Where Real Estate Gets Its Dirt

REcolorado responds to acquisition news

Subscriber News

“We disagree with their approach and are dedicated to keeping REcolorado a broker- focused business partner and will continue to pursue all options to make certain your MLS remains a locally owned organization that is operated in your and your clients’ best interest.”

REcolorado

What a mess.

Looking for a new gig?

MLS Operations Specialist – The Gulf Coast Multiple Listing Service 

“The Gulf Coast Multiple Listing Service is seeking an experienced MLS Operations Specialist to join our team in Mobile, Al. The GCMLS provides service to over 2,400 MLS participants and subscribers. The MLS Operations Specialist is responsible for the day-to-day operations of the MLS and works closely with our MLS Compliance Specialist. The MLS Operations Specialist is responsible for the operation, training, delivery and maintenance of all multiple listing services (MLS) and supporting products. Data integrity is of the utmost importance so a clear understanding and enforcement of MLS Rules and Policies is required. This position reports to the CEO and serves as a staff liaison to the MLS Board. Some travel and extended hours may be required. Ideal candidates will have a minimum of 2 years of MLS experience.”

Mobile Area Association of REALTORS

The find out about this job or post a job, please visit the Vendor Alley Job Board.

Zillow settles with MLSs

Zillow, MLSs reach settlement in ShowingTime lawsuit

“A court document filed on June 13 stated that Zillow Group and the defendants — Arizona Regional Multiple Listing Service, Wisconsin’s Metro Multiple Listing Service, and MLS Aligned, an MLS collaboration which developed Aligned Showings — have reached an agreement in principle that will result in the dismissal of claims once finalized.”

Real Estate News

Zillow should have never sued their own customers in the first place. One the worse business decisions this space has ever seen.

A new home search portal swoops in to the mix

Flyhomes Launches World’s First AI-Powered Home Search Portal

“Developed over the last two years, ‘Flyhomes AI,’ is a proprietary technology which brings the first conversational real estate search and research to the market, dramatically expanding the amount of information home shoppers can find online.”

Flyhomes

The company has some legit pedigree too.

“The technology integration was overseen by ZeroDown co-founders, Laks Srini and Abhijeet Dwivedi, who joined Flyhomes as chief technology officer (CTO) and chief growth officer (CGO), respectively. Srini and Dwivedi previously served as Co-founder/CTO and as COO at SaaS HR platform, Zenefits.”

Flyhomes

One of ZeroDown’s major investors is Sam Altman, CEO of OpenAI, the creators of ChatGPT.

The new portal will be live in 28 states and Washington D.C., which they claim covers 75% of the listings (I think that sounds right). I got an early sneak peak at the site and it’s pretty rad. Along with the typical portal things you can also ask it questions like

“Show me homes in Los Angeles that have recently dropped in price”
“Provide me an overview of recent t sales in 90210”
“Show me homes in 92648 that are having an open house this weekend.”

To me this could be what a future MLS system interface could look like.

I’m hoping to have someone from Flyhomes on my podcast, I’ve got a ton of questions about their business model, and how they plan to expand coverage.

But my biggest take away is just when we thought that there was no innovation left in the listing portal space, a new competitor enters the ring. Congrats flyhomes! Can’t wait to see more!

Stuart White, CEO of Realtracs, on why the MLS will continue

A couple of things from Stuart’s opinion post on Inman News I thought were interesting.

“The network effect has provided a dependable listing and buying network — creating a singular destination where an area’s buyers and listings are in the same place. The network effect has always been more important to consumers (and professionals) than publishing compensation and will continue to benefit consumers (and professionals) after the settlement. “

Stuart White

We don’t really think about how much the network effect matters in our business. We are just so used to it.

“MLSs must continue to make platforms easier to use. Designing an accessible and intuitive interface with user-friendly features allows seamless navigation, as both real estate professionals and consumers will be seeking enhanced productivity and efficiency. By making their products more accessible, MLSs reinforce their role as indispensable tools and empower users to achieve their goals with ease.”

Stuart White

Making MLS system easier to use has been a thing since I started in the business in 1992. I believe the industry has done a good job with point solutions based on features of MLS systems, but coming up with a new take on a MLS system itself is something I think about a lot.

Microsoft agrees to take down Bing Homes Portal

via GIPHY

Nova Scotia adds mandatory fields for adaptable homes

Nova Scotia REALTORS®: leading the way in searching for adaptable homes

“Director of NSAR’s MLS® System, Bonnie Wigg says, “With the most common barriers people with mobility issues face being in the built environment, NSAR worked with several key partners to look at how we could make a difference in searching for an adaptable home. Everyone’s definition of an accessible home is different, so adding more information to listings will enable people to determine if a home is adaptable for them.”

NSAR

I can see this really useful in many communities.

York Baur steps down as CEO of MoxiWorks, new CEO announced

MoxiWorks Names Eric Elfman As Chief Executive Officer

“MoxiWorks, the leading real estate technology platform for agents, today announced the appointment of Eric Elfman, an experienced executive with a track record of accelerating product and go-to-market strategy, as the company’s new Chief Executive Officer and member of the Board of Directors. Current CEO York Baur will remain on the Board of Directors helping to guide vision and strategy. “

MoxiWorks

End of an era. What I appreciated about York is that he could be a fierce competitor but we would still be able to shoot the shit together about this crazy business we were both in. Cheers my friend and welcome Eric to the Hotel California.

Looking for a new gig?

Member Care Specialist – OKCMAR/MLSOK

“The Member Care Specialist plays a crucial role in providing excellent customer service to all association members. This position carries out various administrative support functions. The ideal candidate for the Member Care Specialist position is a dynamic individual committed to delivering exceptional customer service to association members. This role requires strong administrative skills and the ability to work autonomously while maintaining high standards of performance. The candidate should excel in communication, possess a keen attention to detail, and demonstrate proficiency in various software applications.”

OKCMAR / MLSOK

To find out about this job or post a job, please visit the Vendor Alley Job Board.

David Mele leaves Homes.com

Homes.com president out

“Mele took the president role at Homes.com nearly 10 years ago after a run in local news publishing with The Virginian-Pilot. During his tenure with Homes.com, Mele oversaw the company’s acquisition by CoStar in 2021 and its rise as a major player in the home search space.

CoStar CEO Andy Florance confirmed Mele’s departure to Real Estate News, adding that the company is “grateful to David Mele for his contributions to Homes.com” and that the team “wishes him the best” in his future endeavor”

AJ LaTrace, Real Estate News

Sounds like he left on his own terms. Good for him. Having been there from the beginning (starting at Dominion Enterprises) on through the acquisition by CoStar, changing the entire business model, heading HomeSnap and then Super Bowl ads. You gotta believe he has some great stories to tell.

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