MLSs around the country are worried that their software, services or support are not keeping up. How can you stay current when you operate in just one small market and have had the same board members recycling through your organization for years? Here are five ways that the WAVes of Change program have helped MLSs be more successful.
Your MLS faces the threat of competition for role and relevance at every turn. Are you chomping at the bit of the latest technology releases, or are the trends leaving you in the dust?
The bulk of our work is helping MLSs drive member satisfaction and adoption of existing services to brokers and agents. And, each year we help some number of MLSs with conversions to different vendors. Often, these conversions are related to consolidation and data sharing.
On July 4th in Atlanta, GA, a Fox 5 affiliate covered a story about the Hall County Sheriff’s Department warning potential home buyers and renters about scammers using actual listings and putting them under fake names on Zillow.
Stellar MLS has laid it down for other MLSs around the country to follow. They are setting a bar higher and higher for themselves to ensure that every product, service, contact, event, and marketing program is Stellar. They won’t stop until they get feedback in every aspect of their business.
What broker or agent could be mad about a fine that goes to charity?
For most people, real estate occupies the greatest percentage of family wealth – far more than investments in stocks or other wealth building accounts. Back in the 40s, my relative’s grandfather and his brother purchased a very modest two-bedroom cinderblock home in a nice neighborhood in St. Petersburg, Florida as a winter getaway. One brother ended up owning the property after his sibling and his wife passed. When the second brother passed, the property was inherited by his daughter, who is now 89 years old. She intends to either leave it to her grandchild or sell it and leave the [...]
For those few people that didn’t think REMINE was serious about making a big splash in the real estate industry, think again! They just raised an additional $30 million in Series A Funding bringing their total investment to $48 million. I am anxious to see what kind of MLS innovation can be delivered with that big chunk of money!
Love the news from FBS! They have recognized that the move from one MLS system to another is not an easy process so they are helping out their MLS customers by doing the hard work to build the pre-conversion marketing materials. We all know that you have to SELL a conversion – there is going to be at least one-third of your market that is NOT going to be thrilled about a system move. Flex is now providing the marketing support of FBS’ in-house marketing team to provide content, email blasts, social media posts, webinars etc. to help MLS members [...]
I am so honored to be included in Texas REALTORS® Magazine article Real Estate Trends to Watch for in 2019. The industry experts quoted here have delivered some great food for thought about the best ways to be successful in 2019 and beyond. Check it out! By Ward Lowe February 01, 2019 Real estate is an industry of continual change. Four real estate experts talk about what to expect in the future and how to leverage your marketing, strategy, and technology to achieve more success. NOBU HATA Director of Member Engagement, National Association of REALTORS® REALTORS® and brokerages need to [...]
To improve a business, it is common to focus on customer expansion, or delivering a wider array of services that your customers will pay for. For the last three years, Multiple Listing Service has been focused on consolidation (more customers) as a way of improving the MLS. Before that, the focus was on non-dues revenue. Three untapped areas for growth where most MLSs have not been successful are rentals, new home marketing, and commercial real estate. These are enormous categories in the real estate industry that have been asymmetrical because of the MLS core basis of cooperation and offer of compensation.
There is a progressive MLS leadership group that is fighting on behalf of brokers to make dramatic improvements in data management that needs broker support for their efforts. The group is called MLS Roundtable, made up of eight MLSs representing 300,000 brokers and agents. In an article published this week called Measuring Success for MLS Executives, Kathy Condon, President and CEO of Massachusetts regional MLS PIN scribes an eloquent synopsis of the status of migrating data feeds from the RETS transportation method to RESO Web API. She urges the industry to move forward quickly and responsibility. They need brokers to support the effort by encouraging more MLSs to focus their attention and treasury to RESO Web API adoption.
