How Will Real Estate Anti-Trust Settlement Impact Luxury Sales

Over the years, negotiations over commissions have been particularly pronounced in luxury and hyper-luxury sales, signifying what the Department of Justice (DOJ) aims to address by joining the court and plaintiffs in challenging the practice of advertising buyer compensation in the MLS.

By |2024-04-08T12:01:11-07:00April 8th, 2024|Legal in Real Estate|0 Comments

CRMLS Adapts to Anti-Trust Settlement With Action Plan

Art Carter, CEO of the California Regional Multiple Listing Service (CRMLS), sheds light on the organization's proactive approach towards addressing the ramifications of anti-trust complaints within the real estate industry.

By |2024-04-08T13:04:12-07:00April 8th, 2024|Legal in Real Estate|0 Comments

5 Tips For Better Email Open Rates, Plus PROVEN Plug & Play Subject Lines

A compelling email subject line is what’s going to land you in the inbox, enticing your audience to open and engage with your content.  Below are five proven tips for crafting effective email subject lines, as well a list of words and/or phrases that deliver results.

By |2024-04-08T05:58:14-07:00April 8th, 2024|Broker-Agent Information, Marketing|0 Comments

Real AI: Chatting with the ChatGPT app, real estate agents and Chatbot privacy dilemma, headlines and an AI Quote of the Week

By Kevin Hawkins with Korey Hawkins | Vol. 2 Post 14 Real AI is a 100% human-created weekly roundup of all things AI in real estate and emerging AI innovations in other sectors likely to impact real estate, posting weekly. Chatting with the ChatGPT app A splash screen inside my ChatGPT app on my iPhone 14 recently popped up, inviting me to select a "voice." Its prompt was that I could converse with ChatGPT rather than a text search. So, I went into Settings, which is a little tricky to find. First, go to the top left of the screen [...]

WAV Group Releases 2024 Brokerage Technology Roadmap Part 2: The Intranet

Part 2 of the report sheds light on the pivotal role played by the company intranet in driving agent productivity and facilitating product adoption. Building an effective intranet involves careful consideration of various factors, including email integration, single sign-on functionality, and commission payment portals.

Real AI: AI’s sophomore slump, 5 great ChatGPT party tricks, headlines, fast facts and AI quote of the week

By Kevin Hawkins with Korey Hawkins | Vol. 2 Post 13  Real AI is a 100% human-created weekly roundup of all things AI in real estate and emerging AI innovations in other sectors likely to impact real estate, posting weekly. Welcome to AI’s sophomore slump Earlier this week, the headlines warned, "It's not just you: ChatGPT is down for many worldwide.” For those who rely on ChatGPT for work assistance, having your AI offline can be frightful. It's sort of like misplacing your iPhone: you go into a panic until it is found. How many times do you refresh your [...]

Brokers Over $2B in Volume Should Prepare for Mediation

Get your attorneys on it. Pay close attention to the settlements that have already been announced, and do some 5th grade math.

Is it time to trim the punitive tone off Compliance Communications?

MLS executives deeply understand the critical role compliance plays in maintaining data accuracy and integrity within their systems. Through the hundreds of thousands of subscribers we have surveyed via the WAV Group Customer Experience Index, we have noticed a correlation between the severity of the tone of compliance communications and overall MLS satisfaction.  The way that an MLS communicates compliance issues to its members can significantly impact their perception of the organization and the strength of their collaborative relationship. Finding the right balance between creating a sense of urgency and duty, and angering or frustrating subscribers is a very difficult line to draw. 

By |2024-03-25T09:44:11-07:00March 25th, 2024|MLS, MLS Insights|2 Comments

Leverage ListTrac to Convince Potential Sellers there is Strong Interest in their Property

While supply is still limited and approximately ¼ of homes are still receiving multiple offers, homeowners are still hesitant. They do not believe there is enough demand for their home to warrant selling it. Here’s one simple way to counter that belief and demonstrate strong home buyer interest.

Real AI: Is AI another boys’ club? Ode to Otter, headlines and an AI Quote of the Week

By Kevin Hawkins with Korey Hawkins | Vol. 2 Post 12  Real AI is a 100% human-created weekly roundup of all things AI in real estate and emerging AI innovations in other sectors likely to impact real estate, posting weekly. Does AI have a gender problem? As a long-time advocate of gender parity, an email in my inbox this week from Laura Meli with Girls Who Code asked this question as its subject line: “Is AI another boys’ club?” The email immediately notes that technological innovation and progress demand diverse perspectives, adding, “This is especially true in the field of [...]