Noah Rosenblatt over at Urbandigs notes potential huge problems over at Realogy (H/T: 4Realz): According to Crain’s “Seven area firms make endangered list“: “The most vulnerable, according to S&P, include Realogy, the Parsippany, N.J.-based owner of such brands as Century 21 and Corcoran Group. The firm, which was taken private last year by Apollo Management … Read more
In part 1 of this series, I looked at per-person productivity numbers which simply made no sense. Thankfully, people like Russell Shaw and Jay Thompson stepped in to provide at least an explanation. Simply put, there are too many agents chasing the same number of deals. So despite large improvements in personal productivity of a … Read more
Over at the OnBlog, I posted an item discussing the difference between how much brokerages spend on print advertising vs. their website. That was for the clients (past, present and future) of Onboard Informatics. This blog is where I get to talk speculative BS with friends in the RE.net. So… let me start out by … Read more
So I promised a more serious post about Blip.fm, the social music network that I’m fairly obsessed with these days. It’s taken a few days for the thoughts to gel, and I’m not convinced that they have fully. But in the interests of starting the discussion, I want to get this out there. Could a … Read more
First day, first session of RE Blog World, and Mariana Wagner is giving a great talk on taking someone from a random click to a closed customer. The talk itself is really solid, and Marianna is an engaging, conversational speaker. The session is being videotaped, so I’m sure RE Blog World will be posting it … Read more
At the recent RISMedia Leadership conference, I walked around listening to the conversation, attending the sessions, and talking to people. Not suprisingly, the market was very much on people’s minds, and a number of people were talking about pressure on commissions. That pressure is nothing new, of course. Discount brokerages have come and gone and … Read more
I love that Wendy Forsythe, VP of Broker Services for Better Homes and Gardens Real Estate, often blogs on Gen-X and Gen-Y issues in real estate. I suspect that Wendy and I are both Gen-Xers, and if you searched our past photographs, I’m sure there will be a few blackmail-worthy examples involving neon clothing, Z-Cavaricci’s, … Read more
“One man cannot practice many arts with success.” – Plato Welcome to Part 4 of this series of too-many-words. Here are the links to previous parts: 1, 2, 3. Let us review the situation. Upon deciding that the law firm (although not lawyers themselves perhaps) is a fine model for real estate, you have banded … Read more
The conversations continue. It appears there are a whole bunch of folks who want to talk about the future of listings. And rightfully so — listings are important to the modern practice of real estate. The latest salvo marks the return of David Harris of Geek Estate to blogging, and it’s a good one. Read … Read more