In a few years, we’ll look back on 2Q/2021 and think that it was an important turning point for Zillow and the industry. Or it might be yet another step forward in the slow march towards the transformation of housing into e-commerce. But either way, looking at 2Q/2021 performance and the investor’s reaction to it, … Read more
I interview Prof. Scott Hemphill, Moses H. Grossman Professor of Law at NYU School of Law and co-director of the Engelberg Center on Innovation Law and Policy. There aren’t many human beings who would be a better expert to speak to regarding the various lawsuits in the real estate industry. We discuss the various class … Read more
In this episode, I speak with Jeff Sibbach and Phil Sexton of the Sibbach Team in Phoenix, AZ. We talk about the realities of today’s real estate, how top agent teams are functioning today, and why he believes Zillow is in fact a competitor. We get into a lot of issues including data, IDX, competition … Read more
This is going to be a relatively short post. Frankly, because I’ve run out of ways to say the same thing quarter after quarter. If you’re new around here, please go back and re-read everything I’ve written about Zillow after every one of Zillow’s earnings calls. Then you can check out my June 2018 Red … Read more
Earlier today, we all got the news that CoStar is buying Homes.com from Dominion for $156 million cash: WASHINGTON–(BUSINESS WIRE)– CoStar Group, Inc. (NASDAQ: CSGP), the leading provider of commercial real estate information, analytics and online marketplaces, announced today that it has reached a definitive agreement to acquire Homes.com, a division of Dominion Enterprises, for … Read more
There must be something in the water. I got three separate emails recently regarding publicly-traded brokerages. Two were on EXPI because they hosted an analyst day, and one was on Compass. Plus, there’s a lot of noise out there debating whether Compass is a tech company or a brokerage or whatever. Since I’ve been covering … Read more
Happy Friday everybody. I’m back from the road, because, yeah, that started again. I wasn’t thinking of writing anything today, but then I heard the latest Randing and Raving from Bill Risser and Joe Rand. It’s an entertaining podcast because Bill and Joe are super entertaining guys. Go subscribe! In any event, the question that … Read more
Late last week, Rob and I connected and, once again, he gave me some feedback on my work. His latest recommendation is that I familiarize myself more with the current broker landscape. His June 2018 Red Dot on Zillow, Redfin and Realogy is where I have begun taking a deep dive. While I don’t expect … Read more
Okay, so I got into a discussion on Facebook with Glenn Sanford of eXp on the difference to the seller between selling to Zillow Offers vs. listing with a traditional agent (Full Service Agent, as per Glenn). I thought it was an interesting little intellectual exchange, but then Inman picked it up as an actual … Read more