Corelogic Infonet Press Release

Corelogic Partner Infonet Reaches 120,000 Users - Secure Data Licensing and Revenue Sharing Program Expands to Oklahoma, Rhode Island- SANTA ANA, Calif., Nov. 18, 2010 - CoreLogic (NYSE: CLGX), a leading provider of information, analytics and business services, today announced that multiple listing services (MLSs) representing a total of 120,000 real estate professionals have joined the Partner InfoNet, with organizations representing another 290,000 real estate agents pending or currently in negotiations.  Several recently signed agreements give CoreLogic comprehensive coverage in both Rhode Island and Oklahoma. “We are very pleased to participate in the Partner InfoNet,” said Al Unser, chief executive [...]

By |2018-05-03T21:25:57-07:00November 18th, 2010|Main category|Comments Off on Corelogic Infonet Press Release
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Does your MLS Board of Directors act like a technology company board? Part 1

In many of our conversations with MLSs we hear frustrations expressed about how board meeting discussions dwindle down into minutiae on a regular basis. Instead of talking about how to position the company for the future, the dialog degrades into discussions rehashing a committee recommendation for a small change to the rules and regulations or a $349 line item on the budget. Does this sound familiar?  If so, then there are several changes you might want to consider, but let me focus on just one for this article. When you look around the room at your next MLS board meeting [...]

By |2018-05-03T21:25:57-07:00November 17th, 2010|Main category, MLS Insights|Comments Off on Does your MLS Board of Directors act like a technology company board? Part 1
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Are you the “right” kind of board member for your MLS? Is your heart in the right place?

On a recent business trip, I read a book called The No Asshole Rule:  Building a Civilized Workplace and Surviving On that Isn’t by Robert Sutton, PHD and Stanford Professor. It is a delightful quick read that demonstrates that “a__holes” destroy companies and the people they mistreat.  Seems obvious enough, but often the “a__holes” are also power mongers who frequently succeed in life (Steve Jobs, for example, is rumored to be one of these!) After finishing the book, I opened the window and took a few pictures of the Grand Canyon, then considered the plight of the MLS CEO. As an [...]

By |2018-05-03T21:25:58-07:00November 11th, 2010|Main category|Comments Off on Are you the “right” kind of board member for your MLS? Is your heart in the right place?
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My Florida Regional MLS expands its customer base in Florida

WAV Group is thrilled the great news coming from Florida!  The Pinellas REALTOR Organization (PRO) has has selected My Florida Regional MLS (MFRMLS) to be its exclusive provider of real estate listing and transaction data for its 5,200 members. The agreement, celebrated with a signing ceremony at the 2010 National Association of Realtors conference in New Orleans on November 4, 2010, will culminate with a complete merge of data in the Spring of 2011, transferring all listing data from PRO’s selfadministered multiple listing service to the larger regional MLS. Until recently REALTORS in Florida had to belong to two MLSs [...]

By |2018-05-03T21:25:58-07:00November 11th, 2010|Main category|Comments Off on My Florida Regional MLS expands its customer base in Florida
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Clareity Study shows big MLS – Broker disconnect

Real Estate Technology consulting firm, Clareity along with REAL Trends conducted a 2010 MLS Initiatives Survey for brokers. They surveyed 500 of the nation’s top brokers and received 150 responses. What surprised me was the apparent disconnect between what MLSs are doing and how brokers feel about it. In my reading, I was not so surprised by the results, but surprised that brokers have a lack of understanding of the initiatives themselves. Listing Syndication - 36% of brokers oppose or strongly oppose it. If so, why are brokers syndicating listings at all. The MLS is not syndicating the listings, brokers opt into the free [...]

By |2018-05-03T21:25:59-07:00October 6th, 2010|Main category|Comments Off on Clareity Study shows big MLS – Broker disconnect
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MRED Launches new brand image How strong is YOUR brand image?

It’s very exciting to see MRED, the second largest MLS in the United States launch a new brand image for their company.  Their tagline “reinventing MLS” may give all of us a clue about where Russ Bergeron, their new CEO and the rest of his staff are going.  It looks like they are going to “shake things up” a bit. I am heartened by a leader in the MLS industry that is taking their brand seriously. They have launched a whole new marketing campaign to help build awareness of their brand to their subscribers.   By using such an inspirational mark, [...]

