Where Real Estate Gets Its Dirt

T3 Sixty releases part 2 of the “Real Estate Almanac” with rankings of MLS providers and associations

Extreme Contrast Revealed in Real Estate MLS Study Released Today

“MLS Rankings 
The rankings show that the nation’s 20 largest MLSs (approximately 3.5 percent of all MLSs) serve over 50 percent of the nation’s total MLS subscribers; this number will likely go up as consolidation increases across the country and MLSs become larger. While MLSs have declined roughly 30 percent from just over 800 in early 2014 to 565 today, local pride and politics keep some smaller organizations alive. Eighty-two MLSs serve less than 100 brokers and agents, struggling to effectively serve the growing, more advanced technology needs of their users.

California Regional MLS (CRMLS) continues as the nation’s largest MLS while becoming the first organization to break into the six-figure count at 101,502 subscribers as at 12/31/19. Strategic additions this past year have also grown Bright MLS to 90,932 subscribers and Stellar MLS to 58,447 subscribers, making them the nation’s second and third largest MLSs, respectively.”

Swanepoel and his gang have done a great job with this report. It’s very comprehensive and as a vendor, I’m in heaven. I’m sure every MLS exec and vendor in this industry will collectively create a bookmark in their browser immediately.

Also, being somewhat of a word nerd in this industry I just love their labeling and classifications. The label of “Minute MLS” is classic. I’m sure the debate of “micro” and “minute” was a rager.

Many thanks to T3 Sixty for putting this together!

Mark Lesswing joins T3 Sixty Team, along with Jonathan Peterson

Former NAR CTO joins growing T3 Sixty Team
T3 Sixty Announces two new senior appointments, including Lesswing and Peterson

“Mark Lesswing, former Chief Technology Officer for the National Association of Realtors, joins T3 Sixty as Senior Vice President. Lesswing, who has acted in a senior technology role for over 30 years, started at NAR at the Center for Realtor Technology and has been involved in hundreds of industry projects and technology initiatives.  Lesswing served NAR for 17 years and was promoted to SVP and CTO of NAR in 2006. During the past few years he has focused on best practices in transaction management platforms, cloud-based platform leveraging blockchain, machine learning and artificial intelligence.

Jonathan Peterson, a former Vice President at Lone Wolf Real Estate Technologies for 14 years, joins T3 Sixty as VP in the Technology division.”

Stefan is stacked!

T3 Sixty releases “scorecards” for real estate technology companies

Comprehensive scorecards for real estate tech companies

“The T3 Tech Scorecards consist of an independent, standardized survey of each company’s users, an analysis of the company’s products with a detailing of the pros and cons, a description of the ideal customer for each product and best practices for effective agent adoption. Additionally, an overall description of the product and the company is included as well as an actual scorecard grade.

According to Jack Miller, President and Chief Technology Officer of T3 Sixty, these are but the first four T3 Tech Scorecards and they will be followed by at least one new assessment every month “until we’ve reviewed and analyzed all meaningful quality technology offerings in the market that brokers and agents should consider.”

Here’s a link to a scorecard they did for BombBomb ====> BombBomb – Tech Satisfaction Report – Scorecard – August

Nice data viz on the results.

You can see more scorecards at http://t360.com/scorecards

T3 Sixty team grows

From a Facebook post Stefan Swanepoel announced some new team additions and changes at T3 Sixty.

“The T3 Sixty team continues growing to better serve the residential real estate brokerage industry as it undergoes the most signifiant shift and the largest amount of changes, consolidations, innovations and reengineering the industry has experienced in 2 decades.

Please help me in congratulating the newcomers to the T3 Team and those with increased responsibilities!!

* Tinus Swanepoel (recent MBA graduate) has been named Chief Operating Officer and will be responsible for all corporate, marketing, finance, HR and customer service.

* Clint Skutchan joins as a full-time management consultant in the MLS and Association division. Clint previously served as CEO of the Fort Collins Board of Realtors.

* Ed Newman joins as part-time management consultant in the MLS Division. He formerly served as Director of Technology for NorthStar MLSNorthstarMLS.”

Congrats to Tinus, Clint and Ed!

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