WAV Group Releases 2024 Brokerage Technology Roadmap Part 3: Data Management

As technology continues to redefine the landscape of the real estate industry, brokerages are increasingly relying on data-driven strategies to stay ahead of the curve. In the latest installment of WAV Group's 2024 Brokerage Technology Roadmap, Part 3 dives deep into the critical realm of data management. Let's explore the cornerstone of data management outlined in this report: creating a robust data collection policy and strategy.

By |2024-05-01T09:27:52-07:00May 1st, 2024|Broker Information, PropTech, Real Estate Technology, Suveys and Research|Comments Off on WAV Group Releases 2024 Brokerage Technology Roadmap Part 3: Data Management
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Real AI: The magic of the prompt, AI dominates Connect NY, facts, headlines and the Quote of the week

By Kevin Hawkins with Korey Hawkins | Vol. 2 Post 4 Real AI is a 100% human-created weekly roundup of all things AI in real estate and emerging AI innovations in other sectors likely to impact real estate, posting a new edition every Friday. The magic of the prompt There’s a secret to maximizing the effectiveness of generative AI that every real estate practitioner who uses AI must know above all else: the key to unlocking the best AI has to offer is in your prompts. This is a universal AI truth. It does not matter if you are using [...]

By |2024-05-13T13:53:45-07:00January 26th, 2024|Artificial Intelligence, Broker Information, Broker-Agent Information, Communications and PR, Computer Vision, Industry Observations, News, PropTech, Real Estate Technology, Research, Suveys and Research, Technology, Thought Leadership|Comments Off on Real AI: The magic of the prompt, AI dominates Connect NY, facts, headlines and the Quote of the week
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Real AI: Survey reveals real estate’s heavy use of AI, fast facts, five headlines, and a Quote of the Week

By Kevin Hawkins with Korey Hawkins | Vol. 2 Post 3 Real AI is a 100% human-created weekly roundup of all things AI in real estate and emerging AI innovations in other sectors likely to impact real estate, posting a new edition every Friday. AI survey reveals real estate’s heavy use, wide adoption A brand new study from real estate tech leader Delta Media shows the popularity and use of artificial intelligence (AI) in real estate has become nearly ubiquitous among America's leading real estate brokerages. Today, 75% of America's real estate brokerages already use AI technology, and almost 80% [...]

By |2024-05-13T13:54:32-07:00January 19th, 2024|Artificial Intelligence, Broker Information, Broker-Agent Information, Communications and PR, Computer Vision, Industry Observations, News, PropTech, Real Estate Technology, Research, Suveys and Research, Technology, Thought Leadership|Comments Off on Real AI: Survey reveals real estate’s heavy use of AI, fast facts, five headlines, and a Quote of the Week
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The Shifting Dynamics of Buyer-Agent Relationships in Real Estate

In the ever-evolving realm of real estate, the age-old question of whether to hire a buyer's agent is gaining renewed prominence, fueled by recent lawsuits that seek to shift compensation structures. As aspiring homeowners embark on their journey to property ownership, the necessity of engaging an agent is coming under increased scrutiny. Our latest research report, titled "How buyers feel about working with agents" delves into the services homebuyers value most and the imperative for agents to articulate the value they bring to the table in today's dynamic market.

By |2024-01-03T09:04:23-08:00January 3rd, 2024|Broker-Agent Information, Industry Observations, Reports, Research, Suveys and Research, WAV Group Research|Comments Off on The Shifting Dynamics of Buyer-Agent Relationships in Real Estate
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Real AI: AI in 2024, fast facts, top headlines and Quote of the Week

By Kevin Hawkins with Korey Hawkins | Vol. 1 Post 19 Real AI is a 100% human-created weekly roundup of all things AI in real estate and emerging AI innovations in other sectors likely to impact real estate, posting a new edition every Friday. AI in 2024 “This is only the beginning.” That’s what my youngest son said when we talked about AI during a holiday family dinner with three generations this week. He was explaining this to his 83-year-old grandparents how AI’s exponential growth will continue. Proud dad here: He is one smart kid (Boise State grad with highest [...]

