Inman has the story: The 1.5 million members of the National Association of Realtors will see a $10 increase in their yearly bill from the trade group next year for its consumer advertising campaign. The trade group’s special assessment for the ad campaign started as $15 in 1999, went to $20 in 2002, $30 in 2007 and … Read more
Suddenly, it’s become like legal issue week here at Notorious. I wrote about the entirely expected certification of class action status in Sitzer v. NAR yesterday. Today, I get emailed the opinion by the 9th Circuit Court of Appeals in the PLS.com v. NAR lawsuit. If the class action opinion from Sitzer required reading tea … Read more
I’m not at Inman New York for a variety of reasons, and apart from a hot karaoke night, I’m not feeling the FOMO yet. However, there is one interesting thing to come out of the event based on reporting on Inman. To make it interesting, I have to connect the dots from three separate articles. … Read more
A reader asked for my take on the 8th Circuit decision in Designworks v. Columbia House of Brokers, the case potentially headed to the Supreme Court. I normally like to do deep dives into legal cases that impact the industry like this one does, but honestly… having read the opinion, and the three amicus briefs … Read more
A recent conversation over at GEM (Geek Estate Masterminds) inspired me to look into something. That something turns out to be a very real use case for the metaverse beyond just gaming and cool factor for the cryptogeek crowd. Granted, I’m already on record as saying that the metaverse is the future of the workplace. … Read more
In the last webinar on Geek Estate Masterminds, Dave Conroy gave a presentation on blockchain, crypto, NFT and DAOs. Dave is not only a true expert on all things blockchain, he is also the Director of Emerging Technologies at NAR and a real forward-looking thinker. Proof? Here’s Dave writing about blockchain’s impact on real estate… … Read more
A reader sent along a short note that JP Morgan wrote after a meeting with CoStar “where management outlined the strategy for residential real estate and provided a couple demos/screenshots from its solutions.” It’s an interesting set of observations by Wall Street and I thought I’d tag along and see what I thought about their … Read more
This is going to be a long and personal post. If you’re more interested in analysis of real estate companies, identifying major trends affecting housing, or explanation of things like web3 and real estate… go ahead and skip this one. This one is for me and maybe, just maybe, for a few of you who … Read more
As most of you know, I used to do in-depth updates for each of the publicly traded companies in the residential real estate sector. Since I’m not an investment analyst, my interest was always on what the public information these companies had to disclose signifies for the real estate industry as a whole. I still … Read more