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24 04, 2013

CRS and iMapp merge strategies

By |2018-05-03T21:24:37-07:00April 24th, 2013|Main category, MLS Insights, Press Releases|0 Comments

WAV Group was provided with an announcement today that may be of interest to current iMapp customers, current CRS customers, or anyone looking for tax services. CRS and iMapp have entered into a strategic agreement that has CRS focused on tax systems and iMapp focused on advertising revenue. The companies will remain separate corporations, but align themselves to serve their customers in a way that leverages assets and capabilities of both companies. Tax systems used by professionals in real estate are very important, and very different from simple access to tax data that may be available in a variety of [...]

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20 04, 2012

MLS Innovation from DiscoverMLS and iMapp

By |2018-05-03T21:25:06-07:00April 20th, 2012|Main category|1 Comment

DiscoverMLS, the company in large part responsible for driving significant innovation in the MLS industry, and iMapp, the company that pioneered the concept of advertising inside the MLS system, are at it again. The two companies have paired up and have announced a new initiative that creates an alternative to the traditional model of purchasing an MLS system separate from a Tax system. Whenever we at WAV Group conduct agent and broker research we hear pleas for better ways for MLSs to integrate all of their core tools to make them easier to work with. This initiative answers one of [...]

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26 01, 2010

IMAPP Offers Expanded Revenue Opportunities to Multiple Listing Services Partnership

By |2018-05-03T21:26:16-07:00January 26th, 2010|Main category|0 Comments

IMAPP, a leading provider of public records and property data software, today announced a new service with the potential to generate non-dues revenue for their MLS customers. According to a press release issued today by IMAPP: IMAPP’s new premium information product allows Multiple Listing Services (MLS) the option to maintain control over their data and generate revenue from their listings. Beginning immediately, IMAPP clients can elect to combine their data with IMAPP’s products and market to a new audience. Today most brokers publish their listing data to multiple sites including Zillow, Trulia and Realtor.com. These companies and many others are trying [...]

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19 12, 2008

IMapp preparing for future growth

By |2018-05-03T21:26:36-07:00December 19th, 2008|Main category|0 Comments

IMapp recently announced several moves to position the company for future growth. Joel Cohen has been promoted to President, Kevan Sheridan was promoted to VP of Systems Operations and Pat Bastian was promoted to Vice President of Data Operations. Former President Bill Rovillo now maintains the position of Founder/CEO. Joel Cohen joined IMAPP in September, 2008 having most recently served as the Mid-Florida Regional MLSs Vice President, overseeing their day-to-day operations for the past nine years.  Joel will now oversee IMAPPs daily operations and future endeavors. “Im excited to have the opportunity to help lead the IMAPP organization into the future” says [...]

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14 08, 2013

Revenue Generation Emerges in MLS strategy

By |2018-05-03T21:24:29-07:00August 14th, 2013|Main category, MLS Insights, Product Management|0 Comments

MLSs are for profit entities. They have investors and a board of directors and have a stated goal of providing returns. Normally, the investors in the MLS are the Associations of REALTORS® or brokers that put up the initial funding for the MLS. The MLS was the natural extension of sharing property listings between real estate professionals pre-dating the founding of NAR. When printed listings were replaced by the electronic MLS, the business model, payment per month by members continued. That model still exists today and is in line with how software as a service (SaaS) is typically delivered across [...]

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29 10, 2012

Zillow brings 1.2M listings out of the shadow

By |2018-05-03T21:24:49-07:00October 29th, 2012|Broker Technology Research, Main category|3 Comments

Since the housing market crash, there has been lots of discussion about shadow inventory. These are properties that are in bank foreclosure or pre-foreclosure that are making their way onto the market. Up until now, this inventory has been slowly released - perhaps strategically by banks who want to contain loss exposure - but more likely as a result of the slow process for foreclosure across America. The only thing slower than a bank's decision making process is the US Court system. Last week, Zillow - one of the three leading search portals in America began to display 1.2Million listings. [...]

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6 02, 2012

Integrating MLS tools into Agent Browsers

By |2018-05-03T21:25:15-07:00February 6th, 2012|Main category, MLS Insights, Product Management, Strategic Planning, Technology Evaluation|4 Comments

Until today, MLSs have been walled Internet gardens. The MLS is accessed through the browser, but is entirely separated from the rest of the open Internet. iMapp just released an innovation that may begin a trend to change all of that. With iMapp, real estate agents with accounts may install a search plugin into their browser. This plugin puts a layer of MLS tax data on top of any website. With the search plugin, agents can look up tax on any property address found on any website – this includes the MLS, Agent and Broker Property Search Websites, Consumer property [...]

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23 09, 2011

WAV Group Presenting at CMLS Conference in Tucson

By |2018-05-03T21:25:27-07:00September 23rd, 2011|Main category, Press Releases|0 Comments

WAV Group is proud to be a part of this year’s CMLS conference held on October 5th-7th in Tucson, Arizona. Partners, Marilyn Wilson and Victor Lund will be presenting on the important topics facing the Real Estate industry. WAV Group is renowned for its ability to deliver unbiased and objective research and insights and has been credited with providing advisory services that have helped countless organizations re-invent themselves to create growth by delivering relevant products and exemplary customer service to their customers. Marilyn Wilson will be participating in two panels “The Crystal Ball of Governance” and “What consumers think does [...]

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8 08, 2011

Arizona forms largest statewide MLS in the Nation

By |2018-05-03T21:25:32-07:00August 8th, 2011|Main category, MLS Insights|0 Comments

By a margin of 3 to 1, the Arizona Association of REALTORS voted to acquire the assets of ARMLS today forming the largest statewide MLS in the nation and possibly one of the top 5 largest MLSs in the nation. By our accounting, only MRED in Chicago, MRIS in the Mid-Atlantic would be larger. CRMLS in Los Angles, SoCAL MLS in Los Angles, MFRMLS in Central Florida are all smaller, but possibly in reach. Not that the numbers matter all that much. The difficult next step will be to encourage other Arizona MLSs to join the party. Bob Bemis, current [...]

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13 06, 2011

Generating Non Dues Revenue

By |2018-05-03T21:25:39-07:00June 13th, 2011|Main category, MLS Insights, Strategic Planning|0 Comments

Generating Non Dues Revenue MLSs and Associations of REALTORS® are facing budget woes. The decline in the housing market created a cascading impact on dues revenue.  The number of subscribers to MLS service has retreated to 2006 averages, coupled with membership losses to Associations of REALTORS®. In isolated real estate markets around the country, MLSs and Associations have become creative at building revenue streams outside of subscription fees and membership dues. Advertising is chief among them. As you have read in leading real estate media sources like RE Technology, Inman News and RIS Media, there [...]

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15 02, 2011

CoreLogic’s Infonet tops 140,000 participants

By |2018-05-03T21:25:52-07:00February 15th, 2011|Main category, MLS Insights|0 Comments

According to a press release released today, CoreLogic’s Infonet program now has agreements in place to serve over 140,000 participants throughout the United States. Today they announced that five multiple listing services (MLSs), representing more than 19,000 real estate professionals, have joined the Partner InfoNet revenue-sharing program. The new agreements include the program’s first in Florida and bring the total number of real estate professionals who are participating in Partner InfoNet to more than 140,000 and more than 400,000 listings. The new MLSs are: Regional MLS, Inc. of Palm Beach; North Carolina’s Fayetteville Association of Realtors, Inc.; Central Virginia Regional [...]

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