Please Stop Fighting the Last War

One of the recurring problems of the real estate industry is that it is almost entirely reactive when it comes to problems. We continually look backwards, rather than forwards, then wonder why things don’t improve. A good example is the latest recommendation from Victor Lund of the WAV Group, who promotes Redfin’s idea that IDX […]

Does Fiduciary Duty Require Putting Listings on Zillow?

A really interesting discussion broke out in the comments section of my post last Wednesday titled “The MLS Is Not Doomed! But Most of Them Are.”  A reader with the alias DeRidder LA Real Estate, LLC injected everybody’s favorite topic, Zillow, into the conversation: Disallow compilations of your MLS data to be sent to Realtor.com, Zillow, or […]

Clarifying My Remarks About Upstream and the MLS at the Zillow MLS Summit

A couple of weeks ago, I had the opportunity to speak to a group of MLS executives and leadership at the Zillow MLS Summit in Las Vegas. It was a Q&A format with Mitch Robinson from Zillow interviewing me on a number of questions and issues related to Project Upstream and the MLS. The video […]

Inside Baseball Issue: IDX and Internet Display

In doing some research for a couple of assignments, I’ve run across something that’s quite frankly not all that interesting to anybody not in the real estate industry, which falls under the “Inside Baseball” type of stuff. For that matter, this might not be of any interest except to MLS nerds. But that’s what I […]

What If We Let the Consumer Decide on Syndication?

It’s funny. Although I’ve been writing about syndication issues on these pages for oh… five or six years now… looking at all the different angles to that dead horse that won’t die… thanks to a Facebook post I just read, I thought of another new angle. Just goes to show you (well, show me) that […]

Short Friday Post: What If the Industry Yanked All Their Listings?

I recently found this post on GeekEstate, which was from a while ago, that asked a provocative question: There are some proponents for the entire industry ceasing syndication entirely (specifically to Zillow). The thinking is generally “with no listings, Zillow would become irrelevant and lose all their traffic, all that traffic would frequent agent/broker websites, and the result would be […]

On Project Upstream (Part 2): The Path Forward

In Part 1, we discussed why Project Upstream as currently setup is problematic, despite the goals of Upstream being absolutely worth pursuing. In this part, I go more into offering solutions. Had I been involved with Upstream earlier on, this would have been my advice, but then, nobody asked me. 🙂 Basically, my take is that […]

On Project Upstream (Part 1): Great Concept, Problematic Execution

At the Inman Connect conference that just wrapped up, there was a “town hall” on a variety of topics featuring industry thought leaders like Marilyn Wilson of the WAV Group, Mark McLaughlin of Pacific Union, Joseph Rand of BHG Rand Realty, and Katie Maxwell of Intero. One question I asked was about Project Upstream, the recently […]

Syndication vs. IDX By the Numbers: A Response to Sam DeBord

Reader, thinker, and frequent commenter Sam DeBord has written a rebuttal over at GeekEstate to my declaration of vindication re: IDX = Syndication: IDX creates efficiency for brokers, which increases financial profitability for the group as a whole.  Syndication is a less-efficient platform in terms of overall brokerage profits.  Real estate is, on an annual basis, similar […]