The real estate interwebs blew up last night when the announcement from San Diego based real estate brokerage Abbott Realty Group (ARG) came down that they were going to stop syndicating their company's listings to national listing aggregator sites Zillow, Trulia and Realtor.com. Sounds exactly like what Edina Realty announced in November 2011. (Though curiously, Edina never mentioned backing out of Zillow). Is there an “anti-syndication movement” afoot in the real estate vertical? Maybe. … [Read more...]
An Interview With Justin LaJoie on the Zillow Acquisition of Diverse Solutions
Last week's announcement that Zillow had acquired real estate search provider Diverse Solutions caused a bit of a stir across the real estate vertical. Much speculation ensued, along with the requisite Zillow bashing that seems to take place any time Zillow makes another splash in the industry. I've known the Diverse Solutions founder and CEO Justin LaJoie for a few years. He's a good guy, crazy smart, with terrific products (we use the DS products dsSearchAgent and dsIDxpress products on … [Read more...]
Real Estate Links From Around the Web
I read a ridiculous amount of blogs and news sites. Call it an obsession. Blame it on my iPad ”“ that thing is a content consumers dream. Thought I'd share some of the recent goodness I've come across. If I was smart, I'd turn this into a regular feature. However, I've tried “regular features” in the past and failed miserably at delivering them consistently. I don't like failing, so I won't even go down the road of claiming this will be a regular thing here on Phoenix Real Estate Guy. We'll … [Read more...]
Real Estate Agent Review Sites. On Zillow, Gaming and Whining
Earlier this week, Zillow “a popular real estate listing portal, home value estimating, forum wielding, data containing, subject to much assault from real estate agents web site” announced they were implementing a real estate agent review component to their oft-visited web site. You know, a place where you can give a real estate agent a “five star” (or one star) review. Ostensibly a place where folks pondering buying or selling a home could go and find an agent, and by looking at reviews from … [Read more...]
I Love My Home. I’m Underwater. What Do I Do?
A couple of days ago, this question came in from the Ask the Broker page: Question: I love my home .. bought in 2000 for 289,000 re-fi in 2006 at 376000.00 todays worth 305,000 according to zillow. I'm torn, should I short sell and cut my losses or should I keep fast and steady. I'm trying to figure out my home appreciation in 10 years. I reside in peoria zip 85383 What we have here is basically an unanswerable question. Please allow me to explain why”¦. I look at this as a … [Read more...]
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The Phoenix Real Estate Guy was started by Jay Thompson, and I have a little blogging problem... he liked to say...