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	<title>Vendor Alley &#187; Broker</title>
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	<description>Where Real Estate Gets Its Dirt.</description>
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		<title>When REN?</title>
		<link>http://www.vendoralley.com/2012/01/19/when-ren/</link>
		<comments>http://www.vendoralley.com/2012/01/19/when-ren/#comments</comments>
		<pubDate>Thu, 19 Jan 2012 16:02:04 +0000</pubDate>
		<dc:creator>Greg Robertson</dc:creator>
				<category><![CDATA[Broker]]></category>
		<category><![CDATA[Buzz]]></category>
		<category><![CDATA[Franchise]]></category>
		<category><![CDATA[Franchisor]]></category>
		<category><![CDATA[IDX]]></category>
		<category><![CDATA[Listing Syndication]]></category>
		<category><![CDATA[MLS]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[Opinion]]></category>

		<guid isPermaLink="false">http://www.vendoralley.com/?p=7241</guid>
		<description><![CDATA[TweetA few things have been written about MOVE&#8217;s latest announcement on the creation of the &#8220;Real Estate Network&#8221; (REN). MOVE&#8217;s says REN will &#8220;extend the syndication of property listings to highly trafficked websites operate by real estate franchisors and brokerage networks.&#8221; I have to say I think this is a brilliant strategy on MOVE&#8217;s part. [...]]]></description>
			<content:encoded><![CDATA[<div id="tweetbutton7241" class="tw_button" style=""><a href="http://twitter.com/share?url=http%3A%2F%2Fwww.vendoralley.com%2F2012%2F01%2F19%2Fwhen-ren%2F&amp;via=vendoralley&amp;text=When%20REN%3F&amp;related=&amp;lang=en&amp;count=horizontal&amp;counturl=http%3A%2F%2Fwww.vendoralley.com%2F2012%2F01%2F19%2Fwhen-ren%2F" class="twitter-share-button"  style="width:55px;height:22px;background:transparent url('http://www.vendoralley.com/wp-content/plugins/wp-tweet-button/tweetn.png') no-repeat  0 0;text-align:left;text-indent:-9999px;display:block;">Tweet</a></div><p>A <a href="http://waves.wavgroup.com/2012/01/17/how-listhubs-real-estate-network-works/">few things</a> have been <a href="http://waves.wavgroup.com/2012/01/11/move-launches-the-real-estate-network-for-franchises/">written</a> about MOVE&#8217;s latest <a href="http://news.move.com/index.php?s=11609&#038;item=106898">announcement</a> on the creation of the &#8220;<strong>Real Estate Network</strong>&#8221; (<strong>REN</strong>).  MOVE&#8217;s  says REN will &#8220;extend the syndication of property listings to highly trafficked websites operate by real estate franchisors and brokerage networks.&#8221;  </p>
<p>I have to say I think this is a brilliant strategy on MOVE&#8217;s part.  Here&#8217;s why:</p>
<p>1.  <strong>Zillow</strong> and <strong>Trulia</strong> have already proven quantity (and quality for that matter) of listing data isn&#8217;t necessary to operate a highly trafficked real estate portal.</p>
<p>2.  This further hedges MOVE&#8217;s position. MOVE currently depends upon its agreement with the <strong>National Association of REALTORS (NAR)</strong> for listings and does not run a national IDX network.</p>
<p>The big question is &#8220;who cares?&#8221;   So I&#8217;m going to focus on a few tipping points that would cause a Franchisor or brokerage network to implement a REN feed on their respective websites.</p>
<p><strong>1.  SEO benefits</strong><br />
I think this is the weakest case.  Most Franchisors running sophisticated IDX networks from vendors like <strong><a href="http://corporate.homes.com/enterprise/">Homes Media Solution</a></strong>s (formerly <strong><a href="http://www.eneighborhoods.com/">eNeighborhoods</a></strong>) and <strong><a href="http://realestatedigital.com/">RED</a></strong> (formerly <strong>LPS Real Estate Group</strong>) have already figured out how to maximize SEO benefits using a platform designed to be a launching site for a &#8220;network of broker idx sites&#8221;.</p>
<p><strong>2.  Cost</strong><br />
This is a big factor.  As I&#8217;ve stated Zillow and Trulia have already proven quantity of listings doesn&#8217;t matter.  Aggregating MLS data from multiple sources managing all those different display rules and paying those MLS fees have a huge cost associated with it.  What if <strong>RE/MAX</strong> is paying their IDX vendor $70,000 per month and MOVE is offering REN for $7,000 per month.  Is it possible that a company like RE/MAX might opt to save the money?  Maybe.</p>
<p><strong>3.  The MLS Two Step</strong><br />
This is also a potential decision point.  Lets say that a particular MLS provider, for the purposes of this example the <strong>Houston Associaiton of REALTORS (HAR)</strong> has made is very difficult to display listings from their MLS.  The Franchisor always has to jump thru a few extra more hoops when dealing with HAR.  Will some Franchisors be willing to forego not having all Houston listings as long was they don&#8217;t have to talk to <strong>Sam Scott </strong>anymore?  Maybe  :  )</p>
<p><strong>4.  Filling the gaps</strong><br />
The REN might be a great way for new and exisiting  Franchisors to supplement coverage in areas where they don&#8217;t have a Franchisee yet.  According to the rules they would still need a license in the state, but thats relatively easy.  This makes <strong>Realty Executives</strong> participation as a charter member of REN a little clearer.</p>
<p><strong>5.  Exposure.</strong><br />
Search traffic to real estate portals is still heavily brand related.  Long tail searches are a relative minor piece to the equation.  It was announced recently that <strong>Century 21</strong> is <a href="http://www.nytimes.com/2012/01/19/business/media/for-super-bowl-xlvi-more-first-time-advertisers.html">running a <strong>Super Bowl</strong> ad</a> on February 5th.  Depending on when REN would be implemented<strong> how ironic would it be when Realty Executives announced to their agents that all their listings would be advertised  during the Super Bowl.   Pass the chips!</strong></p>
