Short on Inventory? How about forming stronger relationships with Homebuilders?

WAV Group saw this news release come across the wire today.  What we would like to see is a much stronger collaboration between home builders and REALTOR organizations. Just about every area in the country is low on inventory right now. Why not partner with homebuilders to offer up their inventory. The industry can work with the homebuilders to be sure that REALTORS are getting adequately compensated for the work they do with builders.  Associations can also provide training to agents to teach them how to work effectively and professionally with homebuilders.  Homebuilders have been forced to go it alone to [...]

By |2018-05-03T21:24:50-07:00October 15th, 2012|Main category, MLS Insights|1 Comment

Your company is a mess and that’s ok

If you look around your business and recognize a mess, everything is probably working a lot more smoothly than you imagine. It sounds counter intuitive, but companies that are progressive and evolutionary are likely to have many things left undone. Here are three things that you are likely to recognize in your company that are unseemly, but good. Wrong People There is no such thing as a perfect business team. When you evaluate your team, you will recognize that they all have strengths and weaknesses. Everyone is always working on improvement in some area of their professional responsibility. In today’s [...]

What is a participant

NAR published revised guidelines this year that outline the definition of a Participant in the MLS. It is a long description, so I will put it at the end. One key element is that the mere possession of a broker's license is not sufficient, the broker must actively endeavor to make or accept offers of cooperation and compensation with respect to properties of the type that are listed on the MLS. If you are an NAR affiliated MLS, you probably have already adopted this language and amended your rules and regulations. Some MLSs go further. They require the broker to take training. Some state [...]

Great Companies Execute Effectively

Marilyn Wilson's post yesterday set off a storm. The DMV, known for its historically horrid service experience has changed their ways. They do a good job, at least here in San Luis Obsipo, CA. When WAV Group is providing strategic planning support to an MLS, Association, Technology company, or broker - we measure stuff. There is usually a comparison chart created that shows a checklist of features or service offerings that compares company or product A vs. company or product B, C, and D. This is an important exercise and the information drawn from this type of benchmarking is helpful [...]

Stewart Information Services Corporation’s Stewart Morris Jr. Appointed to ALTA Board of Governors

HOUSTON (June 8, 2012) – Stewart Information Services Corp. (NYSE-STC) is pleased to announce the appointment of vice chairman Stewart Morris Jr. to the American Land Title Association (ALTA) Board of Governors. The Association’s Board of Governors is responsible for creating policy, managing the financial health and ensuring the overall welfare of the Association. “Stewart has brought strong leadership to both our company and the title industry as a whole throughout his nearly 40-year career,” said Matt Morris, CEO of Stewart Information Services Corporation. "His experience and knowledge will prove valuable to ALTA as he takes on this leadership role. [...]

By |2018-05-03T21:24:57-07:00June 8th, 2012|Main category, Press Releases|0 Comments

New, simple way to keep your Board of Directors up to date on key issues facing MLSs

When we facilitate strategic plans for MLSs across the country, we often hear that board members would like their MLS to do a better job of keeping them up to speed on the key issues facing MLSs today.  With today’s budget crunches it is virtually impossible to send all of a MLSs leadership to conferences and workshops. We thought that maybe there’s a way for WAV Group to bring the conference to MLS boards so that each board member can stay up to speed without having to spend the time and money attending conferences all over the country. That’s why [...]

Mobile MLS

(This article ran previously in the WAV Group Newsletter released on Friday. We received feedback that despite our rant, some MLS iPad apps are quote good. If you would like to nominate an iPad app that is great, leave a comment below. It should, at a minimum, offer add/edit capabilities - adding photos would be a home run) Some MLS providers and Associations have heard just about enough excuses when it comes to mobile. Vendors have been dragging their feet on supporting full mobile MLS, and it is a real problem. Only one MLS vendor with more than a dozen customers [...]

By |2018-05-03T21:25:01-07:00May 15th, 2012|Main category, MLS Insights|0 Comments

Rapattoni and iHomefinder Partner on VCCAOR Website

Rapattoni has long offered Association websites and MLS consumer property search solutions in the markets that they serve. I believe Rapattoni may have been among the pioneering MLS vendors at offering such a solution. Having said that, there has been little attention paid toward innovating the search component of that platform. In the deployment of the new website, Rapattoni and iHomefinder collaborated to deliver an elegant solution. This week, the California based Ventura County Coastal Association of REALTORS (VCCAOR) debuted their new website powered by iHomefinder. Board President Cindy Diaz-Telly spoke with the WAV Group about the site. According to [...]

By |2018-05-03T21:25:02-07:00May 14th, 2012|Main category, Marketing, MLS Insights|0 Comments

MLSs and the Marketing Center

MLSs have long been a marketing center in some small way. Agents working with buyers and sellers create reports that are organized to provide listing information to clients. The reports are very useful, but aside from the ability to insert a broker logo, agent photo, and contact information, the design of these reports often falls short of achieving the goal of a well-branded and unique marketing piece. Some MLSs have begun to partner with providers to enhance or augment this MLS system functionality, and offer marketing systems that have full feature functionality. MRIS, Metrolist Colorado, MLSListings, MLSLI, and a handful [...]

PWR Launches 10K Reports

The Minneapolis Association of REALTORS developed a company called 10K a few years ago. The mission of the company is to offer REALTORS outstanding market analytic reports. They have been canvasing the country offering the product through MLSs and REALTOR Associations. Pacific West Association of REALTORS (PWR) is a large and recent new customer for 10K. WAV Group had a Q&A session with Lalaine Castillo, PWR VP Marketing and Communications to understand the strategy behind their vendor selection. Question:What differentiated 10K from other stats vendors? Answer:10k understands the business of REALTOR associations and our members,  having deployed similar solutions for [...]

Explaining an MLS App Store

I am not sure if anyone is allowed to use Apple's famous App Store name, but lets suffice it to say that the term App Store is familiar to most - so lets use that anyway. The key components of an App Store are Instant delivery, Platform Specific, eCommerce enabled. This is really important to understand because FBS truly is launching the first real MLS App Store. This is different from the RE Technology Success Store, which we call an App Store, but it is really an eCommerce solution. Let me explain: Instant Installation The key component of [...]

Top Articles from Last Week on RE Technology

RE Technology is now providing communication support to more than 70 MLSs. The site allows the MLS and Association to deliver engaging technology learning for their members. If you have not considered offering RE Technology in your market, give us a call or lets schedule a meeting at Mid-Year. It is easy to launch and is completely free. If you do not already have an account, we would be happy to create a complimentary account for you. Just email melissa@retechnology.com TOP 5 AGENT & BROKER ARTICLES OF THE WEEK! RE Technology wants to supports our MLS partners by highlighting articles [...]