Some Questions About KWRI’s Virtual Brokerage

Two things. First, I’ve been busy with my September Red Dot, so I missed this news when it was announced: KW to launch virtual brokerages for expansion business owners. According to Inman News: During last week’s Keller Williams Mega Camp, a company retreat for select Keller Williams leaders, Keller Williams CEO John Davis said the … 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

Quick Reaction to Zillow News: Not Surprised

I’m still in recovery mode from thyroid surgery on Friday (it went great, thank you to all who have messaged me) but wanted to throw out a quick reaction to the news coming out of Zillow in its Q2 earnings report. Rest assured, I’ll be covering this in some depth at some point, probably. For … Read more

Stages of Decline: The Keller Williams Edition

I hesitate to write this. I really do. The reason is that I have so much admiration for Gary Keller, who is on my list of the top five most important and influential people in the history of the residential real estate industry. (The other four are: Colbert Coldwell, Dave Liniger, Arthur Barnhisel, and the … Read more

It’s Time to Let the Agent Decide on IDX Participation

One of the things I missed while finishing up the July Red Dot was this well-done interview of Redfin’s Glenn Kelman in Inman. Andrea Brambila doing her rockstar thing again. I’m thinking through what Redfin wants to see happen, but one passage in particular caught my attention. At one point, talking about incentives for agents … Read more

Thoughts on OfferDepot, Opendoor, Zillow

Mike Delprete, the man behind Adventures in Real Estate Tech, recently sent out an email newsletter (I can’t find the article on his website) about OfferDepot: A Keller Williams team in Phoenix recently launched OfferDepot, an instant offer play, to “help with all the confusion with cash offers vs bringing your home to market.” Why … Read more