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5 MUST HAVES for your 2017 MLS Budget

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We’re getting to budget time again and  starting to think about what products and services that MLS’s should offer their members in 2017 and beyond.

MLSs, of course, need to continue to offer their core MLS system, but there are a few other areas to consider as you move into your next budget planning cycle that will help your members.  WAV Group believes you should offer products and services that are designed to address a core need of your subscribers.  No MLS should offer a technology just because it’s exciting or new. They ALL need to address a fundamental challenge or create new opportunities for your subscribers.  There are five key needs that we believe are vital to the success of any MLS organization that need to be considered in 2017.  We have outlined the strategies and the proposed solutions below:

  1. Making Earnest Money Collection Safer
  2. Providing Broader Data Access
  3. Helping your Members Succeed with Technology
  4. Keeping your Subscribers Safe
  5. Making it Easy for Brokers to Leverage MLS data
  1. Making Earnest Money Collection Safer

Our industry has done a good job of bringing the transition process online.  We now have great methods for filling out, signing and distributing disclosures and forms online via a myriad of document management, transaction management and electronic signature solutions. We haven’t yet addressed the final mile though.  Today, agents are still driving all over town to collect and deposit earnest money checks.  There is more risk within this part of the process than any other yet we as an industry have ignored.  Read Continue reading