There Will Be Blood: NAR Lawsuit and Discovery

If you haven’t done so already, or were not present when the panel happened, go watch the Inman News video on the big commissions lawsuit(s) panel discussion. Inman Select membership is required. I thought it was great, especially since Jack Bierig, one of NAR’s outside attorneys on this case, was present to provide some insight … Read more

Millennials and Rent Control

Back in February, I wrote a long post imploring the Young Professionals Network (YPN) of the National Association of REALTORS to take up housing affordability as their issue: Homeownership is not under attack; if anything, homeownership is widely subsidized and supported, in large part because of REALTOR political action. Think about it. Mortgage interest deduction … Read more

[VIP] Did Redfin Just Surrender?

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

[VIP] The MLS and Coming Soon: A Way Forward

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

Peace Be Upon You: A Path Forward for RealScout

I started this post during my great Westward Ho! adventure, which was five days of driving across this great country in my car. That’s a lot of time in the car, which gives one plenty of time to talk to friends by phone and to think about stuff. Both happened on this trip, and at … Read more

Does Thanos, I mean, RealScout Want a War?

As many longtime readers know, Andrew Flachner is a good friend of mine, and a wonderful young technology executive. I like Andrew, I respect Andrew, and I thought both of those things while not singing drunken karaoke with the man. That is not to say that we haven’t had our (intellectual) disagreements. I find that … Read more

[VIP] Ben Thompson of Stratechery Shows How Dropbox Points the Way Forward (for the MLS)

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

The Problem with “Good Agents Will Adapt”

I mentioned blogging would be light because I’m at the annual Realtor Quest conference that the Toronto Real Estate Board puts on. It’s a truly wonderful world-class event, I think, and I’m not just saying that because I spoke there. 🙂 But I did want to take a few moments to jot down a quick … Read more

Just Because You’re Paranoid Doesn’t Mean They’re Not After You

I just spent an hour glued to the TV, absolutely fascinated by what I was seeing and hearing. And no, it wasn’t the latest episode of Game of Thrones (which was rather disappointing in many ways… but I digress). I watched something normal human beings likely would not, since there are only 162 views on YouTube … Read more