Sam DeBord Becomes RESO CEO

The evolution of data management standards has been driven by generous contributions of the best minds in real estate technology, shepherded by Jeremy Crawford over the past two years. Today, WAV Group welcomes another great leader to RESO, Sam DeBord. His credentials are outstanding. The RESO announcement is important because MLS systems in America are the platform for data management in real estate. Since its inception, MLSs found their own path to creating data schemas, like data payloads, data fields, and data business rules. As brokers and agents have evolved their application diversity in their business from property search [...]

By |2019-04-11T13:11:41-07:00April 11th, 2019|Clients, Press Releases, RESO, Technology|3 Comments

MLS Policy Needs to Support Price Change History and Parcel Data on Broker Websites

For most people, real estate occupies the greatest percentage of family wealth – far more than investments in stocks or other wealth building accounts. Back in the 40s, my relative’s grandfather and his brother purchased a very modest two-bedroom cinderblock home in a nice neighborhood in St. Petersburg, Florida as a winter getaway. One brother ended up owning the property after his sibling and his wife passed. When the second brother passed, the property was inherited by his daughter, who is now 89 years old. She intends to either leave it to her grandchild or sell it and leave the [...]

By |2019-04-03T07:28:14-07:00April 1st, 2019|MLS Insights|2 Comments

Brokers Need to Weaponize to Combat iBuyer

Who is getting to the listing appointment first? Is it a traditional broker the first call for a listing appointment, or do consumers reach out to iBuyer programs like Zillow, Redfin, Keller Williams, Realogy, OpenDoor, Mark Spain, or others first?

By |2019-03-30T08:26:18-07:00March 19th, 2019|Broker-Agent Information, Technology|2 Comments

Three Untapped MLS Growth Opportunities?

To improve a business, it is common to focus on customer expansion, or delivering a wider array of services that your customers will pay for. For the last three years, Multiple Listing Service has been focused on consolidation (more customers) as a way of improving the MLS. Before that, the focus was on non-dues revenue. Three untapped areas for growth where most MLSs have not been successful are rentals, new home marketing, and commercial real estate. These are enormous categories in the real estate industry that have been asymmetrical because of the MLS core basis of cooperation and offer of compensation.

By |2019-01-08T06:58:56-08:00January 7th, 2019|MLS, MLS Insights|1 Comment

What Not To Miss and Put On Your List for Boston NAR

Each year, I try to find some of the things you won't want to miss at the annual National Association of REALTORS Conference and Expo. This week, some 20,000 real estate pros are expected to take over Boston, one of America’s great historic cities packed with extraordinary tourist attractions.

By |2019-05-30T16:21:04-07:00October 29th, 2018|Uncategorized|0 Comments

Midwest Real Estate Data (MRED) Welcomes Bloomington-Normal Association of Realtors® (BNAR)

This is a big week for merger announcements!  MRED, one of the nation’s largest MLSs located in the Chicagoland area just added their 14th Association and 21st county to their MLS marketing network.  Bloomington-Normal Association of REALTORS(R) has joined their ranks.  I have had the pleasure of working with the MRED team and I can see why Bloomington-Normal chose MRED.  They offer a terrific suite of services supported by strong customer service and training. Its a great of MLS leaders and staff that really cares about the success of their customers.   Congratulations Bloomington-Normal and MRED! One of nation’s largest [...]

By |2018-09-26T08:37:57-07:00September 26th, 2018|Press Releases|0 Comments

CoreLogic Offers BoxMLS to Multiple Listing Organizations and Brokers

CoreLogic® (NYSE: CLGX), a leading global property information, analytics and data-enabled solutions provider, today announced a new agreement to offer BoxMLS to its multiple listing and broker clients. BoxMLS is a new solution that provides an alternative search interface and tools for working with listing data from multiple organizations simultaneously. Under the agreement, CoreLogic is the exclusive reseller of BoxMLS to MatrixTM and InnoVia® clients that are new users of the BoxMLS solution.

By |2018-09-25T19:04:43-07:00September 26th, 2018|Uncategorized|0 Comments

Impact of the WolfNet Pipeline

There is a silent battle going on in real estate search. As consumers visit multiple websites and have numerous searches saved, the website that delivers the first alert to the consumer gets the click. All subsequent alerts from other sites are rendered as old news: they’re unread and deleted. It’s only natural. Today, WolfNet announced a new service level of managing IDX data optimized for speed called Pipeline.

By |2018-09-27T12:09:03-07:00September 25th, 2018|Clients|0 Comments

WolfNet speeds up Property Alerts to benefit 250,000 agents, brokers and their clients

WolfNet Technologies LLC has become the quiet data giant in real estate. Think about it. WolfNet provides Websites/IDX to Keller Williams (a client since 2002), the largest real estate brokerage in the world. WolfNet also is believed to be the leading company that normalizes MLS data. WolfNet’s digital footprint is massive: it’s a data goliath managing over 100 million property recordsthat covers 99% of all active MLS property listings in the U.S. and Canada. It hosts 89 million property photos for IDX solutions alone and provides more than 100,000 IDX and Websites to real estate agents and brokers – reaching [...]

By |2018-09-24T20:20:53-07:00September 24th, 2018|Broker-Agent Information, IDX, MLS, Technology|0 Comments

Second Largest MLS in Minnesota to Join NorthstarMLS

NorthstarMLS and Southeast Minnesota REALTORS® (SEMR) have come together to announce that SERM will become part of NorthstarMLS. This merges the second largest MLS in Minnesota with the largest MLS as SEMR becomes a shareholder in NorthstarMLS. Congratulations go to all the leadership teams, headed by SEMR CEO Karen Becker and NorthstarMLS CEO John Mosey. Also kudos to CoreLogic's Matt Cohen (Consultant at Clareity), which the parties credit for helping its leadership fully evaluate this merger. Here is the full news release along with a couple of great photos taken at the signing: Second Largest MLS in Minnesota to Join NorthstarMLS [...]

By |2018-09-19T08:57:28-07:00September 19th, 2018|Broker Public Portal, Clients, MLS, Press Releases|0 Comments

MLS Fair Input Guidelines

Mitch Skinner of the law firm, Larson Skinner did a wonderful post on their website that drafted a framework around MLS Fair Input Guidelines. This is a major topic for our nation’s MLSs and it is time for collaboration and thought leadership. Let me begin by complimenting Skinner on his efforts. If you have not seen the post, you may want to buzz over and look at A Conversation About Fair Input Guidelines before contemplating this article. My hope is that this will be on the agenda at the upcoming fall conference of the Council of MLS in Orlando, hosted by My Florida Regional MLS.

By |2018-09-18T06:57:56-07:00September 17th, 2018|Uncategorized|0 Comments