Marginal REALTORS: Five Things an Association Can Do Today

I hope everyone had a wonderful Thanksgiving holiday; I personally got some really great news the day before Thanksgiving, so I had a truly memorable one myself. I even managed to hold on to that feeling of profound gratitude as the sentiment turned from giving thanks to indulging in exercises in gluttony that would have … Read more

Is It Time for Real Estate Marketing to Change?

A relatively brief post today, as I’m still trying to catch up from being on the road so much. Plus, I realized that I’ve been writing about Big Heavy Topics lately, and thought it’d be fun to talk a bit about marketing. Believe it or not, when I started this blog in 2009, my focus … Read more

NBER Study: Conflicts of Interest and the REALTOR Commission Puzzle

Yesterday, I gave a presentation at the Pacific West Association of REALTORS Broker Summit which I named “Bring the Pain”. To be fair, I ask all my speaking clients whether they want the Light, Medium, or Heavy and PWR picked heaviest of the heavy. One of the things I mentioned was a recent Working Study … Read more

Monell v. Boston Pads Ruling: Hold Off on the Jubilation

Earlier today, the Massachusetts Supreme Court handed down its decision on Monell v. Boston Pads, one of two independent contractor status lawsuits that the real estate industry has been watching with baited breath. (The other one, still being litigated, is Bararsani v. Coldwell Banker in California.) Bottomline: the brokerages and the REALTOR Associations that backed … Read more

2015 NAR Midyear Legislative Meetings: Quick Takes, Without Much Thought

I have a feeling we’re going to be talking about a whole variety of things that went down at NAR Legislative Meetings & Trade Expo (aka, “Midyear”) this year for months and years to come. It’s been a great week, but rough on the sleep schedule, so these are not exactly deeply-thought-out opinions here. It’s … Read more

Zillow, The Industry, and Reading the Tea Leaves

This is one of those posts I write from time to time to figure out what I think about an issue. For now, that issue is trying to discern the possible direction of the residential real estate industry in the U.S. If you’re an agent and only care about something that will have a direct, … Read more

A Few Thoughts on the New Zillow Group

If you’re in the real estate industry — and why wouldn’t you be if you’re reading this blog — then you know by now that our lords and masters have approved Zillow’s $3.5 billion acquisition of Trulia. The new entity is not named TruZilla, Destroyer of Tokyo; it’s named Zillow Group. I’ve had the opportunity to … Read more

Who’s Down With BPP? Yeah You Know Me!

https://www.youtube.com/watch?v=6xGuGSDsDrM I figured that my post on the Broker Public Portal would create some conversation, and I didn’t figure wrong. Brian Boero of 1000Watt discussed the BPP on their “Friday Flash” email newsletter, saying: If you want to know all the reasons why a broker-controlled national listing site might not work, read this post from Rob Hahn. I … Read more

Who's Down With BPP? Yeah You Know Me!

https://www.youtube.com/watch?v=6xGuGSDsDrM I figured that my post on the Broker Public Portal would create some conversation, and I didn’t figure wrong. Brian Boero of 1000Watt discussed the BPP on their “Friday Flash” email newsletter, saying: If you want to know all the reasons why a broker-controlled national listing site might not work, read this post from Rob Hahn. I … Read more