Episodi
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What do Willie Nelson and keeping real estate agents safe have in common? You will have to listen to this great conversation with Tether RE founder Scott Martin to find out.
Did you know that in 2020 60,000 real estate agents reported being victims of assault, sexual abuse, robbery or were murdered in the US? In 2023 over 75,000 real estate agents reported being victim of a crime. And there are a ton of more incidents that go unreported.
In this wide ranging conversation with Scott Martin, a serial entrepreneur, we talk about where the idea came from, and the journey that got Scott here. Trust me, it's a wild ride!
Join us for fun and entertaining conversation.
Reach Out:
Connect with Scott
Check out Tether RE
Our Sponsor:
Trackxi â Real Estateâs #1 Deal Tracker
Production and editing services by:
Sunbound Studios
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I hope you enjoy this great conversation with the co-founders of HĆM, Jeff Zakrzewski and Nhan Vo.
In a wide ranging conversation we discuss their orgin story. Where they came up for the idea of their app and the struggles of going to market with a real estate software solution.
If you are new vendor getting in to the space, an MLS exec, or franchisor professional its worth a listen.
HĆM is a well designed app that is doing a lot of interesting things with data and collaboration with some great people behind it.
Join us!
Find out more about the HĆM experience
homagent.com | myhom.ai
Reach Out:
Connect with Jeff
Connect with Vo
Our Sponsor:
Trackxi - Real Estate's #1 Deal Tracker
Production and editing services by:
Sunbound Studios
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Episodi mancanti?
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"Hotel California", is one of the phrases people attribute to the organized real estate industry, "you can can check-out any time you like, but you can never leave". Kelly Robinson is an industry pioneer in that she co-founded a software company, Realty Plus Online, that created one of the first web-based MLS systems. In my conversation with Kelly we talked about the old days, her journey, and what brings her back to organized real estate game. It's a fun conversation between old friends and talks about the challenges of the MLS vendor business.
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The verdict against NAR in the Sitzer lawsuit has organized real estate up in arms.
But Michael Lissack thinks the decision is the best thing to happen to the industry in 100 years.
In fact, he sees the trade association as a criminal enterprise with little value beyond MLS access.
Michael is Managing Broker for The Virtual Realty Group, a 100% commission brokerage that operates in 12 states.
On this episode of Listing Bits, Michael joins Greg to discuss the real issue behind the lawsuits against NAR and describe what he would do to make buyerâs agent commission negotiable.
Michael explains why itâs necessary to decouple the MLS from NAR membership and how that would likely lead to bankruptcy for the trade association.
Listen in for Michaelâs provocative take on why associations donât deserve a way forward in a world where MLS access is open to anyone with a real estate license.
WhatâsâŻDiscussed:âŻ
The real issue behind the lawsuits against NAR and several real estate brokerages
What Michael would do to make buyerâs agent commission negotiable
Why the DOJ takes issue with mandatory membership in NAR for MLS access
How decoupling the MLS from NAR would impact everyday REALTORS
What decoupling the MLS from NAR membership would do to the trade association (and what NAR might do to demonstrate its value and rebuild)
What it would take to decouple local, state and NAR membership
Why Michael believes a real estate license should be the only requirement for MLS access
Running MLSs as not-for-profit organizations vs. for-profit entities
Gregâs thoughts on providing a way forward for associations by compensating them for the work of building the MLS
Why bankruptcy might be apt for associations who donât provide value beyond MLS access
Connect with Michael Lissack:
Michael.Travel
Michael on LinkedIn
Resources:
Sitzer v. NAR
Michaelâs LinkedIn Post
Our Sponsors:
Trackxi
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In 2020 Ben knew they needed to make a change. So he went to the Black Knight board and made a pitch, âgive me the resources to build a modern MLS systemâ. To his surprise, they said yes. Now, 3 years later, that dream has been realized.
His dream was a mobile-first MLS platform that understands the history of how MLS platforms operate but offers a modern user experience.
