I had a conversation with a friend in the industry about some of the “what comes after?” stuff, probably like everybody else in the real estate business. While most of the “what comes afterwards?” was a bit of a downer, there was one thing we both agreed is a positive. We both believe that we … Read more
Happy Friday, everybody! Hope everyone is keeping safe and healthy, and in as high a spirit as possible given our current situation. Just a quick post to let you know that Greg Robertson and I recorded an episode of Industry Relations with Rob Chrisman, a widely-recognized expert in the mortgage industry. We discuss what the … Read more
I wrote a VIP post recently talking about the Durable investment into Redfin and what it signaled for the future of brokerage. But while writing it, I thought of something that deserves wider discussion. Here it is: Furthermore, after the government response to COVID-19, I am reasonably confident that agent teams will be brought under … Read more
Given my somewhat unique position, I am often amused by the gap between the world of real estate and the world of finance as it comes to news that affects both. A prime example comes to us from the announcement that Redfin raised $110 million in equity funding from Durable Capital Partners. On social media, … Read more
In this episode, I speak to entrepreneur and longtime REALTOR from Toronto, Canada, Mark McLean about an innovative co-equity concept he’s been working on. It’s so interesting that Mark was a high-level executive and successful broker and agent for 30 years, but jumped into a brand new idea. Who says you can’t teach an old … Read more
I’ve been seeing this all over Facebook from well-meaning, responsible REALTORS. It’s possible that people other than REALTORS are posting these things, but so far, I’ve only seen it from REALTORS… because that’s kind of who my sphere on Facebook is. They are posting advice to people, telling them to do the smart thing: So … Read more
I’ve been very, very busy the last few days conducting in-depth interviews with some of the top brokers and agents in the real estate industry. So writing has been nonexistent. Coming up for a bit of air today, I thought I’d post something for the VIP audience that isn’t really getting talked about, but that … Read more
…the key word being “probably” since none of us have any idea how long the current state of affairs will last, how many jobs will be lost, how many companies shut down, and so on. I did some fun thought experiments on an angle that occurred to me earlier today. That thought? “How much would … Read more
After my last post on triage, which was a bit dark, I have decided to spend some time doing something that will shock many of you: optimism and positivity. Fact is, I’m actually a pretty optimistic and positive guy — it’s just that I form opinions based on facts, and the facts are often rather … Read more