Issue: 64
October, 2014
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In This Issue
IDX Policies Proposed to Go More Broker-Friendly
Brokers Out-Marketing Competitors
30 Days and Counting
Broker Non-Complete with Portals
Facebook frustration, love for LinkedIn and Hello, Ello...
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By Marilyn Wilson

I am proud to say that WAV Group has been working with the Leading Real Estate Companies of the World to create a set of recommendations for ways to improve and update IDX policy. No, there have no bloody fights or name-calling on this one. Just a collaborative process led by Pam O'Connor, CEO of LeadingRE and the MLS Emerging Issues and Trends Committee.
 

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Recommended Changes to the IDX Policy 
Brokers Out-Marketing Competitors 
By Victor Lund
I attended Luxury Connect last week in Beverly Hills. If you are not familiar with the event, it was expertly delivered by the team from Inman News that is host to the Real Estate Connect conferences held annually in New York City and San Francisco. I don't think that anyone really appreciates how difficult it is to put on a great event. This group does it with ease and grace even when pitted against seemingly insurmountable challenges. 

By Kevin Hawkins

"How do you like your new gig,?" asked Lew Sichelman, perhaps America's most ardent and prolific consumer real estate columnist and my dear friend of nearly 30 years, by phone the other day. "Unbelievable!," I answered, wanting to forget that I learned that automatic response from a Tommy Hopkins sales training class I took a dozen years ago. But it's an accurate description of how it's been to join a team that is clearly among the most revered and respected professionals in real estate.

 

 
By Victor Lund

The great real estate portals of America are trusted partners to brokers. As trusted partners, they are able to collect a lot of information that brokers have held close. For example, portals have access to a broker's agent roster. They know which agents respond to consumer inquiries the fastest and the best. They even know which agents sell the most number of homes and which ones have the best consumer reviews. 
 

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By Kevin Hawkins

 Many self-proclaimed experts tout the importance of social media in real estate marketing as if it were a nitroglycerin prescription for someone with a heart ailment: Without it you will die. We have to remember that social media are communication channels; and, yes, their power, their ability to engage and cause immediate action indeed can be daunting. But they are still just channels and they are not the only channels you can use to reach, engage and cause your target audiences to respond.

In fact, if you use social media incorrectly it will become that other kind of nitroglycerin: It can blow up in your face, quite literally.

 

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