There’s always something to howl about.

Category: Blogging (page 38 of 84)

Announcing The Phoenix Real Estate Technology Exchange: Putting flexmls’s feet to the fire so you don’t have to…

As promised, this morning a cadre of Phoenix-area webloggers are launching The Phoenix Real Estate Technology Exchange.

From the brand new weblog’s About page:

The Phoenix Real Estate Technology Exchange is a group weblog created by the Phoenix real estate weblogging community, by members of the Arizona Regional Multiple Listings Service (ARMLS) Board of Directors and by Michael Wurzer of FBS Systems, Inc. Its primary mission is to serve as an unofficial conduit of support and information for ARMLS members during the transition from Tempo to the flexmls on-line MLS system. Given the rapidly increasing role of technology in the practice of real estate, this mission is certain to creep into other areas of Realtor technology as time goes by.

There are a total of ten contributers to the weblog at its launch, including ARMLS President-Elect Gary Cumiskey. This is the roster of contributors so far:

Jay Thompson
Realtor
PhoenixRealestateGuy.com

 
Tony Marriott
Realtor
MarriottRealty.com

 
Steven Groves
Real Estate Technology Consultant
StevenGroves.com

 
Greg Swann
Real Estate Broker
BloodhoundBlog.com

 
Cathleen Collins
Realtor
DistinctivePhoenix.com

 
Michael Wurzer
President and CEO of FBS Data Systems
flexmls.com

 
Jonathan Dalton
Realtor
DaltonsAZHomes.com

 
Gary Cumiskey
ARMLS President-Elect
DryHeat.com

 
John Wake
Realtor
ArizonaRealestateNotebook.com

 
Russell Shaw
Mega-Producing Realtor
NoHassleListing.com

Other contributors will be added as the installation of flexmls proceeds.

The entire point of this exercise is to help Phoenix-area Realtors plan for, adjust to and profit from the coming change in our MLS system. Accordingly, if you publish a real estate weblog in the ARMLS service area, it would be a good thing if you were to echo this announcement. And if every wired Phoenix-area Realtor were to pass this information along to his or her colleagues — and brokers and sales managers — that would be very helpful.

The URL of the site — phoenixrealestatetechnologyexchange.com — is a mouthful, so feel free to share an abbreviated form: PRETexchange.com. Either URL will take users to The Phoenix Real Estate Technology Exchange weblog.

For now this is a local issue, but national readers should not feel themselves left out — or unwelcome: Michael Wurzer and FBS Systems are letting true propeller-beanied Web 2.0 geeks have an on-going influence on their biggest installation so far. The work that is undertaken and documented at The Phoenix Real Estate Technology Exchange could have a profound impact on MLS systems nationwide. And Read more

The Odysseus Medal competition — Voting for the People’s Choice Award is open

Redfin’s financial underbelly, the top-bazillion-bloggers and leftovers from last week’s ActiveRain thunderstorm. These are just some of the topics addressed in this week’s Odysseus Medal competition.

Vote for the People’s Choice Award here. You can use the voting interface to see each nominated post, so comparison is easy.

Voting runs through to 12 Noon PDT/MST Monday. I’ll announce the winners of this week’s awards soon thereafter.

Here is this week’s short-list of Odysseus Medal nominees:

