Where Real Estate Gets Its Dirt

Craig Rowe of Inman News says MLS providers should stay in their lane

The 6 tech trends that defined real estate in 2021

“Many of the nation’s multiple listing services are now rebounding with attempts to develop and deliver technology for their members instead of seeking the best possible options in the open market.

Beyond it not being their core competency, building software isn’t easy, cheap or a one-time thing.

There’s simply no way for MLSs to create a system, continually support it and offer training and help to thousands of members (in some cases, tens of thousands) without significantly raising fees, which it will need to do in order to hire more experienced technology professionals, including expensive engineers and developers.”

Inman News

This matches what I hear from a lot of vendors: Remember when all the big franchisors and real estate brokers announced they were “technology companies”, not real estate companies. How’s that working out?

He goes on to cite the vetting process most MLS providers follow.

“How can this not further complicate how due diligence on other products is handled, especially when they provide comparable services? Thus, does it best serve members, or the politics and public image of their organization?

It’s also hypocritical, specifically in any case where an MLS has refused to partner with a vendor for fear of that vendor being acquired.”

Inman

He said it, not me. 😇

Looking for a new gig? [Correction]

CTO – Client of T3 Sixty

“T3 Sixty, a management consulting company in the residential real estate industry, has a client who is looking for an experienced Chief Technology Officer. The company for this position is a national real estate brokerage or franchisor.

The Chief Technology Officer is responsible for collaborating to enable innovation, identify technology opportunities and enhance the business transformation. This role will set and implement the technology strategy of the company in alignment with the overall corporate strategy, market development and franchise network needs.”

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

[UPDATE: This job posting was T3 Sixty looking for a CTO for a client of theirs, not a CTO of the company T3 Sixty itself. Sorry for the confusion.]

RESO Directors Announced

RESO Unveils 2022 Board of Directors, Executive Committee Leaders

“The real estate industry is well represented by this group, which includes:

Rebecca Jensen, MRED; Michael Wurzer, FBS; John Breault, State-Wide MLS; and Richard Renton, Triad MLS; Todd Carpenter, NAR; Jason Normandin, NAR; Matt Cohen, CoreLogic; Bob Evans, Move, Inc.; and Mark Lesswing, T3 Sixty; Turan Tekin, Zillow Group; Andy Woolley, Homes.com; Chris Carrillo, Metro MLS; Shayne Fairley, Stellar MLS; and Frank Major, Bright MLS; Marty Reed, CRMLS; Bill Fowler, Compass; Dan Troup, RE/MAX; Caitlin McCrory, Realogy; and Jeff Young, RPR.

Via The WAV Group

Congrats to everyone and thank you for helping push the industry forward.

Looking for a new gig?

CTO – Client of T3 Sixty

“T3 Sixty, a management consulting company in the residential real estate industry, has a client who is looking for an experienced Chief Technology Officer. The company for this position is a national real estate brokerage or franchisor.

The Chief Technology Officer is responsible for collaborating to enable innovation, identify technology opportunities and enhance the business transformation. This role will set and implement the technology strategy of the company in alignment with the overall corporate strategy, market development and franchise network needs.”

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

[UPDATE: This job posting was T3 Sixty looking for a CTO for a client of theirs, not a CTO of the company T3 Sixty itself. Sorry for the confusion.]

CRMLS launches new venture fund

California Regional MLS launches venture fund, invests in Perchwell

“We’ve been able to meet their expectations by working with technology providers in the same way other MLSs do. However, the massive investments in the real estate technology space over the past two years have meant that expectations are much higher from both our users and the consumers they work with. Not only has the quality of products increased, but outside interests – including competing ones – are gaining greater control over the technology our users engage with most.”

Super bold move by CRMLS and their board of directors. Perchwell is super interesting. Maybe they can succeed where others (🦒) have failed.

Venture Capital is a numbers game, you have to spread a lot of money over several companies and hope one of them (at least) makes it big. You can’t put all your eggs in one basket. So I’m really curious about the other companies CRMLS is looking at currently into. I might even have a few recommendations.

Vendor Alley 2021 Holiday Gift Guide

It’s that time of year again! Here are some great gift ideas for your favorite vendor in your life!

12′ 3 outlet extension cable

12 ft 3 Outlet Extension Cord. I don’t know about you but I always seem to find myself too far away from a wall outlet. Whether to charge my phone in a hotel room or my laptop when doing a presentation at a hotel suite. Rather than a bulky 6 outlet strip with only a 3-foot cable, I like to carry a twelve-foot cable with 3 outlets. It’s a lifesaver. You can get them almost anywhere. Here’s one from HomeDepot.

PlugBug Slim

Speaking of chargers, don’t you hate it when your big bulky charger outlet won’t fit behind the bedside table at home or on the road? Me too. So check this out. Perfect to throw in your carry-on bag. PlugBug Slim from Twelve South.

I love these phone mounts from Stage Ninja. They are great for holding your phone or tablet. I use them in my ’59 VW Bus (since it lacks a radio). But I found it so useful I bought a couple more. Great for long FaceTime convos with Mom or Grandma.

Stage Ninja

I know what you are going to say, $649 for a freaking carry-on suitcase. Yeah, yeah, I know. But god-damn the Briggs and Riley 22″ is a great spinner. So stop pulling your old Skyway carry on, forget the Away, ditch the last bag you bought a Costco and treat yo self!

Briggs and Riley DOMESTIC 22″ CARRY-ON EXPANDABLE SPINNER
Apple MacBook Pro

Leave that dongle in your pants. Apple’s new MacBook Pros bring back some of your favorite ports. So if you are due a refresh of your laptop and your CAPEX budget can handle it, get one! Magsafe, HDMI, and SSD ports, and with the super-fast M1 PRO and M1 MAX chipset you’ll be updating those excel sheets in no time. What’s not to love? The 14″ model would be my travel-friendly jam. How else are you gonna hit those crazy quotas?

The Art of the CMA

And what Vendor Alley Holiday Gift Guide would be complete without a book recommendation. And this year it’s easy, The Art of the CMA, by yours truly. Order today and I’ll even personalize and autograph it. Also free shipping. And did I mention that quantity discounts are available? Click here to start your order.

Join us on Clubhouse tomorrow at 3PM PT!

Hopefully, by giving everyone 24 hours notice we can get a lot of voices to join us on Clubhouse tomorrow. It starts at 3PM PT. We’ve got a lot to catch up on. Zillow, Better.com, NFTs, Lions, Tigers and Bears! See you there!

Santa Fe Assn. of REALTORS goes all-in with CoreLogic

Santa Fe Association of REALTORS® Switches to CoreLogic Real Estate Solutions

“CoreLogic has the solutions and vision to help our members thrive in today’s real estate market,” said SFAR CEO Paco Arguello. “Their listing management and public record platforms set the standard for the industry, and they continue to innovate with new offerings like OneHome. CoreLogic’s outstanding data-enabled solutions will help SFAR meet the evolving needs of the New Mexico real estate market, its homeowners and the professionals who serve them.”

Congrats to Santa Fe AOR and CoreLogic.

Did I mention…

Did I mention that I will personalize each copy of my book if you order soon? Quantity discounts are available. A perfect gift for the favorite REALTOR in your life!

Order in time for the holidays! = > The Art of the CMA

Trendsetter: Brian Donnellan

HW 2021 Tech Trendsetter: Brian Donnellan

“Brian Donnellan has not only played a major role in the industry’s largest MLS merger to date, but also has been an advocate of moving Bright MLS forward by sourcing and launching upgraded and innovative tools and resources with new methods of subscriber training and support.”

Congrats Brian!

Sponsored By MLS Reset