Do Not Minimize Ragnarok: Very Serious Legal Threat, Part 2

So my flight is delayed… for hours… which usually leads to drinking. I thought I might do something else instead. Since I posted about the antitrust lawsuit filed against NAR and four large real estate companies, I’ve read a ton of comments from people who are not antitrust attorneys about why this case is frivolous, … Read more

Future of MLS Technology: Open Source Software

A couple of weeks ago, I gave a presentation at the Clareity MLS Executives Workshop in Scottsdale, AZ. It was on a topic that is near and dear to my heart, as I actually wrote a whole business plan way back in the day on introducing Open Source software to the MLS industry. I abandoned … Read more

Gotterdammerung: A Very Serious Legal Threat

I realize I just posted on the future of the MLS, and normally, I’d let posts sit for a few days to “mature” but this is far too big an event and far too big a deal to wait. In case you missed it, a class action lawsuit was filed with the United States District … Read more

Role of the MLS: Defender of the REALTOR?

As my Red Dot subscribers already know, I published the March Red Dot on the future of the Multiple Listing Service a couple of days ago. I have also been traveling nonstop since last Monday and most of my meetings and conferences have been on the MLS, so I have the MLS on my mind. … Read more

Homeowners Net More Selling to Zillow Than With a REALTOR

(Pardon me a moment while I go put on my asbestos suit for the inevitable flames coming my way.) The Zillow Group Q4/2018 earnings call yesterday was a shocker in many ways. What most people immediately focused on was the change at CEO from Spencer Rascoff to Rich Barton. I gather from social media this … Read more

What Everybody is Missing On Vaynerchukgate

Unless you have been living under a rock, you’ve seen the recent brouhaha over the video of a podcast Gary Vaynerchuk’s video where he completely shits on homeownership. In case you missed it, the first part is all about homeownership: https://www.youtube.com/watch?v=WmUyYzrcmEA The real estate commentariat more or less exploded, partly because Gary Vee has long … Read more

OK, I’ll Ask: How Is CoreLogic Threading the Upstream Needle?

So one of the bigger announcements in recent memory went out a few days ago, and… no one appears to be asking the obvious question about it. I am speaking of the announcement that CoreLogic will be the new vendor for UpstreamRE. Since I have good friends in both companies, I congratulate them both and … Read more

Negative Space: Reffkin and Schneider on the Future of Brokerages

It’s been over a week since I thawed out from the polar vortex that was Inman Connect NYC. I realize that people in Chicago and elsewhere in the Midwest would have loved mere 10 below zero temperatures, but for this now-southern boy, that week came with a religious awakening: hell won’t be hot, it’ll be … Read more

A Mission for YPN, If You Choose to Accept It…

It’s been a good long while, I know, and I apologize. But life has become a bit insane, with travel, client work, and of course, writing a 90-page report on the truth about Millennials as real estate consumers. The February Red Dot just went live today, so I can finally write this post I’ve been … Read more