So what can you do to prepare? Are you staying close to the new players entering the real estate space? Are you listening closely to what today’s real estate customers are demanding and many times NOT getting from their agent? Are you proactively talking about the ways that the industry is changing and how it is affecting your local real estate marketplace?
Here’s what can happen when an Association or MLS is out of touch and not paying attention to the shifting sands. They can delay or even completely avoid decisions because they seem difficult or controversial causing the organization to fall behind or lose its competitive advantage.
Boards that do not stay close to trends can enforce outdated rules and regulations that hinder member success. They can make decisions in isolation of the needs of homebuyers and sellers weakening the relationship of their members with the buying public.
Worst of all, a Board of Directors that does not stay in touch may not even know it is out of touch if it does not reach out beyond its local community to see where the real estate industry is going.
When conducting strategic plans we hear from brokers and board members that their organization is out of touch with today’s reality.
So how do you get your board in touch? You can pay thousands of dollars for several of your board members to attend industry events. Many of these events can be very valuable for the content that is presented and the networking and peer to peer learning. The CMLS conference and the AEI conference are two great opportunities for MLSs and Associations to get in touch.
WAV Group is now offering another method for staying in touch with trends and learning from progressive MLSs and Associations around North America. We call it the WAVes of Change Series. This exciting new program allows every one of your Board members, Staff and invited guests to keep in touch with the ever-changing trends in our business WITHOUT leaving home. If you would like to learn more about this exciting program you can register HERE for a free webinar telling you all about the program.
This quarterly live event will include EXCLUSIVE, early looks at WAV Group research as well as the ability to learn from industry experts about technology trends, consumer insights and broker and agent issues. We will discuss the key threats and opportunities that face our industry today helping everyone to find new ways to improve the relevance of their organization and ensure its long term viability.
The WAVES of Change series will also encourage participating organizations to share their best practices and breakthrough programs, enabling all of us to learn from the best!
If you would like to learn more about how your Association or MLS can participate in this exciting program, feel free to email us at Marilyn@wavgroup.com or call us at 805 748-9118 and we’ll be happy to tell you more about it.
If you would like to meet in person to talk about the program, we’ll be happy to meet with you at the NAR conference in New Orleans.
If you would like to learn more about the WAVes of Change series, Register HERE for a FREE Informational webinar today.