The WAV Group PRO Plan is a comprehensive strategic planning process which helps an organization uncover major opportunities for improvement and then build and execute action plans to achieve these breakthroughs.
In order for a strategic plan to be effective, it needs to incorporate both internal and external perspectives. It needs to examine the Association's strengths and weaknesses from the perspective of the internal staff and members as well as home buyers and sellers. In addition, it needs to compare the organization relative to broader market trends observed from similar associations within the real estate industry and overall real estate industry market trends. The Pro Plan process provides tools that broaden the scope of the examination of issues within your Association to be sure you can become aware of best practices in order to dramatically improve the performance of your organization.
For Real Estate Associations, the WAV Group PRO Plan is the only strategic planning process with an emphasis on action. The PRO Plan has been designed to help ensure association goals are not just articulated, but actually accomplished.
Unlike many strategic planning processes which only help outline a list of goals, the WAV Group process takes it several steps further. The WAV Group Strategic Planning process is a process, not an event. We stick with you throughout the year, helping you stay on task to achieve and exceed your goals. We work with you and your staff to outline annual goals which are measurable. Next we train participants in the process on how to translate association goals into measurable action plans for their respective responsibility areas. We help you set quarterly goals and coach your team to build and execute action plans.
At the end of each quarter, WAV Group works with you to review results versus the quarterly goals that were set. After reviewing progress, we then work with you to set goals for the following quarter.
At the end of the year, we will work with you to prepare a year end performance summary relative to the annual and quarterly goals set. This report can then be shared with board leadership and association membership to help them understand the benefits you have provided to them.
Please contact us for more information about the WAV Group PRO Plan strategic planning services.
The law offices of Larson/Sobotka have written a very good article on their blog about the NAR policy that limits the actions of an MLS to redistribute or repurpose broker (participant) data without the consent of the broker.
Larson writes: “If your MLS is affiliated with NAR and subject to NAR policy, it is bound by NAR Statement of MLS Policy 7.85:
Use of listings and listing information by MLSs for purposes other than the defined purposes of MLS requires participants consent. Such consent cannot be required as a condition of obtaining or maintaining MLS participatory rights. MLSs may presume such consent provided that listing brokers are given adequate prior notice of any intended use unrelated to the defined purpose of MLS, and given the opportunity to affirmatively withhold consent for that use.” View the entire post here
Perhaps this is just a matter of paperwork to provide adequate prior notice to the brokers - but what if they say no?
There are a variety of disruptive new business developments in our industry that challenge the custody of listing data which is stored in the MLS. Listing Syndication is one, selling or sharing active listing data is another. I am sure there are more.
Perhaps NAR needs to modify their policy to allow MLSs and their boards of directors make decisions without the full consent of each participant. Alternatively, MLS vendors may want to chart a course to provide brokers with the opportunity to opt-in or out of these types of programs.
i imagine that brokers will be pretty stoked about getting paid for their listing data from third party relationships that are facilitated by their MLS for their consideration. It would seem that without local or NAR policy change, or a new way to manage broker consent, progress in our industry may be dampened.
Without jobs, people cannot pay for housing. Foreclosures will continue and prices will decline until a new balance is found. This could be the single factor that delays any recovery in real estate.
POSITION TITLE: Executive Vice
President-Association/MLS
REPORTS TO: Board of Directors
ORGANIZATIONAL
DESCRIPTION
The
Greenwich Association of REALTORS® (GAR) and Multiple Listing Service
serving one of the most exceptional markets in the U.S., with average property
values in the millions, is currently interviewing candidates for the position
of Executive Vice President.
The
Greenwich Association of REALTORS® and
Multiple Listing Service are driven by clear strategic goals and benchmarks
designed to continually improve all member services from education to
technology and data accuracy. The
Association has recently conducted a number of strategic initiatives and member
research and is now looking for their next Executive Vice President to drive
these initiatives forward. The new
Executive will have management responsibility and oversight for both the
Association and Multiple Listing Service.
Should your MLS
provide Transaction Management services?
In our recent study on Transaction
Management Adoption, it is clear that many of the component parts of
full Transaction Management are being used successfully today by a growing
number of real estate professionals. The key point is that they are adopting
this technology step-by-step. Some vendors today offer the different
component parts of Transaction Management separately, including:
Internet Fax
Document Management
Online Forms/Contracts
Transaction Scheduling/Managment
Digital Signature
Transaction Management technology makes sense for
many reasons.
WAV Group has been tracking the adoption of online transaction processing software for several years. In the 2005 WAV Group Transaction Management Adoption Study, we identified a number of factors that were inhibiting adoption of transaction management solutions and recommended steps to improve adoption. We are seeing encouraging adoption increases throughout the country.
The WAV Group 2009 Transaction Management Adoption Study surveyed over 1700 brokers and agents from 22 different MLSs. In addition, we worked with major Transaction Management vendors to look at their product adoption trends over the last few years. The result is a much clearer picture of where online transaction processing stands today.
The study found that online transaction processing has come of age. User and transaction growth is significant. Both survey results and growth trends from each of the key online transaction processing software vendors support this finding.
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The law offices of Larson/Sobotka have written a very good article on their blog about the NAR policy that limits the actions of an MLS to redistribute or repurpose broker (participant) data without the consent of the broker.
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WAV Group has been tracking the adoption of online transaction processing software for several years. In the 