[VIP] Redfin Direct vs. Zillow Offers At Full Scale: A Thought Experiment
May 26, 2019
[I will be on the road all next week so blogging will be a bit light. I hope the flurry of activity in recent days
Articles filed under V.I.P.
[VIP] One Month of Zillow Offers in Phoenix: An Analysis
May 23, 2019
In a previous post, I looked at some of Opendoor’s transactions in Florida and drew some conclusions on very limited data. Well, I got my
[VIP] Hot Take on NAR’s Motion to Dismiss
May 22, 2019
In the all-important Moehrl v. NAR case, NAR has filed a motion to dismiss, and submitted a brief in support of that motion. I’ll embed
[VIP] REMAX Q1,2019 Earnings: Refusing Greatness
May 17, 2019
I don’t often talk about RE/MAX, because it’s not a brokerage. It’s a franchisor, with a business model that doesn’t tell us a whole lot
[VIP] Zillow Q1, 2019 Earnings: Confidence and Clarity
May 10, 2019
Zillow reported its Q1/2019 earnings yesterday, and it was the first “real” earnings call with Rich Barton at the helm. As much as I missed
[VIP] Redfin Q1, 2019 Earnings: Mystery Inside an Enigma Within a Puzzle
May 9, 2019
Redfin reported its Q1/2019 results earlier today… and it’s like one of those Russian nesting dolls, except it’s a bit of a mystery inside an
[VIP] Don’t Tell Yourself Pretty Lies, Part 2: Opendoor Sales Analysis
May 6, 2019
In Part 1, I looked at the economics of iBuyers generally, and concluded that we need to analyze them as market makers, using market maker
[VIP] Realogy Q1/2019: Things Done Changed
May 3, 2019
In my final Red Dot, where I looked at the full year 2018 earnings results for the public companies in real estate, I titled the
[VIP] Don’t Tell Yourself Pretty Lies About iBuyers, Part 1: Economics of iBuyer
April 30, 2019
Recently, there was an excellent post about iBuyers from Homebloq, a company that appears to sell some sort of a mobile app “connecting Chicago brokers