< ?PHP $AltEntries = array ( "Pat Kitano -- Active Rain What Active Rain should do now”,
“Kris Berg — Soledad Mountain
“They made such a beautiful home.”“,
“Dan Green — Jobs Report Measuring The Statistical Insignificance Of The Monthly Jobs Report (October 2007 Edition)“,
“Jim Watkins — Lenders When Lenders Mess Up, Everyone Suffers!“,
“Dan Melson — Foreclosure Scam The \”We’ll Keep You In Your Property\” Scam“,
“Jay Thompson — WordPress 2.3 Upgrading to WordPress 2.3“,
“Jonathn Dalton — Weblog Comments Why Do We Allow Comments?“,
“Sandy Kaduce — Redfin Financials Dr. Kelman–Or How I Learned to Stop Worrying and Love the Redfin“,
“Michael Seguin — Central v. Distributed Central vs Distributed – a familiar cycle“,
“Kevin Boer — Redfin Financials How Come Redfin’s P&L Looks Distinctly Unlike That Of A Traditional Real Estate Brokerage? Because Redfin Is Actually A Brokerage, Not A Landlord!“,
“Brian Boero — Online Marketing Online real estate marketing made simple“,
“Alex Mather — NAR REALTOR This, REALTOR That, An Open Letter to the NAR“,
“Jillayne Schlicke — FHA Reform FHA: A Siren Who Just Might Break Your Heart“,
“Michale Wurzer — Phoenix MLS Big News“,
“Glenn Kelman — Redfin Financials Financial Models for Underachievers: Two Years of the Real Numbers of a Startup“,
“Lani Anlgin — Aaron Anglin “Thank You” is not enough“,
“Kris Berg — The Inman 25 The Honor is All Mine!“,
“Greg Perry — Buyer Turnoffs The TOP 10 Most Offensive Buyer Turn-Offs“,
“Greg Tracey — Real Estate Market Things I Like About the Current Market“,
“Kris Berg — Birthday Brass in Pocket
);
shuffle($AltEntries);

$radioGroup = “”;
$num = count($AltEntries);
for ($i=0; $i< $num; $i++) { $pieces = explode("\t", $AltEntries[$i]); $radioGroup .= "

  • “;
    $radioGroup .= “$pieces[0], “;
    $radioGroup .= “$pieces[1]”;
    }

    echo (“

      $radioGroup

    “)
    ?>

    Deadline for next week’s competition is Sunday at 12 Noon PDT/MST. You can nominate your own weblog entry or any post you admire here.

    Technorati Tags: , ,

  • You, too, could submit one of the 25 most influential Odysseus Medal nominations

    I’m sitting on a long list of over 60 nominations, so there probably won’t be a detailing of the long list this week, at least not this morning. But there’s still time to make the short list: Deadline is today at 12 Noon PDT/MST. If you know of something worthy of recognition, your own work or someone else’s, nominate it now while you’re thinking about it.

    Technorati Tags: , ,

    Brass in Pocket

    I think I forgot to put the cat out. But, I’m still curious – Who did set fire to her? My personal thermostat is broken. I now spend my days alternating between down jackets and ice packs. If there is a way to simultaneous run the furnace and the air conditioner, I am determined to find it. My total 20 minutes of sleep last night involved dreams of dorm rooms, escrows and Russell Shaw. (Don’t get excited, Mr. Shaw. It was the “You are a Failure of Epic Proportions” post that slipped into my subconscious. I have since determined that I am destined for moderate success, since the last thing I wanted to do yesterday was read a 2,000 word blog post on how much I suck. I skimmed).

    It is so much fun getting old. Happy birthday to me.

    Years ago, the children in my daughter’s second grade class each had to give a presentation on an exotic animal. The question and answer periods were more fun than my third time watching Weekend at Bernie’s. This is where classmates would toss out random questions about the featured animal, thus allowing the presenter to demonstrate their command of the subject. One girl mentioned that the okapi was threatened by the jackal. “What’s a jackal?” one child asked. “Oh, (pause) a rabbit.” Everyone was quite satisfied.

    You see, if your audience is clueless, you can say just about anything and get away with it. If you only think in these terms, if you forget that your readers might know a thing or two, or if you forget along the way that people actually may be reading what you write, then you may only think you can get away with it.

    On the heels of Inman’s Top 25 Most Influential Bloggers award, I am reminded that there are many (at least 25) writers who blog with passion and with credibility – with something to say. I am also reminded of how competitive is this business, and how competitive this business of blogging is becoming.

    Blogging takes two forms. The blogger either has information or has opinions to share. Philosophical opinions, opinions of “what if”, can be debated, but Read more

    FlexMLS is coming to Phoenix!

    This is strictly local news, but I can’t stop myself from rejoicing:

    FlexMLS is replacing Tempo as the web-based MLS system for the Arizona Regional Multiple Listing System.

    What this means is that Michael Wurzer, whom we all know and revere, has volunteered to be devoured by savage Bloodhounds.