<p>In a way MOVE, with the announcement of REN, has changed the conversation away from IDX (something they are very weak in) to Syndication (something they are very strong in).  </p>
<p>“If you know the enemy and know yourself, you need not fear the result of a hundred battles. If you know yourself but not the enemy, for every victory gained you will also suffer a defeat. If you know neither the enemy nor yourself, you will succumb in every battle”<br />
― <em>Sun Tzu, The Art of War, Special Edition</em></p>
<p><strong>Smart <a href="http://www.move.com/">MOVE</a>.</strong></p>
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		<title>Redfin CEO, Glenn Kelman shows us all how its done.</title>
		<link>http://www.vendoralley.com/2011/12/23/redfin-ceo-glenn-kelman-shows-us-all-how-its-done/</link>
		<comments>http://www.vendoralley.com/2011/12/23/redfin-ceo-glenn-kelman-shows-us-all-how-its-done/#comments</comments>
		<pubDate>Fri, 23 Dec 2011 17:27:56 +0000</pubDate>
		<dc:creator>Greg Robertson</dc:creator>
				<category><![CDATA[Broker]]></category>

		<guid isPermaLink="false">http://www.vendoralley.com/?p=7174</guid>
		<description><![CDATA[Tweet Glenn Kelman, CEO of Redfin, wrote a blog post entitled &#8220;SOPA Witch-Hunters, Count Me Out&#8221; and then just hours later entirely retracted the whole blog post. ‘More Crow, Please’ &#8220;But I was still wrong about whether the boycott was a violation or a shining example of free speech. It’s a shining example. If you [...]]]></description>
			<content:encoded><![CDATA[<div id="tweetbutton7174" class="tw_button" style=""><a href="http://twitter.com/share?url=http%3A%2F%2Fwww.vendoralley.com%2F2011%2F12%2F23%2Fredfin-ceo-glenn-kelman-shows-us-all-how-its-done%2F&amp;via=vendoralley&amp;text=Redfin%20CEO%2C%20Glenn%20Kelman%20shows%20us%20all%20how%20its%20done.&amp;related=&amp;lang=en&amp;count=horizontal&amp;counturl=http%3A%2F%2Fwww.vendoralley.com%2F2011%2F12%2F23%2Fredfin-ceo-glenn-kelman-shows-us-all-how-its-done%2F" class="twitter-share-button"  style="width:55px;height:22px;background:transparent url('http://www.vendoralley.com/wp-content/plugins/wp-tweet-button/tweetn.png') no-repeat  0 0;text-align:left;text-indent:-9999px;display:block;">Tweet</a></div><p><a href="http://www.vendoralley.com/wp-content/uploads/2011/12/glennkelman.png"><img src="http://www.vendoralley.com/wp-content/uploads/2011/12/glennkelman.png" alt="" title="glennkelman" width="200" height="221" class="alignnone size-full wp-image-7175" /></a></p>
<p><strong>Glenn Kelman</strong>, CEO of <strong>Redfin,</strong> wrote a blog post entitled &#8220;<a href="http://blog.redfin.com/blog/2011/12/sopa_witch-hunters_please_count_me_out.html">SOPA Witch-Hunters, Count Me Out</a>&#8221; and then just hours later entirely retracted the whole blog post.</p>
<p><a href="http://blog.redfin.com/blog/2011/12/more_crow_please.html">‘More Crow, Please’</a></p>
<blockquote>
<p>&#8220;But I was still wrong about whether the boycott was a violation or a shining example of free speech. It’s a shining example. If you have ever gotten into an argument in which you hoped your unassailable logic would slay the will to live of the other side, please print this blog post out. My will to live has been slain for the moment, and I can’t delete it so I just have to eat it.&#8221;</p>
</blockquote>
<p><strong>In this post Glenn is so utterly brave, beautifully human and damn inspiring.</strong></p>
]]></content:encoded>
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		<title>Speaking of listing syndication&#8230;</title>
		<link>http://www.vendoralley.com/2011/12/20/speaking-of-listing-syndication/</link>
		<comments>http://www.vendoralley.com/2011/12/20/speaking-of-listing-syndication/#comments</comments>
		<pubDate>Tue, 20 Dec 2011 17:02:24 +0000</pubDate>
		<dc:creator>Greg Robertson</dc:creator>
				<category><![CDATA[Broker]]></category>
		<category><![CDATA[Franchise]]></category>
		<category><![CDATA[Listing Syndication]]></category>
		<category><![CDATA[MLS]]></category>
		<category><![CDATA[News]]></category>

		<guid isPermaLink="false">http://www.vendoralley.com/?p=7077</guid>
		<description><![CDATA[TweetI sent this post out to Vendor Alley Private Newsletters subscribers last week but thought it was worth a re-post today. I&#8217;ve been reading a few interesting perspectives on listing syndication. Here&#8217;s the first one: ‘Think Before You Syndicate’ Jon Colie, President of Champion Realty &#8211; Guest posting on MRIS&#8216; blog, REsource If you think [...]]]></description>
			<content:encoded><![CDATA[<div id="tweetbutton7077" class="tw_button" style=""><a href="http://twitter.com/share?url=http%3A%2F%2Fwww.vendoralley.com%2F2011%2F12%2F20%2Fspeaking-of-listing-syndication%2F&amp;via=vendoralley&amp;text=Speaking%20of%20listing%20syndication%26%238230%3B&amp;related=&amp;lang=en&amp;count=horizontal&amp;counturl=http%3A%2F%2Fwww.vendoralley.com%2F2011%2F12%2F20%2Fspeaking-of-listing-syndication%2F" class="twitter-share-button"  style="width:55px;height:22px;background:transparent url('http://www.vendoralley.com/wp-content/plugins/wp-tweet-button/tweetn.png') no-repeat  0 0;text-align:left;text-indent:-9999px;display:block;">Tweet</a></div><p>I sent this post out to <a href="http://www.vendoralley.com/private-newsletter/">Vendor Alley Private Newsletters</a> subscribers last week but thought it was worth a re-post today.</p>
<p><strong>I&#8217;ve been reading a few interesting perspectives on listing syndication.</strong></p>
