Where Real Estate Gets Its Dirt

Can you build a better MLS system in just a week?

paul and JonThey tried!

W&R Studios “Hack Week” Part 2

Rebecca Jensen takes top spot at MRED, LLC

323647MRED Announces Hiring of New President/Chief Executive Officer

“Chicagoland’s multiple listing service (MLS), has announced it has hired Rebecca Jensen to be the new President and Chief Executive Officer (CEO) of MRED.

Rebecca has worked in the MLS industry since 1998, and has been the CEO of the UtahRealEstate.com MLS since 2007. She graduated summa cum laude with a bachelor’s degree in computer science, and has earned an MBA in Technology Commercialization from Westminster College. She sits on the Executive Committee of the COVE MLS Group and also serves on the MLS Policy Committee of the National Association of REALTORS®.”

Wow! Congrats to Rebecca and MRED!

CVR MLS implements new MarketView360 from RBI

press_release_distribution_0399634_86030_1Central Virginia Regional Multiple Listing Service Provides “Killer App” to Real Estate Brokerages with Real Time Business Analytics

“Market View 360 offers up reports on agent and office performance, including productivity numbers on both the buy and sell sides; agent rankings to quickly identify potential recruits; and agent- and office-level details such as average days on market, average days to settlement, average list price, price ratios and a “fell through” metric counting the number of listings that were in contract or contingent status and changed back to active status.”

I love this. I’m not clear whether this was something RBI was always offering as part of their platform or something new. But if implemented correctly I think they have a hit on their hands. Broker’s love this kind of data, but I was aware of anyone else doing this but Terradatum.

press_release_distribution_0399634_86029_1Equally as cool was the hiring of Dr. Elliott Eisenberg as their Chief Economist. I’ve seen Elliot speaks at numerous events. He’s got that rare gift of breaking down complicated issues and making them understandable while being entertaining at the same time. Congrats Dr. Eisenberg and RBI!

Dr. Elliot Eisenberg to be RBI Chief Economist

“”With Dr. Eisenberg’s help, we are turning RBI’s current and MLS-direct data into actionable information that every real estate professional needs to better understand their markets at hyper-local levels. Subscribers to RBI’s SmartCharts Pro service tell us they enjoy a tangible competitive advantage,” said Jon Coile, RBI board chairman and CEO of Champion Real Estate.”

FBS introduces flexmls for Android

FBS has been busy. At NAR in New Orleans they debuted what they call their “Flexmls Mobile Suite”. When I first heard Mike talk about their plans a few months back I thought it was super ambitious. Most MLS vendors had been out-sourcing their mobile development to third party companies. From the beginning FBS wanted full control, and with there Spark API infrastructure they were a unique position actually make that happen. This video does a great job of what showing off that vision.

I happen to think CoreLogic’s acquisition of DoApp and their 17 employees was a direct result of what FBS is implementing.

Yesterday FBS announced their new Flexmls for Android. Below is a quick video.

Based on what I see in this video, and the introduction of what they call “map clusters”, FBS now has the best Android app for MLS systems, period. And I think this is going to be huge. I’m an iPhone guy myself but you can’t argue the fact of what a huge install base Android has.

You can read more about this on their website:

Announcing Flexmls for Android Available January 12 and a New Video Overview of the Flexmls Mobile Suite

Say it loud! Say it proud! The new Vendor Alley T-shirts are here!

VA T-Shirt

These super comfy American Apparel crew T-shirts feature my new flat design Vendor Alley logo and are available for a limited time only!

So don’t delay! Click here to order.

Making the sausage.

Hack WeekLast month we did a “Hack Week” at W&R Studios. We picked two products and had our devs pair up for a week and make something. Then the following Monday they presented their “finished” products. It was super fun! I documented a lot of the process and even recorded their final presentations.

So starting today there is a 4 part series about our “hack week”. The two products we choose were code named, Cloud MLX and Cloud Open House.

The first product, Cloud MLX, is an alternative front-end to an MLS system. Which I thought might be of interest to VA readers. I was really impressed with some of the ideas our team came up with, and I think it will cause a good amount of discussion. I video recorded their final presentation and it will give you a fly on the wall view of how the teams thought about the products.

So head over to Cloud CMA’s blog, “The Lightning Bolt” and check it out. Part 1 is posted today. Part 2 will post tomorrow.

Too clever?

Is my new personalize license plate too clever?

new lp

First one to decipher it (must post to comments section of this post) wins a brand new 2015 Vendor Alley T- Shirt!

Break one, thousand will rise

More cartoonists tomorrow550

#JeSuisCharlie

Via @LucilleCierc

He said, she said.

This post from HousingWire.com is a good one to read to get a better (another?) perspective on the Zillow and ListHub kerfuffle.

Ben Lane at HousingWire.com: Zillow ending listing agreement with Listhub

““ListHub has been negotiating in good faith a new listing distribution and reporting agreement with Zillow on terms that reflect the best interests of the brokerage industry,” Move said in a statement. “As communicated in public announcements, Zillow decided to end those negotiations and announced the launch of their own platform. Zillow chose their own route for their business model and interests.”

It reminds me of a breakup where both parties claim that it was they that broke off the relationship, not the other way around.

Murdoch makes his MOVE.

lord murdoch

Shit just got real.

ListHub, a subsidary of MOVE, Inc now owned by Rupert Murdoch’s News Corp just announced that starting in April they will stop sending listings to Zillow. Now this could just be a lot of saber rattling. But me thinks it might be real.

The topic/idea/theory of ListHub shutting down feeds to Zillow may seem familiar to Vendor Alley readers.

Back at the NAR Midyear meetings I got a chance to interview Steve Berkowitz, then CEO of MOVE. He stated that it would be “batshit crazy” to shut down ListHub to spite realtor.com competitors.

I guess Rupert Murdoch has been called worse. 2015 is starting off with a bang!

Inman News has an excelent post on this story so quit being a cheapskate and get a Select membership already!

Rupert Murdoch playing hardball with Zillow

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