When Rich Barton took (back) over as CEO of Zillow earlier this year, I wrote a Red Dot and titled it, “The Return of the King.” I didn’t realize then that the king was not just a fighter, but a gambler. With giant brass ones. After the Q2 earnings results, I know that now. Zillow’s … Read more
As some of you know, I attended an event at Inman Las Vegas a couple of weeks back on Blockchain and Real Estate hosted by Propy. Unfortunately, I couldn’t stay for the whole thing, but I did stay and listen to the speakers with great interest, because I really wanted to learn more about blockchain … Read more
As a former Dungeon Master all through junior high school and part of high school, I found it absolutely thrilling that Glenn Kelman, CEO of Redfin, used the phrase in the Q2 earnings call. Thank you Glenn for making all of us former (and present day) nerds feel a little bit better about our misspent … Read more
Inman Las Vegas was last week, and while I heard quite a bit of interesting stuff, and had a number of interesting meetings (some of them with some of you), I’ve been far too busy to write. My apologies. But I wanted to share something that I’ve been working on for a bit and see … Read more
So, I’m about to head off to another day at Inman Connect so this will have to be very brief and very shallow. I’ll have to take some time to think more about the announcement that Realogy and Amazon have partnered on Turnkey. At first glance, this seems like a pretty straightforward purchase of leads … Read more
Yesterday, Redfin announced that it was entering into a partnership with Opendoor to become a conduit for Opendoor’s direct purchase offers: SAN FRANCISCO and SEATTLE, July 11, 2019 /PRNewswire/ — Opendoor and Redfin, two of the nation’s largest technology-powered real estate companies, today announced home sellers in Phoenix and Atlanta can now request an Opendoor offer through Redfin’s site and mobile apps. By … Read more
[I will be on the road all next week so blogging will be a bit light. I hope the flurry of activity in recent days will provide enough reading and thinking materials until I can get back to writing.] VIP Subscriber, and the proprietor of Stratechery, Ben Thompson posted a question in a recent comment: … Read more
In a couple of recent VIP posts, I looked through limited number of iBuyer transactions of both Opendoor and Zillow. I then took the most interesting conclusion one can draw from those numbers and put it on Facebook, in the Inman Coast to Coast group, comprised of thousands of professional REALTORS. While some responses were … Read more
“All of us are smarter than any one of us.” – Jim Zemlin, LINUX Foundation Remember this day: May 14, 2019. This is the day when BoxMLS announced OpenBoxMLS, the first real open source software initiative in real estate. I don’t want to embed the entire email, but for real estate technology geeks, these two … Read more