Thatâs exactly what Ben Graboske and Lucie Fortier are working on, and their new product, Paragon Connect, is ready for its close up.
Ben is President of Data & Analytics and Lucie is Executive Vice President of MLS Solutions at Intercontinental Exchange or ICE, the financial services firm that bought Black Knight in September 2023.
On this episode of Listing Bits, Ben and Lucie join Greg to discuss ICEâs history of digitizing complex transactions and explain why its acquisition of Black Knight makes sense.
Lucie shares her motivation for joining the team at Intercontinental Exchange, and Ben describes how ICEâs resources benefit his department in the development of Paragon Connect.
Listen in to understand what differentiates Paragon Connect from other MLS vendors and learn how it simplifies the agent experience by providing an entire MLS platform on both a responsive and native app.
WhatâsâŻDiscussed:âŻ
ICEâs history of digitizing complicated transactions and why its acquisition of Black Knight makes sense
How being an MLS vendor supports ICEâs vision for making mortgages easier
Lucieâs journey to joining the ICE team and how technology drives her career decisions
What features differentiate Paragon Connect from other MLS vendors
Why Benâs team decided not to change Paragonâs name (despite offering an entirely new experience)
How Paragon Connect provides an entire MLS platform in a native app experience
The talented team of designers behind Paragon Connect
How Benâs team benefits from ICEâs data assets and information security
Lucieâs approach to transitioning existing users to Paragon Connect
How Paragon is introducing a consumer app in Q1 of 2024
Why the rules around marketing to members need to change in an MLS system-of-choice model
What makes Paragon Connect âthe MLS platform of the futureâ
Connect with Ben Graboske & Lucie Fortier:
Intercontinental ExchangeBen on LinkedIn
Lucie on LinkedIn
Email [email protected]
Resources:
ICE Acquisition of Black KnightParagon Connect Demo
Damien Huze on Listing Bits EP85
Paragon Connect on Vendor Alley
Our Sponsors:
Trackxi -
Listing Bits EP085: A Less, But Better Approach to Real Estate Software Design â with Damien Huze of Lone Wolf Technologies
Among Dieter Ramsâ Ten Principles of Design is the idea that good design is as little design as possible.
Less, but better.
And Damien Huze believes that the next evolution of real estate software will apply this concept, offering fewer high-quality apps that work together in a fluid system.
Damien is Senior Design Manager and Principal Designer at Lone Wolf Technologies, a software company working to build an end-to-end solution for real estate.
Damien served as Chief Design Officer at W+R studios before the Lone Wolf acquisition, and he is responsible for the design of Cloud CMA, one of the most popular apps in real estate.
On this episode of Listing Bits, Damien explains how making design a priority benefits companies building web-based apps and why he defines design as a skill aimed at problem-solving.
Damien describes how Lone Wolf is working to combine the tools of proptech into a single streamlined experience and shares his teamâs user-centric approach to the problem of simplifying real estate.
Listen in for insight on the power of relentless focus and learn about Damienâs vision for designing real estate software that delivers more with less.
WhatâsâŻDiscussed:âŻ
What Damien learned from growing up with creative parents who immigrated to the US
How making design a priority benefits companies building web-based apps (and why so few do it)
How Damien thinks about design as a skill aimed at problem-solving
What Lone Wolf is doing to bring several real estate apps together in a single end-to-end solution
Why Damien believes the next evolution in real estate software is âless but betterâ
Lone Wolfâs upcoming announcement at the T3 Technology Summit
What it means for good software to have an opinion vs. being too flexible or customizable
How Damienâs team brings a user-centric, design thinking approach to simplifying real estate
Greg and Damienâs take on the advantage of simple tools that get the job done
The well-designed product thatâs had the biggest impact on Damienâs life
Why relentless focus boosts productivity and how Damien applies that tenet to design
Connect with Damien Huze:
Lone Wolf Technologies
Damien on X
Damien on LinkedIn
Resources:
Dieter Ramsâ 10 Principles of Good Design
T3 Technology Summit
Starlink
FaceTime on Apple TV
Elon Musk by Walter Isaacson
Our Sponsors:
Trackxi
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In 2021, Vijay Gopalswamyâs real estate business was growing like gangbusters. And at one point, he had 32 active transactions.
