In my post about the likely impact of the commission lawsuits against NAR and four corporations, I mentioned that I had a conflict of interest when it came to the issue of real estate auctions because I had been working on an auction-related initiative for a while. I had kept the initiative relatively quiet because … Read more
So last Friday, the Department of Justice formally filed an appeal of the trial court’s ruling in its fight against NAR with the US Court of Appeals for the DC Circuit. This was as obvious and as predictable as the sun rising in the East. I wrote about that in a special public VIP post … Read more
I’ve been 100% heads-down on a project. But thought I’d take a moment to comment on the news that CoStar and News Corp are no longer in talks about Realtor.com. This is not a Q4 review; that still remains to be done, probably after all the reports as there have been very few worthy of … Read more
I apologize for the lengthy silence. I’ve been heads down on final prep for launching a new project I’ve been working on for over a year now. You’ll hear about it soon enough, I promise. And I hope it’ll interest all of you. In fact, I know it will interest some of you. I know, … Read more
Welcome to another installment of an annual tradition around here: the Seven Most Interesting People in Real Estate in 2022. I look forward to this post, as well as my Seven Predictions post, each year. As in earlier years, let me reiterate that Inman does the Influencers list, Swanepoel does the Power 200 list (I help out on … Read more
Welcome to yet another edition of the Seven Predictions, sure to be wrong or your money back. (Does not apply to VIP Subscriptions.) This is one of my favorite annual traditions around this time of year. For those keeping track at home, I just published my results from last year’s predictions, and my lifetime average … Read more
Yes, it’s that time of year again. As always, in advance of my 2023 predictions, I like to grade my 2022 predictions and see just how wrong I was with them. I think it’s gonna be bad news for me, and good news for everyone featured in my 2022 predictions. Here’s where we stand after … Read more
I have had to think about Redfin after Q3 of 2022. Redfin has been my favorite brokerage for years now for a few reasons. I have thought their commitment to the consumer was unshakable, and the desire to save consumers money and to improve things for buyers is written into the DNA of the company. … Read more
As most of you know, I am a big giant iBuyer bull, which means I am a big giant Opendoor bull. I am long OPEN and remain long OPEN. I have a lot of faith in the company, in the business model, in the value to consumers, and in the team at Opendoor. And even … Read more