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Compass Battling Regional Heavyweights, and Entering Seattle

by Drew Meyers on 9:15 am April 4, 2018

Tech enabled real estate brokerage darling Compass recently entered the Chicago market. Clearly, the local brokerage community noticed. Baird & Warner put an ad in the paper (via Geek Estate mastermind member Eileen of Truepad): @Properties put up the following billboard (via Eileen at Truepad via TheRealDeal): They are now entering Seattle. My hometown Seattle is the capital of real estate technology, with Zillow Group HQ and Redfin HQ less than a mile from each other, and a range of other startups in the area (including CityBldr … Read More »

Geek Estate Newsletter #22 – Zillow Goes to Canada

by Drew Meyers on 12:17 pm March 31, 2018

The purpose of Geek Estate’s mastermind community is two fold: Curate the most incredible and diverse membership of real estate innovators, creatives, doers, and creators in the world. Make our members wildly successful in their careers building real estate companies. In this week’s member newsletter (#22), I discussed Zillow plans for Canada, financial planning, and coworking. In my “non-industry reads” section, one of the links included was I Can’t Wait for You to See What We Do Next by Kevin Gibbon (CEO of Shyp). Kevin mentioned “…growth at … Read More »

Whereby.US Launches Brands in Portland and Orlando

by Drew Meyers on 2:53 pm March 22, 2018

Whereby.US is a creative agency for local that I’ve mentioned here before: We build local media brands for growing cities, and a technology platform to make it possible, with a focus on delightful email newsletters and meaningful communities of local explorers, makers, and leaders They just announced they launched brands in two new cities: Orlando and Portland. I’ve been a subscriber to their Seattle brand, The Evergrey, since it’s very earliest days, and love it. If you’re a resident of either city, I encourage you to click … Read More »

Thoughts on Zillow’s Latest Consumer Brand, Out East

by Drew Meyers on 10:06 am February 16, 2018

Zillow recently launched a new brand, Out East. It’s a portal for the Hamptons, joining Street Easy as a Zillow Group consumer brand on the East coast. It’s the result of their acquisition of Hamptons Real Estate Online (see here), which turned out to be an “SEO juice” acquisition (that shouldn’t surprise anyone). I wrote an article with my thoughts on their last consumer consumer brand launch, RealEstate.com — and thought I’d write a few thoughts on Out East. What exactly is Out East? Out … Read More »

FBS acquires Solid Earth’s Spring software platform

by Michael Price on 9:46 am December 4, 2017

FBS, the creators of the industry-leading Flexmls® System and Spark Platform, announced today the acquisition of Solid Earth’s Spring software platform along with the hiring of the Spring team. Combining the Spring® Portal, the Spark® API, and the Flexmls® System establishes a completely new, powerful platform that puts MLSs, brokers, and agents in full control of their data and brand to clearly to beautifully showcase their unique value propositions to their client-bases on both web and mobile platforms. Earlier this year FBS and Solid Earth created a partnership that put the power … Read More »

HouseCanary Raises Another Round, and I Still Don’t Get It

by Drew Meyers on 10:30 am September 25, 2017

HouseCanary raised a series B. $31 million. (via TechCrunch & Inman). From TechCrunch: HouseCanary’s business revolves around selling software to appraisers and real estate investment firms. I’ve never understood their strategy, or differentiator for that matter. I have to admit — I still don’t understand the need for so much funding. A true b2b enterprise sales model should not need $60 million plus in funding. Maybe I’m missing something. If anyone can shed some light, by all means, please do.

Walmart and Home Deliveries (without you being home)

by Drew Meyers on 9:08 am September 24, 2017

A few minutes after I published my post on Smart Homes, I saw the news that Walmart is testing in-home delivery of packages and groceries (TechCrunch). That means you don’t need to be home when the delivery happens, and the products are left inside your home rather than left on the doorstep for a thief to snatch. See the video here: We’re in interesting times indeed.

Congrats to Jeff Turner, immoviewer’s New CEO

by Drew Meyers on 12:44 pm September 22, 2017

A big, big congrats to one of true gems of this industry — Mr Jeff Turner — for his new role as CEO of immoviewer, the 3-D virtual tour technology based in Europe. (see here for some context on why I cherish him). Given his love of photography and real estate, this is a clear match made in heaven. Press release: immoviewer Announces Appointment of New CEO Jeff Turner Named Chief Executive Officer For Immediate Release BERLIN, GERMANY – September 22, 2017 – immoviewer, the European market … Read More »

Class Action Suit Against Zestimates Dismissed

by Drew Meyers on 3:32 pm August 24, 2017

When I first heard the news that someone in Illinios was suing Zillow over a bad Zestimate, my gut was it was a complete frivolous lawsuit that would result in nothing other than wasting both time and money by both parties. Turns out I was right. The judge dismissed the case. I’m no fan of lawsuits, and glad to see the judge make the right decision on this one. (and yes, I realize this post isn’t technically “real estate tech”)

More on Nextdoor & Real Estate

by Drew Meyers on 8:18 am August 22, 2017

Nextdoor recently launched an ad product targeted at agents. A couple weeks ago, they took the next step and added real estate sections to neighborhoods in select cities (greater Atlanta area, Austin, San Francisco Bay Area, Dallas-Ft. Worth, Houston, Los Angeles, Phoenix, Portland, Sacramento, and San Diego). Much of the current product seems to be about helping agents showcase their listings. It’s no secret real estate listings are a valuable piece to engaging content to home owners — but I certainly don’t think Nextdoor wants to be, … Read More »

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