The Starfish and the Spider

I just read a great book that I would suggest others read called The Starfish and The Spider, The unstoppable power of leaderless organizations by Ori Brafman and Rod Beckstrom (available everywhere including the ipad). The book starts out by providing a chronicle of how science thinks the brain works. We have learned over the years that memories are not stored in one spot, but all over the brain - much like information indexed by Google is located all over the internet. As much as scientists wanted to hind heirarchy in the brain, it was not there - which makes [...]

By |2018-05-03T21:26:03-07:00September 9th, 2010|Main category|0 Comments
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Learn from Mike Wise’s Mistakes – Think before you Twitter

We can learn from Mike Wise’s mistake As we engage in Twitter, Facebook, Linkedin and blogging, we have all become journalists.  Most of us have never been trained in the “rules” of journalism. We haven’t been trained on the code of ethics for journalism. When we get in to Twitter, it sometimes feel like we’re all by ourselves and nobody really ties our posts back to our “real” lives. NOT TRUE - just ask Mike Wise, sports reports from the Washington Post.  He created afalse post about an athlete in his Twitter Account as an “experiment".  He deliberately posted a [...]

By |2018-05-03T21:26:03-07:00September 7th, 2010|Main category|0 Comments
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Discover MLS Takes MLS System Designed for CAR/CALREDD Product National

Bret Wiener, one of the former founders of Concentric MLS, announced today in the following press release that the software originally built for the CAR/CALREDD initiative is now being offered on a national basis through his new company, Discover MLS.  Discover MLS has already made a significant impact on the MLS industry with its introduction of a Web 2.0 solution, designed on Adobe Flash®.  Other major vendors obviously took notice as they are in the process of developing new MLS versions that allow them to offer similar features such as the multi-tasking session features offered by Discover MLS. Read full Press [...]

By |2018-05-03T21:26:03-07:00September 1st, 2010|Main category, MLS Insights|0 Comments
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Roost exits the third party portal business

Roost is officially dropping their web portal business, and its a shame. There were only three companies who offered a national portal for property search that used IDX listings as its foundation: REALTOR.com, cyberhomes.com, and Roost.com. As you may know, Cyberhomes transferred many of their company assets to RPR last year and announced that they were exiting the portal business. They announced the sale of the domain name to Lisitngbook this year. Guess the last one standing is REALTOR.com. Here is the roost announcement   We are reaching out to inform you of some changes that will take place at [...]

By |2018-05-03T21:26:03-07:00August 31st, 2010|Main category|0 Comments
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Point2 Technologies National Real Estate Confidence Index (RECI) Survey says confidence is still low

NEWS RELEASE U.S. Broker and Agent Forward Looking Confidence Hits New Low in August According to Point2 Technologies National Real Estate Confidence Index (RECI) Survey 7.23% drop in sentiment pushes Index below the median level for first time Indicates possible further homes sales downside ahead Saskatoon, SK and Vancouver, BC August 25, 2010 Real estate professionals surveyed for Point2 Technologies ("Point2″) monthly national Real Estate Confidence Index ("RECI") continued to exhibit concern over the future of the market, in August, and sent the Index below the median of 5.0 on the RECI scale of 1 10 (1 being “Bad” and [...]

By |2018-05-03T21:26:03-07:00August 25th, 2010|Main category|0 Comments
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Top 10 REALTOR® Associations and Total REALTORS® by State

NAR just released its July 31, 2010 National Association of REALTORS® Monthly Membership Report. Below are some interesting findings: NAR reports that the total number of REALTORS® in America at the end of July, 2009 was 1,112,645. At the end of July 2010, NAR reported the number of REALTORS® in America was down 3.85%, making the current total 1,088,703. In this same national report, it is not surprising given the economy that every state’s total number of REALTORS® has dropped several percentage points. Currently, the top 10 states with the highest number of REALTORS® include: 1.) California- a. Last July [...]

By |2010-08-25T17:59:10-07:00August 25th, 2010|Main category, MLS Insights|2 Comments
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CoreLogic launches anti-fraud product

Wednesday, August 25th, 2010, 4:58 pm   US housing data aggregator CoreLogic is now offering a short sale fraud detection tool that monitors the property even after the sale is completed. Nearly two weeks ago, CoreLogic announced that short sales has cost lenders nearly 300 Million in 2010. “Today lenders, to a higher point than ever before, are dealing with foreclosure and dealing with borrowers,” said VP of Fraud Solutions at CoreLogic, Frank McKenna, “and with an estimated 400,000 short sales to be negotiated with real estate agents, there needed to be a way to make sure all offers on a property [...]

