In our efforts to stay connected, we connect to everything and often connect to many things at once. Our efforts to stay connected are notably separating us from the strong bonded connections that we need to succeed. Do you command attention with the people that are important to your success?
Are you following any of the Buyer Commission lawsuits? MLSs that require a listing broker to provide a blanket, unilateral offer of compensation to buyer brokers in order to submit a listing to the MLS is likely to be rendered obsolete. Imagining a future of the MLS without the offer of compensation, should be the top issue discussed in MLS board rooms today.
Today, the primary listing management solution used by brokers is the stock solution that is provided by the MLS system vendor. From there, listings are returned back to the brokerage. Ocusell's whitepaper discusses the business toils of listing management that creates the demand for having a stand-alone listing management solution.
If you want to compete as a brokerage, you can borrow the playbook of realtor.com to create articles that leverage your local expertise and deliver the most interesting article content for consumers in your area. The trick here is to make sure that consumers are engaging with your content. That is the benefit of following the headlines of realtor.com.
WAV Group partner, George Slusser will lead a panel of industry experts discussing the state of Mergers & Acquisitions in the real estate industry. Topics covered will include where valuations are headed for 2022 and the current buyer and seller trends.
Last week, The Los Angeles Kings hockey team launched their first ever NFT, in collaboration with Crypto.com, the Kings’ official cryptocurrency platform partner. WAV Group is very excited to have Nelson Diaz on our team shepherding real estate toward Web3. Diaz consulted on the strategy and his partnership with Project Midas produced the art.
Redfin has converted to the Constellation1 data aggregation service. The two companies have been collaborating on the transition in stealth mode. The Constellation1 managed MLS data is now live on Redfin.com. If you are an MLS providing data services to Redfin and have not gotten a new three-party data application, you probably will soon.
WAV Group co-founder, Victor Lund, will be traveling to the Bahamas to present on the topic of web3 in real estate. Future City 2022 is hosted by leading real estate publisher TheRealDeal. Future City 2022 is an exclusive retreat for C-suite executives, principals and partners who are learning of all the ways how PropTech is revolutionizing development, management, construction, design, marketing and finance.
Real estate technology is an important, strategic decision and a key differentiating factor for many of our clients today. With the development of web3 - and the growth in that community - we are confident that real estate technology has a prominent place and a bright future with web3. It is important that we establish this new division and center of excellence to help our clients navigate the opportunities that lay ahead - and practically limitless inventory.
Your intranet is the private and password gated back-office website that you provide for your agents and staff to communicate with each other and access the software that you make available. WAV Group studied a handful of leading intranets to determine if they were good at building community.
Very little is happening in the Web3 space in the real estate industry today, but brands and companies outside of our industry are investing and learning. WAV Group believes that our clients need to learn this space. The biggest trend in NFTs right now is collaborations. We are looking for opportunities for our real estate brand clients to collaborate.
At WAV Group, we have been helping MLSs and associations measure their success and helping them find the areas to improve. These years of experience of hundreds of surveys has led to the creation of the first Customer Experience Index (CXI) for the real estate industry.
