“REsides is the first and only MLS to launch a revolutionary new equity-ownership model for its clients. The Company is focused on delivering best-in-class client service while spearheading big change in the industry with an ‘MLS without boundaries’ vision that encourages collaboration and cooperation across the entire real estate eco-system. We envision a future where MLSs become the unquestionably best stewards of data; the catalyst for increasing data value, and strategic developers of the most significant tools in their marketplace.”
Earnings call season is upon us! In this episode, Rob and Greg go beyond the headlines and share their early reactions to Zillow and Opendoor’s Q3 reports. With everybody laying off their staff and the market leveling out; why Rob believes some right moves are being made and why Greg believes Q4 and 2023 will be a hunker-down year.
Brokers and agents are leaving money on the table by ignoring rentals. Read RentSpree’s whitepaper on this untapped opportunity in a booming segment of the industry.
“AKMLS members will now have access to a complete transaction management solution as a free member benefit, integrated with the AKMLS system to populate, sign, and complete all forms necessary for their real estate deals.
We’re thrilled to partner with Lone Wolf to bring these solutions to our members,” said Michael Smith, Chief Executive Officer of AKMLS. “Real estate has become increasingly digital, and for years, we have championed the use of technology in the industry. By providing our members with a user- and consumer-friendly way to complete home sales digitally, we’re helping them showcase their expertise in the market.”
With the new enhancements to Authentisign and increased functionality and integration points with TransactionDeskAKMLS members are going to love this solution.
“Restb.ai’s product suite will automate TRREB’s listing input process on its AMP MLS platform by extracting data from listing photos. This process saves users time, provides WCAG & ADA protections for members’ IDX/VOW websites, increases the value and searchability of MLS data by providing advanced image tags, and also provides photo compliance protections for its members. “
What wizardry is this? I think that tagging photos automatically would be a great innovation. Using that data to help with the listing input process is just the tip of the iceberg.
“We are thrilled to welcome these five new customers to CRS Data’s MLS Tax Suite,” said Sara Cooper, executive vice president of the MLS Market. “In everything we do, we strive to give our customers the best in digital property data and robust, intuitive tools that will help them succeed. We are excited about this opportunity to build new relationships and discover fresh ways to elevate the experience for our users.”
5 new customers in the past 6 months is pretty impressive. Congrats CRS.
“Plunk, the first real-time analytics platform for residential real estate, today announced a partnership with The MLS/CLAW, a leading multiple listing service in Southern California and next-generation software company, to provide its 20,000 members with access to real-time and dynamic home valuation tools.”
Rob Hahn and I interviewed David Bluhm (co-founder of Plunk) on our podcast Industry Relations. Plunk has some pretty big goals and while I think nothing beats the eyes, ears, and nose of a good real estate agent when it comes to home valuations Plunk tools may offer supplemental data points to help them in their jobs as real estate agents.
Don’t believe the hype. First off its currently a tropical depression, not a hurricane. Secondly, this thing is moving east. My prediction is this time tomorrow it will be heading to Greenland.
Thank you, next? In another sign that MLS organizations are starting to take control of their own destinies, Katie Smithson has left Zillow and taken a senior position at CRMLS.
CRMLS Appoints Katie Smithson as new Chief Revenue Officer
CHINO HILLS, Calif., November 7, 2022 — On November 15th, California Regional MLS (CRMLS) will welcome their latest executive appointment, Katie Smithson in the role of Chief Revenue Officer (CRO). Smithson is a long-time veteran in the real estate industry with a history of MLS relation management and product innovation. Smithson has been in the real estate industry for 14 years, most recently as Director of MLS Relations for Bridge Interactive with Zillow.
In her new role, Smithson will be directing revenue operations, ensuring proper communication and collaboration between all the revenue-generating departments at CRMLS. She will be charged with improving customer satisfaction, product strategy, and sales performance.
