I’ve been on a bunch of airplanes since NAR Midyear, have I missed anything? ; )
Oh yeah, NAR Board of Directors approved RPR’s new initiative, “RPR Upstream/AMP”. And the world went batshit crazy.
I found the video above and I think it does an excellent job of outlining what RPR is trying to accomplish, so lets start with that. So here’s a few comments and advice.
1. It’s all about the listing input module. Everyone I talk to says this is extremely difficult. You need to nail it. Seems like this type of tech (like most) benefits from years of iteration. Consider looking at existing solutions.
2. Find a way to partner with MLS providers. RPR got a rough start out of the gate because they didn’t want to do any revenue share with MLS providers. That caused some bad blood and brought in a new entrant (Corelogic) to the mix. (I’m not talking about sharing revenue here per se, just the perception of not coming up with any sort of compromise.) Don’t make the same mistake again. Your goal is to aggregate property data from brokers, they’ve (MLS Providers) been doing that successfully for decades already. This is not about “reaching out” to them, your job should be to get them onboard and excited about this new effort. Easy? No. Necessary? Yes. Like it or not, you need their support and expertise.
3. Cut something. What you trying to accomplish is hugely ambitious on its own. Consider either cutting an existing product line or feature set. You are going to need all the bandwidth you can get.
4. Be humble.
“Todd Costigan joins Down Payment Resource as Vice President of Customer Relations. Costigan is responsible for account management of the company’s real estate customers, including Multiple Listing Services (MLS) and Realtor Associations.”
Congrats to Todd and DPR.
The Oklahoma City Metropolitan Association of REALTORS® is looking for a MLS Manager. See this job and more on the Vendor Alley Jobs Board.
Still one of my favorites.
Interesting, if not a little bizarre, read from The Notorious R.O.B. on the much rumored RPR pivot (I think) ….
“The dream of fundamentally improving the MLS technology platform has been one that the industry has talked about for years. We have seen a surge in credit-taking amongst the “thought leaders” within the industry in recent weeks, as RPR has started to shed light on their Advanced Multi-List Platform, aka AMP™. But the concept of a flexible MLS, powered by modern API’s (Application Programming Interface), which allows for flexibility and innovation has been around since at least the mid 2000’s when technology companies like Google, Facebook, and Salesforce debuted the concept of API’s and “mashups”.
As is said, success has many fathers. But in this case, many of those were absentee dads at best. The real story of what is possibly the biggest advance in the MLS industry since the advent of the Internet itself cannot be told without mentioning the central role of SIRMLS.
As I was the author and architect of this overall effort, I know better than most just how valuable SIRMLS and its leadership have been, and remain.”
This might be a little late, but one of things that I was totally impressed with at the T3 Summit in Vegas earlier this month was their T3 Tech Guide. Jack Miller did an excellent job putting this together.
And I know what you are thinking…”Tech guide huh?, isn’t that just a bunch of product ads?” Not this baby, they really did an excellent job really giving each of the products they selected the run down (alas Cloud CMA or Cloud Streams didn’t make the list, maybe next year).
I was also struck at how much the quality of real estate software applications has improved. The guide is over 212 pages and chock full of screen shots and use cases. I also like the product matrix they do to compare core features.
Stefan already had a good business with his yearly “Trends” report and this looks like another winner.
If you were at the T3 Summit you got one for free. If not they have a site up where you can order and see other various events they are doing around the launch.
Check it out at t3techguide.com
“Cloud Streams is a perfect way for agents to stay connected and engaged with their clients” stated The MLS™/CLAW CEO, Annie Ives. “Our members already love Cloud CMA, and know they are going to love Cloud Streams as well,” concluded Ms. Ives.
With the addition of The MLS™/CLAW now over 85,000 members have access to Cloud Streams as a free MLS benefit.”
As an MLS vendor themselves The MLS™/CLAW has found a way to grow in a very competitive environment. A couple years ago they added the Palm Springs Association of REALTORS and more recently the Imperial County Association of REALTORS signed up for their THEMLSPRO(r) system. Even with efforts to bring a statewide MLS system to California. That’s why I call Annie, The Wolf of Rodeo Drive.