Inman News has a couple of articles on the RE/MAX Broker Owner Conference going on right now. The first is on Dave Liniger, the founder of RE/MAX and first ballot Hall of Famer, giving advice on surviving recessions, and the second is on Nick Bailey, Chief Customer Officer, talking about how real estate is in … Read more
As longtime readers know, I have often written about the issue of misclassification of employees as independent contractors, since that is the key linchpin of contemporary real estate practice. For example, you can start here: On California’s New Gig Economy Law: Don’t Relax Just Yet and just google the rest. So this is a brief … Read more
Thanks to the research I’ve been doing for the Q2 Report (releasing soon, I swear!), I kind of figured that RE/MAX was going to have a mediocre quarter. And there was a light at the end of the tunnel. I suppose that light still exists but… I’m trying to make sense of the disaster that … Read more
Let me get this quick hitter out, as the numbers posted by EXPI for Q2/2020 are awesome. I mean, they just killed it. There’s no two ways about that, right? But you don’t come here to get just surface analysis; that’s available elsewhere. So while I think EXPI had a fantastic Q2, and frankly, a … Read more
I’ve decided to change up how I go about analyzing the quarterly earnings reports from the five public companies in residential real estate. Part of it is that I’ve started a new investor-focused set of products and services (contact me if you want more information) but the other part is that the old way of … Read more
[UPDATED WITH RESPONSE FROM COMPASS] This will be a brief one, but it’s so interesting I had to share. I just got off the phone with a very senior executive at a major national brokerage who relayed a rumor that he or she has been hearing from other senior executives throughout the industry that the … Read more
This morning, I woke up to not one but two emails about Rental Beast, a new startup that proposes to become the MLS for rentals and integrate it with existing MLSs. One was from WAV Group, doing their PR thing, so I didn’t pay a whole lot of attention. But the second one was from … Read more
After the past week, it is rather delightful to be writing about real estate issues for a change, rather than big social questions and difficult issues. Without further ado, let’s get into it. Mike DelPrete, a consultant and analyst of real estate technology, sent an email to his list today with the title, “iBuyers Turning … Read more
This is the followup to the first post, in which I asked whether the real estate industry was serious about race and racial issues. I am choosing to believe that we are, and that the various leaders speaking out about the need to do something are serious about that. If so, we should see more … Read more