<p>Here&#8217;s the first one:</p>
<p><a href="http://mrisblog.com/2011/12/think-before-you-syndicate/">‘Think Before You Syndicate’</a></p>
<p><strong>Jon Colie</strong>, President of <strong>Champion Realty</strong> &#8211; Guest posting on <strong>MRIS</strong>&#8216; blog, REsource</p>
<blockquote>
<p>If you think about it, a national aggregator selling agents leads off of a website becomes less about the quality of the listing database and far more about the quantity. More listings mean more “eye candy” thus more opportunities to sell agent placement.</p>
</blockquote>
<p><strong>Champion Realty is a <strong>HomeServices</strong> Company, natch!</strong></p>
<p>And the second comes from a comment made on a <strong>Vendor Alley </strong>post about <a href="http://www.vendoralley.com/2011/12/06/brookfield-residential-acquires-prudential-real-estate-and-relocation-services/"><strong>Brookfield</strong> acquiring <strong>Prudential</strong></a>:</p>
<p><strong>Brad Blumberg</strong>, <strong>Smarter Agent</strong></p>
<blockquote>
<p>Am I the only one who finds it amazing that the entire real estate relo and franchisor business of Prudential just sold for $110 million, and Zillow Market Cap on that day was over $600 million. Has the value of the real estate purchase shifted to the aggregators at the expense of the value of real estate brokerage businesses. Think Edina realty, when they pulled listings from Trulia, was thinking about creating local value in their brand instead of adding value to the aggregators?</p>
</blockquote>
<p><strong>Smart!<br />
</strong></p>
]]></content:encoded>
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		<item>
		<title>HomeServices to stop syndicating listings?</title>
		<link>http://www.vendoralley.com/2011/11/17/homeservices-to-stop-syndicating-listings/</link>
		<comments>http://www.vendoralley.com/2011/11/17/homeservices-to-stop-syndicating-listings/#comments</comments>
		<pubDate>Fri, 18 Nov 2011 07:17:06 +0000</pubDate>
		<dc:creator>Greg Robertson</dc:creator>
				<category><![CDATA[Broker]]></category>
		<category><![CDATA[Buzz]]></category>
		<category><![CDATA[IDX]]></category>
		<category><![CDATA[Real Estate Portal]]></category>
		<category><![CDATA[Rumor]]></category>

		<guid isPermaLink="false">http://www.vendoralley.com/?p=6973</guid>
		<description><![CDATA[TweetThe shit just hit the fan&#8230; Twitter was all a&#8230;twitter, I guess when Craig Kamman posted that Edina Realty (owned by HomeServices of America) was going to pull their listings from Trulia and other &#8220;3rd party aggregators&#8221; and possibly Realtor.com. The post is worth a read: Edina Realty discontinues 3rd Party Sites like Trulia and [...]]]></description>
			<content:encoded><![CDATA[<div id="tweetbutton6973" class="tw_button" style=""><a href="http://twitter.com/share?url=http%3A%2F%2Fwww.vendoralley.com%2F2011%2F11%2F17%2Fhomeservices-to-stop-syndicating-listings%2F&amp;via=vendoralley&amp;text=HomeServices%20to%20stop%20syndicating%20listings%3F&amp;related=&amp;lang=en&amp;count=horizontal&amp;counturl=http%3A%2F%2Fwww.vendoralley.com%2F2011%2F11%2F17%2Fhomeservices-to-stop-syndicating-listings%2F" class="twitter-share-button"  style="width:55px;height:22px;background:transparent url('http://www.vendoralley.com/wp-content/plugins/wp-tweet-button/tweetn.png') no-repeat  0 0;text-align:left;text-indent:-9999px;display:block;">Tweet</a></div><p><strong>The shit just hit the fan&#8230;</strong></p>
<p>Twitter was all a&#8230;<em>twitter</em>, I guess when <strong>Craig Kamman</strong> posted that <strong>Edina Realty</strong> (owned by <strong>HomeServices of America</strong>) was going to pull their listings from <strong>Trulia</strong> and other &#8220;3rd party aggregators&#8221; and possibly <strong>Realtor.com</strong>.  The post is worth a read:</p>
<p><a href="http://www.craigkamman.com/2011/11/15/edina-realty-discontinues-3rd-party-sites-like-trulia-and-realtor-com/">Edina Realty discontinues 3rd Party Sites like Trulia and Realtor.com</a></p>
<p>This was followed by a blog post by <strong>Jay Thompson</strong> who had his own take on the news, where he imagines a conversation between an seller and his agent:</p>
<p><strong>&#8220;So Mr. Agent, you’ll put our home listing on the internet, won’t you?</strong></p>
<p><em>Well, it will be on our brokerage site, but we’ve elected not to put your listing on some of the most highly visited real estate sites in the country.</em></p>
<p><strong>Uhm, why is that?</strong></p>
<p><em>Well, we want to be sure our agents get the leads your home listing generates. And those meanies at the third party site want to charge for them!</em></p>
<p><strong>Uhm, isn’t the point to sell our home, not generate leads for you and other agents?&#8221;</strong></p>
<p><strong>Obviously Jay doesn&#8217;t think it&#8217;s a good idea:</strong><em></p>
<p><a href="http://www.phoenixrealestateguy.com/edina-realty-pulling-listings-from-trulia-and-realtor-com/">Edina Realty pulling listings from Trulia and Realtor.com?</a></p>
<p>Then <strong>Rob Hahn</strong> went <strong>&#8220;Oliver Stone&#8221;</strong> or got &#8220;stoned&#8221; at one of California&#8217;s many <a href="http://laweedmap.net/">marijuana dispensaries</a> while he was out here for the 2011 NAR Convention in Anaheim.  And I quote:</p>
<p>&#8220;There is, I believe, a real chance that in the next three to six months, we will see the splintering of the foundation of the industry: the MLS and the Associations. The world that comes next, a world without the Multiple Listing Service, will be one filled with unintended consequences.&#8221;</p>
<p>After reading Rob&#8217;s post I don&#8217;t know whether to hug my kids or ask him to pass the bong, because that is some good shit he&#8217;s smoking.</p>
