A couple of months ago, I took a taxi for the first time in years. I was at an airport where the Uber pickup was a long walk away, while the taxi stand was right there at the curb where one exits the terminal. I figured, what the hell – the cab is right here. … Read more
This will be a very brief post, as I’ve got a ton of work to do. But I had to put this up somewhere just to get some thoughts. As you can see from the image above, we are now roughly at the same point ABOVE the height of the real estate bubble in Q1 … Read more
I hesitate to write this. I really do. The reason is that I have so much admiration for Gary Keller, who is on my list of the top five most important and influential people in the history of the residential real estate industry. (The other four are: Colbert Coldwell, Dave Liniger, Arthur Barnhisel, and the … Read more
One of the things I missed while finishing up the July Red Dot was this well-done interview of Redfin’s Glenn Kelman in Inman. Andrea Brambila doing her rockstar thing again. I’m thinking through what Redfin wants to see happen, but one passage in particular caught my attention. At one point, talking about incentives for agents … Read more
Mike Delprete, the man behind Adventures in Real Estate Tech, recently sent out an email newsletter (I can’t find the article on his website) about OfferDepot: A Keller Williams team in Phoenix recently launched OfferDepot, an instant offer play, to “help with all the confusion with cash offers vs bringing your home to market.” Why … Read more
Blogging has been very light (well, non-existent) because I’m putting the finishing touches on the July Red Dot on MLS of Choice, and… as I’m sure you’ve noticed, a site redesign! So due apologies to everyone. Then again, there hasn’t been a whole lot of news worth discussing either… until now. According to a new … Read more
It hasn’t even been 24 hours since the joint DOJ-FTC workshop on competition in real estate ended. I’ve heard quite a bit, and although one would think listening to panelists in a controlled environment talk about what ought to be truly mind-numbing topics to regular humans, I wasn’t bored at all. Not sure what that … Read more
Happy Friday, everybody. I’m deep in the heart of final edits on the June Red Dot report, tentatively titled “Zillow, Redfin, Realogy: The Shape of Things to Come” so haven’t been blogging as much. But in writing the June report, I looked at eXp in some detail as a comparable. In future reports, I may … Read more
Joe Rand is one of the smartest guys in the industry, not to mention one of the nicest. He’s an author, who wrote the book on how real estate can deal with disruption. He’s also a terrific singer, in case you didn’t know. In a recent Inman Op/Ed, Joe says that it isn’t NAR’s job … Read more