The Strange Song of Subsidies

Over on the Raise the Bar Facebook Group, I posted a question to the thousand-plus members: Question for this group, because it has so many ultra-engaged and informed people in it. If your MLS proposed to change fees from a flat-fee subscription to a percentage of closed transaction (NB: FMLS in Atlanta area does this), … Read more

Craftsmanship in Real Estate

The perennial discussion around “what makes an agent bad, good or great” has taken an interesting turn. Some sixty odd comments into the thread, which featured numerous adjectives, we get this exchange between two brilliant people who know of which they speak. Josette Skilling, a REALTOR from Maryland, wrote: Great is in the eye of … Read more

Something Positive For a Change: Coldwell Banker Hits A Home Run

Things have been so weird and so negative in real estate for so long that I feel like Notorious has become some sort of a gloomy doom-porn blog, which isn’t exactly my intent. So it makes me happy to report some sunshine and happy stuff for once. The new Coldwell Banker TV advertising campaign absolutely … Read more

Rethinking Brokerages After Redfin 3.0, Part 3

Part 1 is here, and Part 2 is here. Thus far, we have explored why Redfin 3.0 is significant, and the hypothesis that the real estate consumer cannot, will not, or in any event does not form relationships with companies or with brands, but only with another person: the agent. We have looked at the … Read more

Rethinking Brokerages After Redfin 3.0, Part 2

  (Part 1 is here) So in the last post, I made the case that Redfin 3.0 is significant because of who made the decision. Redfin was and remains (a) an innovator in brokerage business models, (b) a technology leader, and (c) led by smart people who don’t make snap decisions. Their decision to move … Read more

Rethinking Brokerages After Redfin 3.0, Part 1

    So many interesting items in the news these days. Last week has been a busy week for blogging. And it ended on a most interesting note. Following all of the excitement around Zillow and Howard Hanna and all that, I saw this news from Redfin: Introducing Redfin 3.0: Redfin Becomes a No-Brainer Redfin is … Read more

Some Thoughts on Zillow’s 2011 Results and Howard Hanna (In Which I Declare Peace In Our Time)

Was it just yesterday when I was speculating on Zillow’s recent hiring of Bob Bemis? Why, yes, yes it was. How things change in 24 hours when you live in interesting times. [Editor’s Note: Obviously, you started writing this on the 15th and didn’t finish? Nice managing the deadline, Rob.] Today, Zillow released their Q4/2011 … Read more

Some Thoughts on Zillow's 2011 Results and Howard Hanna (In Which I Declare Peace In Our Time)

Was it just yesterday when I was speculating on Zillow’s recent hiring of Bob Bemis? Why, yes, yes it was. How things change in 24 hours when you live in interesting times. [Editor’s Note: Obviously, you started writing this on the 15th and didn’t finish? Nice managing the deadline, Rob.] Today, Zillow released their Q4/2011 … Read more

Some Thoughts on Zillow's 2011 Results and Howard Hanna (In Which I Declare Peace In Our Time)

Was it just yesterday when I was speculating on Zillow’s recent hiring of Bob Bemis? Why, yes, yes it was. How things change in 24 hours when you live in interesting times. [Editor’s Note: Obviously, you started writing this on the 15th and didn’t finish? Nice managing the deadline, Rob.] Today, Zillow released their Q4/2011 … Read more