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Jul 12 16

Kevin Greene and Ohan Antebian join CoreLogic.

by Greg Robertson

“New Team Members

I’m very pleased to announce that Ohan Antebian has joined the CoreLogic Real Estate Solutions team as Senior Director, Product Management, Broker Solutions. Ohan is joining us from HomeSpotter, LLC where he most recently held the position of Chief Strategy Officer. Prior to HomeSpotter, Ohan held leadership roles with Realtors Property Resource, LLC and LPS Real Estate Group.

I’m also pleased to announce that Kevin Greene has also recently joined our team as Senior Director of Strategic Partnerships and New Initiatives. Kevin is joining us from Real Estate Digital where he most recently held the position of Senior Vice President, Business Development & MLS Solutions. Prior to Real Estate Digital, Kevin held leadership roles with Lender Processing Services, Inc. and Fidelity National Financial.

Ohan and Kevin are senior leaders with records of success leading strategy, innovation, customer-focused new product development, and product launch for companies in the technology, information and data services sectors. They will be key players in our success going forward.

Please join me in welcoming Ohan and Kevin to our CoreLogic team. I look forward to introducing them to you in person at upcoming industry events.

Chris Bennett
General Manager, Real Estate Solutions
CoreLogic

Looks like CL is taking a page from some NBA teams.

Jul 12 16

Speaking of pimps….

by Greg Robertson

spencers den
Zillow Group CEO Spencer Rascoff buys $20 million L.A. mansion near O.J. Simpson’s former estate

“The real estate business has been good to technology entrepreneur Spencer Rascoff. And now we’ve confirmed that the well-known CEO of Seattle-based Zillow Group recently purchased a magnificent mansion in the exclusive Brentwood section of Los Angeles.

The price tag? Nearly $20 million.

A rep for the Seattle-based online real estate company confirmed the news to GeekWire on Monday, and said Rascoff sent a note to employees in May about how he will be splitting his time between Seattle and Los Angeles.”

His memo to employees is interesting…

“I wanted to give you a heads-up on some news for me and my family. Recently, we decided that we need to start spending more time in Los Angeles for personal family reasons. Beginning this summer, I will be splitting my time between Seattle and L.A., where my wife and I grew up and where all four of our parents live. However, nothing is changing about my role at Zillow Group. It is not uncommon for executives at large companies to do this because (like me) they already spend a lot of time traveling each week. Where they lay their head on the weekend is really just dependent on what is best for their family. And actually, I have done this before — for 2 years I lived in SF and worked in Seattle, and for 1 year I lived in L.A. and worked in Seattle. If you have any questions, please feel free to ask me.”

Next thing you know he and Annie will start having brunch together.

Jul 12 16

It’s hard out there being a pimp

by Greg Robertson

Via HousingWire

California Assoc. of Realtors sues PDFfiller.com for $136M for ‘unlawful copyright violations’

“C.A.R’s complaint also alleges that PDFfiller.com engaged in the “willful infringement” of C.A.R.’s copyrighted forms and its registered trademarks.

The suit also alleges that PDFfiller.com purchased web search terms that lead the public to its site when they search for C.A.R. documents, rather than C.A.R.’s website, and then sells access to its website.

“PDFfiller.com has charged users for access to counterfeit C.A.R. documents bearing C.A.R.’s registered tradename and logo which they have no right to do,” C.A.R. said in a statement.

C.A.R.’s lawsuit seeks more than $136 million in monetary compensation, including statutory penalties, and attorneys’ fees, as well as a permanent injunction on PDFfiller.com to prohibit “future infringing activity.”

Jul 7 16

RPR vs. Zillow -Tale of the tape

by Greg Robertson

Lots of interesting tidbits from this article by Andrea Brambila at Inman News.

Zillow vs RPR: Which got more initial funding?

“Turns out Zillow got a lot more funding in its first years: $87 million in 2005-2007, but no additional funding before its initial public offering (IPO), according to CrunchBase.

Zillow went public July 20, 2011, raising $75.7 million. Its market cap was $962 million that day. Zillow had 10,710 Premier Agent subscribers then.

By contrast, RPR got $39.2 million in its first three years. The amount spent annually on the company has been rising nearly every year and is projected to keep doing so at least through 2019.”

Very interesting perspective. The total amount of funding RPR has received between 2009 and 2016 is over $144M.

I’d like to see a comparison of adoption. Meaning total number of active “Premier Agents” vs total number of “RPR Agents”. After a quick look online I didn’t find the actual number of Premier agents but, they have publicly stated that they are focusing on “super agents”. So Zillow cares less about total number of agents on their platform, only if they are buying a lot. RPR has stated previously that “there is a base of over 100,000 power users who use it frequently”, but everyone pays.

