One Broker’s Case Study – Taking Back Control ( part 4 of a 5 part series)

One Broker’s Case Study- Taking Back Control Brokers, large and small, face significant challenges they did not face 20 years ago.  Profit margins have eroded and control over their independent contractors has been minimized.   The consumer has taken on a much more vocal role in the process and is forcing transparency and responsiveness never before experienced.   Some of these challenges are related to technology and the advance of the Internet while others are cultural challenges that have come about through the changing broker/agent relationship.  WAV Group’s new white paper explores the issues behind the broker’s challenge to gain better control and [...]

Happy Techsgiving!

Today is a great day for our family!  Back in 2002 we were blessed with the first of our child, Alexandra!  It will forever be a special day for us! Each of us have great things to be thankful for this year….. It hasn’t been an easy year for the real estate industry, but at the end of the day the industry is growing stronger - we’re getting more nimble, we’re doing more with less and we’re learning how to let go of some of our outdated traditions. While to some technology is not something to be celebrated, on this [...]

By |2018-05-03T21:25:56-07:00November 25th, 2010|Main category|0 Comments

Move makes a move into Rentals

It is no surprise to anyone in real estate that the rental market has caught fire. Many MLSs are scrambling to expanded offerings to meet the needs of brokers who have focused on growing their property management business to meet demand. “Nobody wants to own a vacant home,” says Amy Gallagher of Century 21 Hometown. “We represent investors in buying rental property, and attract them with our strong property management business - we capture a side or two of the sale, and an ongoing business relationship that lasts years.” One thing that you can always trust consumers to do is vote with [...]

Brokerage Technology – Light at the End of the Tunnel – Part 3 of 5

Part 3 of a 5 part series called Broker Technology, an Industry Missing Backbone By WAV Group Brokers, large and small, face significant challenges they did not face 20 years ago.  Profit margins have eroded and control over their independent contractors has been minimized.   The consumer has taken on a much more vocal role in the process and is forcing transparency and responsiveness never before experienced.   Some of these challenges are related to technology and the advance of the Internet while others are cultural challenges that have come about through the changing broker/agent relationship.  WAV Group’s new white paper explores the issues behind the broker’s [...]

Listhub launches the ScoreCard Magazine

Sundays are for surfing, and one of my favorite places to surf periodically is the ListHub Dashboard. Every real estate broker or MLS who is syndicating listings via Listhub should frequently check into the dash board to stay abreast of changes to Listing Syndication. Listhub does an excellent job of communicating where listings are going; what the terms of use are for each site; detailed information on re-syndication to other sites; data refresh frequency; support response times; and many other interesting facets of online data management. On November 14th, 2010, Listhub launched an online magazine that summarizes each syndication site. It is [...]

By |2018-05-03T21:25:57-07:00November 21st, 2010|Main category, MLS Insights|0 Comments

Victor Lund, WAV Group Partner to Speak at REMS 2010

Victor Lund, partner at WAV Group, is slated to speak at two session for the upcoming REMS 2010 - Real Estate Marketing Summit 2010!  Located in San Diego’s Hotel del Coronado this year’s three day summit is packed with educational seminars and networking opportunities for real estate professionals. This year REMS is providing WAV Group Blog subscribers a significant discount to this event.  Get one day FREE if you register soon! The entire 3 day summit is a $499 program and now you can also get all 3 days for just $149! This is a no obligation program that puts [...]

By |2018-05-03T21:25:57-07:00November 19th, 2010|Main category|0 Comments

Corelogic Infonet Press Release

Corelogic Partner Infonet Reaches 120,000 Users - Secure Data Licensing and Revenue Sharing Program Expands to Oklahoma, Rhode Island- SANTA ANA, Calif., Nov. 18, 2010 - CoreLogic (NYSE: CLGX), a leading provider of information, analytics and business services, today announced that multiple listing services (MLSs) representing a total of 120,000 real estate professionals have joined the Partner InfoNet, with organizations representing another 290,000 real estate agents pending or currently in negotiations.  Several recently signed agreements give CoreLogic comprehensive coverage in both Rhode Island and Oklahoma. “We are very pleased to participate in the Partner InfoNet,” said Al Unser, chief executive [...]

By |2018-05-03T21:25:57-07:00November 18th, 2010|Main category|0 Comments

Does your MLS Board of Directors act like a technology company board? Part 1

In many of our conversations with MLSs we hear frustrations expressed about how board meeting discussions dwindle down into minutiae on a regular basis. Instead of talking about how to position the company for the future, the dialog degrades into discussions rehashing a committee recommendation for a small change to the rules and regulations or a $349 line item on the budget. Does this sound familiar?  If so, then there are several changes you might want to consider, but let me focus on just one for this article. When you look around the room at your next MLS board meeting [...]

By |2018-05-03T21:25:57-07:00November 17th, 2010|Main category, MLS Insights|0 Comments

Sifting Through the Maze of Broker Technology – Part 2 of 5

An Industry Needing Backbone Brokers, large and small, face significant challenges they did not face 20 years ago.  Profit margins have eroded and control over their independent contractors has been minimized.   The consumer has taken on a much more vocal role in the process and is forcing transparency and responsiveness never before experienced.   Some of these challenges are related to technology and the advance of the Internet while others are cultural challenges that have come about through the changing broker/agent relationship.  WAV Group’s new white paper explores the issues behind the broker’s challenge to gain better control and visibility into their [...]

How about a new real estate organization to separate the wheat from the chaff?

Lani Rosales at Agent Genius.com wrote an interesting article about whether there are too many REALTORS in the market at this point. While I understand why many would suggest that the market may, in fact, be oversaturated, I would argue that NAR serves a valuable purpose as a political organization. The more members, the more influence.  There’s nothing wrong with its role as THE advocate for the real estate industry. Instead of trying to revamp NAR, I would love to see a new organization meant only for top producers and  highly trained professionals new to the industry. The entry stakes would be [...]

By |2018-11-08T02:43:10-08:00November 13th, 2010|Main category|0 Comments

Are you the “right” kind of board member for your MLS? Is your heart in the right place?

On a recent business trip, I read a book called The No Asshole Rule:  Building a Civilized Workplace and Surviving On that Isn’t by Robert Sutton, PHD and Stanford Professor. It is a delightful quick read that demonstrates that “a__holes” destroy companies and the people they mistreat.  Seems obvious enough, but often the “a__holes” are also power mongers who frequently succeed in life (Steve Jobs, for example, is rumored to be one of these!) After finishing the book, I opened the window and took a few pictures of the Grand Canyon, then considered the plight of the MLS CEO. As an [...]

By |2018-05-03T21:25:58-07:00November 11th, 2010|Main category|0 Comments

Get inspired to use social media to expand your real estate influence

Whenever I need a little boost to remind me how important active participation in social media is, I refer back to the phenomenal video produced by the Socialnomics group. Their video entitled the Social Media Revolution(Refresh) graphically depicts the fundamental shift in the way the world communicates and creates relationships these days.  Those that choose to ignore social media are choosing to ignore a very interesting and important conversation happening with friends and colleagues you know and many you don’t.  The video will help you understand why we cannot ignore social media anymore - it has pervaded every element of our lives. I [...]

By |2018-05-03T21:25:58-07:00November 11th, 2010|Main category|0 Comments