By |2024-05-14T14:34:54-07:00December 29th, 2023|Artificial Intelligence, PropTech, Real Estate Technology, Suveys and Research, Technology|Comments Off on Real AI: AI in 2024, fast facts, top headlines and Quote of the Week
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Real AI: Evil AI, Holy Gemini, a great way for agents to use AI, fast facts, top headlines and Quote of the Week

By Kevin Hawkins with Korey Hawkins | Vol. 1 Post 17 Real AI is a 100% human-created weekly roundup of all things AI in real estate and emerging AI innovations in other sectors likely to impact real estate, posting a new edition every Friday. About Evil AI… WAV Group founding partner Victor Lund just published a provocative post called “Evil AI.” It's a vital topic to keep at the forefront of AI development. The underlying current is frightening. Evil AI demonstrates the enormous downside that has some of the most brilliant minds of our times warning us about the dark [...]

By |2024-05-14T14:38:39-07:00December 15th, 2023|Artificial Intelligence, Business Intelligence, Computer Vision, Cyber, PropTech, Real Estate Technology, Suveys and Research, Technology|Comments Off on Real AI: Evil AI, Holy Gemini, a great way for agents to use AI, fast facts, top headlines and Quote of the Week
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Navigating Multiple Bids and Fair Housing: Insights From WAV Group’s Latest Survey

Recently, WAV Group conducted a survey targeting individuals who embarked on the journey to purchase a home. This survey aimed to explore their experiences in the context of Fair Housing. Here are some preliminary findings from the study, with the complete results are available in the Fair Housing Survey Report now avaialable.

By |2023-09-19T13:06:23-07:00September 13th, 2023|Research, Suveys and Research, WAV Group Research|Comments Off on Navigating Multiple Bids and Fair Housing: Insights From WAV Group’s Latest Survey
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WAV Group Consumer Migration Study: Consumers who moved during the Pandemic are staying put.

The COVID-19 pandemic brought about significant changes to our lives, reshaping the way we work, socialize, and even where we call home. As remote work became the new norm, many individuals seized the opportunity to reassess their living situations and make a move. In this study, we aimed to explore migration patterns during the pandemic and understand the factors influencing relocation decisions. The Boomerang Effect: Relocating Back to Pre-Pandemic Homes? In our initial hypothesis, we postulated the existence of a boomerang effect, suggesting that individuals who had moved during the pandemic might eventually change their minds and desire to return [...]

By |2023-06-22T07:26:26-07:00June 22nd, 2023|Research, Suveys and Research, WAV Group Research|Comments Off on WAV Group Consumer Migration Study: Consumers who moved during the Pandemic are staying put.
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The Broker Business Intelligence Gap

Here at WAV Group, we invest a lot in business intelligence. Business intelligence is a broad term that can mean a lot of things. We define it as a 360-degree review that combines the collection of information from a variety of sources, then benchmarked against peer groups.

By |2022-11-09T19:15:51-08:00November 10th, 2022|Broker Information, Broker Technology Research, Business Intelligence, MLS Insights, Our Company, Our Services, Real Estate Technology, Strategic Planning, Suveys and Research, Technology, Technology Evaluation|Comments Off on The Broker Business Intelligence Gap
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Switching Technology Needs to Deliver an Improvement of 10x

WAV Group is conducting a national study for brokers only to take the temperature of the current market of real estate brokerage technology. This type of research tells you a few things. First, it tells you what you need to focus on. Secondly, it allows you to track satisfaction with the products that you have replaced to see if you have moved the needle.

By |2022-10-26T12:30:24-07:00October 27th, 2022|Broker Information, Broker Technology Research, Business Intelligence, Our Company, Our Services, Real Estate Technology, Suveys and Research, Technology, Technology Evaluation|Comments Off on Switching Technology Needs to Deliver an Improvement of 10x
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What is the most valuable service buyer agents provide?

One encouraging finding from the study was the high percentage of overall buyer satisfaction with the value provided by their agent. 88% of respondents thought that their agent earned the commission that they received on the home purchase. This is good news for an industry that has seen many “industry disruptors” enter the marketplace over the last several decades.

By |2022-10-26T08:57:58-07:00October 26th, 2022|Broker-Agent Information, Research, Suveys and Research, WAV Group Research|Comments Off on What is the most valuable service buyer agents provide?
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New Study Reveals Increased Transparency Leads to Increased Value

WAV Group’s new Buyer Agent Commission Study reveals many insights from buyers about their awareness, understanding and appreciation of how commissions work when buying a home.

By |2022-10-12T04:17:52-07:00October 12th, 2022|Reports, Research, Suveys and Research, Whitepaper|Comments Off on New Study Reveals Increased Transparency Leads to Increased Value
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