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Reimaging the City as a Digital Platform

by Drew Meyers on 2:00 pm February 13, 2017

The future of cities is a topic that fascinates me. I watched a presentation by two team members of Sidewalk Labs about Reimaging the city as a digital platform. It touched on where they see the future of cities are headed. Among topics such as self driving cars, they touched on 5 primary physical identifiers that cities are composed of — path (sidewalk, road), edge (train tracks), node (train station), district (neighborhoods), and landmarks (Central Park, Space Needle, Eiffel Tower, etc) — and their digital equivalents. If you’re as … Read More »

Why Brokers Support The Broker Portal

by Merle Whitehead on 5:00 am

Homesnap and Broker Public Portal

Background For the past two years, it has been my distinguished honor to serve the industry in the development of the Broker Public Portal. Today, I serve as the company’s Chairman, and am one of the representatives of the Large Broker class of the Board of Managers. Background about the Broker Public Portal MLS consumer websites have been around forever in real estate. There has been a long discussion between brokerage firms and MLSs about the nature of competition between those consumer sites and the … Read More »

Is Your Technology Hijacking Attention, or Improving Humanity?

by Drew Meyers on 9:30 am February 4, 2017

I listened to the RECODE podcast with Tristan Harris this week while I was working late. Super fascinating discussion. Formerly a Design Ethicist at Google, he’s now working on Time Well Spent: Time Well Spent is a movement to align technology with our humanity. Today apps and media compete in a race to grab our attention. Join a movement to: Live better with more empowering settings for our media and devices. Change incentives so media competes to improve our lives, not get eyeballs. Invent new interfaces that help … Read More »

Real Estate Brokerages/Franchises…and Innovation?

by Drew Meyers on 9:00 am January 11, 2017

I read Patrick Sisson’s piece on Curbed, Can cities create innovation hubs that work for the entire economy? The future of cities is a topic that intrigues me, and believe innovation hubs are part of that (for some cities). Durham seems to be proving that. Innovation hubs are fundamentally about community. Those that succeed in real estate, are in the business of building community. Why aren’t brokerages / franchises investing in local innovation labs?

Shattered Glass Podcast – More Opendoor / Real Estate Analysis

by Drew Meyers on 2:21 pm December 27, 2016

For those interested in further analysis of Opendoor and real estate tech, here’s a podcast I listened to you may be interested in. It’s right here (66 minutes).

A 2nd Viewpoint on Real Estate Innovation in 2017

by Drew Meyers on 12:55 pm December 22, 2016

What am I thinking about as we go into 2017? What innovation are we going to see in the new year? I figured I’d write my own predications to follow Walter’s. Here we go… AI — I agree with Walter that AI is going to continue to be a point of innovation in 2017 (and beyond). I believe there is an opportunity to use AI to “predict” homes buyers would be interested in — without them even asking. That said, I hesitate to include AI … Read More »

Real Estate Innovation to Watch in 2017

by Walter Baum on 12:22 pm December 19, 2016

For those who like a quick summary, keep your eye on these technologies in 2017: Virtual Reality Home Tours “Uber for” Real Estate A.I. Real Estate Search Looking back on 2016, it was quite a big year. I got married, got a puppy and joined an exciting new company. Oh, and several technologies quietly caught the attention of our industry as potential ways to change the game. I am thankful to have spent the better part of a decade connecting with some of the most … Read More »

Play Bigger, and Category Kings

by Drew Meyers on 7:20 pm December 16, 2016

I started a new book this morning. Play Bigger (affiliate link). The book talks about category kings, and the fact that the king always captures 70-80% of value/revenue in a given category, 2nd place grabs enough to scrape by and remain viable — and everyone else fights for the scraps (and generally ceases to exist). Category kings don’t sell better. They sell different. There is one clear a category killer in online real estate. Zillow. (in fact, Rich Barton was mentioned in the book for his work … Read More »

Working on Hard Things

by Drew Meyers on 11:06 pm December 11, 2016

I’m a big fan of Chamath Palihapitiya. Why? He’s incredibly smart, and doesn’t bullshit. Below is a recent discussion he had with Semil Shah (note I also shared a video of the two a year ago). If you watch/listen, you’ll quickly realize he’s a massive proponent of working on hard problems. He breaks companies into three buckets: Bits to atoms (Amazon, Tesla, Apple, etc) Sticky bits/marketplaces (Facebook, Slack, Salesforce, etc) Everything else There’s far too many entrepreneurs (and capital) focused on #3, and not nearly enough on … Read More »

The Broader Opportunity Related to Co-Buying

by Drew Meyers on 8:00 am December 7, 2016

Some of you may have seen our feature on CoBuy. I had the chance to meet Matt and Pam the other day at Impact Hub, discuss their progress and business, as well as think further about the broader implications and trends of co-buying properties. I don’t think there is any question co-buying is going to increase. The economic reality of skyrocketing home prices (both sales and rentals) make that a certainty in expensive coastal markets such as Seattle (assuming, of course, home ownership remains part of the american … Read More »

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