Quick Observation: Real Estate Agents in the Metaverse?

I’m gearing up to release the next two big annual pieces — grading myself on last year’s predictions and 2022 predictions — but I got yet another email from some PR firm: Investment in virtual real estate has become the talk of the town in the real estate world as millions are being poured into … Read more

The Seven Most Interesting People in Real Estate in 2021

Welcome to another installment of an annual tradition around here: the Seven Most Interesting People in Real Estate in 2021. I look forward to this post, as well as my Seven Predictions post, each year. Last year, I went out of my way to select interesting people who weren’t the Obvious Choices. This year, I’m … Read more

The Inevitability of Commission Compression

For the past few years, the attention of the industry leadership has been focused on the issue of commission compression. The Moehrl lawsuit was the beginning, but the involvement of the DOJ and now the FTC is raising real concerns about what happens to the 6% real estate commission that has been the default for … Read more

The Upside of Doom: Price Signals

I often get accused of being a doom-monger. It’s probably because I kind of am. I mean, I find doomporn fascinating (and clearly, I’m not alone given the popularity of websites like Zerohedge) and I do like to think about — and talk about — what larger trends could mean. I used to have little … Read more

Real Estate, Fiction and Science Fiction

In my consulting work, I often say that strategy is 18-24 months, because things change too fast to make any reasonable plans past that point. It isn’t simply black swan events like the pandemic either; just the pace of technology change is that fast, and if the strategy worked, then the organization should be in … Read more

Notorious POD, Ep 27: Real Estate Photo Copyrights: Issues and Solutions with Vince Collura and Lucy Edwards of VHT

Back in 2018, I had a series called The Red Dot. The very first red dot report was on real estate photography and copyrights. This was then and remains now an important issue for the industry, and one that still remains not very well understood by most brokers, agents, and MLS leaders. So it is … Read more

Notorious POD, Ep 26: Blockchain and Real Estate with Eric Bryant

We return to exploring blockchain technology in real estate with a man whose name was the most often mentioned when I asked my audience for who to speak to. Eric Bryant is a longtime real estate coach and his day job is as the national account director at First American. But he is also the … Read more

Notorious POD, Ep. 25: Problems with REALTOR Compensation with Peter Lohmann

The busy season continues, as I just got off the road and am getting back on it come Monday. But I did find time to edit and upload this conversation with Peter Lohmann of Owner Occupied podcast. In this episode, I speak with Peter Lohmann of the Owner Occupied podcast (link below) about problems with … Read more

Zillow, 2Q/2021: Investors Just Don’t Understand

In a few years, we’ll look back on 2Q/2021 and think that it was an important turning point for Zillow and the industry. Or it might be yet another step forward in the slow march towards the transformation of housing into e-commerce. But either way, looking at 2Q/2021 performance and the investor’s reaction to it, … Read more