<p>All kidding aside, I may be just whistling through the graveyard so his post is worth the read:</p>
<p><a href="http://www.notorious-rob.com/2011/11/17/extinction-event-horizon-real-estate/">Extinction Event Horizon: Real Estate</a></p>
<p><strong>This story is developing&#8230;</strong></p>
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		<title>The 2011 Vendor Alley Awards</title>
		<link>http://www.vendoralley.com/2011/11/07/the-2011-vendor-alley-awards/</link>
		<comments>http://www.vendoralley.com/2011/11/07/the-2011-vendor-alley-awards/#comments</comments>
		<pubDate>Tue, 08 Nov 2011 06:26:18 +0000</pubDate>
		<dc:creator>Greg Robertson</dc:creator>
				<category><![CDATA[Broker]]></category>
		<category><![CDATA[Buzz]]></category>
		<category><![CDATA[CMLS]]></category>
		<category><![CDATA[Events]]></category>
		<category><![CDATA[Franchise]]></category>
		<category><![CDATA[Love]]></category>
		<category><![CDATA[MLS]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[Opinion]]></category>
		<category><![CDATA[Real Estate Portal]]></category>
		<category><![CDATA[RPR]]></category>
		<category><![CDATA[Trade Shows & Events]]></category>

		<guid isPermaLink="false">http://www.vendoralley.com/?p=6928</guid>
		<description><![CDATA[TweetIt&#8217;s just about the time of year when you start reading &#8220;top 10&#8243; lists of 2011. I thought I would start a new tradition here at Vendor Alley and rattle off my choices for top companies and people in the real estate industry for 2011. I call them &#8220;The Vendys&#8221;. 1. The &#8220;Bob Hale&#8221; Award [...]]]></description>
			<content:encoded><![CDATA[<div id="tweetbutton6928" class="tw_button" style=""><a href="http://twitter.com/share?url=http%3A%2F%2Fwww.vendoralley.com%2F2011%2F11%2F07%2Fthe-2011-vendor-alley-awards%2F&amp;via=vendoralley&amp;text=The%202011%20Vendor%20Alley%20Awards&amp;related=&amp;lang=en&amp;count=horizontal&amp;counturl=http%3A%2F%2Fwww.vendoralley.com%2F2011%2F11%2F07%2Fthe-2011-vendor-alley-awards%2F" class="twitter-share-button"  style="width:55px;height:22px;background:transparent url('http://www.vendoralley.com/wp-content/plugins/wp-tweet-button/tweetn.png') no-repeat  0 0;text-align:left;text-indent:-9999px;display:block;">Tweet</a></div><p><strong>It&#8217;s just about the time of year when you start reading &#8220;top 10&#8243; lists of 2011.  I thought I would start a new tradition here at Vendor Alley and rattle off my choices for top companies and people in the real estate industry for 2011.</p>
<p>I call them &#8220;The Vendys&#8221;.<br />
</strong></p>
<p>1.  <strong>The &#8220;Bob Hale&#8221; Award </strong><br />
The reason I call this the &#8220;Bob Hale&#8221; award is that it seems Bob is listed every year as one of the top influencer/innovators in the industry.  So think of it as &#8220;besides Bob&#8221;, who really made a difference this year in the real estate industry.  :  )</p>
<p>And the winner is&#8230;.<strong><a href="http://councilofmls.com/leadership-officers-2/">Merri Jo Cowen</a></strong></p>
<p>I&#8217;ve been a part of <strong>CMLS</strong> for many, many years and while other board presidents have set the stage for CMLS to take a larger role in the MLS community Merri Jo has been the catalyst to make those goals happen.  It&#8217;s been a pleasure to have a front row seat to how CMLS has changed over the years and Merri Jo has been a huge part of that success.</p>
<p>2.  <strong>Best new real estate technology/product. -<a href="http://www.nest.com/">Nest</a></strong><br />
What happens with the inventor of the <strong>iPod</strong> focuses his attention on real estate?     Magic.</p>
<p>Runner up-  I have to say that I really love <a href="http://www.vendoralley.com/2011/04/29/the-science-and-art-of-realtor-coms-new-ipad-app/">Realtor.com&#8217;s iPad app</a>.</p>
<p>3.  <strong>Top MLS Provider.  &#8211;  MRED, LLC</strong><br />
All you need to do is take a look at the <a href="http://pressroom.prlog.org/mredllc/">pressroom of MRED, LLC</a> to see the transformation happening at MRED.</p>
<p>4.  <strong>Top MLS Vendor &#8211; TIED: LPS and CoreLogic.</strong><br />
My basis for this was the <strong>CIVIX</strong> lawsuit.  While I believe NAR painted themselves in to a corner with the settlement it was these two MLS vendors who stepped up and wrote the really big checks.</p>
<p>5.  <strong>Top Real Estate Portal &#8211; <a href="http://www.zillow.com/">Zillow</a></strong><br />
Their spectacular IPO and recent acquisition of <strong><a href="http://www.diversesolutions.com/">Diverse Solutions</a></strong> only shows they are here to stay and poised to dominate.</p>
<p>6.  <strong>Best new real estate vendor.  &#8211; <a href="http://goomzee.com/">Goomzee</a></strong><br />
I&#8217;ve had many discussions with their CEO, <strong>Mike Sparr</strong>, and he is one of the new players that &#8220;gets it&#8221;.</p>
<p>7.  <strong>Top company to watch  &#8211; <a href="http://www.realestatedigital.com/">RED</a> -Real Estate Digital</strong><br />
After a bold management buy-out, these guys are just getting started.</p>
<p>8.  <strong>Most improved company &#8211; <a href="http://www.inman.com/">Inman News</a></strong><br />
The conferences are better, their site is better, <strong>Agent Reboot</strong>, <strong>InmanNext</strong>, the list goes on and on.  <strong>Tim</strong>, <strong>Alice</strong>, <strong>Chris</strong>, and <strong>Katie</strong> and the rest of the team has done a spectacular job and can&#8217;t wait to see what&#8217;s next.</p>
<p>9.  <strong>Best industry blog &#8211; <a href="http://www.inman.com/">1000watt Blog</a></strong><br />