Which meant Vijay was spending every morning with his team, going over each transaction and asking, âDid you send this? Did you follow up with that? Did this contract get signed?â
But when he looked at the âtransaction managementâ software on the market, Vijay realized that it was built for brokerages, not agents.
So, he set out to solve his own problem.
Vijay is Cofounder and CEO of Trackxi, a deal tracking software platform that helps agents visualize the next step in each transaction and provides full transparency for the consumer.
On this episode of Listing Bits, Vijay discusses his successful career in mechanical engineering and explains how he became an accidental real estate agent.
Vijay describes what differentiates Trackxi from other transaction management solutions and how it serves teams, transaction coordinators and new agents.
Listen in for insight around the visual nature of Trackxiâs tracking system and find out how the app can help you demonstrate your value prop with clients and grow your real estate business!
WhatâsâŻDiscussed:âŻ
How Vijay moved to the US to pursue his Masterâs in mechanical engineering
Vijayâs successful 20-year career in engineering, finance and sales with Daimler
How Vijay became an accidental real estate agent
How the challenge of managing 32 open transactions inspired Vijay to build Trackxi
The advantage of a dedicated app that does one or two things well
Why Trackxi is a deal tracking software platform (vs. transaction management tool)
What differentiates Trackxi from other transaction management tools
How Trackxi serves teams, transaction coordinators and new agents
How Trackxiâs tracking system provides transparency around the agentâs value
How Trackxiâs visual dashboard delivers a State of the Union of an agentâs business
What to expect from Trackxiâs hands-on onboarding process
Connect with Vijay Gopalswamy:
Trackxi
Email [email protected]
Vijay on LinkedIn
Resources:
Trackxi Review in Inman
The Close Picks for Best Transaction Management Software for 2023
Our Sponsors:
Trackxi
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MLSs and associations face an issue Nick Gough refers to as RDR, an acronym for REALTORS donât read.
So, what can these organizations do to communicate more effectively with the members they serve?
Nick is Founder and CEO at NoteRouter, the all-in-one email and texting platform designed to help organized real estate achieve record-high member engagement.
On this episode of Listing Bits, Nick shares his experience in leadership of associations and MLSs, explaining how it drove him to build NoteRouter.
Nick describes how NoteRouter helps users write content that connects with REALTORS individually and discusses why the presentation of your message matters as much as the value you provide.
Listen in for Nickâs insight on leveraging influencer marketing to reach more REALTORS and learn how to humanize your outreach by focusing on the real pains your members face.
WhatâsâŻDiscussed:âŻ
Why Nick dropped out of college and became a real estate agent at 18
Nickâs experience in leadership of associations and MLSs and how it drove him to build NoteRouter
How NoteRouter solves the problem of member engagement
Using email and text outreach to help associations and MLSs connect with the people they serve
How NoteRouter helps users write content that connects with REALTORS individually
Why presentation matters just as much as the value you provide
NoteRouterâs expertise in outbound communication through email service and telecom providers
Why NoteRouter is designed around the principle of permission-based marketing
Why itâs crucial for MLSs and associations to learn influencer marketing
The relationship between email open rates and subject lines
The benefit of humanizing your outreach and focusing on real pains members face
How the latest MLS outage impacted Nick and the team at NoteRouter
Connect with Nick Gough:
NoteRouter
Nick on LinkedIn
Email [email protected]
Resources:
Seth Godin
The Tipping Point: How Little Things Can Make a Big Difference by Malcom Gladwell
Our Sponsor:
Cloud CMA for Brokers
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Teams are the future of real estate. And one proptech vendor is capitalizing on this trend by helping team leaders run an effective business.
