On BrightMLS’s Off-MLS Study

I’m busier than a one-legged man at a butt-kicking contest… but I wanted to get this post up as the folks over at BrightMLS (Thank you, Rene! Thank you, Elliot!) were kind enough to chat with me on Friday. It will necessarily be short… well… short for me. In case you missed it, BrightMLS recently … Read more

Do the Rich Need Buyer Agents?

Last week, I saw something that is not an uncommon sight here in Las Vegas. This was parked outside my office building. That is a 2021 Lamborghini Urus (it had paper plates still on it). This is a car which starts at $222K but with options and such, it’s normally for sale around $300K. I … Read more

The Notorious POD Ep 20: Scott Brady on Integrated Brokerage + Property Management

As the country steadily moves towards #RenterNation, the future of brokerage may be in a combined horizontally integrated company that offers services in property management, leasing, and property sales. I speak to Scott Brady, owner of Progressive Property Management, Progressive Association Management and Partners Real Estate Group, and a pioneer in the combined prop. mgtm … Read more

Brief: Inflation and Brokerage Profits

I’m super busy with a couple of important projects, and I’ve been up in the mountains celebrating the Sunny Freedom Tour ’21, so time is a bit short. But I did want to share something that I thought was interesting. As you know, I’m of the opinion that real inflation is way higher than the … Read more

Musings On Incentives

I had a long conversation recently with a friend who is serving as the president of a large REALTOR Association. He had heard my latest podcast in which I debate two of my friends about the value of the REALTOR brand, about the Association, about professionalism, and so on and he had questions. It was … Read more

The Notorious POD Ep 19: Prof. Scott Hemphill on Antitrust Issues in Real Estate

I interview Prof. Scott Hemphill, Moses H. Grossman Professor of Law at NYU School of Law and co-director of the Engelberg Center on Innovation Law and Policy. There aren’t many human beings who would be a better expert to speak to regarding the various lawsuits in the real estate industry. We discuss the various class … Read more

The Notorious POD Ep 18: Agent Teams, Zillow, Competition with Jeff Sibbach and Phil Sexton

In this episode, I speak with Jeff Sibbach and Phil Sexton of the Sibbach Team in Phoenix, AZ. We talk about the realities of today’s real estate, how top agent teams are functioning today, and why he believes Zillow is in fact a competitor. We get into a lot of issues including data, IDX, competition … Read more

The Implications of Financial Investors in Real Estate

Last month, I wrote a post wondering what financial investors might be thinking and noted that the post was almost entirely speculation: Yet, every single day, we hear about buyers getting outbid in ludicrous ways. I recorded a podcast with a broker in San Antonio the other day, and he made the point that on … Read more