Does Branded MLS Data Matter? A Proposal for An Experiment

Yesterday, your faithful correspondent was part of an interesting session held by the Council of MLS (CMLS) here in Anaheim on branding or certifying MLS data. The basic premise with which the meeting began was something like the following: The MLS has a strong brand for trustworthiness and accuracy in the consumer’s mind Consumers assume … Read more

Zillow Acquired Diverse Solutions: Three Interpretations

  So Zillow buys up IDX provider, Diverse Solutions. First of all, congratulations to Justin LaJoie and the rest of the team at Diverse Solutions, as well as to Spencer Rascoff and the folks over at Zillow. I don’t know what the real motivations behind the acquisition were, but at a minimum, you can say … Read more

CMLS Reviews New IDX Policy: Thoughts and Takeaways

I just got finished with the webex presentation put together by CMLS (Council of MLS), an altogether wonderful organization for those people who care about these arcane issues. I’m sure the recording and/or the transcript would be posted by CMLS soon enough. This is just a couple of first impression questions/thoughts. There are three main … Read more

REALTOR Dues to Pay for RPR? (UPDATE: CONFIRMED! Plus More!)

  As a blogger, rather than a “credentialed journalist” (whatever that means), I have the freedom to just pass on rumors, as long as I label them as such. Well, consider this one of those rumors I have not confirmed yet. [UPDATE] I just got a second person to confirm the rumor. Two people saying … Read more

Franchise IDX Is Dead! Long Live Franchise IDX!

At first glance, the biggest change in the new IDX Policy to be proposed at NAR Anaheim is that it removes entirely the section allowing Franchise IDX. The entire section is struck. There will be much rejoicing in the anti-Franchise IDX partisans, and much gnashing of teeth in parts of New Jersey, Texas, Colorado, and … Read more

Why Don't We See More Auctions in Real Estate?

A curious phenomenon of human nature is the tendency to overvalue what we own. Case in point: fantasy football. I’m in multiple leagues this year as well, and for whatever reason, I really enjoy the trading aspect of fantasy football. And over the years, I’ve definitely noticed a tendency among people to overvalue their own … Read more

From the Annals of Wired Straits: More on Relationships

Ah, the horse ain’t quite dead yet, Matt Dollinger. Nor is the discussion a moot point. I testify, cuz at the September dinner of the Wired Straits Social Club (kinda like a Houston-based Lucky Strikes, which I started in NYC), we discussed this issue at some length. And got something out of it. I figured … Read more