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
I seriously thought about not writing this post. For one thing, this is complicated stuff, and I thought maybe it deserves to be a Red Dot Report in the near future. That might still happen, depending on how things play out over the next few months. This is also one of my Black Swans coming … Read more
Over on the Book of Faces, in the Inman Coast to Coast group, there’s quite a discussion that erupted from something that Redfin does. You might not be able to view it, although this is a public group, so go ahead and join it if you can’t. Let me not bury the lede: I don’t … Read more
[Note: I advised Zillow on its communication plan for rolling out the program I discuss herein. I do not have an ongoing relationship with Zillow.] I assume that by now anybody who is reading Notorious is aware of the big announcement from Zillow: Zillow Group, Inc. (NASDAQ:Z) (NASDAQ:ZG), which houses a portfolio of the largest … Read more
I know, I know. We have talked a ton about Redfin and Realogy and Keller Williams in these pages the past couple of months. It’s because the 2017 earnings reports were released for two of them, and the other one… well, made some bold moves and bolder statements. And the rest of the industry wants … Read more
As many of you know, I was privileged to be at Inman Disconnect this year. This was a different kind of event than ever before — one aimed at getting something done, rather than hearing about what others have done. At the very start of the event, Brad Inman told the gathered leaders that the … Read more
One of my recurring dreams is that some kind of IPO fever sweeps real estate, and dozens of brokerages go public. I want to see KW’s numbers, hear Hoddy Hanna on an earnings call, gain transparency into what Kuba over at RealtyOne is thinking, etc. I can’t wait for Compass to go public, so we … Read more