Where Real Estate Gets Its Dirt

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Listing Syndication Cage Match…not really

Matt Cohen has a great (if not wonkish) post about the ListHub / NAMLS kerfufel. With input from Luke Glass, from ListHub and Kipp Cooper from North Alabama MLS (NAMLS) Matt does a good job of getting down to the nitty gritty of things. Good read for anyone wanting a better understanding of the situation.

Methods of Real Estate Listing Syndication: Point – Counterpoint

After reading the post I came away with feeling that the issues that NAMLS has don’t really warrant creating something new from scratch. While Kipp has some genuine concerns I would think to work within the system, instead of outside, would be a better tactic. My guess is that he has some brokers/agent that have never understood how ListHub works, and that lack of understanding leads to fear.

That being said you have to look at this as a wakeup call for ListHub. Luke calls the 4 main concerns about ListHub “myths”. Telling someone they are wrong is not a good way to start a conversation.

Nextdoor, a social network for neighborhoods, raises 60 million.

I’ve written about Nextdoor before. No revenue yet, but these guys now have 90 million in the bank and Zillow’s co-founder Rich Barton on their board. I like the idea here, connecting online with your neighbors. Seems a little counter intuitive (why not just say hello instead?). But with everyone as busy as they are it seems that making a connection online is great way to start a relationship (online neighboring?). Here’s a quote from their CEO Nirav Tolia.

“And Mr. Tolia says Nextdoor is adding members at a healthy clip and believes it can fill the information void left by the erosion of local newspaper readership and local television viewing. The company is also attracting classified ads, robust discussions on its message boards about everything from crime to local businesses and services, and becoming a forum for neighbors to meet one another.”

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