New 2022 Realtor Tech Survey Reveals Advances, Shortcomings

Today the National Association of Realtors released its annual Technology survey of members, one of my favorite yearly research studies. With over 2,400 responses, it provides excellent insight into how tech innovations are impacting the real estate business now and in the future. Not many surprises, but this new research confirms the acceleration of tech adoption as one positive factor fueled by the pandemic. Here are some quick highlights: -eSigning rules: Looking back at the last 12 months, respondents ranked eSignatures as the most impactful tech tool (79%), with lockboxes (67%) and local MLS apps/technology (67%) tied for second place. [...]

And the winner is … Revive tops 12 hot startups in the “Pitch Battle” at NAR iOi Summit

The two-day National Association of Realtors fourth annual iOi Summit in Los Angeles hit its crescendo just minutes before it adjourned with the biggest announcement of the conference. Revive Real Estate, the fast-growing startup that’s blazing the presale renovation trail, was named the 2022 winner of the highly coveted “Pitch Battle.” It was a moment that embodied the conference acronym: innovation, opportunity and investment as Revive snagged the winner-take-all $15,000 prize and benefits that will help pole-vault it massive industry awareness. Revive’s four-minute pitch was handled deftly by its CEO and Co-Founder Michael Allawadi. Then Michael faced four more minutes [...]

iOi Summit is Next Week – You Should Attend

This is no ordinary real estate conference where speakers “pay to play” and you’re essentially watching commercials on stage for days. The iOi Summit is different.  It doesn’t matter if you’re an investor, a start-up, or a tech-savvy realtor. The event takes place next week on September 28th and 29th, in Los Angeles. Register now!

By |2022-09-21T12:30:49-07:00September 21st, 2022|Associations, Conferences, M&A, Mergers & Acquisitions, NAR|0 Comments

How NAR Got It Wrong in 1988 May Teach Us Something About Today

When George Slusser joined WAV Group to lead our Mergers, Acquisitions, and Valuations team, we all reviewed his book titled Acquiring Profit. I love reading old business books because time is a cruel fact-checker, and also because the thoughts of leaders in the past give us great guidance for our current forecasting predictions. Namely, don’t make them. When the book was written, the National Association of Realtors predicted that their membership would shrink from 820,000 to 500,000 by Y2k – the year 2000. At that time, there were also around 70,000 brokerages. The thought of industry leaders at the time [...]

By |2021-03-05T15:25:35-08:00March 5th, 2021|Mergers & Acquisitions, NAR, Thought Leadership|1 Comment

Fair Housing Is Ultimately Local, Like Real Estate – National Association of REALTORS Declaration Must Trickle Down

Housing discrimination is a crime, punishable by federal fines exceeding $100k and other punitive measures, yet one that is still committed around the country even today. As NAR and the Urban Institute suggest, a first step in a solution framework to combat housing discrimination begins at the local level.

By |2020-08-20T13:42:48-07:00August 20th, 2020|NAR, Research|2 Comments

NAR Survey Signals Training Goals for Realtors Working from Home

The NATIONAL ASSOCIATION OF REALTORS® published a quick survey this week called the NAR Flash Survey: Economic Pulse - April 2020. One of the key questions that we were struck by was related to technology. Read more...

By |2020-04-17T12:42:36-07:00April 17th, 2020|Business Intelligence, NAR, Suveys and Research|2 Comments

California’s Vince Malta Taking the Reins as President of the National Association of REALTORS®

Vince Malta has a lifelong commitment to serving REALTORS® first serving in state leadership for the California Association of REALTORS® and now putting his insights and expertise to work at the federal level for nearly 20 years.

By |2019-11-11T16:18:43-08:00November 11th, 2019|Follow the Leader, NAR, Press Releases|1 Comment