In any market, the transactions that define market trends are evident in MLS data more clearly than any other data source. However, third party companies like portals and public record firms have become the de facto source of market information to the major media outlets. A number of years ago, the Council of MLSs (CMLS) explored hiring a Chief Economist and a PR firm to position MLSs as the most valued source of market data. For a number of reasons, CMLS did not pursue the strategy, but did create a focus on establishing best practices for MLSs to effectively communicate [...]
According to an announcement made today, real estate agents in the Silicon Valley California based MLSListings now have the ability to change price and edit public and private remarks though the MLS-Touch mobile application. Another key new field that they are planning in the future is listing status update. The data modified in MLS-Touch flows into both CoreLogic’s Matrix product as well as Black Knight’s Paragon product and all the MLSListings data feeds. The release indicates that these editable fields are the first of many that will continue to be added over time.
As a leading consulting firm, WAV Group operates deeply inside the complex technology stacks of MLSs, Brokerages, Franchises, REALTOR® Associations, and technology firms. From this experience, we recognize the pain that these groups face because of the lack of connection between the systems and applications that agents and consumers need. Upstream aims to deliver a better data management foundation for the data that brokers are entrusted for safe handling.
Public Relations is a key communication practice for leading MLSs. Silicon Valley, California-based MLSListings is leveraging Public Relations to promote the relevancy of the MLS in the best possible way. They have developed communications for the real estate trade media and the consumer media that are both having positive impact. Consumer Media Trade The real estate industry has brokers and agents who continue to invest in newspaper advertising. By and large, newspapers may not display real estate listings from the MLS unless there is a special consideration. To save brokers and agents money, MLSListings has developed an agreement with 12 [...]
Real Estate Standards Organization, or RESO, recently showed how massive volunteerism is in real estate. It often goes unnoticed, under the radar. But at its sold-out Spring Summit in Austin, Jeremy Crawford, CEO of RESO, took to the stage and invested time to honor more than two-dozen people in our industry. Jeremy recognized each of them for their outstanding personal contributions with a 2017 Spring Tech Summit Award. What’s amazing to think about is that collectively, these individuals contributed literally thousands of annual volunteer hours to RESO. They spent time volunteering for the seven RESO Workgroups – and one key committee – all [...]
California Regional MLS and MLS Listings have reached an agreement to share MLS listing data. This is an important signal of MLS strategy in California for a number of reasons. These MLSs are planning to share data by sending data to each other for display in each other’s system and use by each other’s subscribers without the need to belong to both MLSs. Previously, CRMLS only pursued data sharing through CARETS™, a hub and spoke data share product developed by MRIS. Through this new sharing agreement with MLS Listings, CRMLS now has adopted three initiatives to create a statewide MLS [...]