By |2018-05-03T21:26:03-07:00August 25th, 2010|Main category|0 Comments
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CMLS Chicago information

The annual CMLS (Council of MLS) conference is coming up soon!  RETechnology and WAV Group will be there.  Don’t miss the biggest MLS conference ever (registered attendance is the highest in history already). Keep up on the very latest information regarding the upcoming CMLS 2010 Conference Insight Into The Future in Chicago, Illinois, September 29 through October 1. -          Like us on Facebook by finding the “CMLS 2010 Chicago: Insight Into The Future” page. -          Follow us on Twitter by finding CMLSConference. -          Join our group on LinkedIn  CMLS 2010 Chicago: Insight Into The Future. Connect up with CMLS 2010 now and you will continue to [...]

By |2010-08-25T17:55:47-07:00August 25th, 2010|Main category|0 Comments
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How To Set-Up A Facebook Fan Page

Due to a high level of interest in learning more about Facebook Fan Pages, we have researched and provided the following step-by-step approach to setting up a Facebook Fan Page. We hope you enjoy! Without a doubt it can be tricky to locate the “Add a Facebook Page.” To jump straight to this page, and avoid the multi-step navigation process outlined below, here is the link: http://www.facebook.com/pages/create.php If you cannot access the “Create a Page” link above, follow the below steps. 1.) Go to the home page of your personal Facebook page, and click the Account button 2.) Click “Account” and [...]

By |2018-05-03T21:26:03-07:00August 18th, 2010|Broker Technology Research, Broker-Agent Information, Main category, MLS Insights|0 Comments
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Listing Book LLC to Acquire Cyberhomes.com

Press Release Listingbook LLC Enters into a Definitive Agreement with LPS Real Estate Group to Acquire Cyberhomes.com Listingbook will continue to operate the website as a ‘best-in-class online real estate destination powered by LPS premier data aggregation services   JACKSONVILLE, Fla. and GREENSBORO, N.C. Aug. 3, 2010 Lender Processing Services, Inc. (NYSE: LPS), a leading provider of integrated technology and services to the mortgage and real estate industries, announced today that its subsidiary, LPS Real Estate Group, Inc., and Listingbook LLC, a leading provider of broker and agent client servicing applications, have signed an agreement for Listingbook to take over [...]

By |2018-05-03T21:26:03-07:00August 3rd, 2010|Main category, MLS Insights|1 Comment
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CoreLogic Extends Data Licensing Agreement with the Houston Association of REALTORS® (HAR)

CORELOGIC AND HOUSTON ASSOCIATION OF REALTORS® EXTEND DATA LICENSING AGREEMENT SANTA ANA, Calif., Aug. 2, 2010 CoreLogic (NYSE: CLGX), a leading provider of information, analytics and business services, today announced that it has renewed and expanded its longstanding data licensing agreement with the Houston Association of REALTORS® (HAR). The agreement extends the permitted uses of HARs listing data beyond automated valuation models (AVMs) to other risk management solutions.  Under the agreement, HAR will also join the CoreLogic MarketLinx Data Co-op, which facilitates the sharing of real estate listings with other multiple listing services (MLSs) around the country, and will provide [...]

By |2018-05-03T21:26:04-07:00August 2nd, 2010|Main category, MLS Insights|0 Comments
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Why Foreclosures are really bad for home ownership

According to this research from Harvard and MIT, reprinted below from Housing Wire,  A foreclosure reduces the value of a house by 27%, on average, and accounts for a much steeper price drop than other forced sales (like death). Despite every effort by the US Government to buoy the housing market, they have not been able to stem the rash of foreclosure. This is not necessarily being brought upon us by the worse employment market in history. It is compounded by “Strategic defaults” that continue at an alarming rate. These are defaults by homeowners who can afford to pay their mortgage, but choose [...]

By |2018-05-03T21:26:04-07:00July 27th, 2010|Main category|0 Comments
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