REAL AI: AI in real estate will CRE lead the way, AI at Associations and MLSs, Fast Facts, Headlines and AI Quote of the Week

By Kevin Hawkins with Korey Hawkins | Vol. 2 Post 44 REAL AI is a human-created weekly roundup of all things related to artificial intelligence in real estate and emerging AI innovations in other sectors likely to impact our industry. We post a new edition every Friday, and our free newsletter is delivered every Monday. AI in real estate: Will CRE lead the way? One real estate tech truism that has endured since I’ve been in the business is that the most advanced technology gets adopted in the Commercial Real Estate industry well before residential real estate. Often, the determining [...]

REAL AI: Debunking ChatGPT Myths, AI and Data Standards at RESO, Facts, Headlines and AI Quote of the Week

By Kevin Hawkins with Korey Hawkins | Vol. 2 Post 43 REAL AI is a human-created weekly roundup of all things related to artificial intelligence in real estate and emerging AI innovations in other sectors likely to impact our industry. We post a new edition every Friday, and our free newsletter is delivered every Monday. Debunking the Top 3 ChatGPT Myths For those born post-internet, a famous comedian named Rodney Dangerfield coined the line "I don't get no respect. No respect at all" as a catchphrase of his standup act. Often, AI is maligned just like Rodney. Some of the [...]

By |2024-10-25T08:20:44-07:00October 25th, 2024|Artificial Intelligence, MLS, PropTech, Real Estate Technology, Technology|Comments Off on REAL AI: Debunking ChatGPT Myths, AI and Data Standards at RESO, Facts, Headlines and AI Quote of the Week

MLS Data Quality Control Software Space is Heating Up

Today, CRS Data, one of the nationwide leaders in public records software, announced their re-entry into the MLS Data Quality Control software space with their new product called ListingIntegrity.  This software category has heated up recently with the launch of this product, plus Checkmate from VestaPlus, and the relaunch of Data Checker from Corelogic. 

By |2024-10-25T07:37:28-07:00October 25th, 2024|MLS, MLS Insights, Press Releases, PropTech, Real Estate Technology, RESO|Comments Off on MLS Data Quality Control Software Space is Heating Up

82% Concerned if MLS was Sold to Private Company or Investment Firm

While the MLS has evolved into a technology company over the last several decades, the leadership and governance structures of these independent entities have lingered in their REALTOR association roots. 

By |2024-10-22T13:35:16-07:00October 21st, 2024|Associations, MLS, MLS Insights, Suveys and Research|Comments Off on 82% Concerned if MLS was Sold to Private Company or Investment Firm

Here Comes RESO Data Dictionary 2.0 – All MLSs Must Certify By April 2025

This is a wake up call to MLSs and the vendors that consume IDX data. By mutual agreement, every MLS must adopt the new standard within one year of that standard passing. The fuse was lit and there are six months to get every MLS up to speed.

By |2024-10-21T11:28:29-07:00October 21st, 2024|IDX, MLS, Real Estate Technology|Comments Off on Here Comes RESO Data Dictionary 2.0 – All MLSs Must Certify By April 2025

North Carolina Regional MLS New Brand – Hive MLS

North Carolina Regional MLS is embodying a move to reflect a humility and recognition that we are all better when we work together.  Their new name Hive MLS reflects the character and culture of their organization. They are a group that is driven by how they can consistently improve at serving the needs of their end users and the shareholder associations they partner with. Unlike some MLS brands, Hive MLS positions the company as a humble servant to the greater good and the success of the real estate professionals they serve. 

By |2024-10-18T06:02:15-07:00October 18th, 2024|MLS, MLS Insights, Press Releases|Comments Off on North Carolina Regional MLS New Brand – Hive MLS

WAV Group Post-Settlement Survey Reveals restrictive Lockbox Policies Needs to be Reconsidered

Today, local Associations provide lockbox access only to their local members. Some provide 1-day access codes with an additional cost to those outside of their territory. Others flatly refuse to provide access to members of other associations or MLSs they deem competitive. In Louisiana, for example, there are three markets equidistant from one another. Two of the three have agreed to provide reciprocal access, yet refuse reciprocal access to the third.. This type of anti-competitive behavior is completely counter to earlier proposed agreements with the DOJ that required statewide lockbox access to all licensees.

By |2024-10-10T07:26:31-07:00October 9th, 2024|Associations, MLS, MLS Insights, Research, Suveys and Research|Comments Off on WAV Group Post-Settlement Survey Reveals restrictive Lockbox Policies Needs to be Reconsidered

Ambivalence Expressed about Association Services in WAV Group Post-Settlement Sentiment Survey

Local real estate associations play a crucial role in supporting agents and brokers, providing services that range from professional development to community engagement. But how do members perceive the value of these services? Our recent survey of real estate agents and brokers reveals valuable insights into which offerings resonate most and where associations might refine their focus to better serve their members.

By |2024-10-08T11:48:55-07:00October 8th, 2024|Associations, MLS, MLS Insights, Research, Suveys and Research|Comments Off on Ambivalence Expressed about Association Services in WAV Group Post-Settlement Sentiment Survey

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

Omni MLS to Focus on New Home Inventory

This development follows the recent settlement with the National Association of REALTORS® (NAR) and underscores Builders Update commitment to fostering robust relationships between agents and builders.

By |2024-09-24T07:19:27-07:00September 19th, 2024|Builders, MLS, MLS Insights, Strategic Planning|Comments Off on Omni MLS to Focus on New Home Inventory