Whatâs more, most of the teams on his platform double their business every yearâeven in the current market.
Brian Charlesworth is Founder and CEO of Sisu, an end-to-end real estate platform for teams that streamlines the transaction process, bringing all REALTORS, vendors and clients together.
On this episode of Listing Bits, Brian shares his background in technology and explains how helping his wife build her real estate team inspired the creation of Sisu.
Brian discusses the coaching Sisu offers to help team leaders scale their business and describes how the platform changes the culture of a real estate team.
Listen in to understand how the Sisu client portal works like a âpizza trackerâ and get Brianâs advice for other proptech vendors on building for real estate teams.
WhatâsâŻDiscussed:âŻ
Sisuâs function as an end-to-end real estate platform for teams
How Brianâs commitment to help his wife build her real estate team inspired the creation of Sisu
The coaching Sisu offers to help team leaders run an effective business
Why Brian believes teams are the future of real estate
What proptech vendors should consider in building for teams
Using the Sisu dashboard to track a teamâs progress (e.g.: sales, potential revenue, etc.)
How Sisu integrates with CRMs and other platforms to streamline and automate real estate transactions
How Sisu changes the culture of a real estate team
Why most teams on Sisu double their business every yearâeven in the current market
How the Sisu client portal works like a âpizza trackerâ
What Sisu is doing to make sure clients work with the same real estate professionals for years to come
Brianâs advice to proptech vendors on understanding how agents think
What real estate companies can do to solve for agent retention
Connect with Brian Charlesworth:
Sisu
Brian on Instagram
Resources:
Sisu Mastery
Side
PLACE
Our Sponsor:
Cloud CMA for Brokers
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Two years ago, NAR policy was updated to give brokers and agents attribution rights, meaning they get to decide how they appear in listings.
But Homes.com employs a âyour listing, your leadâ model, displaying the listing agentâs contact information.
So, does this comply with NARâs attribution policy? And what else do we need to think about as companies like Zillow and Homes.com switch to IDX?
On this episode of Listing Bits, Michael Wurzer, CEO of real estate software company FBS, Greg Fischer, Owner of indie brokerage West + Main, and Andy Woolley, VP of Industry Development at Homes.com, join us to consider how âyour listing, your leadâ jives with NARâs IDX attribution policy.
Andy explains how âyour listing, your leadâ differs from the referral model used on other sites, and Greg asks what is changing at Homes.com now that itâs a participant in the MLS.
Listen in for Michaelâs insight on the repercussions on policy that come with mixing different use cases for data feeds and find out why itâs important for MLSs to develop a standard way for national portals like Homes.com to license data.
WhatâsâŻDiscussed:âŻ
How NAR IDX policy changed to give brokers and agents attribution rights
Whether Homes.comâs âyour listing, your leadâ model complies with NARâs attribution policy
Why most brokers arenât using the âattribution sourceâ field in RESOâs data dictionary
Homes.comâs decision to display the listing agentâs contact information
Why Homes.com made the switch from its original MLS feeds to IDX
What is changing at Homes.com now that itâs a participant in the MLS vs. a media publisher
The potential repercussions on policy that come with mixing use cases for data feeds
What differentiates Homes.comâs âyour listing, your leadâ from the referral model used on other sites
How Homes.com allows buyerâs agents to protect their relationships on the site
How showing a listing agent on a lead placard compares to seeing their name on a yard sign
The challenge Homes.com faces when it comes to agent responsiveness
Why itâs crucial for MLSs to create a standard way for national portals to license data
Connect with Michael Wurzer:
Michael at FBS
Michael on Twitter
Connect with Greg Fischer:
West + Main
Greg on Twitter
Connect with Andy Woolley:
Homes.com
Andy on Twitter
Resources:
Gregâs Twitter Thread on Your Listing, Your Lead
NARâs IDX Policy
RESO Data Dictionary
Homesnap Pro
Our Sponsor:
Cloud CMA for Brokers
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Lauren Martin began her career in the fashion industry to be among powerful women.