    No, that’s not it. What it means is that we are about to get an MLS vendor who is willing to listen to us, and who very earnestly wants to do his very best — not just because it will mean more business for his company but simply because he is internally committed to doing his very best.

    To this, there is but one word that expresses the proper reaction: Hallelujah!

    The Epicentrics are already talking about building a group blog for this transition, so that we can help take away the fear of change as well as explore all the exciting new capabilities we stand to gain.

    Michael plans to blog the transition from FBS Blog, and I know Cathy, Russell and I will be talking about it here. I can’t see Jay or Jonathan holding their tongues. This could be the most-blogged-about software installation in the history of wired real estate.

    My response to Michael’s post this morning: “NOW I’m interested in being involved.”

    Technorati Tags: , ,

    The Lords of Dogtown: How do you get to be a BloodhoundBlog contributor?

    We’re adding a new contributor today, Sean M. Broderick, CCIM:

    Sean Broderick is a real estate developer and a practicing commercial real estate broker, holding the coveted CCIM designation. His career has taken him from Florida to California, with a stint in minor league baseball.

    James Hsu, who has always had a lot on his plate, is expecting twins. For now at least his plate is laden with dinner for five, so he’s going on the back-burner for a while. His account remains active and he’ll rejoin us when he can.

    How do you get to be a BloodhoundBlog contributor? There’s no set formula, but a good rule of thumb is to bring us something we don’t already have. If you’re a Realtor in Phoenix, you would probably have to out-write me, out-wow-factor Russell and out-charm Cathleen to make the cut. Sean is a good writer with interesting points of view, but the fact that he’s a developer working the commercial investment side of the street makes him a unique contribution to our roster of contributors.

    If you write and reason very well, your chances with me are great. I care a lot about the diversity of viewpoints we bring to the marketplace of ideas, but first-quality writing covers a lot of ground with me. Even so, if you’re a top-executive at a major brokerage franchise or a Real Estate 2.0 start-up, you can come on board even if you get lost mid-alphabet. We’ve swung and missed three times at big-name contributors — all chickened out (or were compelled to chicken out) for corporate PR reasons — but we haven’t given up.

    What’s in it for you? Fame and influence. I say there are no rules for BloodhoundBlog contributors, but that’s no wholly true: We’re not in the business of selling anything except good ideas. Most commercial weblogging is done in pursuit of commercial objectives, but that’s at best a secondary pursuit here. We throw off dozens of hard clicks a day to our contributor’s home weblogs or web sites, and some of that may turn into business for them. But we attract around 1,200 unique Read more

    Who is the most influential real estate weblogger in the RE.net? Beyond all contest or doubt, it’s Dustin Luther

    This is me in a comment at Todd Carpenter’s REMBEX Blog Fiesta:

    Not to be too contrarian, but this is all Old Testament. None of these people meant anything to me when I was building BloodhoundBlog. If influence means creating the RE.net as we know it, Dustin Luther is the New Testament. He’s not a category killer, but the phenomenon Inman is trying to surf has Dustin as its without-whom-not. I may post on this, because it’s a point we ought not lose in the hoopla. I know Dustin would credit Levin and others, but the fact is that Dustin more than anyone else invented this thing we do.

    I hadn’t intended to write anything about this silly Top 25 list, other than to make fun of it in comments to Russell’s post, but I didn’t want to let the moment pass without drawing attention to Dustin’s amazing achievement.

    Todd was writing about the people who pioneered the idea of real estate weblogging, and I certainly don’t want to take anything away from them. But the real estate weblogs that dominate the conversation now owe their origin either directly or by — perhaps unknowing — concatenation to the work that Dustin Luther did in building Rain City Guide. BloodhoundBlog, as I disclosed very early on, is a virtual blogchild of RGC, a maculate reconceptualization of ideas Dustin invented or himself reconceived — not from the nascent RE.net but from the weblogging world at large.

