Inman News reports that the Sixth Circuit Court of Appeals has ruled against Realcomp II in a years-long case: Michigan’s largest multiple listing service “unreasonably restrained competition” among real estate brokers by refusing to transmit exclusive agency property listings favored by discount brokers to Realtor.com and other public-facing Web sites, a federal appeals court has ruled. … Read more
It’s a busy day here, but I couldn’t resist this. 🙂 Sam DeBord, a really intelligent and perceptive guy, who is also a working broker for Coldwell Banker Danforth in Seattle, wrote a long column on Inman about the possibility of huge liabilities for brokerages because of pocket listings. Read the whole thing. There are … Read more
I don’t often do these “guest posts” because, well, most such “guest posts” are thinly disguised advertisements for some company or another. I have a co-blogger in the Notorious B.O.B. Bemis, but that’s different. But I thought this post by Jeremy Conaway of RECon Intelligence Services, was really interesting for the points he brings up. … Read more
Although we got to the end of the road Still I can’t let go It’s unnatural You belong to me I belong to you My co-blogger, Notorious BOB Bemis, wrote one of his finest works over the holidays and suggested that perhaps it was time for a divorce between Move and NAR. I was ah… deeply engaged … Read more
I wanted to get to this before 2014 dawned, of course, but… it was more fun to hang out with my boys. And by that I don’t mean my posse of secret real estate pundits, but my actual biological progeny. In any event, it’s customary here at Notorious to make predictions that are sure to … Read more
Welcome to another edition of an annual tradition, in which I go back and grade myself on my predictions made at the start of this year. My track record so far: 2010 Predictions: 6 of 10 (.600) 2011 Predictions: 4.5 of 7 (.642) 2012 Predictions: 2 for 7 (.286) As ever, I hope to be … Read more
A couple of days ago, there was a rumor floating around Wall Street that Realogy would acquire Trulia. Both Trulia and Realogy threw cold water on that dream quickly. Nonetheless, I found the whole thing fascinating, since a similar scenario was exactly a “Black Swan” event I used to amuse the audience at the … Read more
“Is there any point to which you would wish to draw my attention?” “To the curious incident of the dog in the night-time.” “The dog did nothing in the night-time.” “That was the curious incident,” remarked Sherlock Holmes. – Silver Blaze, The Memoirs of Sherlock Holmes I thought I might do a recap of the … Read more
I know many of you are at the NAR Convention in San Francisco, and I’ll be headed there soon myself. But I wanted to upload this so you’ll have something to listen to on long plane rides and such. 🙂 Click on the picture above if you want to be taken to the iTunes … Read more