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1 06, 2012

New, simple way to keep your Board of Directors up to date on key issues facing MLSs

By |2018-05-03T21:24:59-07:00June 1st, 2012|Broker-Agent Information, Main category, MLS Insights, Our Company, Our Services|Comments Off on New, simple way to keep your Board of Directors up to date on key issues facing MLSs

When we facilitate strategic plans for MLSs across the country, we often hear that board members would like their MLS to do a better job of keeping them up to speed on the key issues facing MLSs today.  With today’s budget crunches it is virtually impossible to send all of a MLSs leadership to conferences and workshops. We thought that maybe there’s a way for WAV Group to bring the conference to MLS boards so that each board member can stay up to speed without having to spend the time and money attending conferences all over the country. That’s why [...]

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10 05, 2012

RPR Broker Case Study – Helping Brokers Understand and Use Realtors Property Resource®

By |2018-05-03T21:25:02-07:00May 10th, 2012|Broker Technology Research, Broker-Agent Information, Main category, Product Management, Reports, Suveys and Research|Comments Off on RPR Broker Case Study – Helping Brokers Understand and Use Realtors Property Resource®

WAV Group provides consulting services brokers across the country to help them find the most effective ways to leverage the technology tools they have chosen for their agents. Some of those tools are provided by MLSs as part of their monthly subscription fees. In working with brokers we have learned how stressed the life of a broker is. Their agents, clients, accountants and office staff pull them in a million directions.  Their daily tasks make it virtually impossible to keep up on all of the latest technologies being offered to them. Today, WAV Group is introducing the third in a [...]

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9 05, 2012

Onboard Targets ListHub Reports with New Product

By |2018-05-03T21:25:03-07:00May 9th, 2012|Broker Technology Research, Main category, Marketing, MLS Insights, Press Releases|3 Comments

In a press release found below, Onboard announced the launch of Listings 360 insight Advisor. This product is a reporting solution like Listhub Reports, and FREE!  However, Listings 360 does not include syndication at this time. The first customer in line to release the product is Chicago multiple listing service provider, Midwest Real Estate Data (MRED). Connecticut MLS (CTMLS) and Metropolitan Regional MLS (MRIS) have also licensed the solution for their subscribers. WAV Group spoke to MRED CEO, Russ Bergeron to understand the strategy behind the launch. Bergeron indicated that MRED likes to offer more than one product option when [...]

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4 05, 2012

Move Announces 2x More Revenue than Zillow

By |2018-05-03T21:25:04-07:00May 4th, 2012|Broker Technology Research, Main category, Marketing, Press Releases|Comments Off on Move Announces 2x More Revenue than Zillow

Today, there are two front-runners in online property search – Zillow and Move. They are both public companies. Falling in line behind them are two private companies, Homes.com and Trulia. Here is how the revenue stacks up on the public companies. Move, Inc., Operators of Realtor.com who is in partnership with AOL Real Estate and MSN real estate for publishing broker listings reported revenue of $47.7 million today. Move did not report any earnings or losses. Seattle Upstart Zillow has been on a run, increasing traffic to levels comparable with Move and purchasing companies. They reported revenue of $22.8M and [...]

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25 04, 2012

Listhub launches new dashboard

By |2018-05-03T21:25:05-07:00April 25th, 2012|Broker Technology Research, Main category|2 Comments

Years ago, before ListHub, Point2, and Postlets, – if a broker wanted to publish listings to a third party consumer facing website, they would need to hand enter the listing or manufacture a data feed. ListHub was among the pioneering companies that helped brokers solve this problem. Today, in most MLS markets around the nation, ListHub offers a free service to brokers that will send broker listings to hundreds of websites. Today, ListHub released an upgrade to this system that offers more brokers options and flexibly in choosing their publisher partners. For MLSs, ListHub now allows you to share your opinion about each [...]

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20 03, 2012

Free WAV Webinar on Technology Adoption Keys and New “Free” Service for MLSs/Association

By |2018-05-03T21:25:08-07:00March 20th, 2012|Broker-Agent Information, Main category, MLS Insights, Technology Evaluation|Comments Off on Free WAV Webinar on Technology Adoption Keys and New “Free” Service for MLSs/Association

Real estate technology is changing in dramatic ways today at both the MLS and broker levels as we have detailed in recent white papers, “The Shift in Real Estate Technology” and “Real Estate Technology – Keys to Adoption”.   MLSs and Associations now have more opportunities than ever to offer their members technologies that make their business lives easier and more efficient.   A number of these new models for introducing the right software today are a win/win for both the vendors and the customers as they rely on “value selling” and often allow revenue to be realized on both the vendor [...]