If I can&#8217;t pick VendorAlley.com then 1000watt Consulting gets my vote.  <strong>Brian</strong>, <strong>Marc</strong> and <strong>Joel</strong>, offer equal doses of spot on analysis and inspiration all wrapped up in a beautifully atheistic and great writing.</p>
<p>10  <strong>Best company blog &#8211; <a href="http://blog.narrpr.com/">RPR</a></strong><br />
While I have been known to <a href="http://www.vendoralley.com/2011/10/27/inside-the-rpr-bunker/">poke some fun at these guys</a> you can&#8217;t argue what a great job they do with their blog.  One small quibble, I can&#8217;t view videos on my iPad.  </p>
<p>11.  <strong>Top MLS Provider CEO &#8211; <a href="http://www.vendoralley.com/2011/08/19/crmls-takes-over-socalmls-to-form-largest-mls-in-country/">Art Carter</a></strong><br />
Art Carter turned the fiasco that was <strong>California Association of REALTORS</strong> failed state-wide MLS  effort (<strong>calREDD</strong>) into in the the largest MLS in country.  I don&#8217;t think he&#8217;s done yet.</p>
<p>12.  <strong>Best Industry Conference.  &#8211; <a href="http://cmls.org">CMLS</a></strong><br />
Like with all my picks I&#8217;m a little biased but CMLS&#8217; annual conference keeps getting bigger <em>and</em> better.</p>
<p>13.  <strong>Best Real Estate Franchise &#8211; Keller Williams.</strong><br />
Sure their <a href="http://kw.com">consumer facing website sucks</a> but in the world of real estate franchisors its all about agent count and these guys are winning.</p>
<p><strong>Well that&#8217;s it. Am I a &#8220;kiss ass&#8221;, &#8220;spot on&#8221;, &#8220;not even close&#8221;?  What say you?</strong></p>
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		<title>SoCalMLS</title>
		<link>http://www.vendoralley.com/2011/09/05/socalmls/</link>
		<comments>http://www.vendoralley.com/2011/09/05/socalmls/#comments</comments>
		<pubDate>Mon, 05 Sep 2011 19:14:36 +0000</pubDate>
		<dc:creator>Greg Robertson</dc:creator>
				<category><![CDATA[Broker]]></category>
		<category><![CDATA[Love]]></category>
		<category><![CDATA[MLS]]></category>
		<category><![CDATA[News]]></category>

		<guid isPermaLink="false">http://www.vendoralley.com/?p=6627</guid>
		<description><![CDATA[TweetAlong with a lot of other vendors I got the email last week. &#8220;Effective immediately we ask that you no longer use the SoCalMLS logo, name , disclaimer etc. I have attached the disclaimer that should be used from this point forward.&#8221; My first thought, oddly enough, was about the SoCalMLS logo. From a design [...]]]></description>
			<content:encoded><![CDATA[<div id="tweetbutton6627" class="tw_button" style=""><a href="http://twitter.com/share?url=http%3A%2F%2Fwww.vendoralley.com%2F2011%2F09%2F05%2Fsocalmls%2F&amp;via=vendoralley&amp;text=SoCalMLS&amp;related=&amp;lang=en&amp;count=horizontal&amp;counturl=http%3A%2F%2Fwww.vendoralley.com%2F2011%2F09%2F05%2Fsocalmls%2F" class="twitter-share-button"  style="width:55px;height:22px;background:transparent url('http://www.vendoralley.com/wp-content/plugins/wp-tweet-button/tweetn.png') no-repeat  0 0;text-align:left;text-indent:-9999px;display:block;">Tweet</a></div><p><a href="http://www.vendoralley.com/wp-content/uploads/2011/09/socalmls-logo.jpeg"><img src="http://www.vendoralley.com/wp-content/uploads/2011/09/socalmls-logo.jpeg" alt="" title="socalmls-logo" width="252" height="234" class="alignleft size-full wp-image-6630" /></a><strong>Along with a lot of other vendors I got the email last week.  </p>
<p>&#8220;Effective immediately we ask that you no longer use the SoCalMLS logo, name , disclaimer etc. I have attached the disclaimer that should be used from this point forward.&#8221;</strong></p>
<p>My first thought, oddly enough, was about the <strong>SoCalMLS </strong>logo.  From a design perspective I always liked the SoCalMLS logo. It has a badge type feel to it because its vertical not horizontal.  Simple sans serif font, use of negative  space, and good ole red, white and blue.  I have other favorites, like <a href="http://www.ntreis.net/">this</a> and <a href="http://www.mibor.com/">this</a>, but the SoCalMLS logo represented my hometown sports team.  </p>
<p><div id="attachment_6634" class="wp-caption alignleft" style="width: 310px"><a href="http://www.vendoralley.com/wp-content/uploads/2011/09/darth-vader-luke.jpeg"><img src="http://www.vendoralley.com/wp-content/uploads/2011/09/darth-vader-luke-300x224.jpg" alt="" title="darth-vader-luke" width="300" height="224" class="size-medium wp-image-6634" /></a><p class="wp-caption-text">You&#039;re Not My Father!!</p></div><strong>My second thought was about the fact that without SoCalMLS I wouldn&#8217;t be here.</strong>  That&#8217;s right you can blame <strong>Russ Bergeron</strong> for my real estate technology career (ponder that for a while!)  Putting aside any Luke and Vader references SoCalMLS (or <strong>OCMLS </strong>as it was called back then) started out as a rival to my first software company <strong>IRIS</strong> and our software product, <strong>Lightning</strong>.  Back in the day Orange County spilt in two.  You had one half converted to the <strong>COMPASS MLS </strong>system (<strong>Moore Data</strong>) and the half, OCMLS, switched to <strong>Stellar </strong>(<strong>PRC</strong>).  This was pre-internet (hell pre-Windows!) days.  Realtors doing business in the area would have to purchase two different software program, StellarView and Viewpoint (both DOS based) to access each MLS.  Our product, Lightning, was compatible with both.  Needless to say, we sold a ton of Lightning, much to the chagrin of OCMLS.   In fact one of my favorite moments was listening to reps at a OCMLS trade show booth correcting Realtor, after Realtor that the MLS system was called &#8220;Stellar&#8221;, not &#8220;Lightning&#8221;.  Priceless.</p>
