Gotterdammerung: A Very Serious Legal Threat

I realize I just posted on the future of the MLS, and normally, I’d let posts sit for a few days to “mature” but this is far too big an event and far too big a deal to wait. In case you missed it, a class action lawsuit was filed with the United States District … Read more

Role of the MLS: Defender of the REALTOR?

As my Red Dot subscribers already know, I published the March Red Dot on the future of the Multiple Listing Service a couple of days ago. I have also been traveling nonstop since last Monday and most of my meetings and conferences have been on the MLS, so I have the MLS on my mind. … Read more

OK, I’ll Ask: How Is CoreLogic Threading the Upstream Needle?

So one of the bigger announcements in recent memory went out a few days ago, and… no one appears to be asking the obvious question about it. I am speaking of the announcement that CoreLogic will be the new vendor for UpstreamRE. Since I have good friends in both companies, I congratulate them both and … Read more

A Mission for YPN, If You Choose to Accept It…

It’s been a good long while, I know, and I apologize. But life has become a bit insane, with travel, client work, and of course, writing a 90-page report on the truth about Millennials as real estate consumers. The February Red Dot just went live today, so I can finally write this post I’ve been … Read more

Things Become Clearer: NAR vs. Zillow; C2EX vs. Best of Zillow

I’ve been busy researching and writing the November Red Dot, which has now been published. But as often happens, when I’m deep in that project, blogging gets light. I apologize. It appears there are a few things to talk about, but none are more important or more interesting than two recent announcements by NAR and … Read more

Will Compass Invest in the MLS?

There is a great interview with Robert Reffkin, CEO of Compass, up on Inman today. Read the whole thing. But I saw something that really made me sit back and think, so figured I’d share it with everybody. Here’s what Reffkin said: And the third is that agents are starting to operate their business on … Read more

Data Manipulation in the MLS is a Must Fix Issue

Yesterday, an item on Facebook caught my eye. It was someone sharing a Medium post by Frances Flynn Thorsen, the “Blogmother” of real estate. Before you continue, I strongly suggest reading the whole thing. (You’ll need a Medium account, I believe.) There’s quite a lot of history here, including some sordid drama involving criminal extortion, … Read more

The Notorious ROB’s Shiva Award

I’m neck-deep in getting the September Red Dot on the Real Estate Platform out the door, but had to pause and poke my nose in to give an award for a minute. Inman reported on the 16 startups at the new Innovation, Opportunity & Investment Summit conference that NAR is putting on as I write … Read more

It’s Time to Let the Agent Decide on IDX Participation

One of the things I missed while finishing up the July Red Dot was this well-done interview of Redfin’s Glenn Kelman in Inman. Andrea Brambila doing her rockstar thing again. I’m thinking through what Redfin wants to see happen, but one passage in particular caught my attention. At one point, talking about incentives for agents … Read more