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CEO Corner
Russ Bergeron


Why Strategic Managers?


"Strategy" - what does that word bring to your mind?
 
A deliberate, well-thought approach?
 
A carefully planned course of action?
 
MRED's Board of Managers, as an outcome of its 2013 Strategic Planning session, has requested approval from the Preferred & Common Members for the opportunity to engage a new type of Manager on its Board called a Strategic Manager. Why?
  • Because those outside MRED's immediate sphere have a different perspective on issues - and sometimes it's good to get an outside opinion
  • Because they have experiences from different industries that may have already dealt with issues/problems MRED faces
  • Because they have a new resource network for the Board
  • Because they will ask new and different kinds of questions when coming from a different background
  • Because they can bring in a new understanding or specialized skill set the Board doesn't currently have
Companies of various size and shape do this in different ways. Some choose to have a separate advisory council. MRED's Board thought it would be best for MRED if they had the option of getting such advice from 1 - or maybe 2 - individuals by adding them to the Board.
 
In January's Annual Preferred Member meeting, this idea was put forth to the Preferred Members. Some concerns were raised, and the proposal has been revised to address those concerns. Specific updates include: 
  • A Strategic Manager having strictly an advisory role
  • A Strategic Manager may not be present in Executive Session unless the remainder of the Board votes to include them for that particular Executive Session
  • The Board may vote to remove a Strategic Manager if it determines a Strategic Manager is not a good fit for MRED
  • Current MRED customers of any form (whether a Participant, sponsored broker, officer or support staff) may not be a Strategic Manager
Over the next few months prior to the July 24th Preferred Members meeting, we'll be reaching out to each of you to hear what you think, and to discuss any of the details contained in the Strategic Manager proposal. In the meantime, if you have questions or concerns, feel free to give me a call at 630-955-2765, or email me at russ.bergeron@mredllc.com

Russ Bergeron
President & CEO
 
For more details:
 
 

Russ Would Like to Visit You!

MRED President & CEO Russ Bergeron is available to visit your office to address you and your associates about the real estate industry today and MRED's plans going forward. He can tailor the discussion and his presentation as you would like.

Invite Russ To Your Office »

Midyear Preferred Unit Owners Meeting

The Midyear Preferred Unit Owners meeting will be Thursday, July 24, 2014 from 10 AM - 12 PM at Hotel Chicago. It will kick-off MRED's 2014 Strategic Planning session, and all Preferred Unit Owners are also invited to participate in the open session throughout the afternoon, and join the Board for dinner.

More details to follow...

Board of Managers Report


The MRED Board of Managers held their most recent meeting on March 20, 2014. Please see the attached report with updates from that meeting, plus the meetings from November, January and February.

Take Me To The Report »

Quotes from our Owners:
 
“The MLS is a critical part of any successful real estate business. Being an MRED Preferred Unit Owner means the opportunity to have a seat at the table, a voice in the future direction and growth of this most important company. The price is nominal for the exposure, information and education"
-Kara Keller, MSK Realty

“Return on Investment is basic for businesses. Having direct input by owning a Preferred Unit in MRED gives you a better chance for involvement and participation, which translates to more opportunity and profit. It's important to have a say in the MLS that is a cornerstone of your business plan. I'm proud to be an owner of a BENCHMARK setting organization."
-Ron Wright, Benchmark Real Estate Services

“Being a Preferred Unit Owner is essential for our company. This allows us to have input, as well as a vote, on the direction of our MLS. I cannot imangine being in business and not having a say in the directions of our MLS, especially considering the minimum investment amount that is required."
-Tim Binning, RE/MAX All Pro

About MRED

Midwest Real Estate Data (MRED) is the real estate data aggregator and distributor providing the Chicagoland multiple listing service (MLS) to nearly 40,000 brokers, agents and appraisers and 8,000 offices. MRED serves Chicago and the surrounding "collar" counties and provides property information encompassing northern Illinois, southern Wisconsin and northwest Indiana. MRED delivers over twenty products and services to its customers, complementing connectMLS, the top rated MLS system per the latest WAV Group MLS Technology Survey. Connect with MRED at MREDLLC.com.

MARCH 2014
 
What's New

Check out the training opportunities at MREDLLC.com/training. All MRED training - hands on, webinars, custom office training, videos - is FREE.

Check out our updated Facebook Training Page


 
 
Tell your agents to:

MRED Officers for 2014:

Jeff Gregory, Board Chair

John Matthews, Vice Chair

Chuck Dinolfo, Treasurer

Kara Keller, Secretary

Russ Bergeron, President & CEO

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MRED is committed to giving superior customer service.
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DISCLAIMER: PLEASE ALWAYS CHECK WITH YOUR MANAGING BROKER OR OFFICE MANAGER TO ASCERTAIN IF ANY OF YOUR OFFICE POLICIES SUPERCEDE ANY GENERAL RULE, INFORMATION, SUGGESTION OR OFFER ABOUT THE MLS SYSTEM, OTHER MRED PRODUCTS/SERVICES OR REAL ESTATE IN GENERAL CONTAINED IN THIS COMMUNICATION. NOTHING HEREIN IS LEGAL ADVICE.

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