term success of the real estate industry by protecting the best interests of real estate consumers. The on-going spirited debate around the Clear Cooperation Policy centers around different brokerage and MLS beliefs about the ways to serve real estate consumers. 

By |2024-09-13T06:06:05-07:00September 13th, 2024|Broker Information, Industry Observations, MLS, MLS Insights, Thought Leadership|1 Comment
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Should NAR Modify Clear Cooperation Policy? WAV Group Releases Study Findings

WAV Group shares the results of its Clear Cooperation Study to gain directional insights into the feelings of brokers and MLSs regarding the Clear Cooperation Policy incorporated into the model rules by the National Association of REALTORS®.

By |2024-09-10T09:50:21-07:00September 10th, 2024|Announcements, Industry Observations, Legal in Real Estate, WAV Group Research|Comments Off on Should NAR Modify Clear Cooperation Policy? WAV Group Releases Study Findings
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Embracing AI for Better Consumer Engagement in Real Estate

Artificial Intelligence is transforming real estate, offering opportunities for better consumer engagement. By embracing AI, brokerages can provide personalized experiences, faster responses, and stay ahead of the competition.

By |2024-09-12T12:30:10-07:00September 9th, 2024|Artificial Intelligence, Broker Information, Broker Technology Research, Industry Observations|Comments Off on Embracing AI for Better Consumer Engagement in Real Estate
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Alarming New Trend – Dual Agency on the rise in Los Angeles

I just had a very interesting conversation with some well-heeled luxury brokers from Los Angeles. They told me that since the new requirement to sign a 14-page State-sponsored Buyers Agency Agreement before showing a property has gone into effect, they have seen a dramatic rise in dual agency deals.

By |2024-08-26T05:47:20-07:00August 27th, 2024|Broker-Agent Information, Industry Observations|1 Comment
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Can’t Miss Webinar: Why are some of the best Association Execs in the business getting fired?

After receiving about my 15th call is as many weeks from a distraught Association Executive telling me they just been fired, mostly for irrational and indefensible reasons, I just had to get my thoughts down to see what we can do to fix this systemic problem. I wrote an article entitled Why are so many of our strongest Association Executives getting fired?, about the ill-fated careers of many amazing Association staff leaders.

By |2024-08-26T05:39:51-07:00August 26th, 2024|Associations, Industry Observations, MLS, MLS Insights|Comments Off on Can’t Miss Webinar: Why are some of the best Association Execs in the business getting fired?
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The Irreconcilable Conflict Between Settlement Terms and NAR Membership Requirements

Now that the attorneys have been awarded nearly $1 billion, I believe we are going to see a lot more attorneys come out the woodwork to try to find additional vulnerabilities in our policies and procedures/traditions. I believe the attorneys and DOJ are just getting warmed up. Here’s one potential vulnerability that keeps me up at night….

By |2024-08-19T10:20:37-07:00August 19th, 2024|Associations, Industry Observations, MLS, MLS Insights|3 Comments
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A conversation with Brad Inman and RFK Jr. – A Key Highlight of the Inman Connect Conference

As the current chair of the National Small Business Association, the oldest non-partisan small business advocacy organization in the U.S., I was thrilled to see RFK Jr. express so much passion to provide support for small businesses to make it easier for all of us to survive and thrive. So, what did I learn from this fascinating session?  It’s truly hard to summarize it, but I’ll highlight some of the points that stuck out the most for me.

By |2024-08-06T06:00:16-07:00August 6th, 2024|Bills and Policies, Industry Observations, MLS, News, Thought Leadership|1 Comment
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