MLS Conversions and Zillow Hate

I’ve been engaged on a project that is both interesting and important for a large regional MLS the last couple of months. As part of that project, I’ve spoken to dozens of people — brokers, agents, Association leadership, MLS leadership, etc. — about a variety of topics, which has been, to quote Tony the Tiger, … Read more

What If Real Estate Brokers Worked Like Car Dealerships?

My friend Eric Stegemann, whom many of you already know as a frikkin’ brilliant dude who runs Tribus, posted something on Facebook today and in our banter, got my thinking going. Here’s his post: [fb_embed_post href=”https://www.facebook.com/ericstegemann/posts/10100343757120490/” width=”550″/] And obviously, you can see my comments too. I thought the similarities between car dealers and how they … Read more

Realtor.com Tries to Get the Balance Right

https://www.youtube.com/watch?v=-1_9WYllhiQ Without question, the big topics coming out of NAR Midyear Legislative Meetings were  about RPR-AMP, Upstream, and the future of the MLS. I’ve already written a few posts about them, and expect to write more in the future. But lost in all of that was a big rebrand and relaunch by Move of Realtor.com. … Read more

Syndication vs. IDX By the Numbers: A Response to Sam DeBord

Reader, thinker, and frequent commenter Sam DeBord has written a rebuttal over at GeekEstate to my declaration of vindication re: IDX = Syndication: IDX creates efficiency for brokers, which increases financial profitability for the group as a whole.  Syndication is a less-efficient platform in terms of overall brokerage profits.  Real estate is, on an annual basis, similar … Read more

Notorious POD: Episode 12 – Photos, Copyrights, Liability with Brian Balduf, VHT

  It’s been months since my last podcast, but that’s just how things work out sometimes. But with T3 coming up, I figured I should upload this. Brian Balduf, CEO of VHT, joined me to discuss an issue that’s really going a bit under the radar. His post Now Is The Time to Shield Your … Read more

Zillow, The Industry, and Reading the Tea Leaves

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

In Which I Point Out the Obvious, With Numbers

James Dwiggins, CEO of Nexthome, has become one of my favorite commentators on the state of the industry. He’s extremely smart, has years and years of experience as a broker and now as a franchise operator, and is without question one of the tallest men in the real estate industry. (Maybe Walt Baczkowski, CEO of … Read more

Greed Is Good: In Which I Talk to Victor Lund about the BPP

I just had a fascinating conversation with Victor Lund of WAV Group who is spearheading the Broker Public Portal effort. We discussed a variety of topics from governance to equity to internal politics, shape of the industry, competitiveness, Zillow, Trulia, brokerages, etc. etc. It was awesome, and my thanks to Victor for making the time. … Read more

A Few Thoughts on the New Zillow Group

If you’re in the real estate industry — and why wouldn’t you be if you’re reading this blog — then you know by now that our lords and masters have approved Zillow’s $3.5 billion acquisition of Trulia. The new entity is not named TruZilla, Destroyer of Tokyo; it’s named Zillow Group. I’ve had the opportunity to … Read more