Can We Talk About HomeServices for a Minute?

I know, I know. We have talked a ton about Redfin and Realogy and Keller Williams in these pages the past couple of months. It’s because the 2017 earnings reports were released for two of them, and the other one… well, made some bold moves and bolder statements. And the rest of the industry wants … Read more

Method to the Madness: Thoughts on the Redfin 2017 Earnings Call

One of my recurring dreams is that some kind of IPO fever sweeps real estate, and dozens of brokerages go public. I want to see KW’s numbers, hear Hoddy Hanna on an earnings call, gain transparency into what Kuba over at RealtyOne is thinking, etc. I can’t wait for Compass to go public, so we … Read more

The Keller Williams Vision Speech: Followup and Further Thoughts

Yesterday’s post on the keynote Vision speech by Josh Team and Gary Keller at this year’s Family Reunion generated… ah… let’s call it “a bit of passion.” The early batch of commenters took issue — and not in a civil fashion — about what I wrote based on the Inman story. Except for the tone, … Read more

[FREB] On Culture: Show Me the Money!!!!

Over at Inman, Bernice Ross pens a column refuting the idea that traditional brokerages are dying a slow death. It’s worth reading in full because it lays out so much of the conventional wisdom when it comes to brokerages. I like Bernice Ross a lot; she’s a wonderful lady full of the virtues she preaches … Read more

The Future of Brokerage Black Paper, Now Available

So in advance of Friday, which is when I figure most people might have time to read something like this, I wanted to let everybody know that the Future of Brokerage Black Paper is now available. Some of you who requested a copy received it by email a week ago (check your filters if you … Read more