My gut tells me that Compass might file an IPO sooner than later — this year, even. In doing so, they’d seek to join the gaggle of private tech companies rushing to go public before the bubble (if that’s what this is) bursts. Continue reading
Zillow’s recent pivot from a traditional agent ad model to it’s all-in instant offer business model reminds me of Netflix’s gutsy decision in 2007 to move into streaming and away from its profitable DVD-by-mail model. Continue reading
The big takeaway from Inman Disconnect is that there are two fundamental ways of looking at the real estate future: bright or dark. This group of influential real estate professionals resolved that the future was promising because consumers were taking… Continue reading
NRT CEO Ryan Gorman is heads down, using big data to figure out how to get out from under commercial leases, reducing the biggest expense of most broker-owners: office space provided to house weak agents. They are also shedding more and more poor perfo… Continue reading
The realty gossip mill is buzzing these days with rumors about Zillow, Keller Williams and NRT. Continue reading
Gary Keller has embarked on the risky journey of reshaping Keller Williams around his technology vision. The fate of the universe is not at stake, but Keller’s legacy might be. Continue reading
In the end, broker cooperation becomes less and less important. The listing business, as we know it, will be much smaller. Buyers will compete with institutions and agents will deliver on demand service or risk being left out. Continue reading
Zillow is suing Compass because it worries about anybody who is focused on using technology to reduce the time, stress and uncertainty it takes to buy and sell properties. Continue reading
Our homes have changed, becoming more complicated but also more significant in our lives. It’s time to reconsider the home and it’s importance in our lives. Continue reading
ZORC — Zillow, Opendoor, Redfin and Compass — are shaping up to be the future proptech real estate titans. Where Keller Williams, Realogy and RE/MAX fit in is still up for grabs. Continue reading