The mystery that is RE/MAX continues. Except that with Q3 results, it’s fair to conclude that whatever RE/MAX is doing just isn’t working. It pains me to write that, because as I’ve long observed, RE/MAX has some of the best people in the business led by one of the really good guys in the industry, … Read more
Q3 was by all measures a bangin’ quarter, as my wife Sunny might say, for most of the companies in residential real estate. I already wrote about Zillow’s amazing Q3 results, and I thought I would tackle the three major brokerage companies (sorry, Fathom, I’ll get to you as well eventually) that are publicly traded. … Read more
It appears that Redfin, the wokest brokerage in real estate, has been sued by a coalition of fair housing organizations for what they say is a violation of fair housing laws. Specifically, these organization claim that Redfin’s failure to provide services in lower priced areas that happen to be majority-minority, is a form of redlining. … Read more
I keep having to write posts like this, about NAR, about REALTORs, and the state of the industry. Some of you think I’m picking on NAR, but some of you who have known me longer, have worked with me on a variety of projects, know that I do this out of love. I genuinely believe … Read more
A couple of weeks ago, Judge Andrea Wood of the United States District Court for the Northern District of Illinois Eastern Division issued a memorandum opinion denying the defendants’ motion to dismiss in the all-important case of Moehrl v. NAR. You can find the opinion here. As many of you know, I’ve been interested in … Read more
Thanks to a catastrophic plumbing issue that just happened at Casa de Hahn last Thursday, Sunny and I became front-row observers and participants in the customer service debacle that is home warranty companies. We’re nowhere near out of the woods yet, and we’re facing weeks of repairs ahead of us, including replacing the flooring throughout … Read more
In case you missed it, Greg Robertson and I recorded an episode of Industry Relations on Zillow’s announcements last Thursday; it was just posted. In it, I started musing about how IDX is less of a deal than VOW, and Greg and I started to talk about what Zillow might be able to do for … Read more
I debated on writing this, since it kind of felt like a waste of time and energy to debate with someone who is so ill-informed as to what has been happening in the industry over the past few years. But at the start of Notorious ROB back in 2009, I did have a lively engagement … Read more
I’m writing this on Sunday night, because there was something tickling the back of my head all week as I was thinking about Zillow’s announcements. That itch got scratched in part because of my friend Phillip Cantrell’s post on LinkedIn (which I have reposted with permission here) which answered one piece of the puzzle. Another … Read more