Organized Real Estate

Research, reporting and analysis about multiple listings services, local and state Realtor associations and NAR.

Articles

Organized Real Estate

An update on the relationship between new construction and low inventory

New construction – or the lack of it – has been a key factor in the nation’s nearly decade-long housing inventory shortage. With too few homes being built each year demand for single-family homes has consistently outstripped supply – there is just not enough housing being built for the nation’s growing population.

2023 STR Excerpt: The Future of MLS

Multiple listing services have been critical components of the American real estate system for nearly a century. They are, however, facing some significant changes and challenges as the industry matures into an increasingly scaled, well-capitalized enterprise, with advanced technology and new data capabilities and practices.

Organized Real Estate

VIDEO: The Future of MLS with Bright MLS CEO Brian Donnellan

Bright MLS, the nation’s second largest multiple listing service, which serves over 100,000 subscribers in the Mid-Atlantic region, has been among a vanguard of MLSs innovating to create an expansive future for itself and other MLSs. In this video conversation, Bright MLS President and CEO Brian Donnellan discusses the evolution he sees in the MLS space and how he’s looking to navigate it.

Organized Real Estate

Behind the MLS-driven initiative to monetize real estate data

The nation’s two largest MLSs, CRMLS and Bright MLS, have announced a new joint venture, REdistribute, which will lead an MLS data monetization effort. T3 Sixty recorded a video interview with CRMLS CEO Art Carter about the effort. Watch it here.

Organized Real Estate

Inside one MLS’s expansion push

MLSs and brokers are also collaborating in new ways to advance MLS service into a modern business that consumers need and want. This article dives into one strategy unfolding in Tennessee.

Behind the 2022 Organized Real Estate Data

MLS organizations are looking to control more of their own technologies and futures by owning equity in the tools and services they and their subscribers rely on, either alone or in partnership with other MLSs.

With deepening collaborations, MLSs embark on new era

MLS organizations are looking to control more of their own technologies and futures by owning equity in the tools and services they and their subscribers rely on, either alone or in partnership with other MLSs.

Organized Real Estate

VIDEO: Breaking down the 2022 Organized Real Estate release

Clint Skutchan, senior vice president of organized real estate at T3 Sixty and the lead researcher for the publication, hosts a conversation with three organized real estate leaders to help digest the numbers in the 2022 ORE.

Organized Real Estate

The 2022 MLS system technology landscape

As MLSs look to expand market areas, they’re also looking to modernize their MLS systems with choice, integrations and additional features. As MLS leaders must constantly investigate their options, this article outlines the MLS system landscape and provides high-level insight on the most-used systems.

The high stakes of hiring the right local Realtor association executive

Realtor association executives play a critical role in administering the important services local Realtor associations missions, from serving members with training and education to advocacy and administering a multiple listing service. This article outlines the best practices Realtor associations should employ to hire successful executives.

Organized Real Estate

The increasing importance of MLS technology interoperability

MLSs have long offered services provided by exclusive technology partners. This strategy has created some vulnerabilities for MLSs when they want to diversify offerings or help themselves and participants fully leverage derivative MLS data. This article explores the importance of MLS technology interoperability.

A data-backed way to assess homebuyer demand

This article provides detail behind the Home Demand Index, the new homebuyer demand tool T3 Sixty released in partnership with Bright MLS in March. The tool gives 95,000 agents and 20 million consumers unprecedented insight into homebuyer demand.

Organized Real Estate

T3 Sixty’s annual MLS and local Realtor association scorecard results

The pandemic has had huge effects on all areas of real estate including, of course, organized real estate. T3 Sixty’s annual MLS and local Realtor association scorecards reveal how each type of organization fared.

Organized Real Estate

Is it time to separate ‘church’ and ‘state’ in organized real estate?

Organized Real Estate

Lessons from 2 high-performing local Realtor associations

Organized Real Estate

Mapping MLS System Providers