I’ve been extraordinarily busy with the final edits on the inaugural issue of The Red Dot, my new premium newsletter offering. It should ship tomorrow to all subscribers, so they can be ahead of the curve and avoid the $225 million lawsuit landing on their doorsteps. /salespitch So blogging has been a bit light. Future … Read more
Look, the past 24 hour or so has been a lot of fun. I know I had a few laughs. But things are getting a little out of hand, y’all. Plus, it’s far too late, and I have real work to do and too little time to do it all. Nonetheless, this whole NAR #Logogate … Read more
As you might have noticed, the last few days here on Notorious have been a touch heavy. That’s not a bad thing, because heavy topics like the future of the industry and the tipping point of brokerage deserve serious (and long) discussion and debate. I’ll likely get back into that soon, as I’ve been reading … Read more
[NOTE: Some of the early comments focused on Inman’s reporting, and my reliance on that as some kind of a flaw. I have now watched the entire speech on video. I stand by my analysis in this post. If there is a flaw, please feel free to point it out, but don’t have it be … Read more
A week ago, the California Association of REALTORS held a very interesting panel discussion on the MLS, and live-streamed it. I hope I’m embedding this correctly below. Seriously, watch the whole thing if you haven’t already. It’s really good. I’m sure there are other things to talk about from this panel, but for now, I … Read more
Okay, it turns out that Part 2 was the difficult one to write, because of how complicated organized real estate is. Part 1, the impact on brokerage, is here in case you missed it. The final question is the impact on technology vendors in real estate. They are actually a pretty important part of the … Read more
Since I wrote most of the last post about Redfin’s IPO off-the-cuff without thinking too hard, I promised I would have something more substantive on Redfin’s IPO and the possible impact. Well, as it happens, I’m writing up a fairly significant white paper on the future of brokerage and this goes right to the heart of … Read more
I have been waiting, wanting, hoping for Redfin to go public for a few years now. For a bunch of reasons, mostly having to do with getting another company in real estate to have to report publicly about their operations and their numbers. Well, my wish has been granted. Redfin just filed its S-1 to … Read more
Usually, Notorious is what you might call an underground-yet-not-really phenomenon. That is, I know that almost all of the leaders of the industry read it, and I get emails, messages, and phone calls from them from time to time responding to one post or another. Very, very rarely do I get a public response from … Read more