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DotLoop and Zillow
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DotLoop and Zillow

Broker-Agent Information, Main category, Our Services

DotLoop and Zillow

As far as I know, DotLoop customers were happy enough with the product and service until the announcement that the company was being purchased by Zillow. That news, along with the $108M price tag of the acquisition was the fundamental buzz at Inman Connect conference last week. About the price of $108 Million. Typically companies’ sell for a multiple of profit – 6x to 10x profit is not bad. The last acquisition of this type was the Real Estate Digital deal, which sold for a much lower multiple than DotLoop. In the case of DotLoop, it looks like Zillow paid [...]

By Victor Lund|2018-05-03T21:23:36-07:00August 19th, 2015|Broker-Agent Information, Main category, Our Services|5 Comments

PR: The most underrated marketing strategy in real estate
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PR: The most underrated marketing strategy in real estate

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PR: The most underrated marketing strategy in real estate

In today’s world of real estate marketing, advertising gets all the money, social media gets all the glory, and public relations is often an afterthought. But should it be? Everyone understands advertising: We see it every day, in every medium; we are inundated with its messages, from the time we wake up to the moment we turn off the light for the night. It must work, or why would all these companies be spending gazillions of dollars on it, right? As for social media, it’s omnipresent. And according to the social media gurus, it is a must have because everyone [...]

By Kevin Hawkins|2018-05-03T21:23:50-07:00January 21st, 2015|Main category|1 Comment

Swanepoel Publishes Power 200 List of RE Executives

Stefan Swanepoel is best known for his engaging conference lectures and the running line of Swanepoel Trends Reports that has published since 2006. This year, Swanepoel partnered with Rob Hahn, Chris Nichols, Kelly Mitchell, Michael McClure, Susan Browne, Michael Krisa, and Shannon Musgrove to produce a new publication called the Swanepoel Power 200, The most Powerful People In Residential Real Estate in 2013. These types of lists were made famous by Forbes Magazine, the publisher who releases 52 Top lists a year, including Rich Lists, Top Companies, People, Investing, Places, Sports, Technology, and Education. I spoke with Swanepoel for a [...]

By Victor Lund|2018-08-20T06:12:08-07:00January 9th, 2014|Main category, MLS Insights, Press Releases|0 Comments

It’s Your Data – Make Sure You Can Use It!

I do a lot of work helping MLSs choose their next MLS technology vendor and I also work with brokers that use multiple real estate technology tools. The one thing both sets of technology have in common is the fact that without good data the technology is worthless. Numerous roadblocks exist today, however, on the data front that often derails the best software. Some roadblocks come from within the MLS but some come from the technology vendors themselves. MLSs can serve as roadblocks to listing and sales data at the source, meaning they may put arbitrary restrictions on data use [...]

By THE WAV GROUP|2018-05-03T21:24:23-07:00December 9th, 2013|Broker Technology Research, Main category, MLS Insights, Technology Evaluation|0 Comments

Pilgrims vs. Portals

History tells many stories of long ago that reflect on the conditions of today. I came across a story about the Pilgrims that made me think that in some way, it is similar to the real estate industry and portals. In 1630, a Pilgrim court dealt a nasty blow to one of its settlers. They ordered him to be incarcerated, burned his house, confiscated all of his goods, then ultimately exiled him from America. The Pilgrim’s name was Thomas Morton, and they said that he was a danger to society. Morton went to England and pleaded with the English court, [...]

By Victor Lund|2018-05-03T21:24:27-07:00September 20th, 2013|Broker-Agent Information, Main category, MLS Insights, Our Services, Technology Evaluation|7 Comments

It’s Time to Re-invent the Search

There’s a fundamental problem in the real estate business today. Since time immemorial real estate ‘searches’ have utilized a property-centric approach that ignores the other 50 percent of the business: the buyers. In the real estate industry, we focus so much on displaying listings hoping to attract a buyer without spending nearly enough time and resources to analyze and understand the market segment that are the drivers of the purchase. This is also symptomatic of the industry’s fundamental focus on the needs of agents, not consumers. Doesn’t it make more sense to focus on the needs of the consumer? The [...]

