I’ve decided that most of the Interview series will be available to VIP members only, because… it takes a good amount of work to put these together. A few, with wider industry implications, will be made public but I think most of these are really of interest to serious industry observers (who I think are … Read more
I thought I would share a special treat with my VIP Subscribers. I recorded a special webinar with Sharran Srivatsaa, CEO of Kingston Lane, and one of the smartest and most capable people in real estate today. This is a followup from a video we did a year ago, and I understand that it is … Read more
In case you haven’t already heard, the U.S. Department of Justice has taken the rare step of intervening in a civil case with a Statement of Interest on Behalf of the United States of America. Interesting note: the intervention was in the Sitzer case out of Missouri rather than the Moehrl case in Illinois, which … Read more
The battle between Realogy and Compass took a strange turn in recent days, when Compass claimed that they rejected a marriage offer from Realogy according to The Real Deal: With his back against the mats, Realogy CEO Ryan Schneider considered selling the brokerage to its chief rival: Compass. In a statement Friday, the SoftBank-backed brokerage … Read more
It’s VIP Content Week, as I am home for several days without any travel. All that changes next week, but… in the meantime, I thought it worth putting together some posts for subscribers that reflect some of the things I’ve been working on in recent weeks. One topic that keeps coming up both online and … Read more
Happy Monday, everybody. A couple of you have asked for this topic in the Notorious VIP Network (all VIP Subscribers have been invited, so check your inbox if you don’t know what the Network is), so I figure I’ll kick off this week of writing-while-at-home with some free advice (worth exactly what NAR paid for … Read more
Realogy reported its Q2 results last week, and on balance, it was a very nice quarter. The highlights of the presentation are improved profitability, strong cash flows, paying down debt, and a narrative that the broken fundamentals at the NRT are changing. Or trending like it’s changing. Maybe it’s more of a looking like it’s … Read more
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
After RE/MAX reported last quarter, I wrote a post saying that RE/MAX was poised on the brink of greatness, but was refusing to make the jump. Q2 earnings results do nothing to make me change my mind on that, but now, there are signs that RE/MAX is going to have to make some difficult choices … Read more