But when she transitioned to proptech, she realized that real estate is the true pinnacle of girl power. And yet, women are not always represented in leadership.
So, when she landed her current role as Senior Account Director of Partnerships at RentSpree, Lauren approached her CEO about creating RENEW, the Real Estate Network for Empowered Women, an initiative that seeks to connect and champion female professionals across all sectors of the industry nationwide.
On this episode of Listing Bits, Lauren shares her journey from the fashion industry to proptech, describing how what she learned in fashion translates to real estate.
Lauren discusses her role at RentSpree, explaining how the platform partners with MLSs and other proptech companies to streamline the rental processâin a way that serves real estate agents and renters.
Listen in for insight on what inspired Lauren to build RENEW and learn how you can get involved in her initiative to elevate women in real estate!
WhatâsâŻDiscussed:âŻ
How Lauren was poached from a catering company to work in sales at Remine
What Lauren learned in the fashion industry that translates to real estate and proptech
Laurenâs insight on approaching uncomfortable conversations with humor
Laurenâs experiences working with MLS professionals who champion each other
How RentSpree partners with MLSs and proptech companies to streamline the rental process
The revenue sharing model at RentSpree and how MLSs benefit from it
How REALTORS benefit from building relationships with renters early in their housing journey
Laurenâs role handling both MLS and proptech partnerships at RentSpree
Laurenâs best travel hacks for real estate professionals
What inspired Lauren to start the RENEW initiative to elevate women in real estate
Connect with Lauren:
RentSpree
Lauren on LinkedIn
Email [email protected]
RENEW Initiative
The RENEW Podcast by RentSpree
Resources:
Remine
Project Runway
Vendor Alley
SentriLock
Rent the Runway
Teresa King Kinney & Liz Sturrock on The RENEW Podcast EP001
Betsy Hanson of Markt on Listing Bits EP078
Our Sponsor:
Cloud CMA for Brokers
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From a vendorâs perspective, small MLSs are the most challenging to work with. And thatâs no surprise, seeing as how they have fewer resources than the big players in the space.
So, how do we support MLSs with fewer than 400 members in keeping up with NAR rules, for example? Is there a way MLSs might share marketing, support and compliance services in a way that makes the market work better for all involved?
Betsy Hanson is General Manager and General Counsel at Markt, a multi-MLS service organization focused on pooling resources and expertise to serve MLSs, brokers and agents.
On this episode of Listing Bits, Betsy shares her journey from executive assistant at a small association to her current role at Markt, describing how she avoids the attorneyâs reputation as the Department of No.
Betsy offers her take on what organized real estate is missing about the life and times of an ordinary REALTOR, why the average agent doesnât understand the lawsuits facing the industry, and how those lawsuits might change the way we do things moving forward.
Listen in to understand how Markt works as an MLS back-office provider and learn how Betsy and her team are uniquely positioned to help MLSs of all sizes with local market delivery.
WhatâsâŻDiscussed:âŻ
Betsyâs journey from executive assistant at a small association to General Counsel at Markt
What differentiates the role of executive assistant from that of chief of staff
How Betsy avoids the attorneyâs reputation as the Department of No
Betsyâs experience teaching English in China between undergrad and law school
What organized real estate is missing about the life and times of an ordinary REALTOR
Why the average REALTOR-on-the-street doesnât know about the lawsuits facing the industry
How public perception of REALTORS remains positive despite lawsuits around compensation
Betsyâs predictions re: how the lawsuits facing organized real estate might play out
How Markt began as a way for MLSs to pool support resources and create efficiencies
Marktâs potential to solve the challenge small MLSs face in keeping up with NAR rules
Connect with Betsy:
Markt
Email [email protected]
Resources:
Notorious ROB
Industry Relations Podcast
Turn On by 1000watt
Our Sponsor:
Cloud CMA for Brokers
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Most showing management software aggregates data. But how useful is it to get a report at the end of the month?
