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Competition in Real Estate is Changing

A few random, or perhaps not so random, thoughts this morning from three recent news stories. First, we get a story in the mainstream media by Andrea Riquier of Marketwatch, about Keller Williams entering into the iBuyer space: Keller Williams, the sprawling national real estate franchisor, plans to launch an instant offer service later this […]

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Columbus Ships by Pierre Salsiccia

BaaS is a Thing (and Why You Need to Realize It)

[Rob: I’d like to welcome Zane Burnett to the Notorious ROB family. I thought this post of his from LinkedIn was so good, and knowing Zane, felt that you all would benefit from his perspective on brokerage and technology issues. I understand we need a rap name for Zane soon, and he’ll be taking suggestions […]

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old and busted car

Is It Time to Stop Solving Yesterday’s Problems?

Over at the WAV Group blog, Marilyn Wilson ponders whether it is time for a National IDX: Today, we have robust rules in place that allow a broker to share their active, pending and in some cases, sold listings with their fellow practitioners via a local IDX policy. What if we took that idea to […]

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The Most Important Article for REALTOR Leaders to Read: The End of Aspiration

I’m busy and about to head off to a strategy session, but I had to share this with you all — especially with those who are in leadership positions in REALTOR Associations and local/regional MLSs. I may have thoughts on this in the future, but for now, let me just tell you that this might […]

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2019_Mega_1000

Some Interesting Numbers from Swanepoel’s Mega 1000

Earlier today, T360 released the Swanepoel Mega 1000 report, ranking the top 1,000 brokerages by volume and transaction sides. Obviously, this report is competing with the current industry standard, the Real Trends 500 report. T360 sent me the data they used to compile the list, and told me to write what I found interesting about […]

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lap-of-grace-sadhguru

The Curse of Experience, the Real Estate Edition

I was recently at a real estate conference for a major brand watching a panel discussion. I’m leaving names out because it’s not important to the question/point I’m making and don’t want the distraction. The panel was a younger moderator (in his 40s) and two industry executives who have 40+ years of experience each. These […]

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red pill blue pill

60% of Home Sales by 2024 Will be iBuyer: For My Friend James Dwiggins

Okay, so just had an exchange on the Book of Faces with my good friend, James Dwiggins, the CEO of NextHome. He’s really one of the smartest and nicest guys in the business, and it’s always fun to talk industry issues. And I started to write a response and thought, why not, a short blogpost. […]

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Horace Grant Underwood

Important Lesson for Brokerages from Opendoor’s Eric Wu

Over the weekend, I saw a video from a session at Startup Grind Global Conference in which Eric Wu, the CEO and Co-Founder of Opendoor.com, was interviewed by Elad Gil a “serial entrepreneur,¬†executive (Twitter, Google, Color) and investor at leading companies like Airbnb, Coinbase, Instacart, Pinterest, Stripe, Square, Wish and others.” Inman ran a story […]

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lion on hunt

Do Not Minimize Ragnarok: Very Serious Legal Threat, Part 2

So my flight is delayed… for hours… which usually leads to drinking. I thought I might do something else instead. Since I posted about the antitrust lawsuit filed against NAR and four large real estate companies, I’ve read a ton of comments from people who are not antitrust attorneys about why this case is frivolous, […]

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open-source

Future of MLS Technology: Open Source Software

A couple of weeks ago, I gave a presentation at the Clareity MLS Executives Workshop in Scottsdale, AZ. It was on a topic that is near and dear to my heart, as I actually wrote a whole business plan way back in the day on introducing Open Source software to the MLS industry. I abandoned […]

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thor-ragnarok-norse-prophecy-surtur-1051074-1280x0

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 […]

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