The Machine and the Real Estate Agent

I’m taking a break from writing my February report, and thought I’d think through something with you all. It’s not directly relevant to my Red Dot topic, but it’s so interesting that I couldn’t help but want to do some “read what I wrote to see what I think” type of a thing. We all … Read more

Seven Predictions for 2019: K-Pop Edition

[Posted earlier at Inman News; now that it’s actually 2019, figured it was safe to post to my site for posterity.] So it turns out that I started doing musical themes in 2011 with the Techno Edition for 2012. I’ve done great music (like Alison Krauss and Union Station) to hair-curlingly cringey music (like the … Read more

The Seven Most Interesting People in Real Estate, 2018 Edition

Welcome back to another edition of The Seven Most Interesting People in Real Estate. I know, I know, as a friend of mine said on Facebook, “Great, yet another list.” It does seem like there are a lot of lists in our industry. But what the hell, I do this mostly for fun anyhow, and this … Read more

December Red Dot: Darkness Comes – Excerpts and Special Offer

The December Red Dot, Darkness Comes: Q3 and the Rise of Redfin, is now published and live. I’m pretty proud of it, but I thought I would write this post because I think this report might actually be important. If you are in real estate, or interested in the industry, if you read nothing else … Read more

Zillow, Redfin and the Tinderization of Real Estate

I’m deep into writing the December Red Dot, which will be on the Q3 earnings calls and what they portend for the industry, but there’s an angle to this I’m trying to work out. My initial thoughts were interesting enough that I figured I’d work them out with all of you. I ain’t gonna front … Read more

The Case for iBuyer Becoming the Default

Recently, I saw a thread on Facebook that referenced this post from TheStreet.com, in which Jim Cramer and Marc Chaikin just trash Zillow: Marc Chaikin, founder and CEO of Chaikin Analytics, compared the company to a “landmine” in his webinar with Jim Cramer Wednesday, Nov. 7. Cramer jumped in and said, “if you have Zillow … Read more

Things Become Clearer: NAR vs. Zillow; C2EX vs. Best of Zillow

I’ve been busy researching and writing the November Red Dot, which has now been published. But as often happens, when I’m deep in that project, blogging gets light. I apologize. It appears there are a few things to talk about, but none are more important or more interesting than two recent announcements by NAR and … Read more

On the Opendoor Acquisition of Open Listings

Just thought I’d drop a brief (well, for me) note here about Opendoor’s acquisition of Open Listings, in between preparing for hurricane Florence…. Inman News has the story: Flush with hundreds of millions in venture funding, the fast-growing home-buying and selling startup Opendoor is making its first acquisition: Open Listings, a discount brokerage with a team of salaried in-house … Read more

iBuyers Are Not House Flippers: Spencer Rascoff Edition

In the August Red Dot, The Truth About iBuyers, I made the point that the real estate industry fundamentally misunderstands what the iBuyer movement is all about: Perhaps because the pioneer of iBuyer was Opendoor, which focused on the selling experience at launch, the real estate industry has perceived iBuyers to be something like technology-powered … Read more