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9 07, 2018

Real Estate Must Fix the Problems with Photography

By |2018-07-09T11:00:17-07:00July 9th, 2018|Main category|6 Comments

One of the most interesting things about being an expert witness is recognizing how companies can avoid costly litigation. Zillow actually tested the courts in the case of VHT v. Zillow. The facts of the case were reported by Inman News. In summary, VHT filed for copyright on their images. The copyright was granted. VHT then provided a notification of their filing and requested removal. Zillow refused. VHT sued. The court awarded damages. I think the case is on appeal. This issue is not with Zillow or any other portal, it is about protecting the rights of copyright holders and giving privacy to families that buy homes.

25 06, 2018

Broker Public Portal is the #2 MLS Consumer-Facing Website!

By |2018-06-25T15:30:10-07:00June 25th, 2018|Main category|1 Comment

The Broker Public Portal with Homesnap continues to take the industry by storm.  The strategy to pool the listings and resources of MLSs across the country is working! In just over a year after the BPP/Homesnap partnership was announced, there are now 145 MLSs representing 875,000 agents on one marketing platform featuring over 90 million properties, generating thousands of FREE leads every day for agents.  

18 06, 2018

iBuyer or iFlipper? Let’s Look Under the Hood.

By |2018-10-14T08:33:36-07:00June 18th, 2018|Sales Advisory|1 Comment

This week, there was breaking news about an iBuyer receiving $325m in series “E” funding as well as lots of talk about their business model and game plan. Given all the buzz, I thought it would be a good time to spend time under the hood, to understand how this motor is put together!

18 06, 2018

NAREE Conferences Continue to Break New Ground

By |2018-06-18T09:00:56-07:00June 18th, 2018|Main category|2 Comments

WAV Group attended the NAREE conference for the fifth consecutive year. For more than a few of team members like Kevin Hawkins, they have attended nearly every year of their career. Here is the inside word. If you want to be heard, you need to be a newsmaker. The key to getting access to be heard is establishing a relationship with journalists – otherwise, you are a whisper.

13 06, 2018

CoreLogic Introduces Elm Street Technology’s Elevate Product to Brokers

By |2018-06-13T07:16:09-07:00June 13th, 2018|Main category, Press Releases|Comments Off on CoreLogic Introduces Elm Street Technology’s Elevate Product to Brokers

CoreLogic’s strategic partnership team has been very busy lately. Last month they introduced a relationship with Homes.com for MLS consumer websites and with Prospects for agent CRM. In an announcement today, they have added Elm Street Technology’s Elevate brokerage solution to the mix of offerings.

11 06, 2018

How Do the Top 20 Sites Manage Digital Search Advertising?

By |2018-08-20T06:54:10-07:00June 11th, 2018|Broker Technology Research, Main category|1 Comment

At WAV Group, we like to look under the hood at what the top property search sites in America are doing to engage consumers and boost performance. In some cases, we work with the site owner and have access to their analytics (ie Google Analytics or other). In other cases, we use benchmarking tools like Hitwise and ComScore to get a glimpse into what these top performers may be doing. The results are interesting.

5 06, 2018

5 Key Takeaways in Preparation for the FTC/DOJ Workshop

By |2018-06-05T00:48:04-07:00June 5th, 2018|Broker Public Portal, Main category|4 Comments

When Daniel Castro from the Internet Technology and Innovation Foundation (ITIF) took the stage at Inman in New York on January, we all thought he was going to provide an academic view of our industry and provide us with some food for thought. What we didn’t know was that he was going to tell us how the consumer needs Open Data because we have somehow been holding back on them.   We also didn’t know at the time that the ITIF had been promoting Zillow for many years.  Castro published an articles on the Federal Government’s Economic and Statistics Administration website featuring a promotional video from Zillow in 2015 entitled “Open Data Impact:  How Zillow Uses Open Data to Level the Playing Field for Consumers.”

14 05, 2018

Homes Nails New Website Design

By |2018-05-14T05:00:33-07:00May 14th, 2018|Main category|1 Comment

Homes.com has been running in 4th position in the portal race, tucked in behind Zillow, Realtor, and Trulia. I thought that their old site was fine, but their new site adds in Artificial Intelligence in ways that make the consumer experience fantastic. In a world of sameness, Homes has changed the game.

2 05, 2018

Innovation Winners, 30 Industry Leaders Honored by RESO in Denver

By |2018-05-02T09:25:39-07:00May 2nd, 2018|Main category, Press Releases, RESO, Technology|Comments Off on Innovation Winners, 30 Industry Leaders Honored by RESO in Denver

RESO sold out its Spring Tech Summit in Denver last week three times, organizers said. Demand by industry tech and business leaders wanting to attend within the last two weeks forced the nonprofit to re-open registration twice until it pushed to capacity. The Real Estate Standards Organization filled the main ballroom to the brim, with just short of 300 people, at the hip Curtis Hotel in downtown Denver. Art Carter, RESO Chair and head of the largest MLS in the nation CRMLS, noted how far the organization had come in the last five years. One of the most vital breakthroughs: [...]

10 03, 2018

RESO Confabs are Real Estate’s Club 33

By |2018-03-10T13:05:08-08:00March 10th, 2018|RESO|Comments Off on RESO Confabs are Real Estate’s Club 33

Denver will be my fourth RESO Spring Tech Summit. Compared to many of the RESO leadership, who, like WAV Group, work for companies that are charter members, I’m still a newbie. Even so, RESO conferences have come a long way from the Chicago spring meeting I attended in 2015 at the NAR HQ.

8 03, 2018

Qualia Raises $33 Million for Transaction Management

By |2018-03-08T12:05:50-08:00March 8th, 2018|Main category|1 Comment

It is always interesting to me when I hear about a company I have never heard of raises a pile of cash. Qualia, a real estate technology company that aims to make the closing process better for consumers just closed a series B round, led by Menlo Ventures, with participation from 8VC and Bienville Capital.

20 02, 2018

Buyside Makes It Real

By |2018-02-20T07:30:27-08:00February 20th, 2018|Broker Technology Research, Main category, Technology|Comments Off on Buyside Makes It Real

If you know anything about Hunt Real Estate Corporation, you know that they are a family owned and operated brokerage with high integrity and a fierce approach to competition. Since 1911 they have been a market leader in upstate New York, cities like Buffalo, Niagara Falls, Rochester, Syracuse, Albany, and the many Southern Tier communities that border Pennsylvania. They recently expanded into the Boston marketplace though a significant acquisition. We have known the Hunt family since Marlyn and I lived in Orchard Park, NY. We became friends though our interactions at The Buffalo Club and The Country Club of Buffalo. At the time, Marilyn ran marketing at Fisher-Price and I was spinning up my first start-up companies.