Have a REO & Short Sale Business? Might Want to Track This…

From the dusty files of the excruciating minutiae of bankruptcy court proceedings (courtesy of the NY Times) comes this story: But while banks may have booted a few robo-signers and tightened up some lax procedures, one question at the heart of the foreclosure mess refuses to go away: whether institutions trying to take back a … Read more

Coming Soon: Wholesale Changes to Keller Williams Signage

First, watch this video.  Note that it’s produced by Keller Williams Realty, Inc., the corporation that actually franchises the name.  This is the official position of the franchise, not of an individual agent or an individual office or franchisee.  And KW says, the brand doesn’t matter. I wrote pretty much the same thing on a … Read more

[7DS] If By "Reinvent" One Means "Imitate", I Agree

[Original post at 7DSassociates.com] There is a fascinating post on Find It Fill It blog (looks to me like this is a commercial real estate brokerage of some sort) about how Loopnet’s “crowdsourcing” model will reinvent commercial real estate as we know it: This is like aiming a cannon to your competition that’s holding a … Read more

Quick Observation: On MLS Board Members

Marilyn Wilson of the WAV Group has posted a plea for MLS boards to set aside personal agendas and work towards the good of the whole MLS, asking, “Is your heart in the right place?“: I would suggest that every MLS board member in the country think about the importance of the role they are … Read more

Initial Questions and Thoughts: New NAR Franchise-IDX Rule

As reported by Inman News, NAR’s Multiple Listing Issues and Policies Committee has approved a new addition to the Internet Data Exchange (“IDX”) policy as follows: Display of IDX Information by Real Estate Franchise Organizations Participants may provide IDX information to their real estate franchise organizations (“franchisors”) to be indexed for display on franchisors’ websites. For purposes … Read more

[7DS] Initial Questions and Thoughts: New NAR Franchise-IDX Rule

(Originally posted on the 7DS Blog) As reported by Inman News, NAR’s Multiple Listing Issues and Policies Committee has approved a new addition to the Internet Data Exchange (“IDX”) policy as follows: Display of IDX Information by Real Estate Franchise Organizations Participants may provide IDX information to their real estate franchise organizations (“franchisors”) to be indexed for display … Read more

Move, Listhub, and Syndication Standards (NROB)

Originally posted to Notorious R.O.B. Back in September, when Move, Inc. (which operates Realtor.com, among other units) acquired ListHub, the leading syndicator of listings, there were a number of opinions and speculations on why Move would buy a syndicator of all things.  Given that Move gets a direct feed of all MLS listings under the NAR Operating Agreement, … Read more