Where Real Estate Gets Its Dirt

ShowingTime launches MarketView, new product for Brokers to help with recruiting and market knowledge.

ShowingTime Introduces MarketView Broker, a Browser-Based Application for Brokers to Recruit Top Performers and Determine Market Share

“We believe MarketView Broker will become an essential tool for brokers to recruit top agents, gain market share, have a deeper knowledge of the markets they serve and provide a clear competitive advantage in a highly competitive marketplace,” said ShowingTime President Michael Lane.
“It can be accessed on any device from anywhere, and will be available to customers and prospective customers looking to grow their presence in the 300+ markets where ShowingTime offers services.”

I’ve always been impressed with ShowingTime. They are doing a lot of things right and you can tell there is a lot of thinking from the top down. Here’s a few observations.

1. They invest in themselves – They’ve made some savvy acquisitions to increase market share of their core product ShowingTime.

2. They made their data an asset – They are creating a proprietary dataset based on the data they collect through their own products. Their ShowingTime Showing Index tracks the average number of buyer showings on active residential properties on a monthly basis.

3. They give their customers better ways to leverage their data. – They are also creating (or acquiring) other products that leverage that data with products like MarketStats, and now MarketShare.

A couple small quibbles – Their UI, mostly on their MLS product, and having an API (iframes are not cutting it anymore). While I think they are doing a good job in data visualization in reports, I think that some focus on UI would really pay a lot of dividends. And making it easier for developers to access their data (via an API) for other apps would only increase its value.

Triangle MLS selects ShowingTime

TRIANGLE MLS, INC. SELECTS THE SHOWINGTIME APPOINTMENT CENTER

““ShowingTime’s advanced technology will be a great resource for our subscribers,” said Tessa Hultz, CEO at TMLS. “The ShowingTime Appointment Center is a service that aligns with our vision to provide subscribers with the most innovative tools available. We’ve been using MarketStats from ShowingTime for several years and have greatly benefited from the predictive analytics it provides, which will now include showing data for our market area. It just made sense to select ShowingTime.”

ShowingTime’s showing-related products and services – which improve efficiency by streamlining the appointment scheduling process – are used to schedule more than four million showings per month in 190+ MLSs across the U.S. and Canada representing 900,000+ real estate professionals.”

And according to the press release this is the 33rd MLS they signed up just this year for its showing management and market stats product. Super impressive. Hats off to Mike and his team.

ShowingTime Acquires RBI

SHOWINGTIME ACQUIRES REALESTATE BUSINESS INTELLIGENCE (RBI) TO PROVIDE ADDITIONAL ANALYTIC TOOLS FOR CUSTOMERS

“ShowingTime, the real estate industry’s leading showing management technology provider, announced today that it acquired RealEstate Business Intelligence (RBI) to deepen its Analytics Group offering, enabling customers to gain a richer understanding of their local real estate markets.

RBI delivers local market statistics and trends to 142 MLS organizations and nearly 500,000 agents across North America. Its SmartCharts Pro and MARKETrends Premium products and services are used by another 30,000 subscribers.”

Keep in mind that ShowingTime recently acquired 10K Research. I believe that RBI was either partly or fully owned by MRIS. 10K Research was wholly owned by the Minneapolis BOR.

A few things to comment on.

1. Consolidation is happening.
2. Love to see a vendor like ShowingTime making moves like this. It shows the confidence they have in their team and a vision for its future.
3. MLS and associations discover that its hard out there being a pimp vendor.

ShowingTime acquires 10K Research

More consolidation news, ShowingTime just acquired 10K Research.

10K Research and Marketing Joins ShowingTime

““Adding 10K’s wide array of research and marketing tools to ShowingTime’s offering will give customers an even greater ability to offer exceptional service and market knowledge to clients,” said ShowingTime President Michael Lane. “We look forward to providing additional capabilities to customers over time.”

Congrats to Scott and Mike. I know Greg and the team at 10K have to be super excited!

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