Redfin’s long-awaited IPO is here. Rob’s as-usual-lengthy breakdown is here. It’s full of interesting angles to consider, and some real positives for Redfin’s outlook. As you probably guessed, since I’m here guest posting again, I think a few points might need refining. Why, you might ask, would a broker be giving credit to a competitor? … Read more
Since I wrote most of the last post about Redfin’s IPO off-the-cuff without thinking too hard, I promised I would have something more substantive on Redfin’s IPO and the possible impact. Well, as it happens, I’m writing up a fairly significant white paper on the future of brokerage and this goes right to the heart of … Read more
I have been waiting, wanting, hoping for Redfin to go public for a few years now. For a bunch of reasons, mostly having to do with getting another company in real estate to have to report publicly about their operations and their numbers. Well, my wish has been granted. Redfin just filed its S-1 to … Read more
I’m going to take a conservative estimate and say that once every few weeks, I get some PR agency emailing me with some news of a fantabulous, world-changing, paradigm-shifting (God, I love those Web 2.0 words, like paradigm), baldness-curing new technology around… you got it, home search. This is not at all an atypical example: #RealEstate Entrepreneur, Avantika Shahi Launches Revolutionary #HomeSearch Platform … Read more
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
Welcome, faithful readers to an annual tradition here at Notorious ROB: making predictions for the coming year that are Guaranteed to be Wrong, or Your Money Back! The musical pairings for this edition comes from the extraordinary and extraordinarily unique French cover band, Nouvelle Vague. I mean, who else does remakes of 80’s new wave hits … Read more
Inman reported on 4/30 that Redfin was going live in Las Vegas – going live, meaning they would have real agents with boots on the ground rather than relying on just one broker to give them a virtual presence in the market and access to the MLS. In a blog post entitled “Redfin and the Seeds … 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
My friends over at Clareity Consulting have released a new white paper entitled, “Is Your IDX Website Mobile Friendly, or Driving Away Business“. You can download the PDF by clicking on that link. It’s a really solid report if you’re in the market for a new IDX website, or need to redo your existing one … Read more