Restb.ai is a must have technology for MLS
Restb.ai AI services will be fully integrated into FMLS’s CoreLogic Matrix platform and CoreLogic OneHome client collaboration portal.
The MLS IS the most powerful source of business generation
Generating leads and identifying more serious buyers can be a very expensive proposition. The MLS system itself - featuring a myriad of ways to share and promote properties - is arguably the best business generation source.
Black Knight Appoints Lucie Fortier As Executive Vice President Of Mls Solutions Group
Congrats to Black Knight for hiring Lucie Fortier as EVP of the MLS Solutions Group. Lucie has had a highly successful career architecting MLS solutions. Welcome back to the MLS team Lucie!
Data Sharing Done Differently with Trestle and RESO
If you are considering a data share, we hope you find inspiration from WARDEX. WARDEX has positioned itself for data sharing to resolve the problems of overlapping market disorder.
Toronto Regional Real Estate Board Delivers on Strategy of Choice
The Toronto Regional Real Estate Board (TRREB) has been focused on the Future Facing MLS initiative. To that end, they created PropTx Innovations Inc. (PropTx), a wholly owned subsidiary of TRREB.
Using ChatGPT Is Probably an MLS Violation
If you want to use ChatGPT to draft your property description, then edit it significantly, that’s fine. Just be careful. Also, do not copy paste.
Strategic Failure
Preparing for a Strategic Planning session involves a process of gaining a holistic view of the organization. Understanding your customer’s perspective is always the primary driver that informs everything. But understanding of staff culture and capabilities; system strengths and limitations; financial conditions; and industry trends pave a path to developing a plan that works. At the end of the day, the board of directors and the management team agree to a group of initiatives that will make the business stronger, and the strategic plan is born. Some organizations in real estate take the plan and execute it flawlessly where others [...]
Create Raving Fans! 5 Gotta Haves for your 2023 MLS Budget
WAV Group conducts more subscriber satisfaction research for MLSs than anyone else in the country, including our industry first Customer Experience Index. We have a depth of understanding of the key drivers of satisfaction and perceived relevance for MLS organizations. Here’s the 5 key opportunities for improving your MLS’ satisfaction and relevance as you move into 2023: Go TO Your Members Create a Field Support/Training Team There is NOTHING that drives up customer engagement and satisfaction for MLSs more than a team of customer servants that go out into the field, attending office meetings, broker events and community events. These [...]
CRMLS Makes Move to Become Property-Centric MLS
California Regional MLS(CRMLS) announced that it is making an aggressive move to become a property-centric MLS by forming a comprehensive partnership with Local Logic, Traditionally, MLS technologies have focused mainly on active, pending and recently sold properties. For agents to be successful today however, they need to be able to provide much broader real estate intelligence to their prospects and clients. Consumers are turning to agents for education on every element of a neighborhood, market and region. They’re looking for advice and counsel on everything from the proximity of power lines to family-friendliness and a whole bunch more.
UtahRealEstate.com and New Mexico MLS Ink Data Share Deal
UtahRealEstate.com has inked a deal with New Mexico MLS to share some of the data available between two neighboring western states. The release also says that NMMLS will eventually be able to offer some of the UtahRealEstate.com technologies to their subscribers as well. As more and more MLS data comes together, it provides brokers the opportunity to save money on multiple MLS subscriptions. It also simplifies their ability to roll up data from multiple markets.
New Mexico MLS and Roswell Association of REALTORS MLS Join Together
WAV Group would like to congratulate the New Mexico MLS and the Roswell Association of REALTORS(R) for coming together to expand the listing exposure and lead generation capabilities for New Mexico REALTORS(R). Owned by the New Mexico Association of REALTORS(R), New Mexico MLS was formed to provide professional MLS services to several associations across the state. The combined entity now represents approximately 1150 subscribers and makes it to the second largest MLS in the state. The more ways we can find to collaborate to help brokers succeed, the stronger our industry becomes!
NNRMLS study reveals that properties promoted on the MLS sell for more than off-MLS homes on average.
On average, a listing on the multiple listing service yielded a 17% premium in sales price over similar properties sold off-MLS independent of other variables. For a typical home, this resulted in a $55,250 increase in sales price. This study is consistent with studies conducted in other markets as well. It makes sense that a property promoted by hundreds of IDX feeds enabled by the Multiple Listing Service, plus the exposure to the most qualified network of industry professionals in the local MLS region would generate the most buyer interest.