In March, I said I think we’re early in VR adoption. I still believe that. Torontorentals has added 3d virtual tours to their website. I certainly do think searching rentals are a better initial use for VR than buying a home. Another plus to that…

Earlier this week, I saw Victor Lund’s post about Glenn Kelmans’s call for IDX policy revisions requiring link backs to the broker. My first reaction was: this is a brilliant initiative/strategy. For Redfin. Not for the industry. I planned to write a blog post. Then,…

You may have seen the news that Zillow Group acquired New Home Feed, which does syndication for new construction. Makes strategic sense for Zillow Group to get a bigger foothold in new construction syndication. Listing Syndication Landscape Update You may remember my prediction on the…

Those of you in Seattle may have seen the article in the Seattle Times last weekend. Amazon occupies 19% of the prime commercial real estate in the entire city. They are hiring 400 people a week. That pace is simply mind blowing to think about. This…

I noticed this ad from Black Knight over on Inman today: The “Differentiation Begins with Data” caught my attention. The thing is, I’m not so sure that’s a true statement. I happen to believe the way to differentiate is more simplicity, and less data. What…

$40 million in fresh funding is an indicator the HomeLight tv ads I wrote about earlier this year were an indicator something is working. I’d be curious to know what their cost of customer acquisition is for the big 500% growth number cited in the…

It’s safe to say virtually every single real estate technology product is plagued by distribution challenges in 2017. Some of you may have seen the news that Cloud CMA and Tom Ferry teamed up…see details here: Having the most prolific speaker in the industry promote your product is…

Onboard Informatics has been working on a new AVM brand that was announced today — myAVM. My question is the same one I have about RealEstate.com — do millennials really need their own AVM? I get that brokerages and agent want to integrate a white label…

Looks like brokerages/franchises are going down the instant offers path in order to help their agents win more listings (as I guessed). ERA is joining the mix (Inman coverage here) that includes Zillow, Redfin, Opendoor, Easyknock, and OfferPad (and others). PS: I found the following video…

You may have seen the news that Nextdoor is releasing a new feature allowing agents to advertise themselves and their properties on the Nextdoor website (Inman coverage). I think they’ll learn what we learned at Zillow early on: self serve for agents doesn’t really work. (maybe,…