<p>As I traveled SoCalMLS was always the benchmark I gauged every other MLS Provider against.  And it was a hard one to match.  SoCalMLS was the first to put MLS listings on the internet (a feat that earned Russ the <strong>Inman Innovator Award</strong>).  SoCalMLS was always out in front trying new technologies including on of the first web-based MLS systems.  But mostly SoCalMLS was just fun to watch.  You never knew what Russ and his team had up their sleeve next and when they did something they usually went big.  Which reminds me of another story…</p>
<p><strong>January 2004, 2004</strong></p>
<p>How do you covert 26,000 MLS members to a new MLS system?  Russ was asked this question and here what he said.</p>
<p>&#8220;We asked ourselves.  What&#8217;s the most efficient and effective way to get the job done, and the answer was: Train everyone at once.&#8221; &#8211; Russ Bergeron.</p>
<p>What did that mean?  It meant <a href="http://realtytimes.com/rtpages/20040109_socalmls.htm">renting out the local sports arena</a>, then known as the <strong>Arrowhead Pond of Anaheim</strong> (now the <strong>Honda Center</strong>, where the NHL&#8217;s <strong>Anaheim Ducks</strong> play) and having two sessions (one morning, one afternoon) and train &#8220;everyone at once&#8221;.  Like some awesome rock concert I can say, I WAS THERE.  Looking back I wish they made t-shirts so I could point to physical proof on my MLS street cred. </p>
<p>That&#8217;s how SoCalMLS rolled, that&#8217;s why they were fun to watch.</p>
<p><strong>Art Carter </strong>and CRMLS is putting together an awesome team.  <strong>Adrese Roundtree</strong> and his SoCalMLS team now join <strong>Patty Connor</strong> (formerly of RMLS, FL.) along with the rest of CRMLS&#8217;s staff.  Their future is bright.</p>
<p>But no email is going to wipe the memory of what SoCalMLS represented, what it accomplished, or how it helped move the MLS industry forward.  For CRMLS, that is a tough act to follow.</p>
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		<title>RPR doesn&#8217;t like competition.</title>
		<link>http://www.vendoralley.com/2011/08/18/dale-ross-ceo-of-rpr-doesnt-like-competition/</link>
		<comments>http://www.vendoralley.com/2011/08/18/dale-ross-ceo-of-rpr-doesnt-like-competition/#comments</comments>
		<pubDate>Thu, 18 Aug 2011 14:11:02 +0000</pubDate>
		<dc:creator>Greg Robertson</dc:creator>
				<category><![CDATA[Associations]]></category>
		<category><![CDATA[Broker]]></category>
		<category><![CDATA[MLS]]></category>
		<category><![CDATA[Opinion]]></category>
		<category><![CDATA[RPR]]></category>

		<guid isPermaLink="false">http://www.vendoralley.com/?p=6580</guid>
		<description><![CDATA[TweetYesterday Dale Ross, CEO of RPR, wrote a blog post named &#8220;The Future?&#8220;. The fact he used a question mark isn&#8217;t surprising. Mr. Ross is a bit perplexed on why many MLS providers have not chosen RPR or continue to use their competitors for what he calls &#8220;short-term gains.&#8221; He references a widely distributed blog [...]]]></description>
			<content:encoded><![CDATA[<div id="tweetbutton6580" class="tw_button" style=""><a href="http://twitter.com/share?url=http%3A%2F%2Fwww.vendoralley.com%2F2011%2F08%2F18%2Fdale-ross-ceo-of-rpr-doesnt-like-competition%2F&amp;via=vendoralley&amp;text=RPR%20doesn%26%238217%3Bt%20like%20competition.&amp;related=&amp;lang=en&amp;count=horizontal&amp;counturl=http%3A%2F%2Fwww.vendoralley.com%2F2011%2F08%2F18%2Fdale-ross-ceo-of-rpr-doesnt-like-competition%2F" class="twitter-share-button"  style="width:55px;height:22px;background:transparent url('http://www.vendoralley.com/wp-content/plugins/wp-tweet-button/tweetn.png') no-repeat  0 0;text-align:left;text-indent:-9999px;display:block;">Tweet</a></div><p><strong>Yesterday Dale Ross, CEO of RPR, wrote a blog post named &#8220;<a href="http://blog.narrpr.com/ceo-update/the-future/">The Future?</a>&#8220;.  The fact he used a question mark isn&#8217;t surprising.</strong> </p>
<p>Mr. Ross is a bit perplexed on why many MLS providers have not chosen RPR or continue to use their competitors for what he calls &#8220;short-term gains.&#8221;  He references a widely distributed blog post written by <strong>Kim Prior</strong> of <strong>OnBoard Informatics</strong>, called &#8220;<a href="http://rismedia.com/2011-07-20/mlss-taking-control-of-destiny-%E2%80%93-a-plea-an-observation-a-call-to-arms/">MLSs Taking Control of Destiny – a Plea, an Observation, a Call to Arms</a>&#8220;.  (Sound the trumpets!) Her post is a bit naive but does lay out challenges many industries face including the MLS.</p>
<p>When RPR launched Mr. Ross stated their plan was to have RPR break-even in 3 years.  It&#8217;s been a bumpy road since then as many MLS providers challenged their value proposition.  In his post Mr. Ross repeated RPR&#8217;s value proposition as this:</p>
<p><em>&#8220;What RPR seeks to offer NAR members is REALTOR® control of property data, analytics and valuations.  At the core of the RPR system, the licensed data provided to the MLSs by brokers is aggregated with the additional licensed parcel-centric data.  RPR then seeks to return valuable tools to REALTORS® designed to bring national and local information as well as agent and broker support systems directly where they are needed the most, at market level to benefit the consumers, but provided by REALTORS® to reinforce REALTOR® value. &#8221;</em></p>
<p>The linchpin to this strategy is how &#8220;valuable&#8221; the tools RPR is providing.  In a recent blog post <strong>Brian Larson</strong> asks many MLS providers to <a href="http://blog.narrpr.com/news/ir-announces-new-focus-on-rpr-realtor-service/">consider this</a> before resigning with RPR.  <strong>Reports have suggested that usage of RPR&#8217;s toolset are <em>very, very low </em>even by 3rd party software standards</strong>.  Recently RPR has <a href="http://blog.narrpr.com/news/ir-announces-new-focus-on-rpr-realtor-service/">refocused</a> efforts to improve this.</p>
