Sam DeBord has posted something he himself called “where we dig into the hard work.” It’s worth reading if you’re in the MLS subsector, or care deeply about it. If not, I doubt you’d care very much. The post is “Breaking Down the Rules: Brokers and MLS Data (LEAP Part 3).” Since he asked people … Read more
Earlier today, we all got the news that CoStar is buying Homes.com from Dominion for $156 million cash: WASHINGTON–(BUSINESS WIRE)– CoStar Group, Inc. (NASDAQ: CSGP), the leading provider of commercial real estate information, analytics and online marketplaces, announced today that it has reached a definitive agreement to acquire Homes.com, a division of Dominion Enterprises, for … Read more
I recently listened to Greg Robertson’s Listing Bits podcast, the episode in which he discussed LEAP with Sam DeBord and Michael Wurzer. I thought it was a fantastic conversation, and got inspired to join in. But rather than writing some 5,000 word post, I thought it would be faster and easier to just record this … Read more
As you all know by now, Zillow reported its Q4 and full year 2020 earnings yesterday. It was a monster quarter. As of this writing, ZG stock is over $200 and for good reason, since Zillow outperformed even the high end of their projections in Q4. The analysts I like and follow are very, very … Read more
I love this industry, I really do. It has some of the best people I have ever met, real salt of the earth people who genuinely care about their clients, their communities, about each other, about the country, about the world. They’re real sweethearts and genuine and fun, fun people. But there are times when … Read more
I don’t have a lot of time, so this won’t be one of my normal lengthy speculations and such. Just a few questions. In case you missed it, Inman reported on the PLS v. NAR lawsuit that was just dismissed with prejudice by the federal court. It’s a good piece of reporting, so go read … Read more
Maybe I should be doing a press release or something, but we ain’t fancy like that around here. We’re a bit more down-home, take me home country roads style. Yes, I know that’s unusual for an Asian-American lawyer from the Ivy League, but that’s just how we roll here. After weeks of research, enormous effort, … Read more
Back in October, after Judge Woods laid the wood to NAR and the corporate defendants in the Moehrl v. NAR case, I wrote: Finally, I’ll go out on a limb (it’s a short one, I think) and predict that now that the motion to dismiss was denied, and denied in this manner with the judge … Read more
I am extremely busy putting the finishing touches on a massive report on CoStar and its entry into residential real estate, but… had to take a few minutes to… um, crow. Yes, I did sprain my shoulder patting myself on the back. But thought it maybe worthwhile in case people have forgotten the issues I … Read more