RESO slashes Brokerage membership dues, makes Certification member benefit

The Real Estate Standards Organization – or RESO – just announced two big moves. First, RESO is eliminating separate Certification fees by making all Certifications a member benefit, covered by annual RESO dues effective immediately. Second, beginning in January, Real Estate Brokerages with fewer than 100 agents can become a RESO member for just $50 a year, slashed from $500 a year previously. Membership fees – shown below in the news release issued this morning – have been overhauled for 2017 and takes into account folding in Certification fees, which should be welcomed news for larger MLSs. RESO is pushing hard to get [...]

By |2018-05-03T21:23:10-07:00July 26th, 2016|Main category, Marketing, MLS Insights|0 Comments
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MRED Takes Bold Step to Elect Outside Director

We are so excited to see how MLSs are starting to cross-pollinate talent across markets. Congrats to MRED in Chicago for electing Art Carter, CEO of the California Regional Multiple Listing Service, the nation’s largest MLS to their Board of Directors. We, at WAV Group often promote the idea of inviting diverse talent and perspectives to sit on MLS Boards. Boards in most industries elect participants with diverse backgrounds in finance, marketing, product development and management. MLSs generally only invite agents and brokers from their local region to participate. A move to elect a strategic manager from outside of the [...]

By |2018-05-03T21:23:12-07:00June 15th, 2016|Press Releases, Product Management, Strategic Planning|0 Comments
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Are You Selling To Your Competitors

Companies across the real estate spectrum who are selling to their competitors are having fantastic results. The process of expanding your communication strategy to include competitors is found to drive more new business than ever imagined. In the old days, companies locked down their communications plans to hide from sharing information with their competitors. Today, the overwhelming trend is to occupy more share of voice to position your company as a market leader. WAV Group consulting works with Associations of REALTORS®, Multiple Listing Service Providers (MLS), and technology firms to implement these programs through WAV Group Communications. Below are some [...]

By |2018-05-03T21:23:12-07:00June 14th, 2016|Broker Technology Research, Broker-Agent Information, Main category, MLS Insights|0 Comments
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This is YOUR Year!

Doesn’t it seem like life just keeps getting faster and faster?  It forces us to put our head down and just DO all the time.  We’re not always thinking about where our organization is focused or why they are even focused on it.    We’re so busy surviving the day to day that sometimes we can’t see the forest for the trees! So how do you get yourself back to a place where you’re focused on continual improvement in your business?   Who has time to do strategic planning anyway, right?  While every business suffers from these thoughts on occasion, it IS [...]

By |2018-05-03T21:23:13-07:00June 14th, 2016|Main category, MLS Insights|0 Comments
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How MLSs Stand To Benefit From Upstream

The pessimist MLSs among you will look upon the title of this article with raised hairs. The lens that we have adopted here is for a single focus. Namely, to search for specific context within the databases of Upstream that may be of value to MLSs. Remember, Upstream does more than manage listings, but it does  start with the MLS destination in mind. The MLS does not need to change their business rules, or modify their data schema. They need only disclose to their brokers what their rules and schema are and accept a broker load as is common among nearly [...]

By |2018-05-03T21:23:13-07:00June 14th, 2016|Broker Technology Research, Broker-Agent Information, MLS Insights|0 Comments
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RESO Announces Free Web API Certification, new CMLS Webinar

The Real Estate Standards Organization (RESO) Board of Directors voted yesterday that all MLSs currently Data Dictionary Certified – which is the majority of the MLS world – will now be able to get Web API Certified for free. RESO also announced that CMLS will host a soup-to-nuts dive into the RESO Web API Certification process featuring Michael Wurzer, President of FBS, and Rebecca Jensen, President & CEO at Midwest Real Estate Data LLC. According to the CMLS CEO Deene Evans, the webinar is set for Tuesday June 14 at 10am Pacific/1pm Eastern, will be open to everyone and the [...]

