Because of your importance as a Premier Agent, I wanted you to be among the first to learn we have just announced that Zillow has entered into a definitive agreement to acquire Trulia. You can read the full press release here. I'm really excited about this...
The Future
Dismantling the Cabal, Part Two
If the Zillow purchase of Trulia comes together, and Zillow wants to further their dominance without creating a standard brokerage, how could they do it? There are 17,488 dues-paying agents who are members of the MLS in San Diego County. There are at least another...
Dismantling the Cabal
If Zillow and Trulia join forces, could they take over the industry? The real estate-selling industry will need to concede, either formally or informally. Informally, we have already given up. We are not a union, and there is no real leadership among realtors. We...
Zillow-Trulia Merger
There's a rumor about Zillow and Trulia merging: http://www.inman.com/2014/07/24/zillow-and-trulias-share-prices-surge-on-merger-rumors/ http://www.bloomberg.com/video/why-zillow-would-want-to-buy-rival-site-trulia-meCu5DI0SkqsPqojyuGlXw.html Hat tip to Joe who sent...
Realtors and Technology
Hat tip to Richard who sent in this article from msn.com: http://realestate.msn.com/blogs/post--are-real-estate-agents-an-endangered-species It documents the usual positions on technology eliminating the need for realtors - with the outsiders expecting our certain...
Doggie Suites
Hat tip to daytrip for sending this in: http://www.mercurynews.com/business/ci_26159482/homebuilder-adds-sweet-pet-suites-entice-buyers Standard Pacific Homes is building and selling homes in 27 developments from Florida to California and is believed to be the first...
Zip Sold
It was announced that Zip Realty is being bought by real estate conglomerate Realogy (Coldwell Banker, ERA, Century 21, Better Homes and Gardens, and Sotheby's International). Commenters at the bottom of this article scoffed at the benefit:...
Bet Your Boots?
Another attempt to corral the off-market pocket listings into a profitable venture - this by grouping the top producers together into their own MLS Club: http://www.bloomberg.com/news/2014-07-10/pssst-wanna-sell-your-house-can-you-keep-a-secret-.html An excerpt: Wall...
Changing Real Estate
More people talking about change should expedite the process - though the realtor quotes in here are a little disappointing: http://mashable.com/2014/07/09/big-data-real-estate/ Real estate has traditionally been a game won or lost based on old-fashioned networking...
More on ‘Coming Soon’
Wifey thinks I've been a little too hard and snarky on the Zillow topic, but these guys didn't hold back here (hat tip Stormin'): http://thenationalrealestatepost.com/will-zillow-start-taking-listings-and-selling-homes/