Most Home Corp. (OTC Bulletin Board: MHME), today announced it has entered into a non-binding letter of intent ("LOI") with Yaletown Capital Corp. ("Yaletown"), which sets out the general terms and conditions of the proposed acquisition by Yaletown of 100% of the assets, intellectual property, trade secrets, key employees, contracts in place, contracts pending or under discussion with unrelated potential customers, business receivables and physical assets owned or used on a regular basis in relation to the Wireless Platform, subject to an independent appraisal to confirm the value of the assets, (collectively, “Kurio®” the acquisition of which are referred to as the “Acquisition") from Most Home or its subsidiaries or business groups. Upon completion of the Acquisition, Yaletown shall directly or indirectly own a 100% interest in and title to Kurio® subject to any explicitly agreed encumbrances. Yaletown, as part of the Acquisition, will apply for full listing of the common shares of the Resulting Issuer on the Exchange (the “Listing"), concurrently with the completion of the Acquisition. Together the Acquisition and the Listing are collectively referred to as the “Qualifying Transaction".

Upon completion of the proposed transaction, Most Home Corp. will hold 50.3% of the common voting shares of Yaletown Capital Corp. through its wholly owned subsidiary, Most Home Real Estate Services Inc. Ken Galpin, CEO and director of Most Home, stated that, “We are very pleased to enter into this transaction with Yaletown Capital Corp.

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After CMLS, there was a groundswell of discussion about the rights brokers are giving up when they send their listings to third party websites.  WAV Group went to school on the terms and conditions of several of the leading third party websites.  We were specifically focused on the rights to display, distribute and maintain listing data.

We learned that in some cases the the broker is transferring the irrevocable, perpetual, non-exclusive, fully paid, royalty-free license to use, retain, transmit, copy, create derivative work of, sell, or distribute the broker’s listing data to other parties or sub-licensees.  Bottomline, brokers are giving away rights to their listings they may not be aware of.

We also learned that all third party listing sites are NOT created equal. 

WAV Group has researched this issue and produced a white paper on the topic that has been designed to help brokers ask the right questions before they syndicate their listings.Click here to download.

For the past four years, Technology Concepts, a veteran MLS provider, has been developing a Customer Relationship Management product for the real estate industry.  The company has leveraged their experience serving MLSs, brokers and agents to architect and build one of the industry’s most advanced enterprise level CRM solutions. 

The product, named Eventus, is operational, installed and has realized outstanding results for the first tier users.  Now that the product is ready for full deployment into the market place, the company is seeking a business partner to fuel marketing and fulfillment.  The company will consider options from company or product sale to an exclusive licensing relationship.   Interested parties should contact WAV Group, attention Mike Audet (mike@wavgroup.com, 716-839-4628) for more information. 

About the product.

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As REALTORS move their marketing and customer contact strategies to social media, it is important not to neglect the trusted and proven offline networking.  This study by Parenting Magazines shows that lots of moms are engaged in social networking, but making many of thier product decisions based upon offline relationships.

NEW YORK (AdAge.com) – Technology’s influence is widely assumed to have morphed the over-the-fence backyard chat into mommy blogs and Twitter networks. But when moms are seeking product advice, it’s not all social-media all the time.

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Be sure you set aside money in your budget for the 2010 AFIRE Conference!   It is the most fun and fulfilling conference of the year for female executives in real estate.

AFIRE of Awesome Females in Real Estate is a group that is four years old that was formed to provide an educational and networking opportunity for the women who are usually coaching everyone elsso, so they need their own outlet for learning and recharging their batteries.

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