What Are Financial Investors Thinking?

Recently, I’ve been trying to research what is going on with buyers in the residential real estate market. Specifically, I’m curious what is happening with institutional investors. My gut tells me that we’re probably seeing a lot more interest in single family housing units from institutions… but there’s very little data to prove or disprove … Read more

The Notorious POD Ep 15: Why Not Hourly?

I saw a Facebook post talking about a common problem with real estate agents — buyer disloyalty. That got me wondering, why aren’t we moving towards agents getting paid by the hour? It would solve so many problems. The way that real estate agents are getting paid leads to a lot of issues, one of … Read more

Step Up, YPN

A reader sent me an article I had missed from the New York Times, titled “Realtors Want to Sell You a Home. Their Trade Group Backs Evicting Others.” It was… well, it’s New York Times, which used to be a great newspaper. The article was posted in the Money section, and I kept looking for … Read more

Breaking Down LEAP Part 3, Breaking Down the Rules

Sam DeBord has posted something he himself called “where we dig into the hard work.” It’s worth reading if you’re in the MLS subsector, or care deeply about it. If not, I doubt you’d care very much. The post is “Breaking Down the Rules: Brokers and MLS Data (LEAP Part 3).” Since he asked people … Read more

Can’t Make It Ourselves, Let’s Just Import

As it now stands, America functions because other countries want the US dollar. It is still the currency that runs the global economy. Thank God. Without it, we would not be able to domestically produce enough produce, so to speak,  to function. For some reason, America, at least in its way of thinking, is planning … Read more

Quick Reaction: Why Would CoStar Spend $156M on Homes.com?

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

Brokerage Valuation: Focus on Company Dollar

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

Some Smart Rich People Have Reservations About Bitcoin

When it comes to Bitcoin becoming the world’s reserve currency to replace the dollar, it has a lot going for it. The price of Bitcoin has gone from $192 dollars in October of 2013 to $57,000 today. That’s an insane 29,587% increase in value. A lot of the world’s biggest investors have publicly mentioned their … Read more

The Notorious POD Ep 14: LEAP & The Role of the MLS in 2021

I recently listened to Greg Robertson’s Listing Bits podcast, the episode in which he discussed LEAP with Sam DeBord and Michael Wurzer. I thought it was a fantastic conversation, and got inspired to join in. But rather than writing some 5,000 word post, I thought it would be faster and easier to just record this … Read more