Of course N.A.R.’s mission is very different to Zillows. It will also be interesting to see how RPR’s pivot to AMP and Upstream vendor plays in to these revenue numbers going forward.

and there’s this…

“Of note: In June, Zillow agreed to pay its main competitor, realtor.com operator Move Inc., $130 million in a settlement to resolve all legal claims between them — an amount bigger than all of Zillow’s pre-IPO funding.”

Think about that awhile. Zillow settled a lawsuit for more money that they raised to get started. That’s pretty remarkable.

And finally,

“Zillow was to pay all the funds in full just two weeks after the settlement, on June 20. Neither Zillow nor Move would tell Inman whether the funds had been paid, saying the information would be disclosed in future earnings reports from their parent companies, Zillow Group and News Corp.”

Two weeks. Ouch!

Jul 7 16

Looking for a new gig?

by Greg Robertson

Matterport is looking for a Director, Enterprise Sales.

“Matterport is looking for an experienced Sales Executive to drive exponential growth in Enterprise Real Estate Sales. The Sales Executive will be responsible for selling Matterport’s Pro 3D Camera and related software-as-a-service (SaaS) to large end users. They will reach business targets and opportunity-based sales quotas through excellent telephone sales and communications skills. Additionally, the executive will create sales leads, initiate prospect calls, and establish ongoing rapport with existing and potential customers. Integrity, vision, and passion are essential for this role.”

Find out more about this position and other opportunities on the Vendor Alley Job Board.

Jul 7 16

Looking for a new gig?

by Greg Robertson

The Austin Board of REALTORS is looking for a Data Quality Assurance Manager

Perform quality analysis to maintain data integrity in the MLS system. Daily maintenance, monitoring and correction of reports and system business rules; as well as communication with members and vendors monitoring progress of reported errors to resolution.

Find out more about this position and other opportunities on the Vendor Alley Job Board.

Jul 6 16

Lone Wolf acquires WhereToLive.com

by Greg Robertson

Heard about this awhile ago, I guess its official now…

Vista Equity-backed Lone Wolf buys WhereToLive.com

““This acquisition aligns with our vision of a completely integrated real estate business,” says Lorne C. Wallace, CEO of Lone Wolf Real Estate Technologies. “At Lone Wolf, we have a clear vision of a real estate eco-system. We believe that a single point of entry, whether for leads, agents or listings, is critical for an efficient and successful brokerage. This acquisition brings the WhereToLive clients and us one step closer to that vision.”

Lorne has been on a tear lately.

Jul 5 16

Upstream CEO, Alex Lange announces Upstream website “in a few weeks”.

by Greg Robertson

Two things I learned today. Alex Lange, newly appointed CEO of Upstream, has a blog. Secondly he says Upstream will launch a new website in a few weeks. Which means August?

Thirty Days Swimming Upstream

I also want transparency, so you have all the information you need to plan effectively. With that said, I will launch the Upstream website in a few weeks. It will have designs, documentation and talking points so you can inform your teams. I will frequently post our status and write about what’s working, what’s not and how we’re addressing issues (the good, the bad and the ugly). I will dissect our operating agreement for you as well as our corporate charter. You will have access to everything that is Upstream.

Jun 30 16

Halftime

by Greg Robertson

Like many of you we started off the year with a plan. We made some goals, both product-wise and financial. We hired, we fired and made tweaks to our org chart to help steer our company towards those goals. One of the best things I’ve done in the past few years is having monthly meetings and go over our how we preformed in comparison to our goals month over month. Every month those metrics are tracked and we can see the progress over time. Looking back at those slides tells a story.

And now, quickly enough, its June. It’s Halftime.

Time to look at what went well, what didn’t go so well, ponder on any surprises and to see what (if any ) of our assumptions were wrong or right.

Whether you run a big company, an association, MLS or hustling for some sales, now is a good time to reflect. I’ve been doing that for the past couple weeks. You should try it.

Jun 29 16

Looking for a new gig?

by Greg Robertson

The Williamsburg Area Association of REALTORS® is looking for a new AE!

Association Executive

“This highly visible AE will work with an energized volunteer membership and lead the staff to enhance the public’s perception of the industry. The successful candidate must have proven leadership experience, strong management skills, and political acumen. S/he must be an energetic worker, strategic thinker, leader, organizer, administrator, manager and communicator.

Find out about this position and more at the Vendor Alley Job Board