Where Real Estate Gets Its Dirt

Looking for a new gig?

MLS Compliance Administrator – Triad MLS

“The MLS Compliance Administrator collaborates with MLS Staff, Association Staff and MLS users on an on-going basis. The primary role of the MLS Compliance Administrator is to ensure the accuracy of the MLS data by administering the MLS rules and Compliance Policy consistently for all MLS users. This position focuses on data accuracy, complete and accurate documentation, adherence to standard procedures, and is responsible for resolving inquires with an exceptional quality of work. The MLS Compliance Administrator is a full-time, hourly, non-exempt position.”

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

#jobboard

Sara Cooper named CRS’ Director of MLS Market

Veteran CRS Data Leader, Sara Cooper, Named Director of the MLS Market

“Over the years Sara has built a customer-first philosophy which has served as a driving force in CRS Data’s sustained growth. In this new role, she will oversee all aspects of the MLS Market, including sales, product, marketing, and customer support while continuing to push the boundaries of the prop tech industry. “

Big congrats to Sara. Always a pleasure to work with and such a great spirit. Her Q&A on the blog post, linked above, is a fun read.

Industry Relations Episode 69: Push Button Real Estate with Brian Boero

Does everything have to be so fast?  Shouldn’t some things take time?  

Especially if it’s the largest purchase/sale of your life?

On this episode of Industry Relations, Rob and Greg sit down with Brian Boero of 1000watt, to discuss his recent blog post, “Pushing Buttons”.  Join this high-level discussion about the future of “push button” real estate.
 
What‘s Discussed: 

The consumer experience with pushing buttons
Redfin’s 400 step process
The genius of Zillow’s “Super App” marketing messaging
Greg talks “Zuber”
Keeping up with the consumer
What does a “better” real estate experience look like?


Connect with Rob & Greg:
 
Rob’s Website 
Greg’s Website 

Resources: 

Brian’s “Pushing Buttons” blog post
1000watt’s website
Amazon’s Day One Philosophy

Our Sponsors: 

Cloud MLX
Notorious VIP

Zillow pivots its business model again!

Investors sue MLS-owned Remine

Investors sue MLS-owned Remine, demand payment for shares

“Three shareholders of real estate software company Remine filed a lawsuit against the company Thursday following its acquisition by four multiple listing services.

The investors — Alexander Atwood, Brian de Schepper, and Jonathan Ferris — are demanding their shares be appraised and that Remine pay fair value for them.

What a shit show.

“Remine, a company that in its short history has been plagued by financial troubles, plunging personnel rolls, and a toxic work environment, is now a subsidiary of MLS Technology Holdings LLC, a joint venture owned by four MLSs, that acquired Remine in October 2021.”

Exactly what valuation would you give a company “plagued by financial troubles, plunging personnel rolls, and a toxic work environment“?

“Before its acquisition, Remine had more than 100 private investors and those shareholders rolled forward into MLS Technology Holdings, according to former Remine CEO Mark Schacknies.“

When do these other guys start popping out of the woodwork? And what if they are successful? Who pays them?

Looking for a new gig?

Technical Support Specialist -dynaConnections

“dynaConnections, an innovative, Austin-based MLS software provider, is looking for an experienced Technical Support Specialist to join our team. The Technical Support Specialist is a mission-critical team member at dynaConnections, who will provide product support and expertise to Customers, and is the first line of contact with the Customer for our robust MLS solution, connectMLS.”

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

#jobboard

See you in Texas!

I’ll be at the Texas REALTORS® Winter Meetings this weekend. I’ll be giving an “Industry Update” at the Technology/MLS Forum on Saturday, Feb. 12 from 2-3pm. The event is being held at the Hyatt Regency in Austin.

I’ll give you 3 guesses of where you can find me otherwise.

Industry Relations Episode 68: Privacy Concerns Around Real Estate Data

Who owns the data associated with a house?

As it stands right now, the listing broker is in control. But what if a buyer doesn’t want a floor plan or 3-D walkthrough of their new home available online? 

There is growing public concern around data privacy in big tech, yet few are talking about how this translates to the real estate industry.

On this episode of Industry Relations, Rob and Greg sit down to discuss the complexities around who owns real estate data, considering whether homeowners should have ownership rights to the data for their property.

They explain the current privacy laws around street photography and explore the expectation of privacy in public records—including MLS databases.

