By now, every reader of this blog knows that one of the biggest deals in recent memory (if not ever) just went down this morning: Zillow, Inc. (NASDAQ: Z) today announced that it has entered into a definitive agreement to acquire Trulia, Inc. (NYSE: TRLA) for $3.5 billion in a stock-for-stock transaction. The Boards of Directors of … Read more
The above is my view right now, as I’m in the Lakes of the Ozarks for an event tomorrow and Friday, so this post is heavily influenced by the fact that I’m sitting at a bar with a tropical drink, listening to Jimmy Buffet. So if it seems a bit of a disconnected ramble… blame Margaritaville. … Read more
A couple of days ago, a friend of mine in the commercial real estate space asked me about Opendoor.com. I had no idea what he was talking about, so I went over to look at what that’s about. Well, this is what the website looks like right now: Hm. “The easiest way to sell your … Read more
My friends at Clareity, Gregg Larsen and Matt Cohen, have just released a white paper they co-authored titled Beyond Syndication that is worth reading in full if you’re interested in this sort of thing. They include an overview of where things stand today, and then make a recommendation or two. Despite the fact that I … Read more
The judge in the non-compete-disguised-as-a-trade-secrets case between Move & NAR v. Zillow & Errol Samuelson has issued a preliminary injunction that looks like a big win for REALTORS and REALTOR-lookalikes. Inman News has the story, and the actual order itself (PDF). As a an interested bystander, the whole thing is sort of sad. Wish my friends would … Read more
The judge in the non-compete-disguised-as-a-trade-secrets case between Move & NAR v. Zillow & Errol Samuelson has issued a preliminary injunction that looks like a big win for REALTORS and REALTOR-lookalikes. Inman News has the story, and the actual order itself (PDF). As a an interested bystander, the whole thing is sort of sad. Wish my friends would … Read more
If a picture is worth a thousand words, then I’d submit that a video is worth a million words. Therefore, this post is worth 4 million words, as these four videos tell a tale far more powerfully than your poor scribe ever could. Make the jump to see for yourself. Why the MLS Is On … Read more
I recently came across two different listings online, and the difference between the two was striking. One listing had 16 photos, with good descriptions of each, and the listing detail was 18 paragraphs long and filled with great detail like: The building is a walk-up and is not handicapped-accesible. There is a flight of stairs to … Read more
While I was traveling, I got the following press release from MLS Listings: CRMLS and MLSListings Alliance in Real Estate Announced New Era in Cooperation Creates Property Listings “Gold” for REALTORS®, Buyers and Sellers San Dimas, Calif. and Sunnyvale, Calif., April 28, 2014 – In a landmark agreement that redefines the concept of cooperation, California Regional … Read more