Something must be in the air. Within a fairly short period of time, I’ve had emails, phone calls, and direct messages about the perils of listing syndication. In the last couple of days, two extremely smart, extremely influential people have written on topics that revolve around the issue of syndication. The first is John Heithaus, … Read more
Now that I am a consumer in the real estate market, having moved from New Jersey to Texas (like so many others) and therefore having placed my house in the hands of a Realtor, I get to have some cool experiences. I wanted to share one of them with you all, especially the real estate … Read more
As I’m sure you all have heard by now, Google has decided to beat a hasty retreat from real estate: In part due to low usage, the proliferation of excellent property-search tools on real estate websites, and the infrastructure challenge posed by the impending retirement of the Google Base API (used by listing providers to submit … Read more
Sami Inkinen, co-founder of Trulia, has written a blogpost about the future of syndication where he raises some important questions about where the real estate industry is headed with distribution of listings: Now that listing syndication has become a mainstream practice and “syndication sites” like Trulia have grown to serve millions of users, an old … Read more
So tomorrow is going to be my last day in New Jersey as a resident, unless something really dramatic happens and I get incarcerated here. I have a bunch of random, somewhat conflicted, thoughts going on and figured I’d share four of them here with you. This got long, partly because I’ve gone through quite … Read more
So here I am sitting in my hotel room on Monday afternoon. I came in early because I had wanted to attend REBarCamp NYC being put on by the awesome folks at Lucky Strikes Social Media Club. You will notice the word “had” in the preceding sentence, because I just decided I’m not going to … Read more
It appears that the Massachusetts Supreme Court may rule soon on whether transfers of mortgages were properly done in a case called Ibanez. [UPDATE: The Court has ruled; the banks have lost, and we’ve got a problem. More on this later.] The lower court has already ruled (twice) that the foreclosures were invalid because the … Read more
Alex Perriello, the CEO of Realogy Franchise Group (the parent company of Coldwell Banker, Century 21, ERA, Sotheby’s, and Better Homes & Gardens), who used to be my boss’s boss, has an op/ed in yesterday’s New York Times. In it, he proposes a novel solution to the foreclosure crisis: Fortunately, there is a solution. Rather … Read more
Since not everyone who reads Notorious checks out my blogging on 7DS… I’d really like your thoughts on my last two posts. They’re scaring the crap out of me, and I’d love to get any counter-arguments or counter-evidence. Here they are: Title Issues in Foreclosuregate Foreclosuregate and Systemic Risk Thanks, -rsh