Listen in to understand how privacy policies might impact different players in the real estate space and learn how to think about who should own property data once the SOLD sign goes up.

What‘s Discussed: 

The ruling in the VHT v. Zillow case re: copyright in real estate photography

Who currently owns the data about a house and why it’s such a complex issue

Whether homeowners have ownership rights to the data for their property

The safety concerns associated with making property data available online (for buyers and sellers)

The current laws around photography and privacy

The expectation of privacy around public records and Rob’s take on why the MLS is not a private platform

How Apple’s App Tracking Transparency policy impacts real estate vendors

How privacy policies might affect Compass’ business plan

How we rely on open data to value homes 

How the privacy issues surrounding big tech might translate to real estate

Connect with Rob & Greg:

Rob’s Website

Greg’s Website

Resources: 

Orange County Proptech Mixer

Texas REALTORS Winter Meeting

CoreLogic MLS Executive Workshop

NARPM Broker/Owner Conference and Expo

Rob Hahn on The Tom Ferry Podcast Experience EP160

Nick Conteduca on Industry Relations EP067

VHT v. Zillow

Rob’s Piece on Real Estate Photography & Copyright

Apple’s App Tracking Transparency Policy

Fannie Mae’s Uniform Appraisal Dataset

Drone Laws in Nevada

NFT Your Property with Propy

Our Sponsors: 

Cloud MLX

Notorious VIP

The Avatar vs. The Mustache

From Marian McPherson at Inman News….

Former Keller Williams CEO Mark Willis poised to jump to eXp Realty amid legal dispute

Former Keller Williams CEO Mark Willis is poised to join eXp Realty in an undisclosed executive role, a major revelation from an 11-page bombshell countermotion eXp World Holdings filed on Monday to dissolve Keller Williams’ temporary restraining order against Willis. Willis helped grow the Texas-based behemoth from a regional firm in 1991 to a worldwide force with more than 112,000 at the time of his departure in 2014.

I tweeted about this being a possibility but to be honest the “Mark” I thought was jumping name ended with a “c”, not a “k”.

But the story is still crazy good and has everything. It’s almost like a Greek drama. Student outshining the master. Jealousy. Payback. Grudges. Betrayal. And lots, and lots of money.

Love this tidbit…

“Sanford and Keller’s relationship allegedly turned sour in the early 2000s when Keller reportedly snubbed Sanford, then a top-producing team leader, by not including him in an elite company group. The tension between the two remained in the background until 2018, when Keller dismissed Sanford’s earlier praise of his leadership.

“Love it, great. Good for him,” Keller told Inman Founder Brad Inman onstage. “I don’t care.”

“I’ll show them” has gotta be the single best motivator in anyone’s life.

And this…

“A source familiar with the matter backed up eXp’s claims and told Inman kwx Founder Gary Keller “went ballistic” when Willis, who’d spent 25 years helping KW rise to the top of the industry, said he wanted to sell his interests and join eXp.

Despite Keller’s personal feelings, eXp said Keller Williams’ interference in its recruitment of Willis is a classic case of the pot calling the kettle black, as Keller Williams hired former eXp President of Operations Stacey Onnen on Feb. 4.

Et tu, Willis?

This is going to be fun to watch.

CRMLS and Bright MLS form an alliance

Two Largest Multiple Listing Services in the Country Form Alliance
CRMLS and Bright MLS Collaborate to Advance Residential Real Estate Industry Technology

“To start the collaboration, the two organizations will complete a data share agreement enabling them to explore the power of a larger, shared data set. Soon after, the companies will work to identify ways they can eliminate redundant technologies. Other key projects include exploring an enhanced user experience and a customer-facing website for both organizations.”

At first glance, this seems to be very similar to MLS Aligned organizations which comprise 7 MLS organizations (ARMLS, UtahRealEstate.com, MetroMLS, MLSListings, RMLS, NNRMLS, and Beaches MLS) representing about 150,000 members. Since CRMLS and Bright MLS are the two largest MLS organizations in the country they already represent over 200,000 members.

Having sat on the board of directors for ARMLS I have seen firsthand how these alliances can bear fruit.

Some may ask, “Why not form alliances with MLS organizations that are closer geographically?” The short answer is politics. And in the case of CRMLS and Bright MLS, they have such a large scale to get any real benefit they need to work with someone at the same scale as themselves.

Looking forward to seeing what these two organizations cook up!

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