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A Final Word (Hopefully) on Upstream

As you can imagine, there’s been a ton of chatter about Project Upstream and its “divorce” with Daddy NARbucks. I think I’ve gotten no fewer than three emails from consultants and thought leaders in the industry on the topic. Inman has written not just a news article announcing the split, but an in-depth investigation into […]

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candle-darkness

December Red Dot: Darkness Comes – Excerpts and Special Offer

The December Red Dot, Darkness Comes: Q3 and the Rise of Redfin, is now published and live. I’m pretty proud of it, but I thought I would write this post because I think this report might actually be important. If you are in real estate, or interested in the industry, if you read nothing else […]

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Online-Dating-Apps

Zillow, Redfin and the Tinderization of Real Estate

I’m deep into writing the December Red Dot, which will be on the Q3 earnings calls and what they portend for the industry, but there’s an angle to this I’m trying to work out. My initial thoughts were interesting enough that I figured I’d work them out with all of you. I ain’t gonna front […]

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Zillow-ibuyer

The Case for iBuyer Becoming the Default

Recently, I saw a thread on Facebook that referenced this post from TheStreet.com, in which Jim Cramer and Marc Chaikin just trash Zillow: Marc Chaikin, founder and CEO of Chaikin Analytics, compared the company to a “landmine” in his webinar with Jim Cramer Wednesday, Nov. 7. Cramer jumped in and said, “if you have Zillow […]

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remax-q3-2018

Trying to Make Sense of RE/MAX

Q3 earnings are starting to come out, with Realogy, Zillow and RE/MAX reporting and Redfin and EXPI coming soon. I’m likely going to do a Red Dot on the important takeaways from Q3 (and there are a few, from what I can tell right now) but I typically don’t do RE/MAX in any sort of […]

hazy-landscape

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 […]

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case of cash

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 […]

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housekeys

iBuyers and Competition: In Which I Welcome Jay Thompson Back to the Blogosphere

Over at Inman News, Jay Thompson, one of the original RE.net bloggerati, has returned to blogging in triumph with his post “Are iBuyers Going to Ruin Everything for Agents.” Read the whole thing. Jay has been busy with other things, like being the face of Zillow to the real estate industry, the last several years, […]

TheJills_2

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, […]

Marketplace-Andrew

An Open Invitation to the NYC Buyer Graph: A Response to Rob Hahn

I wanted to write a response to Rob’s article to shed some more light on the details of the Buyer Graph, and to address some of the questions he raised. Rob, who is a great friend and someone I respect immensely, has graciously allowed us to publish our response here. Thank you, Rob. Fundamentally, the […]

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BuyerGraph Homepage

Seven NYC Brokerages and RealScout Do A Dangerous Thing

I’m deep into writing the October Red Dot, but Andrew Flachner of RealScout sent me a personal email this morning with his Open Letter to the industry attached. He’s spoken to me before about this initiative, and asked if I would write about it. Well, the Open Letter is now published, and Inman News has […]

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