Where Real Estate Gets Its Dirt

Webinar: Learn about MLS solutions powered by RECore

“Excited about this one! The MLS innovation trend has been a popular topic for awhile now. Looking forward to interviewing Katie Smithson about REcore, a tech focused initiative from CRMLS. Join us for a lively and informative chat!”

Via PRESTA

Link to register: https://us06web.zoom.us/…/631…/WN_0fjU4EmFR8C6nfrv1swi3A

NTREIS chooses Paragon MLS connect

NORTH TEXAS REAL ESTATE INFORMATION SYSTEMS INC. SELECTS PARAGON CONNECT MLS FROM BLACK KNIGHT AS A PLATFORM OF CHOICE FOR SUBSCRIBERS

“We place a premium on choice when deciding what technology we offer our subscribers,” said John Holley, CEO of NTREIS. “And we were impressed to see that Paragon Connect allows users to do business anytime, anywhere, and from their preferred device. The flexibility and ease-of-use made Paragon Connect an easy choice for us.

NTREIS plans to make Paragon Connect available for its subscribers in early 2024.”

Chalk up another POC deal for Black Knight. I’ve written before of the strategy behind this for both MLS organizations and MLS vendors. The trick will be if any of these POC deals can peel off users from the primary MLS system.

The MLS™/CLAW and RentBase Announce Partnership

The MLS™/CLAW and RentBase Announce Partnership to Streamline Rental Leasing Process for 18,000 Southern California MLS Agents

“We’re thrilled to partner with RentBase and extend its rental management services to our many agents and brokers,” said Annie Ives, CEO of The MLS/CLAW. “Rentals have become increasingly important in today’s market, but there is a lack of efficiency and transparency in the rental market. RentBase will help our agents overcome these barriers by managing and nurturing all their rental data and transactions, and converting renter leads to home sales.”

Another tool/solution I written about a lot is ways for agents to expand their business away from just homes for purchase to rental and property management. I think today’s real estate agent should be focused on “housing” not just one sliver of that pie.

There are many good tools in this space. I missed this press release from last month. RentBase caught my eye about a year ago. They are basically a CRM for rental leads and some other features. Noaam Blum is just the kind of founder I like, someone who built something that scratched his own itch. Check ’em out.

FMLS adds Restb.ai to Matrix product suite

Real Estate Tech Leader FMLS Brings Cutting-Edge AI to Agents, Brokers Powered by CoreLogic and Restb.ai

“Restb.ai AI services will be fully integrated into FMLS’s CoreLogic Matrix™ platform and CoreLogic OneHome™ client collaboration portal. Recently recognized as an Inman Innovator, Restb.ai’s generative AI will automatically extract data insights from property photos to streamline the listing input process. Using this same technology, once integrated, homebuyers can upload a photo in OneHome and search for listings with desired features, introducing a new dimension in property search.”

Two things I don’t think can happen fast enough for listing data are floorpans and image tagging. Both have challenges to implement. I feel like I’ve been writing and advocating for both for a few years now. And happy to see this type of progress on both efforts.

While the article talks about many of the use cases for image tagging I don’t think we know what the killer application of this tech will be yet. Sure ADA compliance is a good thing and yeah image match sound promising. But I still think there is something more here that will only be discovered by playing around with it and now because of this partnership it seems that they finally have the chance.

The first domino

How it started…

The commission suits are headed to trial. What happens after that?

“In a session called, “Life After the Megalawsuits,” industry blogger, podcaster, and entrepreneur Greg Robertson put the risk to the industry at a 3 on a scale of 1 to 10.

“I have a bet … that this stuff will be settled by the end of the year,” Robertson told attendees, acknowledging that his view might be an outlier among the crowd.”

Andrea Brambila for Inman News

How’s it going…

Anywhere settles bombshell Sitzer and Moehrl commission lawsuits

“Real estate franchisor Anywhere Real Estate has reached a settlement with the plaintiffs in the two bombshell lawsuits that have the potential to shake up how real estate agents nationwide are paid.”

Andrea Brambila for Inman News

If I win this bet I’m going to become unbearable.

IYKYK

via GIPHY

SentriLock and NAR deal turns 20

SentriLock Celebrates 20Years as Official Lockbox Solution of the National Association of REALTORS®

“SentriLock began when Scott Fisher, founder and CEO of SentriLock, with his partners, was working on improving the existing lockbox solution used by real estate agents. As the first working prototypes were being assembled, NAR made the decision to respond to member dissatisfaction of having only one lockbox solution and purchased majority interest in SentriLock. SentriLock and its new lockbox made its debut at the NAR Leadership Summit in August 2003 and, with its return to the Summit this year, SentriLock celebrates 20 years as the NAR’s official lockbox solution allowing REALTORS® to “Unlock their potential”.

Scott’s contribution to the industry goes even farther back to PC Access, which was an earlier competitor of mine (Lightning -Easy MLS Access) in the pre-internet days. Many years later Scott and I had a chance to sit down at lunch and talk about the old days of VT-100n, Moore Data, PRC, and BORIS. Congrats.

Looking for a new gig?

Vice President – Multiple Listing Service- MLS of Southern Arizona

“maintenance of all Multiple Listing Services (MLS) and supporting products, including technology and compliance service centers.

Expected outcomes: Achieve measurable improvements in member satisfaction, employee productivity and member service revenues. All performance measures as determined.

The find out about this job or post a job, please visit the Vendor Alley Job Board.

MetroList Services relaunches public-facing website

MetroList Introduces MetroList.com, A Powerful New Search Portal Designed For Consumers and Agents

“MetroList®, the largest Multiple Listing Service (MLS) in Northern California, has introduced MetroList.com, a relaunch of the MetroList public-facing website. MetroList.com boasts many next-generational features that provide consumers with the most accurate database of properties for sale and recently sold in Northern California. As an added member benefit, every MetroList subscriber is provided with their own branded MetroList.com agent IDX searchable website.”

I think the switch to Metrolist.com from MetrolistMLS.com was smart. The site is on par with most listing portals, although I do prefer MetroList’s listing details page (single larger photo) over Zillow. Another thing I did appreciate is that the site is pretty snappy. Nice job MetroList!

Looking for a new gig?

Product Manager – The MLS

“- Ensure product roadmaps as defined by the Technical Director are executed effectively within an Agile (Scrum) framework.

-Ensure technical requirements are effectively translated from business stakeholders to engineering.

-Continually ensure that the CEO and other key stakeholders are fully informed on release statuses to enable effective initiative management and stakeholder communication.”

The find out about this job or post a job, please visit the Vendor Alley Job Board.

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