I’m writing this on Sunday night, because there was something tickling the back of my head all week as I was thinking about Zillow’s announcements. That itch got scratched in part because of my friend Phillip Cantrell’s post on LinkedIn (which I have reposted with permission here) which answered one piece of the puzzle. Another … Read more
So with the news that the rumors of a “merger” between Opendoor and Social Capital (IPOB) were in fact true, I thought a quick followup might be helpful, if not to you, then to me as I think through things by writing about them. It would be worthwhile for you to watch the presentation, especially … Read more
Just found out from a VIP reader (thank you!) that Opendoor is supposedly in merger talks (and by merger, it’s really an acquisition) with a specialized investment vehicle named Social Capital. The story from Business Insider: Opendoor, a property technology company, is in advanced talks to go public via a merger with Social Capital Hedosophia … Read more
Inman News has a couple of articles on the RE/MAX Broker Owner Conference going on right now. The first is on Dave Liniger, the founder of RE/MAX and first ballot Hall of Famer, giving advice on surviving recessions, and the second is on Nick Bailey, Chief Customer Officer, talking about how real estate is in … Read more
Please forgive the promotional sales pitch, but frankly, I’ve spent the last six months of my life setting things up to publish this… so I can’t quite contain my excitement. The short to-the-point story (very un-Notorious): The 7DS Capital Q2/2020 Residential Real Estate Report is finished and available. It is, if I do say so … Read more
Thanks to the research I’ve been doing for the Q2 Report (releasing soon, I swear!), I kind of figured that RE/MAX was going to have a mediocre quarter. And there was a light at the end of the tunnel. I suppose that light still exists but… I’m trying to make sense of the disaster that … Read more
You take the blue pill – the story ends, you wake up in your bed and believe whatever you want to believe. You take the red pill – you stay in Wonderland and I show you how deep the rabbit-hole goes. – Morpheus, The Matrix Let me be honest here — I’ve been saying more … Read more
Let me get this quick hitter out, as the numbers posted by EXPI for Q2/2020 are awesome. I mean, they just killed it. There’s no two ways about that, right? But you don’t come here to get just surface analysis; that’s available elsewhere. So while I think EXPI had a fantastic Q2, and frankly, a … Read more
I’ve decided to change up how I go about analyzing the quarterly earnings reports from the five public companies in residential real estate. Part of it is that I’ve started a new investor-focused set of products and services (contact me if you want more information) but the other part is that the old way of … Read more