Let us continue with the hope-mongering, looking at the bright side of armageddon (for the real estate industry). This entire series assumes that some combination of civil anti-trust lawsuits and the federal government results in the end of cooperating compensation. There’s already quite a bit of handwringing going on about that prospect, with authors and … Read more
I’ve been busy, including my first actual physical business trip in quite a while. I am happy to report for those who might have FOMO that air travel is even less pleasant than it was pre-virus. Trust me, you ain’t missing nothin’. In the strat plan session I ran, we talked about the commission lawsuits … Read more
Happy Friday everybody. I realize most of you won’t get to this until tomorrow or perhaps Monday, but since I’ve been working on the Zillow Q2 earnings analysis (likely publishing on Monday), I wanted to end the week on a… well… interesting note. Most of you have seen the headlines on Inman about Zillow’s massive … Read more
It seems pretty obvious now that the rest of the industry is waking up to the fact that iBuyer is not a blip on the radar, is not We Buy Ugly Houses with websites, and is something new altogether. The picture above and the quote from Glenn Kelman of Redfin at the recent T3 Summit … Read more
Over on the Book of Faces, in the Inman Coast to Coast group, there’s quite a discussion that erupted from something that Redfin does. You might not be able to view it, although this is a public group, so go ahead and join it if you can’t. Let me not bury the lede: I don’t … Read more
I’ve been traveling almost nonstop for a few weeks, so things have been light in the blogging department. My latest stop was Stefan Swanepoel’s T3 Summit in Los Angeles last week, a fabulous event made even more fabulous this year because of agent Eric Boyenga of the Silicon Valley Real Estate Team. T3 attracts the most powerful people … Read more
Blogging, social media, and work activities have been at an all time low. Big part of the reason is that the above is my view right now, except that you can’t see the turquoise waters of the Caribbean glistening like a carpet of gems…. So yeah, getting on the ye olde laptop is not real … Read more
The other day, I let you all know about the bomb that British Columbia in Canada dropped on the real estate industry. I’ve spent some time reading the full report, and while this is still sort of an early first-reaction, I think there are a few things to worry about from that report, certainly for Canadian … Read more
Over on the Texas Association of REALTORS website, there’s a reprint of an article from the December 2015 issue of REAL Trends entitled “Why technology will never replace REALTORS.” I’ll wait for the cheering to die down a bit. OK. Good? OK, moving on then. Steve Murray, who is one of my heroes in the industry, basically … Read more