What if the data was presented in a way that helped agents answer seller questions in real time and make informed choices based on the numbers?
Wes Hartman is CEO of Showingly, a showing management solution that uses data and analytics to guide better decision-making.
On this episode of Listing Bits, Wes walks us through the key metrics Showingly looks at to drive pricing decisions and marketing strategy for a property.
Wes explains how Showingly is aggregating showing, offer and closed data to determine the best day and time to list a home and explores what simple things a seller can adjust to secure more showings.
Listen in to understand how the desire for choice might impact the future of showing management software and find out if Showinglyâs approach is right for your brokerage or MLS.
WhatâsâŻDiscussed:âŻ
Wesâ background as an aspiring fighter pilot, professional cyclist, real estate agent and tech vendor
How Showinglyâs use of data to guide decision-making differentiates it from other showing management solutions
The key metrics Showingly looks at to drive pricing decisions and marketing strategy for a property
What Wesâ team is doing to get honest feedback on a property (and why thatâs such a challenge)
How Showingly uses showing, offer and closed data to determine the best day and time to list a home
How sellers might adjust pricing and Open House hours to get more showings
Wesâ take on the future of showing management software
Showing Hubâs solution to the demand for choice in showing management software
Why Wes is focused on building relationships with brokerages, MLSs and other showing management providers
How Wes thinks about MLSs building their own showing solutions and why competition drives innovation
Connect with Wes:
Showingly
Email [email protected]
Resources:
ShowingTime
Showing Hub
TourZazz
Our Sponsor:
Cloud CMA for Brokers
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A solid fan base is what makes a rock band successful, and itâs no different for real estate professionals.
But most of us focus on the individual transaction and miss an opportunity to build long-term relationships with our existing clients and turn them into raving fans.
And that means missed opportunities for referrals and repeat business.
Rivers Pearce is CMO of Milestones, a homeowner management platform that helps agents and lenders turn single transactions into forever clients.
On this episode of Listing Bits, Rivers shares his background as a touring musician and transition to proptech, discussing how he built the lead generation department at BoomTown.
Rivers explains why agents should market themselves as a trusted advisor for all things home and explores how real estate professionals benefit from referring business to home service professionals and other local businesses.
Listen in for Riversâ insight on nurturing relationships with your existing database and learn how Milestones can help you provide the kind of value that turns one-off clients into lifelong fans!
WhatâsâŻDiscussed:âŻ
Riversâ background as a touring musician and how he transitioned to proptech
How the skills Rivers developed as a performer translate to real estate and proptech
Riversâ experience in building the lead gen department at BoomTown
How the way proptech supports real estate agents with lead gen has evolved over time
How Rivers thinks about using sphere of influence vs. portal aggregation to generate business
The opportunity to build relationships with homeowners that most REALTORS miss
Why agents should market themselves as a trusted advisor for all things home
The benefit of referring business to home service professionals and other local businesses
How Milestones functions as a homeowner management platform for agents
How Milestones creates a custom maintenance plan for homeowners
How Milestones helps REALTORS nurture relationships with their existing database
Connect with Rivers:
Milestones
Rivers on LinkedIn
Rivers on Twitter
Rivers on Instagram
Email [email protected] or [email protected] for a 3-month free trial
Resources:
BoomTown
Mark Davison on Listing Bits EP042
Curaytor
CallAction
Agent Legend
Drew Meyers of Geek Estate
Tom Ferry
Our Sponsor:
Cloud CMA for Brokers
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Listing Bits is back!
If your role in real estate involves sales demos or any kind of training, youâre likely familiar with the frustration of delivering the same webinar over and over again.
Or worse, preparing a webinar that is either poorly attended or no one shows up.
But what if you could do 100 or even 1,000 webinars a monthâwithout getting in front of a camera?
Melissa Kwan is Cofounder and CEO of eWebinar, a platform that saves people from repeatedly delivering the same webinar by turning videos into automated, interactive webinars.
