Initial Reaction: Realogy + Amazon
So, I’m about to head off to another day at Inman Connect so this will have to be very brief and very shallow. I’ll have to take some time to […]
[VIP] Did Redfin Just Surrender?
Yesterday, Redfin announced that it was entering into a partnership with Opendoor to become a conduit for Opendoor’s direct purchase offers: SAN FRANCISCO and SEATTLE, July 11, 2019 /PRNewswire/ — Opendoor and Redfin, two […]
[VIP] Redfin Direct vs. Zillow Offers At Full Scale: A Thought Experiment
[I will be on the road all next week so blogging will be a bit light. I hope the flurry of activity in recent days will provide enough reading and […]
iBuyer and the Issue of Concessions
In a couple of recent VIP posts, I looked through limited number of iBuyer transactions of both Opendoor and Zillow. I then took the most interesting conclusion one can draw […]
OpenBoxMLS: An Open Source Acorn
“All of us are smarter than any one of us.” – Jim Zemlin, LINUX Foundation Remember this day: May 14, 2019. This is the day when BoxMLS announced OpenBoxMLS, the […]
Shiva Wept: NAR Reach 2019 and Industry Mindset
A couple of weeks ago, NAR’s Second Century Ventures announced the 2019 class of companies in its REACH program. What is REACH? Here’s the official description: “The REACH® accelerator focuses […]
[VIP] Don’t Tell Yourself Pretty Lies, Part 2: Opendoor Sales Analysis
In Part 1, I looked at the economics of iBuyers generally, and concluded that we need to analyze them as market makers, using market maker economic models, rather than as […]
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, [...]
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 [...]
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 […]
