Brief Reflections on the DOJ/FTC Panel

It hasn’t even been 24 hours since the joint DOJ-FTC workshop on competition in real estate ended. I’ve heard quite a bit, and although one would think listening to panelists in a controlled environment talk about what ought to be truly mind-numbing topics to regular humans, I wasn’t bored at all. Not sure what that … Read more

A Note on eXp and Margins

Happy Friday, everybody. I’m deep in the heart of final edits on the June Red Dot report, tentatively titled “Zillow, Redfin, Realogy: The Shape of Things to Come” so haven’t been blogging as much. But in writing the June report, I looked at eXp in some detail as a comparable. In future reports, I may … Read more

NAR: Crisis and Opportunity

Chances are, if you read this blog on a regular basis, you’re already aware of the op/ed by Jim Harrison in Inman News titled “It’s time to stop ignoring the crisis at NAR“. That comes on the heels of a back-and-forth between HAR (still the Houston Association of REALTORS, even if their website stands for … Read more

Dynamex and Real Estate: Apocalypse Starts with ABC

I seriously thought about not writing this post. For one thing, this is complicated stuff, and I thought maybe it deserves to be a Red Dot Report in the near future. That might still happen, depending on how things play out over the next few months. This is also one of my Black Swans coming … Read more

What Exactly Does A Market Shift Look Like Today?

I’ve been extraordinarily busy with the final edits on the inaugural issue of The Red Dot, my new premium newsletter offering. It should ship tomorrow to all subscribers, so they can be ahead of the curve and avoid the $225 million lawsuit landing on their doorsteps. /salespitch So blogging has been a bit light. Future … Read more

Announcing The Red Dot Premium Reports

I am proud and excited to announce the rollout of The Red Dot on May 1, 2018. This is something I’ve been mulling over for a while now, and actively planning for a few weeks. So it’s a bit of the old butterflies-in-the-stomach feeling. The Red Dot is my new monthly report, which will go … Read more

No Hat, Lots of Cattle: In Which Zillow Transforms

[Note: I advised Zillow on its communication plan for rolling out the program I discuss herein. I do not have an ongoing relationship with Zillow.] I assume that by now anybody who is reading Notorious is aware of the big announcement from Zillow: Zillow Group, Inc. (NASDAQ:Z) (NASDAQ:ZG), which houses a portfolio of the largest … Read more