Where Real Estate Gets Its Dirt

Seven Big Wishes: The Vendor Edition

CMLS is just around the corner and it promises to be the most attended in it’s 53 year history. Rob Hahn recently posted “Seven Big Questions ‘The MLS Edition'”, I’m going to riff off that and give my 7 wishes from Real Estate Vendors. Some of these I’ve experienced first hand, some I’ve heard from others. I don’t want the list to sound whiny, and like everything on this site, please take it with a little tongue in cheek (just a little).

1. I want standards. I want to be able to write a killer real estate app and release it everywhere at once. Yes, I know there are “chicken and egg” type issues, and it’s difficult. But, it’s 2010 people, let’s make this happen!

2. I want MLS providers to make decisions quicker. The Internet moves faster than one board meeting a month. How many times have you heard, “Our board meets next week but the agenda is already full, and next months is also full, but I might be able to squeeze you in the following month…maybe”? Lame.

3. Let me compete. For a number of reasons, many MLS providers put up huge walls or policies designed to keep new products from entering in the market. Give your members a choice.

4. Stop the shake down. One MLS provider requires me to pay $1,500 a month to release a CMA app in their market, at another MLS it’s $1,000 a month, at another it’s $600.00 per quarter and at another its $0.00. WTF? As a technology solution provider, I’m pretty well aware of the “costs” of providing data. Instead of making me pay you protection money….

5. ..Let’s be partners. I would much rather do a revenue share where you and I both gain based on performance rather than paying you a “tribute” each month.

6. Let me make a living. You complain about customer service but forget you drilled your vendor so far down on price that you made it impossible for them to perform.

7. I want to advertise (in your magazine, newsletter, or website), sponsor (your event, blog) , and attend trade shows. But, make it worth my while. Don’t just put me in a booth in the middle of nowhere, put my logo on a sign, and expect me to be happy. Be creative! And, don’t charge me an arm and a leg. The longer I’m around, the more money I will have to spend. We need each other, price accordingly.

Did I miss your wish? Let me hear them or your comments.

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