Zillow Offers vs. Traditional Selling: Data from Zillow

Back in February, I wrote a post that is one of the top read posts of 2019. It was titled, “Homeowners Net More Selling to Zillow Than With a REALTOR.” I wrote that based on the unit economics that Zillow released in its Q1 earnings call, and I have been collecting data on Zillow Offers, … Read more

The Innate Value of the MLS? Thinking Through a Podcast from Austin Board of REALTORS

Emily Chenevert, the CEO of Austin Board of REALTORS and its MLS, ACTRIS, is one of my favorite people in the industry. We have known each other for years now from when she served as the Government Affairs Director for ABOR, and even then, I knew she was destined for greatness. Emily is smart as … Read more

The Notorious Interview: Bill Fowler, Compass

A different Interview episode than normal, I speak with Bill Fowler, Sr. Director of Industry Relations for Compass, the tech-brokerage who has been making all kinds of waves in recent years. Normally, I like to use the Interview to introduce people and companies that most of you don’t know about, who are doing interesting things … Read more

[VIP] Zillow Unlock Event: Stages of Grief

Zillow’s big event for its IMT segment — Premier Agents, Rentals and New Construction — just concluded in my (new) hometown of Las Vegas. I attended Tuesday as a member of the press, because when the United States Department of Justice calls you a “trade publication” who am I to disagree? So first, let me … Read more

Pro Tip: Words Matter, But Actions Matter More

Happy Friday everybody! With due apologies to my Ohio State fans, I confess I’d really like to see Wisconsin drub the Buckeyes tomorrow to throw the entire CFB playoff picture haywire. Wouldn’t mind seeing Arkansas shock the world either. In any event, over on Vendor Alley, the co-host of Industry Relations, Greg Robertson has some … Read more

[VIP] The Notorious Interview: Mike Maher, Houwzer

Hot on the heels of the Alex Doubet interview, I’m pleased to give you all an interview with the CEO of yet another innovative W-2 brokerage. Mike Maher is the Co-Founder & CEO of Houwzer, a W-2 based flat listing fee brokerage based in Philadelphia with operations in the Philly Metro and Washington DC Metro … Read more

MLS Path Forward: Further Thoughts

Those of you who attended the CMLS annual conference in Salt Lake City have already heard the presentation that David Charron and I did at the close of Thursday. Hopefully, many of you downloaded the free white paper that we released and have or will read through our ideas there. If you did not attend … Read more

[VIP] The Notorious Interview: Alex Doubet, Door

Today’s Notorious Interview is of a super-interesting, super-smart guy many of you probably have never heard of. His name is Alex Doubet, and he is the founder and CEO of Door, a unique brokerage based in Dallas. He is also a VIP Subscriber and a longtime reader of Notorious. Door is an interesting brokerage that … Read more