As a former Dungeon Master all through junior high school and part of high school, I found it absolutely thrilling that Glenn Kelman, CEO of Redfin, used the phrase in the Q2 earnings call. Thank you Glenn for making all of us former (and present day) nerds feel a little bit better about our misspent … Read more
Inman Las Vegas was last week, and while I heard quite a bit of interesting stuff, and had a number of interesting meetings (some of them with some of you), I’ve been far too busy to write. My apologies. But I wanted to share something that I’ve been working on for a bit and see … Read more
Yesterday, Redfin announced that it was entering into a partnership with Opendoor to become a conduit for Opendoor’s direct purchase offers: SAN FRANCISCO and SEATTLE, July 11, 2019 /PRNewswire/ — Opendoor and Redfin, two of the nation’s largest technology-powered real estate companies, today announced home sellers in Phoenix and Atlanta can now request an Opendoor offer through Redfin’s site and mobile apps. By … Read more
Recently, I saw someone on Facebook bring up this case, Hyland v. HomeServices of America, Inc., 771 F. 3d 310 – Court of Appeals, 6th Circuit 2014, as pretty much ending the threat from the series of lawsuits filed against NAR, large brokerages and franchises, and a number of MLSs. (If you are a large … Read more
The great move West is now complete! The last boxes are finally unpacked, and while we still have to set up the new house, I think we’re able to get back into the regular swing of things.. Once again, I apologize to you VIP Subscribers for being so silent, but I do hope you all … Read more
Seriously, I think I could just write a real estate angle to most of Ben Thompson’s articles and updates from Stratechery, and fill the content calendar easily. I just wrote about his public weekly article on Tech and Antitrust and how it might apply to Zillow. Today comes a Daily Update where Ben talks about … Read more
[I will be on the road all next week so blogging will be a bit light. I hope the flurry of activity in recent days will provide enough reading and thinking materials until I can get back to writing.] VIP Subscriber, and the proprietor of Stratechery, Ben Thompson posted a question in a recent comment: … Read more
In a previous post, I looked at some of Opendoor’s transactions in Florida and drew some conclusions on very limited data. Well, I got my hands on some more data, this time from Phoenix and for Zillow Offers. Because I don’t have a data analyst on my team, and I’ve got a lot of things … Read more
In the all-important Moehrl v. NAR case, NAR has filed a motion to dismiss, and submitted a brief in support of that motion. I’ll embed it below. This is all but guaranteed in just about any serious civil litigation these days involving serious lawyers who get paid by the hour. I remember my Civil Procedures … Read more