By |2018-05-03T21:23:14-07:00May 27th, 2016|Broker Technology Research, MLS Insights|0 Comments
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Real Estate in Crisis – Is Nothing Better Than Something?

Real estate is a fascinating industry when it comes to making choices about something vs. nothing. Again and again, we see individual agents, brokers, Associations, MLSs, and Franchises make choices to set something when getting nothing may be the better strategy. I doubt that this article will have any change on the bearing of the industry, but in some small way it may influence one or more decisions today or this week by a few people. Why Do We Sacrifice Long Term Success for Short Term Gain? In our industry, people too often say “yes” to a bad deal. An [...]

By |2018-05-03T21:23:15-07:00May 18th, 2016|Broker Technology Research, Broker-Agent Information, MLS Insights|0 Comments
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Broker Public Portal Reveals Partnership and Plan

It is with much excitement that I would like to announce some major news for the Broker Public Portal project!   We have been researching the value of consumer property search sites like the Broker Public Portal since 2005 and we’re thrilled to announce a game-changing opportunity for agents and brokers to captivate consumers! Broker Public Portal has executed a binding letter of intent with Homesnap, a creator of highly rated apps for consumers and agents, to launch a national home search experience defined by simplicity, integrity and common sense.   The program will be marketed under the Homesnap brand. Homesnap is [...]

By |2018-05-03T21:23:15-07:00May 18th, 2016|Broker Technology Research, Broker-Agent Information, MLS Insights|0 Comments
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When Regional MLSs Go Bad

There are unfortunate consequences that face brokerages and agents when the relationships between Association shareholders in a regional MLS go bad. They get caught in the crosshairs as the Association shareholders wage war with each other. In many regional MLSs, the governance, vendor agreements, and data rights were not spelled out well enough to enable the regional break up. As a result, the regional MLS becomes a toxic battle of in fighting between Association shareholders that cripples the MLS from functioning. Governance Writing good governance agreements for the regional corporation is very difficult. The best approach is to craft governance [...]

By |2018-05-03T21:23:21-07:00March 4th, 2016|MLS Insights|0 Comments
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Will 2014 Be a Break Out Year

For the last half of a decade, the real estate industry has taken blow after blow. Through grace, we have recovered as an industry and that has a profound impact on homeowners and REALTORS® alike. The number of families losing their home to foreclosure has reset to reasonable levels. WAV Group facilitated nearly two-dozen strategic plans for some of our industry’s most significant market makers. In many cases, boards of directors are thinking pretty big. They are taking on difficult policy issues including syndication, data licensing, and data management. If these organizations accomplish half of what they have set as [...]

By |2018-05-03T21:24:20-07:00December 23rd, 2013|Broker Technology Research, Main category, MLS Insights, Strategic Planning|0 Comments
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Looking for better ways to announce a system upgrade with your members? Check out this great example!

Whenever we conduct member satisfaction surveys for MLSs, there are many suggestions from members about ways to improve MLS tools and services.  Of course, many MLSs listen to their clients and make the requested changes.  Over time these improvements help to increase the overall satisfaction of the MLS with its members. Here’s a way to jump start the process of improving customer satisfaction.  Make sure that your subscribers know that you are listening and responding by giving them credit for making the suggestion in the first place. Here’s a great example of this I wanted to share with you.  There [...]

By |2018-05-03T21:25:42-07:00April 27th, 2011|Main category, MLS Insights|0 Comments
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Looking to make your MLS more profitable? How about improving the earth along the way too?

Are you as worried about our planet as I am?  We continue to destroy it without considering the consquences. As a mother of a young child, I would really like to find ways I can create a positive impact on the planet she will be living on in the future. While I don’t believe I can come up with a way to reduce the amount of oil used in auto engines or eliminate jet fuel from our air supply, I do believe I can help influence our own businesses.  The technology exists. We just need to embrace it and make [...]

By |2018-05-03T21:25:43-07:00April 25th, 2011|Main category, MLS Insights|0 Comments
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