Where Real Estate Gets Its Dirt

Greater San Diego Association of REALTORS AOR sues SANDICOR

Andrea Brambila from Inman NewsRealtor association sues its own MLS, accusing anti-trust violations

“GSDAR also objected to a data-share agreement between Sandicor and CRMLS, also announced Thursday. In the complaint, GSDAR’s attorneys claimed agreement “threatens to destroy and devalue Sandicor’s most valuable asset: its database.”

CRMLS CEO Art Carter told Inman that was not a fair statement.

“The value of the database in CRMLS’s opinion is derived by how many eyeballs can be placed upon that data and from our standpoint a datashare increases the value of the database, not decreases,” he said.

He confirmed that CRMLS and Sandicor have been in merger talks since November 2012, with the most recent meeting taking place this week.

“From CRMLS’s standpoint the enthusiasm in the room seemed to indicate to us that there was a lot of support from their brokerage community in having a merger occur,” Carter said.”

Sounds like GSDAR has be sipping some “cray cray” juice from South Florida.

MLS execs and vendors make Swanepoel Power 200 list of “the most powerful people in residential real estate”.

The Power List of 2016 SP200

“What makes the SP200 unique is that we have integrated in one list (Power 200) all the different types of leaders in the real estate industry, even though they succeed and/or serve in different sectors of our industry. Some have entrepreneurial power or financial strength, some hold high office and have positional power, while others have political clout and some have personal power. We also provide 8 additional lists showcasing the top 20 leaders in each of their respective fields.”

It was great to see so many MLS execs and vendors make the list. I apologize if I missed anyone.

Bob Hale
Dale Ross
David Charron
Chris Bennett
Rich Lull
Errol Samuelson
Paul Levine
Art Carter
Teresa King Kinney
Marty Frame
Jim Harrison
Victor Lund & Marilyn
Merri Jo Cowen
Gregg Larson
Brian Boero & Marc Davison
Rebecca Jensen
Kathy Condon
Michael Wurzer
Denee Evans
Morgan Carey
Mitchell Skinner #200 (yay Mitch!)

Also a personal thank you to Stefan for including me on the list again this year. I’m up 3 notches this year (#196), which means I should be at number one in 65 years. : )

I also thought it was pretty classy to include an “In Memoriam” section which mentioned Andy Rapattoni.

Matrix users top 500,000

Matrix By CoreLogic Exceeds Half a Million Users

““This is a truly momentous milestone,” said Chris Bennett, general manager of Real Estate Solutions for CoreLogic. “Historically, the MLS industry has been fractured by many competing vendors, with no one system able to emerge as the dominant standard. Matrix has changed that.”

The 500,000 figure does not include accounts where Matrix operates in parallel with another multiple listing platform, nor does it include clients in the Matrix implementation queue, which represents more than 100,000 additional users.”

If I had to pick one of the smartest acquisitions in the modern MLS industry CoreLogic buying Tarasoft would have to be one of the top 3. Think about it. Where would CoreLogic be without it? A huge congratulations to Chris Bennett and his team, its easy to see why Chris is receiving many accolades, including being listed on Swanepoel’s POWER 200 of “The Most Powerful People in Residential Real Estate 2016”

MRIS and TREND to combine data feed

MRIS and TREND Announce Combined Real Estate Content Feed

“Last fall, MRIS and TREND announced their intention to consolidate their MLSs to create the next era of MLS that will preserve compensation and cooperation, promote the expansion of an orderly and efficient marketplace and provide brokerage firms greater control of and access to their listing content. MRIS and TREND are starting now to find concrete ways to serve the combined brokerage community. The first product to be delivered will be a new feed with listing content from both MLSs.”

Another blow to the narrative that MLS providers aren’t serving or listening to the needs of their (big) brokers members.

“When brokerages operate across multiple marketplaces, they must aggregate information from multiple data feeds, apply the appropriate display rules for each MLS, and pay redundant technology costs, all in order to have a unified IDX search on their own websites or improve brokerage operations,” said Sandra Troccoli, Director of Information Technology & Website Services for Berkshire Hathaway HomeServices (BHHS) Homesale Realty. “This is a new opportunity that will reduce technology costs and cumbersome management of duplicate feeds. It highlights the importance of MLS consolidation from a technology standpoint.”

Moves like this and CRMLS and MLSListings’ previous announcement are showing that MLS providers can come up with ways to address the concerns of big brokers. But big brokers must make MLS providers part of the solution.

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