    Inman’s list means nothing to me. I don’t want to be categorized in any way with exponents of evil, which Keith Brand surely is. The idea of being influential is important to me, but there are but few human behaviors upon which I would seek influence, with all the rest being so much noise. What Inman is celebrating is not influence but popularity — or perhaps simply the celebrity of having been written up in the past by Inman. It’s all one to me in any case. The entire universe I would conquer can be encapsulated by a baseball cap. Lend me your mind, and the rest of the world comes Read more

    Oh, good grief! He went to JARED…

    Joel Burslem cites a Glenn Kelman quote from a comment to John Cook’s post this morning, but I think this one is more interesting:

    By the way, no matter how many times the real estate industry insists that we’re JARED (Just Another Real Estate Discounter) we can’t help but add that our goal is to be different and better, whereas discount brokerages simply aspire to be the same but less expensive. This is why we say we’re not a discount brokerage, we’re an online brokerage.

    “JARED” is a genuine neologism as far as I can tell, and a boon to the taxonomy of real estate brokerages.

    Technorati Tags: , , , ,

    Budgeting Redfin: Making the numbers work in a corporate brokerage

    Last week Peter Coy at BusinessWeek made a point of asking Redfin’s Glenn Kelman a real estate question. Kelman’s answer wasn’t awful, but it wasn’t great. (The negotiation advantage for unsold spec home occurs once a quarter, not just once a fiscal year.) But it was funny to me, because of this: Why would anyone expect Kelman to know about real estate in the trenches? He’s not like RE/Max’s Dave Liniger, an ex-grunt with a corner office. He’s a corporate guy, a veteran of securitized start-ups.

    And that is a completely different world. Kelman provides a pretty candid peek into that world today at Guy Kawasaki’s weblog, a run-down on Redfin’s budgeting process and how things worked out in real life. There is a more corporate take on similar material at Redfin’s blog. Joel Burslem remarked briefly on these posts, and Sandy Kaduce provides a thoughtful analysis at the Seattle Post-Intelligencer‘s real estate weblog.

    BloodhoundRealty.com runs out of a 300sf room in our home, and, especially, the passenger cabins of our cars. Glenn Kelman lives in a world I know nothing about. I find the idea of salaried agents interesting — by which I mean exotic — and I could see a benefit to a coordinated, centralized back-office operation, although this might introduce licensing problems across state lines (another good reason to do away with licensing). In any case, I am grateful to everyone who fingered these posts by email, but I don’t think I have anything to add to the discussion.

    In comments here yesterday, Kelman said, “At Redfin, we would prefer it if both buyers’ agents and sellers’ agents each charged a fee.” That would be much easier to effect if the commissions were divorced, a topic I definitely am interested in taking up again — and again.

    In the meantime, give a look to Kelman’s post at Guy Kawasaki’s blog. It’s a fascinating glimpse into a side of real estate most of us don’t have to think about.

    Technorati Tags: , , ,

    The Odysseus Medal: Growing your business while controlling your own destiny

    BloodhoundBlog is addressed to real estate professionals. We won’t reject anyone who wants to come and play, but we made a conscious decision very early on that we would be talking to Realtors, lenders, investors and other professionals, with a special emphasis on real estate webloggers. In that respect, we’re probably a pretty bad example for real estate webloggers to follow. We write about things that are of interest to you, but they aren’t likely to be interesting to ordinary people.

    We’re leading into a discussion of last week’s ActiveRain fiasco, so here are two items that I think are very important to real estate webloggers — meaning webloggers who are not writing for the benefit of real estate professionals.

    First, the MyBlogLog recent readers widget is not your friend. It visually convinces you that you are writing for the amusement of your real estate weblogging buddies, when in fact you should be writing for your target market, the people who can put money in your pocket.

    Second, Search Engine Optimization (SEO) should not be your primary traffic-building strategy. Search engines will bring you unique visitors, which can be useful for advertising monetization business models. But search engine traffic comes with a truly gargantuan bounce rate: They land, they see that what they hit wasn’t what they wanted and they’re gone. Search engines can bring you visitors who will come and stay, some of whom might do business with you. But other traffic generating strategies — better targeted and much more viral — will make you a lot more money in the long run. I know I’m shouting down a well because everyone wants to believe SEO is a magic bullet, but facts are facts.