<p>I&#8217;ve been creating and selling software solutions for REALTORS since 1992 and feel your pain.  Based on that here a some suggestions for RPR to consider.</p>
<p>1. <strong>Stop complaining.</strong>  NAR has committed 20 million dollars to you and ponied up another 12 million to buy assets to get you started.  Add to that you also have a rock star team that includes <strong>Marty</strong>, <strong>Mona</strong>, <strong>Reggie</strong>, <strong>Ohan</strong>, <strong>Kristen</strong> and others.  Nobody gives a shit about your problems, implement.</p>
<p>2.  <strong>Don&#8217;t be greedy. </strong> I still think that sharing future revenues from MLS data with MLS providers is the right thing to do.  Look at it this way, I bet you <strong>CoreLogic</strong> paid 100 times more towards the <strong>CIVIX</strong> settlement than RPR and still was able to share revenue back to the MLS via its data deals.  In that situation who&#8217;s the better &#8220;industry partner&#8221;?</p>
<p>3.  <strong>Make a product agents love.</strong>  This is the hard part.  But, I guarantee you if the RPR toolset was something agents actually loved all these barriers with MLS providers would disappear overnight.  But so far, other than <strong>NAR</strong> cronies, I&#8217;ve never really hear that agents really LOVE RPR&#8217;s tools.</p>
<p>4.  <strong>It&#8217;s NOT the data stupid</strong>.  Data, data, data is all I ever hear from RPR.  It should be User Experience, User Experience, User Experience!  I&#8217;ve  had a few off the record conversations with trainers at MLS providers tasked to train on RPR.  The feedback has been the same, it&#8217;s &#8220;too complicated&#8221;, it does &#8220;too much&#8221;.  So how about introducing a stripped down version that offers less flexibility but gives the agents something quick and easy.  <strong>Your data means dick if nobody can figure out how to get at it or how to use it.</strong></p>
<p>5.  <strong>If you can&#8217;t beat &#8216;em, join &#8216;em. </strong> It would be interesting to see what <strong>Zillow</strong>, <strong>Realtor.com</strong>,  <strong>Trulia</strong>, and other industry 3rd party software developers could do with RPR data.  Hell, Zillow is swimming in money since their IPO.  How about striking a deal with them for an API to RPR data?   Get them, and others, addicted to RPR data.</p>
<p>You&#8217;re welcome.   :  )</p>
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		<title>CMLS Letter to NAR MLS Issues and Policy Committee</title>
		<link>http://www.vendoralley.com/2011/05/04/cmls-letter-to-nar-mls-issues-and-policy-committee/</link>
		<comments>http://www.vendoralley.com/2011/05/04/cmls-letter-to-nar-mls-issues-and-policy-committee/#comments</comments>
		<pubDate>Thu, 05 May 2011 00:00:48 +0000</pubDate>
		<dc:creator>Greg Robertson</dc:creator>
				<category><![CDATA[Broker]]></category>
		<category><![CDATA[CMLS]]></category>
		<category><![CDATA[MLS]]></category>

		<guid isPermaLink="false">http://www.vendoralley.com/?p=6111</guid>
		<description><![CDATA[TweetGood to see CMLS continue to take more of an active role in these issues: Here’s an excerpt… “Please accept this letter on behalf of the Council of Multiple Listing Services (CMLS) regarding the recommendations included in the ‘Report and Recommendations of the IDX Data Use Work Group’. The difficult task of reviewing the inclusion [...]]]></description>
			<content:encoded><![CDATA[<div id="tweetbutton6111" class="tw_button" style=""><a href="http://twitter.com/share?url=http%3A%2F%2Fwww.vendoralley.com%2F2011%2F05%2F04%2Fcmls-letter-to-nar-mls-issues-and-policy-committee%2F&amp;via=vendoralley&amp;text=CMLS%20Letter%20to%20NAR%20MLS%20Issues%20and%20Policy%20Committee&amp;related=&amp;lang=en&amp;count=horizontal&amp;counturl=http%3A%2F%2Fwww.vendoralley.com%2F2011%2F05%2F04%2Fcmls-letter-to-nar-mls-issues-and-policy-committee%2F" class="twitter-share-button"  style="width:55px;height:22px;background:transparent url('http://www.vendoralley.com/wp-content/plugins/wp-tweet-button/tweetn.png') no-repeat  0 0;text-align:left;text-indent:-9999px;display:block;">Tweet</a></div><p><strong>Good to see CMLS continue to take more of an active role in these issues:</strong></p>
<p>Here’s an excerpt…</p>
<p><a href="http://councilofmls.com/cmls-letter-to-nar-mls-issues-and-policy-committee/">“Please accept this letter on behalf of the Council of Multiple Listing Services (CMLS) regarding the recommendations included in the ‘Report and Recommendations of the IDX Data Use Work Group’. The difficult task of reviewing the inclusion of social media in IDX isn’t an enviable one; please know that we respect the commitment that each work group member gave to the effort.”</a></p>
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		<title>Zillow sleeps with the enemy.</title>
		<link>http://www.vendoralley.com/2011/04/21/zillow-sleeps-with-the-enemy/</link>
		<comments>http://www.vendoralley.com/2011/04/21/zillow-sleeps-with-the-enemy/#comments</comments>
		<pubDate>Thu, 21 Apr 2011 15:02:33 +0000</pubDate>
		<dc:creator>Greg Robertson</dc:creator>
				<category><![CDATA[Agent]]></category>
		<category><![CDATA[Broker]]></category>
		<category><![CDATA[Buzz]]></category>
		<category><![CDATA[MLS]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[Opinion]]></category>

		<guid isPermaLink="false">http://www.vendoralley.com/?p=6037</guid>
