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Tag: innovation

A Look Back on Real Estate Innovation in 2017

A Look Back on Real Estate Innovation in 2017

At the end of last year, I wrote a few real estate innovation predictions for 2017. The topics I predicted would see the most innovation: AI CityBldr Premier Agent Concierge Trusted Curation + Real Estate Search CRMs Partial Home Ownership In this week’s private newsletter for…

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Real Estate and Skunk Works Departments

Real Estate and Skunk Works Departments

I’ve been working within the fast-paced, risk-loving, fail-fast worlds of four different real estate industry startups for the the last 10+ years. I founded them all but three were bootstrapped and one was VC-backed. And while two of them went nowhere and two others resulted…

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The Journey From, and Back to, an Efficient Real Estate Transaction

The Journey From, and Back to, an Efficient Real Estate Transaction

You should all read Brian’s Friday Flash (on Thursday) post before the holiday weekend. It’s worth the read. I agree with Brian, I don’t think it can be said that today’s real estate process is more efficient. In fact, it’s less efficient and more complicated….

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Zestimate Forecast

Zestimate Forecast

Zillow’s newest innovation, the Zestimate Forecast, was announced yesterday… I’m a big big fan of the strategy. Is the data perfect? Nope. Are the forecasts accurate? Who knows. But that doesn’t matter at the end of the day. This is yet another innovation to win the consumer….

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(Lack of) Innovation from the Traditional Real Estate Franchise/Brokerage Ranks

(Lack of) Innovation from the Traditional Real Estate Franchise/Brokerage Ranks

Sure, my post about real estate franchises getting into the travel concierge game is a bit absurd. But sometimes the absurd ideas are the best ones. I had quite a few offline discussions with people in the industry about the travel concierge idea, and it…

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Once Again, It Is the Outsiders Innovating

Once Again, It Is the Outsiders Innovating

Yup, it’s happened again. Outsiders have out innovated real estate industry insiders. This time it is Redfin’s Agent Scouting Report. Any agent’s entire sale history analyzed and overlaid out on a map. Brilliant. For an example, take a look at Kris Berg‘s scouting report. I picked…

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An Incubator Conundrum: Real Estate’s PIE and Innovation

An Incubator Conundrum: Real Estate’s PIE and Innovation

I think we all understand the importance of innovation as the lifeblood of the economy as a whole. It’s pretty simple equation — if businesses don’t innovate and improve, they get beat by others who do. But innovation doesn’t just “happen”. Far from it actually….

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