    What does this have to do with ActiveRain? The sweet folks at ActiveRain have managed to convince themselves that talking about inside baseball to their good-time buddies will result in SEO traffic that will turn into money for them. This might actually be true, but it seems certain to me that, erg for erg, their energies could have been much better spent. ActiveRain argues that its search results prove it Read more

    The Odysseus Medal competition — Voting for the People’s Choice Award is open

    This was a great week. It wasn’t easy getting to a short list of twenty nominees, and I think it’s going to be particularly tough to pick an ultimate winner. I can’t imagine it will be any easier for you to vote for the People’s Choice Award.

    What gets a weblog entry onto this list? Good writing, serious content — and especially both. There’s always room for something light-hearted if it’s very well written, but if you’re taking on a matter of true moment, I’m pretty forgiving about the niceties. My admitted bias is toward a deeper understanding of this thing we’re doing, real estate in the twenty-first century.

    Vote for the People’s Choice Award here. You can use the voting interface to see each nominated post, so comparison is easy.

    Voting runs through to 12 Noon PDT/MST Monday. I’ll announce the winners of this week’s awards soon thereafter.

    Here is this week’s short-list of Odysseus Medal nominees:

    < ?PHP $entries = array ( "Dan Melson -- Sellers pays commissions Why the Real Estate Buyers Agent’s Commission is Paid by the Seller”,
    “Brian Brady — Advertising to Ashley
    Advertising to Ashley“,
    “Jonathan Dalton — Real estate 2.0 Real Estate 2.0 and the Phoenix Real Estate Consumer“,
    “Dustin Luther — Make an impact 7 Ways to Make an Impact“,
    “Jay Thompson — Aaron Anglin Tragedy Begets Triumph: Why I Love this Community“,
    “Jay Thompson — Refrigerator service How to Save $94 on Refrigerator Service“,
    “Joel Burslem — ActiveRain/Move Move.com Tried to Buy ActiveRain“,
    “Michael Wurzer — Standards and monopolies Good Standards Break Monopolies, Not Make Them“,
    “Daniel Rothamel — Facebook Why Your Answer to, “Are You on Facebook?” Will Determine the Fate of Your Business in 10 Years or Sooner“,
    “Jim Watkins — Down market? Down Sales Market? Think Outside the Box“,
    “Bill Leider — Opportunity costs Internet Marketing And Opportunity Cost – Connecting The Dots“,
    “Steve Leung — Hidden factors Hidden Factors When Calculating a Home’s Value“,
    “Jillayne Schlicke — Deceptive advertising Deceptive Radio Advertising in Mortgage Lending“,
    “Patrick Kapowich — Realtor licensing Inside the Santa Clara County Association of Realtors’ Convention. Buyer beware? No. It’s Licensees Beware.“,
    “Jeff Brown — Double-edged sword Double-Edged Sword — OR — Planning & Discipline — What Does Your Retirement Look Like?“,
    “Dan Green — Data is granular Why Real Estate Data Is Read more

    The Odysseus Medal competition — The long list

    We had a lot of news this week, some tragic, some comical. All of it and then some is represented here. This is “the long list” — the total list of nominees that made the cut to be considered for the short list, the nominees available for voting for The People’s Choice Award.

    What gets cut from this list? Posts that are too short, too stoopid, too much local or too much other people’s work. Even so, making this list of entries is an achievement, as you’ll see as you read them. There are some very serious minds out there, and it’s a delight to be able to showcase them.

    For Aaron Anglin, may he rest in peace, the Ave Maria:

    Ave Maria, gratia plena,
    Dominus tecum,
    benedicta tu in mulieribus,
    et benedictus fructus ventris tui Iesus.
    Sancta Maria mater Dei,
    ora pro nobis peccatoribus, nunc, et in hora mortis nostrae.
    Amen

    And for all the ActiveRainers who may yet find themselves left out in the cold, here is a link to Roger Miller singing The Ballad of Waterhole #3 (The Code of the West).