By Marilyn Wilson|2018-05-03T21:24:27-07:00September 10th, 2013|MLS Insights, Reports, Technology Evaluation|2 Comments

Build a More Well-informed Board with the WAVinar Series

Our industry is moving really quickly these days. There are so many challenges facing MLSs that threaten the viability of the entire industry--lawsuits, new players, technology revolutions, economic shifts. It is difficult and expensive to keep MLS leadership teams up to speed on the myriad of events, trends, policies, legal issues and research affecting the business. MLS organizations and their leadership need to keep up on all of these issues so they can make proactive decisions to keep their organizations relevant. That's why the WAV Group created its new WAVinar series. The Solution: WAVinars The WAVinar is designed to provide [...]

By Victor Lund|2018-05-03T21:24:27-07:00September 10th, 2013|Main category, MLS Insights, Our Services, Strategic Planning|0 Comments

Leaders and Innovators Often Walk Alone

I have been working a lot in Brazil these days working with a company called Prolist building the first true MLS in their country. The reason I mention Brazil is because it is a great case in point regarding leaders and innovators walking alone. In dozens of meetings I have had with major real estate companies, associations and banks in Brazil I meet those that are leaders and innovators and I also see those that are part of the herd, that only go where the herd goes. The brightest, those with clear vision into the future, often those who have [...]

By Victor Lund|2018-05-03T21:24:28-07:00September 10th, 2013|Main category, Marketing, Our Company, Our Services|4 Comments

Challenge for Positive Change
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Challenge for Positive Change

Broker-Agent Information, Main category, MLS Insights

Challenge for Positive Change

I have been reflecting on what I observed at NAR’s Mid-year conference and I have to tell you that I am more than a bit disheartened. While there is more optimism than there was even a few months ago about the health of the market, there is more dysfunction than ever in “organized” real estate. Concern #1 – The Large Broker/MLS Conflict Since I’ve been involved in real estate I have observed tensions between large brokers and MLSs at least in some markets. The negativity and disillusionment shown between these two groups, particularly at the MLS Policy meeting, was epic. [...]

By Marilyn Wilson|2018-05-03T21:24:34-07:00June 12th, 2013|Broker-Agent Information, Main category, MLS Insights|12 Comments

Company Culture – Critical in Choosing a MLS Partner

In almost every RFP (Request for Proposal) process I facilitate I get asked the question, which MLS vendor and system is the best? In every instance I say, it depends, there isn’t a single right system for everyone. Unlike the waitress who tells you everything is good on the menu, I really am not trying to avoid the question. I will openly discuss what we see as pros and cons of each system, but the truth is, the vendor that is right for one customer is not going to be right for another. There are many things to consider in [...]

By THE WAV GROUP|2018-05-03T21:24:35-07:00June 10th, 2013|Main category, MLS Insights, Our Services|0 Comments

Your Elected Friend
Your Elected Friend

Clients, How to Make Strategic Planning Really Work in your MLS, Main category, MLS Insights, Our Company, Strategic Planning

Your Elected Friend

MLS and Association leadership brings forth an unusual ‘changing of friends’ on an annual basis. It is in the spring of each year that we begin to see these friendships take hold as CEOs arrive at NAR Midyear with their new Board Chairman in tow. It is all part of an important synthesis that takes place in our industry – one that often goes unappreciated. For five or more weeks each year, CEOs are on the road with their Chairman, building a friendship that is pivotal to a successful year, and in some cases, lasting a lifetime. WAV Group strategic [...]

By Victor Lund|2018-05-03T21:24:36-07:00May 13th, 2013|Clients, How to Make Strategic Planning Really Work in your MLS, Main category, MLS Insights, Our Company, Strategic Planning|0 Comments

TheMLS/Claw seeking Senior DBA

Senior DBA Job Description Los Angeles based company is conducting interviews for a permanent, full time Sr. Database Engineer who will be responsible for the design, development, coding, testing, optimizing, debugging and documentation of database applications. Candidate must be able to thrive in a fast paced, team oriented environment. Your Nature: Ability to work independently with minimal supervision as well as a team player Self-motivated Ability to manage support tickets through to completion. Ability to prioritize workload and manage time effectively. Excellent communication skills and customer service skills. Exceptional problem solving and results oriented Take ownership of your work [...]

By Marilyn Wilson|2018-05-03T21:24:41-07:00February 21st, 2013|Main category|0 Comments