The December Red Dot, Darkness Comes: Q3 and the Rise of Redfin, is now published and live. I’m pretty proud of it, but I thought I would write this post because I think this report might actually be important. If you are in real estate, or interested in the industry, if you read nothing else … Read more
I’m deep into writing the December Red Dot, which will be on the Q3 earnings calls and what they portend for the industry, but there’s an angle to this I’m trying to work out. My initial thoughts were interesting enough that I figured I’d work them out with all of you. I ain’t gonna front … Read more
Recently, I saw a thread on Facebook that referenced this post from TheStreet.com, in which Jim Cramer and Marc Chaikin just trash Zillow: Marc Chaikin, founder and CEO of Chaikin Analytics, compared the company to a “landmine” in his webinar with Jim Cramer Wednesday, Nov. 7. Cramer jumped in and said, “if you have Zillow … Read more
Q3 earnings are starting to come out, with Realogy, Zillow and RE/MAX reporting and Redfin and EXPI coming soon. I’m likely going to do a Red Dot on the important takeaways from Q3 (and there are a few, from what I can tell right now) but I typically don’t do RE/MAX in any sort of … Read more
Over at Inman News, Jay Thompson, one of the original RE.net bloggerati, has returned to blogging in triumph with his post “Are iBuyers Going to Ruin Everything for Agents.” Read the whole thing. Jay has been busy with other things, like being the face of Zillow to the real estate industry, the last several years, … Read more
I wanted to write a response to Rob’s article to shed some more light on the details of the Buyer Graph, and to address some of the questions he raised. Rob, who is a great friend and someone I respect immensely, has graciously allowed us to publish our response here. Thank you, Rob. Fundamentally, the … Read more
I’m deep into writing the October Red Dot, but Andrew Flachner of RealScout sent me a personal email this morning with his Open Letter to the industry attached. He’s spoken to me before about this initiative, and asked if I would write about it. Well, the Open Letter is now published, and Inman News has … Read more
Rob and I were supposed to be in Wilmington, NC today to present some new sessions at the State REALTOR Conference, Xchange. We watched as Hurricane Florence gained strength across the Atlantic with estimated landfall near Wilmington, and quickly realized that the event would be cancelled. In an email from the NC REALTORS staff today, … Read more
So a couple of weeks ago, we got news that Move (the parent of Realtor.com) agreed to acquire Opcity for $210 million. Since that means Realtor.com will be taking a percentage of the agent’s commission as referral payments, I figured it’s just a matter of time before Zillow walks through the doors that Move has … Read more