    With that, the long list:

    < ?PHP $AltEntries = array ( "Dan Melson -- Sellers pays commissions Why the Real Estate Buyers Agent’s Commission is Paid by the Seller”,
    “Brian Brady — Debunking Guttentag
    Debunking Guttentag“,
    “Dan Green — Fed Funds Rate How Setting The Fed Funds Rate Is Like Shooting Free Throws With Your Eyes Closed“,
    “Kelly Roark — Agent 2.0 Agent 2.0: not-so-clever play on ‘Web 2.0’ or the future of real estate marketing?“,
    “Brian Wilson — Redfin [Redfin] “I coulda been a contender…”“,
    “Erik Hersman — RealUmbrella Creating the Ultimate Real Estate Disintermediator“,
    “Jillayne Schlicke — Deceptive advertising Deceptive Radio Advertising in Mortgage Lending“,
    “Ron Ares — Rent vs buy Addressing the Rent vs. Buy Conundrum“,
    “Patrick Kapowich — Realtor licensing Inside the Santa Clara County Association of Realtors’ Convention. Buyer beware? No. It’s Licensees Beware.“,
    “Jeff Brown — Double-edged sword Double-Edged Sword — OR — Planning & Discipline — What Does Your Retirement Look Like?“,
    “Dan Green — Visa credit scoring How Visa USA Tried To Scare Us All Into Using Its Credit Scoring Web Site“,
    “Morgan Brown — Housing glut Housing Glut, Lennar Revenue off 44%, Other Goodies“,
    “Dustin Luther — Make an Read more

    Get your Odysseus Medal nominations in now for change is nigh

    Jay Thompson fingered this comment from someone named Brandon writing at TechCrunch:

    If “the good guys” succeed in “fixing the most screwed up industry in America”, their business model will collapse. Redfin’s success depends SOLELY on the real estate industry STAYING the most screwed up industry in America.

    Without a co-broker fee of 2-3% to the buyer broker, Redfin will not have anything to refund to their buyers. Using the example on the Redfin home page, if the home is for sale by owner or listed with Redfin for $3000-$4000 flat fee, they have no way to refund the buyer the $10,000 they’re using in their “typical” example.

    Go lookup Bloodhound Blog if you want really insightful info on the real estate industry (including how screwed up parts of it really are) and how Redfin’s model falls down. An no, I am not affiliated with Bloodhound in any way – just a loyal reader.

    Ah, well, we have a lot of interesting ideas for changes in the real estate industry, but I can’t imagine that any of them will be implemented in the next couple of days. Even so, get your Odysseus Medal nominations in now. Deadline is today at 12 Noon PDT/MST. If you know of something worthy of recognition, your own work or someone else’s, nominate it now while it’s on your mind — and before the entire universe is upended.

    Technorati Tags: , ,

    Activerain.com v. Move.com: The Duplicity at Activerain.com

    In an effort to placate angry users, Active Rain announces that the content is owned by the author; not the network. This isolates the membership roster as the only valuable asset in the failed sales to Move.com

    The platform is not proprietary, the content was never owned (and couldn’t legally be “sold”), and the points scheme is not unique; Gather.com and Yahoo!Answers use similar systems. So…The membership roster seems to be the $33 million asset.

    Six hundred bucks a name. Wow! So it was just a membership play, huh? I’m not buying that. I think the content clarification announcement is kind of like closing the barn door after the horse ran away. I think Active Rain fully intended to profit off of my words but I don’t care.

    Today, Jon Washburn defines the future after he got caught with his hand in the cookie jar. His pandering to the members neglects to recognize the members’ need for the network. He should have said, “Hey! I did it for the money!”  Could Move.com have profited off the 50,000 users? Certainly, most of the content would have stayed. Here’s why: The members’ motives for blogging on Active Rain were in line with the owners of the network’s motivation- Money.

    Now, as a raving fan of the network, I’m prone to blurt the childish socialist mantra, “It’s MY community!” like any other happy Active Rainer. However, deep in the bowels of my conscience, the truth persists like a nagging mother.

    You and I used Active Rain. We did it for the money. We did it for the allure of our names on the top of the search engines, for the leads that were sent our way, for the networking opportunities that materialized, and for the warm happy, fuzzy feeling that we got when we engaged in an activity that felt like marketing. You used Active Rain and I used Active Rain and that is perfectly fine.

    What isn’t fine, is that Active Rainers are pissed that the boys wanted to set up their Read more