		<description><![CDATA[Tweet Move, Inc. and Zillow, Inc. Sign New Listing Syndication Agreement for ListHub &#8220;In addition, Zillow will now provide web site and mobile metrics and listing performance data to ListHub for inclusion in reports that brokers, agents and franchises use when working with clients to evaluate the value of publishing destinations and efficiently manage their [...]]]></description>
			<content:encoded><![CDATA[<div id="tweetbutton6037" class="tw_button" style=""><a href="http://twitter.com/share?url=http%3A%2F%2Fwww.vendoralley.com%2F2011%2F04%2F21%2Fzillow-sleeps-with-the-enemy%2F&amp;via=vendoralley&amp;text=Zillow%20sleeps%20with%20the%20enemy.&amp;related=&amp;lang=en&amp;count=horizontal&amp;counturl=http%3A%2F%2Fwww.vendoralley.com%2F2011%2F04%2F21%2Fzillow-sleeps-with-the-enemy%2F" class="twitter-share-button"  style="width:55px;height:22px;background:transparent url('http://www.vendoralley.com/wp-content/plugins/wp-tweet-button/tweetn.png') no-repeat  0 0;text-align:left;text-indent:-9999px;display:block;">Tweet</a></div></dt>
<p><a href="http://news.move.com/index.php?s=11609&#038;item=33878">Move, Inc. and Zillow, Inc. Sign New Listing Syndication Agreement for ListHub</a>
</dt>
<dd>
<blockquote>
<p>&#8220;In addition, Zillow will now provide web site and mobile metrics and listing performance data to ListHub for inclusion in reports that brokers, agents and franchises use when working with clients to evaluate the value of publishing destinations and efficiently manage their online marketing strategies.&#8221;</p>
</blockquote>
<p><strong> Lemee guess, a &#8220;Zaffic&#8221; report?</strong></p>
<blockquote>
<p>&#8220;This new content syndication agreement also provides MLSs, brokers and other content providers with the ability to designate how listings syndicated through ListHub are used by Zillow.  Zillow will not re-syndicate listings to third party sites outside of the Zillow Real Estate Network, and MLSs and brokers will have the ability to approve the inclusion of their listings on the Zillow Network and opt-out of unrelated non-display uses.&#8221;</p>
</blockquote>
<p><strong>
<p>We all knew this type of deal was coming.  Here&#8217;s the breakdown:</p>
<p>Zillow &#8211; Winner<br />
MOVE &#8211; Winner<br />
Trulia &#8211; Loser<br />
Point2 &#8211; Loser<br />
Brokers &#8211; TBD<br />
MLS providers &#8211; TBD</p>
<p></strong></p>
</dd>
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		<title>The Syndication Hustle</title>
		<link>http://www.vendoralley.com/2011/02/02/the-syndication-hustle/</link>
		<comments>http://www.vendoralley.com/2011/02/02/the-syndication-hustle/#comments</comments>
		<pubDate>Wed, 02 Feb 2011 18:03:36 +0000</pubDate>
		<dc:creator>Greg Robertson</dc:creator>
				<category><![CDATA[Broker]]></category>
		<category><![CDATA[MLS]]></category>
		<category><![CDATA[Opinion]]></category>

		<guid isPermaLink="false">http://www.vendoralley.com/?p=5728</guid>
		<description><![CDATA[Tweet I was just reading John Heithaus, Chief Marketing Officer, of MRIS blog post titled; Reality Check Ahead: Data Mining and the Implication for Real Estate Professionals. He does a great job of outlining the implications of syndication has upon the real estate business. Unfortunately it seems nobody cares. To me, and others, it&#8217;s clear [...]]]></description>
			<content:encoded><![CDATA[<div id="tweetbutton5728" class="tw_button" style=""><a href="http://twitter.com/share?url=http%3A%2F%2Fwww.vendoralley.com%2F2011%2F02%2F02%2Fthe-syndication-hustle%2F&amp;via=vendoralley&amp;text=The%20Syndication%20Hustle&amp;related=&amp;lang=en&amp;count=horizontal&amp;counturl=http%3A%2F%2Fwww.vendoralley.com%2F2011%2F02%2F02%2Fthe-syndication-hustle%2F" class="twitter-share-button"  style="width:55px;height:22px;background:transparent url('http://www.vendoralley.com/wp-content/plugins/wp-tweet-button/tweetn.png') no-repeat  0 0;text-align:left;text-indent:-9999px;display:block;">Tweet</a></div><p><a href="http://www.vendoralley.com/wp-content/uploads/2011/02/listing-hustle.jpg"><img src="http://www.vendoralley.com/wp-content/uploads/2011/02/listing-hustle-284x300.jpg" alt="" title="listing hustle" width="284" height="300" class="alignleft size-medium wp-image-5732" /></a><br />
I was just reading <strong>John Heithaus</strong>, Chief Marketing Officer, of <strong>MRIS</strong> blog post titled; <a href="http://mrisblog.com/2011/02/reality-check-ahead-data-mining-and-the-implications-for-real-estate-professionals/">Reality Check Ahead: Data Mining and the Implication for Real Estate Professionals</a>.  He does a great job of outlining the implications of syndication has upon the real estate business.  </p>
<p><strong>Unfortunately it seems nobody cares.</strong></p>
<p>To me, and others, it&#8217;s clear that the risks of syndication far out weigh the rewards.  Yet brokers continue to sign agreements they never read with fine print they never see.  Granted there are some best practices to follow, such as making sure the syndicator&#8217;s site has much less information than yours, and to make sure you understand what rights to the data you are giving away.</p>
<p>But, with sites like <strong>Facebook</strong> and <strong>Google</strong> people have become accustom to surrendering their personal/business data for &#8220;free&#8221; products and services.</p>
<p>The frustration is that many MLS professionals understand the dangers of listing syndication but are powerless to dissuade their board members to stop, look and listen.  Bob Hale at the recent<strong> Inman Connect</strong> conference did an excelent job of listing off the battles that MLS/Real Estate Industry has lost in recent years, citing &#8220;agent ratings&#8221; as the latest defeat.  And if <strong>Bob Hale</strong> can&#8217;t get anything done?  Can anyone???</p>
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