[Editor’s Note: This article first appeared on Phillip Cantrell’s LinkedIn page. If you don’t know Phillip, and you have an interest in real estate, you should. I am reposting with his permission but you probably should at least follow the man on LinkedIn. His bio is below. The post has been very lightly edited for … Read more
By now, you have probably heard the news that Zillow launched a “residential brokerage”, will join the MLS, and use the MLS IDX feed to power its dominant website. Just at random, here’s one news story from The Real Deal covering the announcement: For years, Zillow denied it had plans to become a brokerage. But … Read more
Although I just published a lengthy VIP post about the Opendoor/IPOB investor call, there was something in that presentation that didn’t really fit that post. It’s also of wider interest, so I thought I would write about that here. It’s about how the incumbents in real estate, according to Eric Wu and Opendoor, are highly … Read more
There is a persistent narrative in the real estate industry. It is persistent because at its core, there is a lot of truth to it. Yet, it’s a narrative that has overextended that truth and is now threatening to become a blinder. Therefore, it somehow falls on me, the voice in the wilderness, to warn … Read more
Unless you’re in the MLS space of the residential real estate industry, you probably did not know that the MLS Standards Workgroup of the NAR MLS Technology and Emerging Issues Advisory Board released an Interim Report. In fact, you probably didn’t know that there was such a thing as a MLS Standards Workgroup. Well, there … Read more
It’s Friday afternoon, and my brother is landing in Las Vegas soon, so I’m outta here! But first, wanted to briefly discuss a new T3 Insight from T3 Sixty: “Expanding the American Dream.” It’s a new monthly article from the good folks over at T3 Sixty and this first one is on a topic on … Read more
Inman News has a couple of articles on the RE/MAX Broker Owner Conference going on right now. The first is on Dave Liniger, the founder of RE/MAX and first ballot Hall of Famer, giving advice on surviving recessions, and the second is on Nick Bailey, Chief Customer Officer, talking about how real estate is in … Read more
Please forgive the promotional sales pitch, but frankly, I’ve spent the last six months of my life setting things up to publish this… so I can’t quite contain my excitement. The short to-the-point story (very un-Notorious): The 7DS Capital Q2/2020 Residential Real Estate Report is finished and available. It is, if I do say so … Read more
As longtime readers know, I have often written about the issue of misclassification of employees as independent contractors, since that is the key linchpin of contemporary real estate practice. For example, you can start here: On California’s New Gig Economy Law: Don’t Relax Just Yet and just google the rest. So this is a brief … Read more