Opendoor.com and the Power of Radical Questions

A couple of days ago, a friend of mine in the commercial real estate space asked me about Opendoor.com. I had no idea what he was talking about, so I went over to look at what that’s about. Well, this is what the website looks like right now: Hm. “The easiest way to sell your … Read more

Clareity Goes Back to the Future Beyond Syndication

My friends at Clareity, Gregg Larsen and Matt Cohen, have just released a white paper they co-authored titled Beyond Syndication that is worth reading in full if you’re interested in this sort of thing. They include an overview of where things stand today, and then make a recommendation or two. Despite the fact that I … Read more

Some Thoughts on Move & NAR v. Zillow & Samuelson

The judge in the non-compete-disguised-as-a-trade-secrets case between Move & NAR v. Zillow & Errol Samuelson has issued a preliminary injunction that looks like a big win for REALTORS and REALTOR-lookalikes. Inman News has the story, and the actual order itself (PDF). As a an interested bystander, the whole thing is sort of sad. Wish my friends would … Read more

NAR General Counsel Warns About Dangers of Failing to Syndicate

In case you haven’t seen this yet, Katie Johnson, the General Counsel of NAR, has written an article that comes as close to a formal legal opinion on dangers of failing to syndicate listings. Well, actually, she warns about the practice of pre-marketing, also known as “Coming Soon” but the logic that she uses applies with full … Read more

Brokerage, Value, Stewardship

https://www.youtube.com/watch?v=gnmvrknV_iA I’ve been incredibly busy with client work and with the excitement that is Neighborhood Advocates, so blogging has been light. Who am I kidding — blogging has been nonexistent. But I was at RETSO last week when one of the panel discussions really struck me. Since I also have an upcoming presentation about brokerages, it … Read more

A Tale of Two Listings: Foreshadowing of the Future

I recently came across two different listings online, and the difference between the two was striking. One listing had 16 photos, with good descriptions of each, and the listing detail was 18 paragraphs long and filled with great detail like: The building is a walk-up and is not handicapped-accesible. There is a flight of stairs to … Read more

Parsing NAR's Organizational Realignment PAG Report: Part 1

NAR Organizational Realignment PAG Report from 7DS Associates   A reader sent me a copy of the official report from NAR’s Organizational Realignment Presidential Advisory Group, and asked for my thoughts on it. This particular document and associated initiatives have been generating quite a bit of conversation, as one might expect. I heard about the main … Read more

CRMLS and MLSListings Do Data Sharing; I Comment

While I was traveling, I got the following press release from MLS Listings: CRMLS and MLSListings Alliance in Real Estate Announced New Era in Cooperation Creates Property Listings “Gold” for REALTORS®, Buyers and Sellers San Dimas, Calif. and Sunnyvale, Calif., April 28, 2014 – In a landmark agreement that redefines the concept of cooperation, California Regional … Read more