I’m writing this on Sunday night, because there was something tickling the back of my head all week as I was thinking about Zillow’s announcements. That itch got scratched in part because of my friend Phillip Cantrell’s post on LinkedIn (which I have reposted with permission here) which answered one piece of the puzzle. Another … Read more
[Editor’s Note: This article first appeared on Phillip Cantrell’s LinkedIn page. If you don’t know Phillip, and you have an interest in real estate, you should. I am reposting with his permission but you probably should at least follow the man on LinkedIn. His bio is below. The post has been very lightly edited for … Read more
By now, you have probably heard the news that Zillow launched a “residential brokerage”, will join the MLS, and use the MLS IDX feed to power its dominant website. Just at random, here’s one news story from The Real Deal covering the announcement: For years, Zillow denied it had plans to become a brokerage. But … Read more
So with the news that the rumors of a “merger” between Opendoor and Social Capital (IPOB) were in fact true, I thought a quick followup might be helpful, if not to you, then to me as I think through things by writing about them. It would be worthwhile for you to watch the presentation, especially … Read more
Just found out from a VIP reader (thank you!) that Opendoor is supposedly in merger talks (and by merger, it’s really an acquisition) with a specialized investment vehicle named Social Capital. The story from Business Insider: Opendoor, a property technology company, is in advanced talks to go public via a merger with Social Capital Hedosophia … Read more
You take the blue pill – the story ends, you wake up in your bed and believe whatever you want to believe. You take the red pill – you stay in Wonderland and I show you how deep the rabbit-hole goes. – Morpheus, The Matrix Let me be honest here — I’ve been saying more … Read more
It appears that Realtor.com has finally made a foray into the most important thing to happen to real estate since the invention of the 30-year fixed rate mortgage. And I can’t help but yawn. So many phrases come to mind: What took you so long? A day late, and two billion dollars short. The Big … Read more
It’s been a while, hasn’t it? I apologize to you all, but I’ve been neck-deep in a very important project that’s taken months of my life to setup. The last few weeks have been pretty intense. I’m not quite ready to unveil it just yet, but soon… soon…. But having found a couple of hours … Read more
This morning, I woke up to not one but two emails about Rental Beast, a new startup that proposes to become the MLS for rentals and integrate it with existing MLSs. One was from WAV Group, doing their PR thing, so I didn’t pay a whole lot of attention. But the second one was from … Read more