Prior to eWebinar, Melissa founded and successfully exited the real estate tech startup Spacio, a check-in app for open houses.
On this episode of Listing Bits, Melissa shares her journey as a proptech entrepreneur, describing how she developed her mad sales skills and why she was ready for a new challenge after Spacio.
Melissa discusses how her experience with onboarding and training for Spacio inspired the creation of eWebinar and explains what differentiates the platform from Zoom, YouTube videos and webinar replays.
Listen in for insight around Melissaâs intentional approach to life and learn how your real estate business might leverage eWebinar to get your time back and spend it on things you enjoy!
WhatâsâŻDiscussed:âŻ
The initial idea for Spacio and how it evolved into a check-in app for open houses
How Melissa developed her hustle and sales ability out of necessity
Melissaâs successful exit from Spacio after 4 years of running the business
The real estate leadership dinner that launched Melissaâs career as an entrepreneur
What differentiates eWebinar from YouTube, Zoom and webinar replays
How Melissaâs experience with training for Spacio inspired the creation of eWebinar
How brokerages and real estate teams are using eWebinar to qualify leads
The benefit of using eWebinar in terms of video quality and availability of content
eWebinarâs use cases for sales demos, onboarding and training
How Melissa runs eWebinar to reflect her work less, enjoy more philosophy of life
Connect with Melissa:
eWebinar
Melissa on LinkedIn
ProfitLed Podcast
Resources:
Spacio
Inman Connect
Gregâs Post on Melissa in Vendor Alley
Pocket
SAP
HomeSpotter
The 4-Hour Workweek by Timothy Ferriss
Our Sponsor:
Cloud CMA for Brokers
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NARâs MLS Policy Statement 8.6 goes into effect on September 1, 2022.
So, what tools are available to make the implementation of the new One Data Source Policy easier for MLSs?
Katie Smithson is Director of MLS Relations at Zillow Group, where she leads the team building their MLS data licensing and distribution platform, Bridge Interactive. Prior to joining Zillow, she spent eight years with W+R Studios as Director of Enterprise Sales and Director of MLS Services.
On this episode of Listing Bits, Katie walks us through Policy Statement 8.6, explaining what problems the mandate does solve and why itâs a problem to provide vendors and brokers with data in a single feed.
Katie discusses the Bridge platformâs current functionality and describes the new feature her team is developing to help MLSs implement 8.6, the One Data Source Solution.
Listen in to understand how MLSs can use Bridge to auto-approve certain vendor agreements and find out if the One Data Source Solution is right for you.
WhatâsâŻDiscussed:âŻ
How MLS Policy Statement 8.6 requires that MLSs offer participants data in a single feed
The security issue with leaving it up to brokers and vendors to know what data can be used in a VOW, IDX or back-office feed
What problems the new One Data Source Policy does solve
How the Bridge platform alleviates pain points around data distribution for MLSs
What differentiates the Bridge platform from CoreLogicâs Trestle
How Katie thinks about asking MLS boards to give Zillow their data (and pay for the service)
How Bridge gives MLSs a simple way to combine existing data feeds for members
The benefit of adding field-specific tags to MLS metadata via the Bridge One Data Source Solution
How MLSs can use Bridge to auto-approve certain vendors or certain types of data access agreements
Connect with Katie:
Bridge Interactive
Katie on Twitter
Katie on LinkedIn
Email: katiesm [at] zillowgroup [dot] com
Resources:
MLS Policy Statement 8.6
CMLS Implementation GuideâOne Data Source Policy 8.6
Lone Wolf Technologies
Trestle by CoreLogic
Marilyn Wilsonâs TSA Pre-Check Concept
Inman Connect Las Vegas 2022
Our Sponsor:
Cloud CMA for Brokers
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What if it was easy for an MLS to raise money to develop the data services it needs and run the software its customers use?
