Coming off of an awesome, Hall-of-Fame type of year in which I batted .600 in predictions (or, alternatively, a year in which I only got 6 out of 10 predictions even remotely close to right, and hence am a big #FAIL), I thought I would don the Nostradamus hat once again and make foolish predictions … Read more
As is somewhat normal, Brian Larson has a thought-provoking post on the future of the MLS up on MLS Tesseract. I gather it’s just one part of a series that he wrote a while back on Inman. In this particular post, Brian argues that interbroker compensation (aka, “Offer of Cooperation and Compensation”) is an anachronism … Read more
[Original post at 7DSassociates.com] There is a fascinating post on Find It Fill It blog (looks to me like this is a commercial real estate brokerage of some sort) about how Loopnet’s “crowdsourcing” model will reinvent commercial real estate as we know it: This is like aiming a cannon to your competition that’s holding a … Read more
Marilyn Wilson of the WAV Group has posted a plea for MLS boards to set aside personal agendas and work towards the good of the whole MLS, asking, “Is your heart in the right place?“: I would suggest that every MLS board member in the country think about the importance of the role they are … Read more
And what say the Right Honorable Gentleman on the issue of IDX pricing? Marilyn Wilson of the WAV Group has posted a plea for MLS boards to set aside personal agendas and work towards the good of the whole MLS, asking, “Is your heart in the right place?“: I would suggest that every MLS board … Read more
As reported by Inman News, NAR’s Multiple Listing Issues and Policies Committee has approved a new addition to the Internet Data Exchange (“IDX”) policy as follows: Display of IDX Information by Real Estate Franchise Organizations Participants may provide IDX information to their real estate franchise organizations (“franchisors”) to be indexed for display on franchisors’ websites. For purposes … Read more
(Originally posted on the 7DS Blog) As reported by Inman News, NAR’s Multiple Listing Issues and Policies Committee has approved a new addition to the Internet Data Exchange (“IDX”) policy as follows: Display of IDX Information by Real Estate Franchise Organizations Participants may provide IDX information to their real estate franchise organizations (“franchisors”) to be indexed for display … Read more
Originally posted to Notorious R.O.B. Back in September, when Move, Inc. (which operates Realtor.com, among other units) acquired ListHub, the leading syndicator of listings, there were a number of opinions and speculations on why Move would buy a syndicator of all things. Given that Move gets a direct feed of all MLS listings under the NAR Operating Agreement, … Read more
Thanks to my friend Jack Miller, I read this post by Drew Burks of Web Real Estate Marketing in which he laments the lack of leadership in the MLS and Realtor Associations: You see the associations are focused on the wrong things! The real estate industry is focused on growing membership and collecting membership dues; … Read more