Technology Deflation and Real Estate Business Models

Last week, I had what was probably my fifth conversation of the week with a proptech-brokerage-disruptor startup that went something like this: Save somebody (consumers, agents, brokers, MLS) a lot of money Build a large userbase Make money from referrals to service providers (appraisers, movers, mortgage, etc.) As a general matter, I don’t really see … Read more

Notorious POD, Ep 28: 2022 Predictions with Brian Adams of Hooquest

Happy 2022! May it be infinitely better than 2021 was! I thought to kick this year off with a podcast making predictions… or more accurately, discussing and debating predictions already made. My guest is Brian E. Adams of Hooquest, who also made his 2022 Predictions. We talk about his predictions, which are intended to be … Read more

Crypto, Blockchain, Bitcoin, NFT, Metaverse — These Things Are Not the Same

For the first post of the New Year, I thought I’d start with something I expect to have to refer back to periodically throughout 2022. There’s a lot of confusion, and as a result a lot of FUD (Fear Uncertainty Doubt) about all things crypto, blockchain, NFT, the Metaverse, etc. etc. Just today, I saw … Read more

On the Metaverse: Counterpoints and Arguments

I have had one of the more interesting and exciting things in a while happen on my recent post, The Metaverse is the Future: The Office is Dead. Long Live the Office. A couple of readers left lengthy comments disagreeing with my take, and criticizing it besides. I love it. It isn’t through polite agreement … Read more

Seven Predictions for 2022: Fresh Sounds of Jamaica Edition

Welcome to yet another edition of the Seven Predictions, sure to be wrong or your money back. This is one of my favorite annual traditions around this time of year, and whatever the changes in focus to the blog, I’ll have to keep this one up. For those keeping track at home, I just published … Read more

The Metaverse Is the Future: The Office is Dead. Long Live the Office.

A few nights ago, Sunny and I were talking about the Metaverse. As a former MMO gamer, I posited that it will be the future of the workplace. As someone who had a social life and dated in high school, Sunny thought otherwise. Turns out, she just couldn’t see herself piloting a little cartoon character … Read more

The Seven Most Interesting People in Real Estate in 2021

Welcome to another installment of an annual tradition around here: the Seven Most Interesting People in Real Estate in 2021. I look forward to this post, as well as my Seven Predictions post, each year. Last year, I went out of my way to select interesting people who weren’t the Obvious Choices. This year, I’m … Read more

The Inevitability of Commission Compression

For the past few years, the attention of the industry leadership has been focused on the issue of commission compression. The Moehrl lawsuit was the beginning, but the involvement of the DOJ and now the FTC is raising real concerns about what happens to the 6% real estate commission that has been the default for … Read more