I’ll have some thoughts on Realogy/NRT’s new HomesForSale.com later, but I couldn’t resist this brief observation. I kinda knew the problem existed, but until this splashy website came along, we did not have the visual impact/evidence. If HomesForSale.com accomplishes nothing else, it really ought to wake up the industry (particularly the MLS) about the problem with … Read more
I’ll have some thoughts on Realogy/NRT’s new HomesForSale.com later, but I couldn’t resist this brief observation. I kinda knew the problem existed, but until this splashy website came along, we did not have the visual impact/evidence. If HomesForSale.com accomplishes nothing else, it really ought to wake up the industry (particularly the MLS) about the problem with … Read more
A couple of weeks ago, I learned about a new Fannie Mae program that was rolled out to lenders called Collateral Underwriter, or CU. From the press release: Fannie Mae created the online tool in 2013 to analyze appraisal data it had been receiving from lenders electronically since 2012. With the rollout in early 2015, … Read more
I just had a fascinating conversation with Victor Lund of WAV Group who is spearheading the Broker Public Portal effort. We discussed a variety of topics from governance to equity to internal politics, shape of the industry, competitiveness, Zillow, Trulia, brokerages, etc. etc. It was awesome, and my thanks to Victor for making the time. … Read more
If you’re in the real estate industry — and why wouldn’t you be if you’re reading this blog — then you know by now that our lords and masters have approved Zillow’s $3.5 billion acquisition of Trulia. The new entity is not named TruZilla, Destroyer of Tokyo; it’s named Zillow Group. I’ve had the opportunity to … Read more
https://www.youtube.com/watch?v=6xGuGSDsDrM I figured that my post on the Broker Public Portal would create some conversation, and I didn’t figure wrong. Brian Boero of 1000Watt discussed the BPP on their “Friday Flash” email newsletter, saying: If you want to know all the reasons why a broker-controlled national listing site might not work, read this post from Rob Hahn. I … Read more
https://www.youtube.com/watch?v=6xGuGSDsDrM I figured that my post on the Broker Public Portal would create some conversation, and I didn’t figure wrong. Brian Boero of 1000Watt discussed the BPP on their “Friday Flash” email newsletter, saying: If you want to know all the reasons why a broker-controlled national listing site might not work, read this post from Rob Hahn. I … Read more
In the comments section of my post on Listhub and Zillow, an intelligent discussion and debate broke out. Given the rarity of such thing on the Interwebz, I think we should celebrate that. Now then, the subject of the discussion was around the “value proposition” of the MLS in the 21st century and how the … Read more
In the aftermath of the Listhub-Zillow divorce, which was my last post, I stumbled on a comment from the famous (or infamous, depending on your perspective) Kipp Cooper and the main man at his vendor, Turan Tekin. [Disclosure: I’m friends with both men, like them both, have shared adult beverages with them, and my bias may … Read more