The Future of Brokerage is Not Tech, but Networks

Brief Thoughts on Real/Max

The coming of Real/Max is confirmation of the consolidation wave sweeping through the industry, and it changes who the players are and who the players are not.

MRED and Compass Team Up

The MRED and Compass deal is not the last, but the first of many. The lines are drawn and teams are being formed. Neutrality will not be an option for long.

Let's Talk About Techs, Baby

A podcast provides a great reason to think about Zillow's AI Investor Day a month ago.

Not Broken, Just Bent

In which I continue the conversation with Nick Aufenkamp.