“We’re looking forward to welcoming Katie to the CRMLS Executive Team,” says CRMLS CEO Art Carter. “Her experience is invaluable, and I am confident that she will be a great addition to the company as the MLS industry evolves and CRMLS moves forward as a company. “
“I am excited to join the extremely talented team at CRMLS,” says Smithson. “I’ve worked with them for years and always admired the caliber of leadership, so when this opportunity came along, it only made sense to say yes. I am inspired by the vision CRMLS has and can’t wait to help shape the future of our industry.”
As a vendor in the MLS Industry Smithson has an extensive track record of success in building B2B relationships, increasing returns, and developing product offerings. She has also served as a NAR REACH mentor, a board member for the Council of MLS with a CMLX 1 certification, and RESO Board Secretary.
About California Regional Multiple Listing Service (CRMLS)
California Regional MLS is the nation’s largest and most recognized subscriber- based MLS, dedicated to servicing more than 110,000 real estate professionals from 41 Associations, Boards, and MLS organizations. CRMLS is the industry powerhouse and thrives on providing the most relevant products and services to its subscribers. For more information on CRMLS, visit www.crmls.org.
I had a chance to attend the T3 Tech Summit in Newport Beach, California. A few people have asked me online how the event was so I thought I would do a quick post on my experience.
All in all Jack and team did a great job and would definitely want to attend again.
The event was held a the Vea hotel in Newport Beach, CA. The hotel was recently remodeled beautifully. I believe Marriott still manages the property but it was more of a resort vibe than the old Marriott that stood there. This is a signature of T3 events, where they like to hold them in upscale and sometimes unique properties. The best thing was it was only about 15 minutes from my house. : )
The event kicked off on October 31st with a short keynote presentation and a welcome reception. I think that may have hurt them a bit (along with being just a week before NAR Annual), I had to leave the welcome reception early to go spend Halloween with the kiddos, so I’m sure a lot of people either didn’t attend or arrived the day after due to the conflict.
I really enjoyed the keynote. The speaker was Dr. Ayanna Howard. She was at NASA’s JPL working on the Mars rover and is now Dean at the College of Engineering at Ohio State University. I think this is also a trademark of T3 events, really unique keynote speakers. I sense someone over there is a space nerd too, so loving that thread. Dr. Howard was super smart and spoke about AI.
They had a bunch of other speakers. I really enjoyed Wendy Purvey, President, and COO of Pacific Sothebys International. Wendy has been in real estate for over 30 years and did a great job explaining where brokers’ headspace is at now and how companies selling technology should be approaching them in this market.
I also enjoyed Jimmy Mackin from Curaytor. His presentation about the metrics from high-producing teams and how brokers can win by duplicating Zillow (I’m paraphrasing here) was amazing.
There was also a mix of speakers from T3 Sixty highlighting their services (another staple of T3 events), which feel a bit long, but hey, you gotta pay the bills!
One of the features T3 Sixty was highlighting before the event was the “experience rooms’. Basically these were rooms with large displays. The “experience” part was dependent on the vendor, so they were a bit hit or miss. But I do appreciate T3’s goal of bringing innovation and a new experience to your standard vendor alley (pardon the pun).
They also gave out the “EXHIBIT” design awards for brokerages. They split the country into 3 parts, West, Mid-West, and East Coast. I was less impressed with the choices here. For instance, I don’t care what you show me there is no way Baird & Warner beat out West + Main for best brokerage design.
I loved, loved, loved the “pitch battles”. Three vendors (per product/service segment) got up on stage and had a limited time to pitch their product/service. Then a group of three judges of industry peeps (Sean Wheeler, CTO of Lone Wolf is pictured in the middle seat) gave their feedback and favorite along with audience voting.
I didn’t get a chance to attend day 3 of the conference, the fuel pump in my VW Beatle failed on the way to the event (long story).
During the event I caught Stefan watching intently from about the 4th row, stage right. I can imagine him taking mental notes, and his other thoughts having commanded the stage for so long. I’m sure more than once he would have loved to jump up on the riser himself. But I don’t think you have to worry Stefan. The boys (and girls) are alright.
Thanks again to Jack and Travis and the rest of the T3 Sixty team for their wonderful hospitality and looking forward to next year.