Where Real Estate Gets Its Dirt

The whole magilla!

Look Before you LEAP

“I can’t say I’m an expert in content licensing outside of real estate, but I’m having a hard time thinking of content licensing where the cost isn’t driven by usage volume. For example, pretty much every RE site licenses Google or some other mapping content, and we pay based on usage. APIs like Walkscore (owned by Redfin) are based on usage and other terms. Even beyond content licensing deals, all the cloud providers, such as AWS, Azure, etc., all have usage based pricing. Given this, why is it that real estate content is licensed without terms of use based on usage?”

Interesting response from Michael Wurzer about the new LEAP Policy being floated around. This part is interesting.

“If MLSs would treat the aggregated content as the value it is with proper licensing terms, almost all of the problems LEAP is trying to address would go away. And, more importantly, there would be a sound basis for addressing the wide differences among the sites using the data. Let’s just be clear about this: There’s a HUGE difference in value being derived from the licensed MLS content by Zillow or Realtor.com versus a single agent IDX site. Treating those the same is crazy.”

Really good points here (as usual from Mike). Lots to think about.

Looking for a new gig?

VP of Product – FBS

FBS, the 40+ year leader in software and solutions focused on real estate Multiple Listing Services (MLS) is seeking a proven leader to head our Product Team. The VP of Product will serve as the product leader to evangelize product strategy and drive thought leadership throughout the organization. This person is responsible for developing and executing on the strategic vision and product roadmap, as well as coaching, growing, and developing a diverse team of thoughtful Product Managers. The VP of Product works directly with the CEO and our customers to define the vision and product roadmap for the entire product line

To find out about this job, and others or to post a position you are looking to fill please visit the Vendor Alley Job Board.

ShowingTime adds the option to schedule virtual showings.

Conducting Virtual Showings with ShowingTime

The spread of COVID-19 has affected almost every aspect of our lives. Communities have shown themselves to be resilient, however, and so too have real estate professionals. Responding to the challenge imposed by the pandemic to continue to serve their clients in a safe, responsible manner, agents have incorporated streaming video technology to offer showings while adhering to social distancing best practices.

I’m a little late to some of this news but I’m just loving how a lot of vendors are stepping up their game during this crisis. ShowingTime in particular. Adding a way to schedule virtual showings is a no-brainer. Plus the showing data they are tracking and publishing is fascinating.

Flexmls has a way for agents to schedule Virtual Open Houses. Remine has announced a soon to be launched feature to create a Live Open House via their mobile app.

MLS organizations like Stellar MLS are putting together handy guides to help their members show the different options they have in their Matrix MLS systems along with best practices.

Black Knight is also launching live streaming options as well.

I’m sure I’m missing a few other solutions here but it’s great to see the old proverb of necessity is the mother of invention come to life in the real estate space.

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