The Realcomp Anti-Trust Ruling Will Affect MLS Syndication

Inman News reports that the Sixth Circuit Court of Appeals has ruled against Realcomp II in a years-long case: Michigan’s largest multiple listing service “unreasonably restrained competition” among real estate brokers by refusing to transmit exclusive agency property listings favored by discount brokers to Realtor.com and other public-facing Web sites, a federal appeals court has ruled. … Read more

In Which I Have Fun With Sam DeBord's Inman Article on Pocket Listing Liability

It’s a busy day here, but I couldn’t resist this. 🙂 Sam DeBord, a really intelligent and perceptive guy, who is also a working broker for Coldwell Banker Danforth in Seattle, wrote a long column on Inman about the possibility of huge liabilities for brokerages because of pocket listings. Read the whole thing. There are … Read more

Dear Brokerages – First, Get The Basics Right

Thanks to a project I’ve been working on for the past few days, I’ve had the pleasure(?) of visiting a number of brokerage websites. As I write this post, Inman NYC is in full-swing, where tech people, consultants, vendors, and experts are telling the assembled brokers and agents on the latest and greatest in innovation. … Read more

Seven Predictions for 2014: Power Ballads Edition

I wanted to get to this before 2014 dawned, of course, but… it was more fun to hang out with my boys. And by that I don’t mean my posse of secret real estate pundits, but my actual biological progeny. In any event, it’s customary here at Notorious to make predictions that are sure to … Read more

Grading Time! Reviewing My 2013 Predictions

Welcome to another edition of an annual tradition, in which I go back and grade myself on my predictions made at the start of this year. My track record so far: 2010 Predictions: 6 of 10 (.600) 2011 Predictions: 4.5 of 7 (.642) 2012 Predictions: 2 for 7 (.286) As ever, I hope to be … Read more

Notorious POD: Episode 10 – More on AgentMatch with Ernie Graham of Realtor.com

  In this episode, Ernie Graham, Director of Product Management for REALTOR.com, joins us for an in-depth discussion about AgentMatch, what consumers want, and what the industry needs to do. AgentMatch — a system in beta testing in two markets — has been controversial of late because it uses MLS data to “rank” agents based … Read more

Realogy, Trulia, Rumors, Black Swans: Weaving the Tapestry

  A couple of days ago, there was a rumor floating around Wall Street that Realogy would acquire Trulia. Both Trulia and Realogy threw cold water on that dream quickly. Nonetheless, I found the whole thing fascinating, since a similar scenario was exactly a “Black Swan” event I used to amuse the audience at the … Read more

The Dog That Did Not Bark: NAR MLS Policy Committee Meeting

“Is there any point to which you would wish to draw my attention?” “To the curious incident of the dog in the night-time.” “The dog did nothing in the night-time.” “That was the curious incident,” remarked Sherlock Holmes. – Silver Blaze, The Memoirs of Sherlock Holmes I thought I might do a recap of the … Read more

Notorious POD: Episode 9 – A Conversation on the MLS

  I know many of you are at the NAR Convention in San Francisco, and I’ll be headed there soon myself. But I wanted to upload this so you’ll have something to listen to on long plane rides and such. 🙂 Click on the picture above if you want to be taken to the iTunes … Read more