Just wrapped up a 2.5 hour meeting with our inaugural Data Strategies Committee and all I can say is – wow. We covered so much ground and really only scratched the surface of the many issues we as a committee can, and need to tackle.
The purpose of our committee was defined: “To monitor and recommend actions and strategies affecting the sharing, distribution, capture and utilization of data. To analyze research and trends, global strategies, and the competitive landscape regarding property data and recommend appropriate association action.”
Our objective is to “identify and discuss the issues around the data, for development of potential recommendations to the NAR Board of Directors.”
Quite a broad scope wouldn’t you say?
The issues we discussed ran the gamut: the battle with third-party vendors in communicating real estate data to consumers, roadblocks that keep associations from sharing member and transaction data widely within the REALTOR family, playing a larger role in the online relationship with consumers, an MLS bill of rights, capturing housing data that is currently missing, creating a comprehensive member database…among many other topics.
After thorough discussion we narrowed down the issues to four key points to pay closer attention to:
- Improving the online consumer relationship
- Becoming a more prominent player when it comes to communicating real estate data
- Greater broker control over syndication of listing data
- A thorough and comprehensive member database that can “predict” the needs of its members similar to the Amazon experience
These four issues will be delved into alot deeper over the next six months prior to our next in person meeting at NAR Annual Conference in San Francisco in November. The issues may change after we explore them further. The focus may change and develop over time as well. That’s what makes being a part of this committee exciting – it is tasked with such a broad scope of responsibility that will mature and morph over time to meet (and hopefully exceed) the needs of our membership.
Let’s see what we come up with by the time we meet in November in San Francisco!
My family and I are heading out to Washington D.C. a few days ahead of the NAR Midyear Legislative Meetings & Trade Expo. In years past, heading to a conference out of town meant in addition to the suits, shoes, toothbrush, etc you’d also be packing any paperwork, notebooks, writing instruments, folders and all other items needed for conference meetings as well as conducting your personal business back home.
Now all we need is Evernote.
The amount of love that Evernote gets from its users seems almost cliché. But it is well deserved love.
All I need with me are my mobile devices and/or laptop loaded with Evernote and I’m good to go. I have all my committee notes from the WebEx meetings we have had this year leading up to our in-person committee meeting next week, all my prep materials that I want to review before the in-person meeting, and all articles I come across online relevant to the topics of my meetings all stored in Evernote in one “notebook”.
All of my business-related notes, agent transaction details, information on customer leads and much more already in notebooks on Evernote.
I also have my flight itinerary, hotel reservations and a list of potential restaurants and sites we will take in while we are in D.C loaded and ready to go.
Needless to say, since all my devices can access Evernote, I’m all packed!
….now let’s just hope I don’t forget my chargers.