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15 03, 2012

How Strategic is your Strategic Plan?

By |2018-05-03T21:25:09-07:00March 15th, 2012|Broker Technology Research, Broker-Agent Information, How to Make Strategic Planning Really Work in your MLS, Main category|Comments Off on How Strategic is your Strategic Plan?

The real estate industry is in a state of flux – many of the rules as we know it are changing before our eyes. Demanding consumers now require a lot more from their agents. Agents expect more from their brokers. Brokers believe their Associations and MLSs need to do more to help them survive. Every group in the real estate “food chain” is at risk of becoming overpriced, irrelevant or both by the changes before us. So what is YOUR organization doing to prepare for the inevitable changes being thrust upon it? Is your group looking at “worst case” scenario [...]

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13 03, 2012

Running an Association does not have to be a “Life Sentence”

By |2018-05-03T21:25:09-07:00March 13th, 2012|Main category, Strategic Planning|Comments Off on Running an Association does not have to be a “Life Sentence”

Association Executives serving a 'Life sentence"   At WAV Group we work with leading associations and MLSs around the country helping them to find world class talent to continue an organization’s growth and evolution. We are lucky enough to be able to observe board dynamics, internal operations and CEO-led initiatives. As an industry, we are blessed with loyal leaders and followers who value the tradition of real estate and the process of governing the industry as well.  They clearly understand the unique needs of REALTORS® and are passionate about nurturing the real estate industry.  Many of them have [...]

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9 03, 2012

Is the MLS responsible for the Syndication Mess?

By |2018-05-03T21:25:10-07:00March 9th, 2012|Broker-Agent Information, Main category, Strategic Planning, Technology Evaluation|2 Comments

I give a lot of credit to the Council of MLS for their commitment to understanding the issues with listing syndication and formulating an effort to fix it. In the first place, the failure of many MLSs to understand listing syndication has been the cornerstone of the problems that exist today. Here is a little history lesson. In the beginning, only a few brokers with their own IT staff were able to supply a feed of their listings to publishers. When a broker has hundreds of listings or tens of thousands of listings like Howard Hanna, Prudential Fox and Roach and [...]

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16 02, 2012

MLS strategy to diversify revenue

By |2018-05-03T21:25:14-07:00February 16th, 2012|How to Make Strategic Planning Really Work in your MLS, Main category|8 Comments

WEBINAR RECAP WAV Group, RE Technology, and Zuora sponsored a webinar on the topic of non-dues revenue on February 15th, 2012. Panelists for the webinar included Jeremy Crawford of MLSListings.com, Melissa Olson of Metrolist Colorado, John Heithaus of Metropolitan Regional Information Systems, Kevin Green of Real Estate Digital, and Travis Hutch of Zuora. Victor Lund of WAV Group was the session moderator. Overview Associations and MLSs have been in the business of offering non-dues related products for some time now. They have sold yard signs, closing documents, certification training, and lock box products for years. [...]

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9 12, 2011

Stewart Information Services Corporation Appoints New Executive Team

By |2018-05-03T21:25:20-07:00December 9th, 2011|Main category, Press Releases|Comments Off on Stewart Information Services Corporation Appoints New Executive Team

Stewart Information Services Corp. (NYSE: STC) announced today a new executive team. Recently appointed CEO Matt Morris created the new executive team to capitalize on Stewart’s strengths and further align the organization for smart growth and continued market leadership in the real estate services industry. The structure increases focus, speeds decision making and provides for greater alignment between operational areas and key customer segments. “I am extremely excited to announce our new executive team and to be surrounded by some of the greatest leaders within our industry,” said Matt Morris, CEO. “This group of experienced industry veterans will join me [...]

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8 12, 2011

MLSs Need to Move From Historic to Predictive Data

By |2018-05-03T21:25:21-07:00December 8th, 2011|Main category|Comments Off on MLSs Need to Move From Historic to Predictive Data

The data we use in the real estate industry to understand market trends and to help buyers and sellers in their real estate transactions is largely historic.  Another way to look at that, is, it is dated, old news.  We have real estate markets today that are changing very quickly. Changes may be driven by high numbers of distressed property sales, REOs, short sales, and foreclosures etc. or normal market activity but the results are the same. Much of the real market activity in the form of offers is currently invisible.  This means there may be a huge amount of [...]

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