MLS Fines for Charity?
What broker or agent could be mad about a fine that goes to charity?
Is it time for a National IDX?
Here’s an idea to think about…. Today, we have robust rules in place that allow a broker to share their active, pending and in some cases, sold listings with their fellow practitioners via a local IDX policy. What if we took that idea to another level?
Cultivating Transformation is a Key to Successful Boards and CEOs
The most successful business leaders in real estate understand that perpetual change is an intrinsic part of organizational culture. So, how do you reach that place?
Follow the Leader – Max Henderson, Compass
WAV Group welcomes Max Henderson to the real estate industry. This article is part of our Follow the Leader Series, where we introduce exciting new faces to real estate.
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 [...]
Marketing tip: Pay more attention to Gen Xers
The National Association of REALTORS research experts continuously share housing data with insights that sometimes surprises or delights. Their recent look into Gen Xers did both – for me at least. Here are some terrific nuggets that I believe has one major takeaway. It seems all the attention has been on Millennials (or Gen Y) when perhaps we should be spending more time focusing on this ready-to-buy market, the Gen Xers. “Defined as buyers between 39 and 54 years old, they now make up the SECOND largest share of home buyers by generation, at 24 percent of all home buyers [...]
GDPR Compliance for Email Marketing
Sotheby's International Realty is a company owned brokerage of Realogy's NRT holding company. The firm uses Rezora for digital marketing and they have done an exquisite job of adopting GDPR - Europe's General Data Protection Regulation. As you can plainly recognize from the name of the company which contains "international," Sotheby's International Realty is a brand that markets properties to people who live in the GDPR nations. Sotheby's even translates currency into Euros and properties into multiple languages. These activities are the criteria that distinguish which businesses need to be GDPR compliant. Moreover, I am certain that the company [...]
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 [...]
Why zavvie’s Offer Optimizer is an iBuyer Game Changer
When Zillow launched Zestimates, no one realized at the time how radical the impact of what they did then would become later. There are a lot of Sunday quarterbacks who would like to re-write history and say they knew it would result in helping to catapult the firm to $7 billion valuation. But no one predicted back then that Zestimates would fuel a phenomenon dubbed “real estate porn” that helped it drive more than 100 million unique visitors to Zillow’s website each month. Recently, another company that starts with a "z" called zavvie has launched what I believe is an [...]
Rex Marr Announces Retirement
The industry is losing one of our funniest and most effective sales people. Rex Marr is retiring from Rapattoni after 50 years in the business! We’ll miss you a bunch buddy! Have a great time with your next adventure! We’ll make sure Susan keeps us up to speed on all of your antics! We’ll miss you!
Northwood Acquires PA based BHHS The Preferred Realty
In a video announcement released yesterday, Tom Hosack, President and CEO and Broker of Record of Northwood Realty announced the acquisition of Berkshire Hathaway HomeServices The Preferred Realty, creating what may be the largest real estate company in the greater Pittsburgh marketplace. The combined company forecasts more listings, more closings and more sales volume than any other competitor.
Better Than The Luck of the Irish
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