Colette Stevenson is CEO of REsides, the premier MLS in South Carolina. Formerly known as Hilton Head MLS, REsides serves REALTORS who represent properties in both South Carolina and Georgia, maintaining the most dependable and powerful data in the marketplace.
On this episode of Listing Bits, Colette shares the story of the rebrand from Hilton Head MLS to REsides, explaining what differentiates her teamâs vision from that of the average MLS.
Colette describes how REsides is developing a new business model to address the challenge of raising capital for software development and discusses why sheâs open to collaborating with MLSs anywhere in the US.
Listen in to understand Coletteâs disciplined way of thinking about potential changes to cooperation and compensationâand learn how REsides is empowering agents and brokers with data in a way that keeps the industry at the center of the real estate transaction.
WhatâsâŻDiscussed:âŻ
How Coletteâs background in the ticketing industry informs her work at REsides
What REsides is doing to keep the industry at the center of the real estate transaction
The story of the rebrand from Hilton Head MLS to REsides
What differentiates REsidesâ vision from that of the average MLS (and how being small benefits Coletteâs team)
Where buyers in the Hilton Head market come from and why Colette is open to collaborating with MLSs anywhere in the US
How REsides is developing a new business model to address the challenge of raising capital for software development
Coletteâs take on what keeps MLSs from making bold moves (and how REsides is overcoming it)
Coletteâs disciplined way of thinking about potential changes to cooperation and compensation
REsidesâ mission to empower agents and brokers with data
Connect with Colette:
REsides
Colette on LinkedIn
Resources:
âAtlantaâs No. 1 Broker Bought Homes for Big Investors From 600 Miles Awayâ in The Wall Street Journal
Our Sponsor:
Cloud CMA for Brokers
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Approximately 8 million appraisals were conducted in the US last year. By contrast, there are only 40,000 active real estate appraisers. So, it's no surprise that Fannie Mae and Freddie Mac are exploring appraisal modernization initiatives like the desktop appraisal option.
But to make these alternatives to the traditional appraisal work, we need data in the form of an accurate floor plan. And we need it at scale.
Jeff Allen is EVP of Innovation Labs Clear Capital, a leading property valuation tech company, and President of CubiCasa, an easy-to-use app for automating the creation of real estate floor plans. On this episode of Listing Bits, Jeff explains how the barrier to entry to become an appraiser has sparked a total transformation of the industry.
He discusses his work helping GSEs test alternatives to the traditional appraisal, describing why floor plans are an essential part of âbringing the house to the appraiserâ and how he discovered the CubiCasa technology that automates the process. Listen in for Jeffâs insight on the copyright dispute over real estate floor plans and learn how to support the creative partnerships necessary for CubiCasa to scale.
WhatâsâŻDiscussed:âŻ
How Clear Capital serves large financial institutions in the realm of property valuation
How the barrier to entry to become an appraiser has sparked a total transformation of the industry
Jeffâs work helping GSEs test alternatives to the full traditional appraisal
Why floor plans are essential in âbringing the house to the appraiserâ
How Jeff discovered the CubiCasa tech for automating floor plans and how it works
The creative partnerships necessary for CubiCasa to achieve scale (e.g.: real estate photographers)
How the desktop appraisal option supports CubiCasaâs efforts to scale
The other major appraisal modernization initiatives coming from Fannie and Freddie
Jeffâs take on the current copyright dispute over real estate floor plans
Connect with Jeff:
CubiCasa
Email: jeff [at] cubicasa [dot] com
Jeff on LinkedIn
Clear Capital
Resources:
10K Research and Marketing
Appraisal Subcommittee
Dodd-Frank
Desktop Appraisals
Vendor Alley
FloPlan App
Gregâs Post on FloPlan
Copyright Dispute Over Real Estate Floor Plans
Designworks Homes v. Columbia House of Brokers Realty
CMLSâs Amicus Brief on the Floor Plan Copyright Dispute
NARâs Amicus Brief on the Floor Plan Copyright Dispute
Our Sponsor:
Cloud CMA for Brokers
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