Nearly 40% of associations require a second board approval for expenses that have already been approved in the budget. In small and mid-sized organizations, this extra layer of scrutiny can stall initiatives for weeks or even months. In one case, a copier contract cost the association 8% more because it took four months to get final approval. That’s not sound oversight – that’s expensive inefficiency.
By partnering with brokers and leveraging advanced technologies, MLSs can redefine their roles, enhance service offerings, and remain integral to the real estate industry.
WAV Group has been conducting valuations of MLSs across the country, providing boards and shareholders with clearer insight into their investment.
OneKey MLS unified its backend on Matrix to streamline operations, boost data accuracy, and deliver smarter, future-ready tools for real estate professionals across NY.
This policy marks a key shift, promoting fairness in the digital market. Our white paper helps MLSs, Board Managers, and brokerages grasp its impact and implications.
Acquisitions often come with risk. Promises get made and broken. Products change hands and lose their soul. But this deal has a different feel.
Every agent wants a faster and better way to enter listings accurately and ways to maximize the engagement and marketability of their listings. Agents are busy and do not always take the time to be sure they have done everything to put the property’s best foot forward. In their haste to get the listing live, they sometimes makes mistakes which reduces the quality of the data for the MLS database.
A second consumer-centric MLS has joined New Mexico MLS in requiring floor plans for all of their listings.
A decline in Association membership is one of the main fears about opening up MLSs to licensees that are not members of the National Association of REALTORS®. There are MLSs representing hundreds of thousands of agents that have been offering Open MLS subscriptions since the 90’s.
While understanding your organization's value is essential, making a well thought out decision to sell is far more complex. The smartest MLS leaders are preparing now—before an unsolicited offer lands on their desk.
The real estate industry is in a state of constant evolution. Policies shift, technology advances, and consumer expectations continue to rise. For local MLSs and real estate associations, staying informed on these national and global changes isn’t just a nice-to-have—it’s essential for survival and success.
Valuations aren’t just for businesses preparing to sell. They’re a strategic tool to help MLSs make informed decisions, plan ahead, and uncover areas where they can grow stronger. Whether you’re considering a change or just trying to run smarter, knowing your value is essential.
