A few nights ago, Sunny and I were talking about the Metaverse. As a former MMO gamer, I posited that it will be the future of the workplace. As someone who had a social life and dated in high school, Sunny thought otherwise. Turns out, she just couldn’t see herself piloting a little cartoon character … Read more
Last quarter, which included the full year 2020 results, I wrote that EXPI turned the corner and is now the most serious competitor to most of the traditional brokerage models in the industry today. Nothing from its Q1 results changes my mind on that assessment, as I wrote last quarter: Absent some kind of major … Read more
Back in Q2 of last year, the headline for EXPI was that they just killed it, but… With Q4 and fully year 2020 results, I think we can remove the “but.” Seems to me that EXPI has turned the corner to some extent. Major challenges remain, but in the core brokerage operations, I think it’s … Read more
Q3 was by all measures a bangin’ quarter, as my wife Sunny might say, for most of the companies in residential real estate. I already wrote about Zillow’s amazing Q3 results, and I thought I would tackle the three major brokerage companies (sorry, Fathom, I’ll get to you as well eventually) that are publicly traded. … 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
[Posted earlier at Inman News; now that it’s actually 2019, figured it was safe to post to my site for posterity.] So it turns out that I started doing musical themes in 2011 with the Techno Edition for 2012. I’ve done great music (like Alison Krauss and Union Station) to hair-curlingly cringey music (like the … Read more
Happy Friday, everybody. I’m deep in the heart of final edits on the June Red Dot report, tentatively titled “Zillow, Redfin, Realogy: The Shape of Things to Come” so haven’t been blogging as much. But in writing the June report, I looked at eXp in some detail as a comparable. In future reports, I may … Read more