Making the Bear Case Against Opendoor
May 11, 2022
My last post on Opendoor resulted in more than a few emails and messages, and I’d like to thank those who emailed and messaged. I
Articles filed under VIP
Real Estate Brokerages and the Changing Tides
March 3, 2022
As most of you know, I used to do in-depth updates for each of the publicly traded companies in the residential real estate sector. Since
Q4/2021 and FY 2021: Opendoor Blows the Doors Open
February 28, 2022
Opendoor reported its Q4 and full year 2021 earnings last Thursday, and I needed to take some time to think through things. Long story short,
Maybe the Housing Market Will Collapse After All…
February 16, 2022
As readers, listeners of Notorious POD, and people who have heard me present live know, I’m on the record as suggesting that we do not
From Drew Meyers of GEM: Co-Opting Inventory
June 10, 2021
[Editor’s Note: PadSplit’s Atticus LeBlanc was the guest on Episode 4 of The Blueprint Sessions. This is the accompanying essay, originally published as a members-only
[VIP] Redfin, Q1/2021: The Return of the Rabid Squirrel?
May 7, 2021
In my last analysis of Redfin, I wrote that Redfin has to decide who it wanted to be. It was stuck in a “larval stage
Building Blocks for Homes of Tomorrow
April 6, 2021
[Editor’s Note: Module’s Brian Gaudio was the guest on Episode 2 of The Blueprint Sessions. This is the accompanying essay, originally published as a members-only article
[VIP] Redfin, Q4/2020: Soon, You Must Choose
February 26, 2021
Roughly nine months ago, after its Q1 results, I beat the hell out of Redfin. I admit it. Much of that was motivated by how
[VIP] RE/MAX Q1, 2020: Nothing Has Really Changed
May 13, 2020
RE/MAX came into 2020 on a big upswing. Q4 was a good quarter; it was a very good quarter, in fact. And as we have
