The board of realtors had me over for a chat, wondering if there were any ideas they could implement to improve their standing and ability to assist our fellow realtors before being run over by the ZillowTruliaRedfin truck. So I laid out my favorite, plus I'll add two...
The Future
The Future of Real Estate Selling
The topic of disintermediation coming to the real estate industry has been bandied about for years, with no one obvious solution. This author brings it up again, whining about the usual complaints: http://techcrunch.com/2013/08/04/who-will-disrupt-real-estate/ What...
Zestimate
This video gets a little geeky but if you wanted to see more San Diego stats plus a good explanation of the zestimate from Zillow's economist, check it out here (they update the zestimate on every property in America three times a week!): US Zillow Home Value IndexUS...
Zillow and the Future
Spencer was in town today discussing the Zillow features. www.zillow.com These are mostly things that NAR, CAR, the MLS systems, and major brokerages have ignored or tip-toed around, but Zillow doesn't seem to care any more - they are going for it. They are throwing...
Too Little, Too Late
NAR is finally getting around to wondering if they should do something with realtor.com, and start competing with those pesky upstarts Zillow and Trulia - in fact, they've called a special meeting! http://www.inman.com/2013/07/23/will-nar-let-realtor-com-soar/ Todd...
Panel of RE Leaders
The titans of on-line real estate in a panel discussion about the future: In the beginning the moderator claimed that Zillow is the MLS in many cities, and their COO didn't want to have anything to do with it. Either Zillow is planning a sneak attack, or they are...
More Young People
There will be more 20-somethings over the next 20 years than at any time in the country’s history, which apartment developers and lenders need to remember when thinking about construction and rental prices. This was one piece of advice that Dr. Richard Green, director...
Density and Growth
Build up or increase density — those are the options for San Diego real estate professionals who are trying to figure out how to accommodate a growing population with land that’s about 95 percent built. One of the biggest challenges is the community’s perception that...
Zero Energy
Hat tip to ocrenter who sent this in from Bloomberg - a prototype new home that generates its own energy that they think they can sell for around $250,000: The youtube remarks are somewhat critical of the idea - you still have to purchase the natural gas to run the...
Traditional Realtors And The 6%
Bloomberg has an article on the traditional real-estate-agent model, and the upstarts trying to change it. http://www.businessweek.com/articles/2013-03-07/why-redfin-zillow-and-trulia-havent-killed-off-real-estate-brokers#p1 Why has the traditional-agent model been so...