By |2018-05-03T21:26:01-07:00September 25th, 2010|Main category, MLS Insights|Comments Off on MRED Launches new brand image How strong is YOUR brand image?
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RE Technology, Inc is Hiring!

RE Technology, Inc. is growing by leaps and bounds! We need to hire another sales peson to help spread the word about the great opportunity to connect technolog companies and services to over 250,000 agents across the United States.  RE Technology’s flagship product RETEchnology.com is the real estate industry’s first ever web portal that aggregates information about a variety of technologies and services used by the real estate industry.  It is a thriving online portal featuring the industry’s most comprehensive resource for products, companies, user ratings and product reviews.  RETechnololgy.com allows real estate agents and brokers to better leverage the power of [...]

By |2018-05-03T21:26:02-07:00September 20th, 2010|Main category|Comments Off on RE Technology, Inc is Hiring!
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Professional real estate websites are losing the battle for consumers online.

Professional real estate websites are losing the battle for consumers online. Todays real estate consumer has a dizzying array of websites that provide them with access to real estate listings.  There are numerous third party websites like Zillow and Trulia as well as national real estate Franchise sites and local real estate company websites.  Consumers likely assume that all of these sites offer the same quality of information. Unfortunately this isnt the case. This white paper from the WAV Group chronicles research findings on the consumer search experience.  WAV Group has calculated the differences between third party websites, franchise websites, and broker websites [...]

By |2018-05-03T21:26:02-07:00September 20th, 2010|Broker Technology Research, Broker-Agent Information, Main category, Virtual Office Website Series|Comments Off on Professional real estate websites are losing the battle for consumers online.
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MLS needed for Social Media Pilot Program

WAV Group has been working with many MLSs to understand the complex balance between protecting MLS content and supporting the needs of subscribers who are looking to publish listing content on social media sites like facebook. A technology vendor is seeking an MLS partner help pilot a program. The goals of the pilot are to insure that the product does the following. 1. Supports agents and brokers who want to publish their listings to facebook 2. Protects MLS content digital rights and adheres to MLS rules and regulations 3. Provides ease of use for agents and brokers If you want [...]

By |2018-05-03T21:26:04-07:00July 21st, 2010|Main category|Comments Off on MLS needed for Social Media Pilot Program
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Electronic Faxing becoming a “core” service offering for MLSs

Core service offerings for MLSs continues to evolve and expand as MLSs look for ways to help their subscribers save money while serving the needs of their clients better. According to the 2009 CMLS MLS Operations Benchmarking Survey, nearly 60% of MLSs now provide Electronic faxing and Document Management as a core service offering. As noted in the 2009 WAV Group Transaction Management Adoption Study, usage of methods for processing transactions online continue to grow.  Agents first become comfortable with processing forms online. That process worked so well that they are now quickly adopting other online tools to make the process of [...]

By |2018-05-03T21:26:04-07:00June 30th, 2010|Broker-Agent Information, MLS Insights|Comments Off on Electronic Faxing becoming a “core” service offering for MLSs
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MLS System Branding- Take credit for your most valuable tool

MLS organizations many times suffer from branding confusion. When they are a division of the association, for example, yet they have their own identity members don’t know the name of the MLS entity. When regional MLSs deliver their services through local associations their brand recognition gets even more muddied. Here’s one area where there may be an opportunity to deliver a more clearly-branded service to build the strength of the MLS organization’s brand - the MLS system. WAV Group conducts member satisfaction research all over North America.  When we ask members what MLS organization they belong to they will often [...]

By |2018-05-03T21:26:05-07:00June 16th, 2010|Main category|Comments Off on MLS System Branding- Take credit for your most valuable tool
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Divorce and Real Estate

WAV Group performs volumes of research for MLSs and Associations each year.  As part of collecting subscriber and member surveys, we also collect basic demographic data - Male or Female, Age, etc.  Much of this demographic information allows us to associate general age group trends of American demographics and apply them to our understanding of the culture within an MLS or Association.  We have never asked marital status, but I wonder what role that plays in understanding the mindset of today’s REALTOR. One of the research instutitions that we value for information is Pew Research Center.  Today they released a [...]

By |2018-05-03T21:26:06-07:00June 8th, 2010|Main category, MLS Insights|Comments Off on Divorce and Real Estate
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